General Motors Company (NYSE:GM) Stock Has Consensus Target Price of $101.22 According to Brokerages

Shares of General Motors Company (NYSE:GM) (TSE:GMM.U) have received an average recommendation of “Moderate Buy” from the twenty-seven brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $101.22.

Several brokerages have weighed in on GM. JPMorgan Chase & Co. dropped their price objective on General Motors from $120.00 to $110.00 and set an “overweight” rating for the company in a report on Monday. Wells Fargo & Company increased their target price on General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Barclays increased their target price on General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. TD Cowen restated a “hold” rating on shares of General Motors in a research report on Thursday, September 24th. Finally, UBS Group decreased their price target on General Motors from $114.00 to $112.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th.

General Motors News Summary

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

• Positive Sentiment: GM is developing higher-margin digital services for retail customers through OnStar and Super Cruise. Management says its first “eyes-off” driving system is expected on the 2028 Cadillac Escalade IQ, potentially creating recurring revenue and improving automotive margins. 2 Revolutionary Developments That Should Change Your Investing Thesis on Ford and General Motors
• Positive Sentiment: GM Defense has unveiled a driverless Silverado 3500HD-based military vehicle. The project broadens GM’s exposure to defense and autonomous-vehicle markets, although its financial contribution is not yet clear. Chevy Silverado 3500HD Goes Driverless as GM Defense Reveals Its Latest Military Innovations
• Positive Sentiment: GM has established direct-to-foundry supply agreements with GlobalFoundries for automotive-grade chips used in future vehicle architectures and driver-assistance systems. The arrangement could improve supply-chain visibility as vehicle electronics become more complex. GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking

Insider Transactions at General Motors

In other General Motors news, President Mark Reuss sold 71,079 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total value of $6,394,977.63. Following the transaction, the president directly owned 92,293 shares of the company’s stock, valued at $8,303,601.21. This trade represents a 43.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the transaction, the chief accounting officer owned 18,899 shares of the company’s stock, valued at $1,700,910. The trade was a 26.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 549,665 shares of company stock worth $49,010,828. Corporate insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in General Motors during the second quarter worth $5,958,995,000. Dimensional Fund Advisors LP increased its stake in shares of General Motors by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock valued at $1,059,668,000 after purchasing an additional 77,100 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of General Motors by 1.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,559,990 shares of the auto manufacturer’s stock valued at $659,804,000 after purchasing an additional 101,885 shares during the last quarter. Bank of America Corp DE bought a new position in shares of General Motors in the 2nd quarter valued at $629,465,000. Finally, Legal & General Group Plc acquired a new position in shares of General Motors during the 2nd quarter worth $599,066,000. 92.67% of the stock is owned by institutional investors.

General Motors Stock Up 0.7%

NYSE GM opened at $83.64 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. General Motors has a 1-year low of $56.81 and a 1-year high of $91.85. The company has a 50 day moving average of $84.41 and a 200-day moving average of $81.08. The company has a market cap of $73.39 billion, a price-to-earnings ratio of 6.60, a PEG ratio of 0.46 and a beta of 1.40.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities research analysts expect that General Motors will post 13.54 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Friday, September 4th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s dividend payout ratio is currently 36.36%.

About General Motors

General Motors Company (NYSE:GM) is a global automotive manufacturer headquartered in Detroit, Michigan. Founded in 1908, the company designs, manufactures and sells cars, trucks and sport utility vehicles under brands including Chevrolet, Buick, GMC and Cadillac.

GM serves customers primarily in North America and also operates in international markets. Its business includes gasoline-powered and electric vehicles, commercial and fleet vehicles, vehicle financing through GM Financial, and connected-vehicle services such as OnStar.