General Motors Company $GM Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in shares of General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 3.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 210,573 shares of the auto manufacturer’s stock after selling 6,416 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in General Motors were worth $15,688,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in GM. Laurel Wealth Advisors LLC acquired a new position in General Motors during the 4th quarter worth approximately $25,000. Elevation Wealth Partners LLC raised its holdings in shares of General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 275 shares in the last quarter. SouthState Bank Corp lifted its position in shares of General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares during the last quarter. Kelleher Financial Advisors purchased a new stake in shares of General Motors during the 3rd quarter worth $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of General Motors during the fourth quarter worth $30,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors News Roundup

Here are the key news stories impacting General Motors this week:

Insider Activity at General Motors

In other General Motors news, CEO Mary T. Barra sold 99,239 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total value of $8,445,238.90. Following the completion of the sale, the chief executive officer owned 592,242 shares in the company, valued at approximately $50,399,794.20. The trade was a 14.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the sale, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at $2,192,490. The trade was a 21.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 697,388 shares of company stock valued at $57,752,596 in the last three months. 0.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on GM. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Evercore reaffirmed an “outperform” rating and set a $100.00 price objective on shares of General Motors in a research report on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Piper Sandler reissued an “overweight” rating and set a $102.00 target price on shares of General Motors in a research report on Wednesday, April 29th. Finally, Wedbush restated an “outperform” rating and set a $95.00 target price on shares of General Motors in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.32.

View Our Latest Research Report on General Motors

General Motors Price Performance

Shares of NYSE:GM opened at $77.93 on Monday. The company’s fifty day moving average price is $78.91 and its 200 day moving average price is $79.09. General Motors Company has a 12 month low of $48.87 and a 12 month high of $87.62. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. The firm has a market capitalization of $70.27 billion, a P/E ratio of 31.43, a P/E/G ratio of 0.39 and a beta of 1.31.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. General Motors’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, sell-side analysts predict that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s dividend payout ratio is 29.03%.

General Motors Company Profile

(Free Report)

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.

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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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