General Motors (NYSE:GM) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of General Motors (NYSE:GM) (TSE:GMM.U) from a buy rating to a hold rating in a report released on Sunday morning.

Several other equities research analysts have also commented on GM. Evercore ISI upped their target price on General Motors from $68.00 to $74.00 and gave the company an “outperform” rating in a research report on Monday, November 24th. Tigress Financial lifted their price target on General Motors from $88.00 to $92.00 and gave the company a “strong-buy” rating in a research note on Friday, October 24th. Weiss Ratings lowered shares of General Motors from a “buy (b-)” rating to a “hold (c)” rating in a research note on Saturday, October 25th. Zacks Research raised General Motors from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Finally, Royal Bank Of Canada raised their price objective on shares of General Motors from $77.00 to $86.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.76.

General Motors Stock Down 0.5%

Shares of GM opened at $80.95 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.06 and a debt-to-equity ratio of 1.40. General Motors has a 12 month low of $41.60 and a 12 month high of $83.68. The stock has a market capitalization of $75.52 billion, a PE ratio of 16.29, a P/E/G ratio of 0.65 and a beta of 1.31. The firm’s 50 day moving average is $75.00 and its 200-day moving average is $62.67.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.48. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The firm had revenue of $48.59 billion for the quarter, compared to the consensus estimate of $44.60 billion. During the same quarter last year, the business posted $2.96 EPS. The company’s revenue was down .3% compared to the same quarter last year. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. Equities research analysts forecast that General Motors will post 11.44 EPS for the current year.

General Motors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, December 5th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.60 annualized dividend and a dividend yield of 0.7%. General Motors’s payout ratio is 12.07%.

Insider Activity at General Motors

In other General Motors news, President Mark L. Reuss sold 260,600 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the completion of the transaction, the president owned 98,006 shares of the company’s stock, valued at approximately $6,512,498.70. This trade represents a 72.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Christopher Hatto sold 15,697 shares of the business’s stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $70.00, for a total transaction of $1,098,790.00. Following the sale, the chief accounting officer directly owned 12,007 shares in the company, valued at $840,490. The trade was a 56.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 284,021 shares of company stock valued at $18,971,788 in the last three months. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On General Motors

Large investors have recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. bought a new stake in shares of General Motors in the third quarter worth about $29,000. Kelleher Financial Advisors bought a new stake in shares of General Motors during the 3rd quarter worth approximately $29,000. Trust Co. of Toledo NA OH purchased a new stake in shares of General Motors during the second quarter valued at $25,000. JPL Wealth Management LLC bought a new position in General Motors in the 3rd quarter worth about $32,000. Finally, GFG Capital LLC bought a new position in General Motors in the second quarter worth approximately $27,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Key General Motors News

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

• Positive Sentiment: Legal risk reduced after a brake master cylinder class-action against GM trucks and crossovers failed, removing a potential liability and clearing a near-term overhang for the company. GM Truck And Crossover Brake Master Cylinder Lawsuit Fails
• Neutral Sentiment: GM is exploring adaptive car-seat technology that can change physical size — an innovation that could improve product differentiation long-term but has limited near-term revenue impact. GM Has an Idea for Car Seats That Can Physically Change Size
• Neutral Sentiment: Local PR/community news: GM awarded $300K across nine Flint-area groups and added a recovered $1M sculpture to its new HQ — positive for corporate image but unlikely to move the stock materially. Nine Flint area groups share in $300K from GM grant program How a lost $1M sculpture went from a mall basement to glitzy new GM HQ
• Negative Sentiment: Production disruption: GM is pausing Corvette and Silverado plant runs and idling about 1,100 workers for roughly five weeks, which could depress near-term shipments and revenue if prolonged. GM halts Corvette and Silverado plants, idling 1,100 workers 5 weeks
• Negative Sentiment: Analyst sentiment: Wall Street Zen lowered its rating on GM, increasing downside risk from weaker investor sentiment and potential selling pressure. General Motors (NYSE:GM) Stock Rating Lowered by Wall Street Zen
• Negative Sentiment: Reputation/credibility risk after questions surfaced about whether GM accurately reported the output figure for the Chevrolet Corvette ZR1 — potential for regulatory scrutiny or customer backlash if details are confirmed. Did General Motors Lie About the Output of the Chevrolet Corvette ZR1?
• Negative Sentiment: Tariff risk: Reporting highlights possible new tariffs that could quickly raise vehicle prices and pressure demand or margins if passed through to consumers. This increases near-term macro/regulatory uncertainty for U.S. automakers including GM. Buying a GM soon? New tariffs could spike the price overnight
• Negative Sentiment: Safety/recall: GM issued a recall for the GMC Canyon AT4X AEV edition over a safety concern, which carries repair costs and modest reputational risk. General Motors Recalls GMC Canyon AT4X AEV Edition Over Safety Concern

General Motors Company Profile

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.