General Motors Company $GM Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 0.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,020,253 shares of the auto manufacturer’s stock after selling 8,326 shares during the quarter. Principal Financial Group Inc. owned about 0.11% of General Motors worth $76,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in GM. Brighton Jones LLC boosted its stake in General Motors by 456.1% in the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after buying an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock valued at $913,000 after acquiring an additional 7,058 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of General Motors by 4.8% during the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock worth $1,847,000 after acquiring an additional 1,706 shares during the period. Jump Financial LLC lifted its holdings in shares of General Motors by 45.7% during the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock worth $1,248,000 after acquiring an additional 7,951 shares during the period. Finally, AXA S.A. boosted its position in shares of General Motors by 69.4% in the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock worth $3,275,000 after acquiring an additional 27,270 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Price Performance

GM stock opened at $77.62 on Friday. The firm has a market cap of $69.99 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 0.39 and a beta of 1.31. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a 1 year low of $48.87 and a 1 year high of $87.62. The stock has a 50-day simple moving average of $78.88 and a 200-day simple moving average of $78.93.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. During the same period in the previous year, the company posted $2.78 EPS. General Motors’s revenue for the quarter was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities analysts predict that General Motors Company will post 12.86 earnings per share for the current fiscal year.

General Motors Announces Dividend

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

Key Stories Impacting General Motors

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

• Positive Sentiment: Several market commentary pieces highlight GM’s strong earnings history and suggest the company could beat estimates again in its next quarterly report, which could support the stock if results and guidance come in ahead of expectations. Article Title
• Positive Sentiment: GM has also been featured as a top-ranked growth stock in screening tools, reinforcing the view that investors are still finding value in the name ahead of earnings. Article Title
• Positive Sentiment: GM Middle East sales were boosted by full-size SUVs and pickups, suggesting demand remains solid in profitable vehicle segments. Article Title
• Neutral Sentiment: Multiple previews of GM’s upcoming Q2 earnings focus on key metrics and Wall Street expectations, which mainly keeps attention on the report rather than changing the underlying story. Article Title
• Neutral Sentiment: GM-related nostalgia and legacy pieces, including the demolition of a historic Pontiac building and other heritage coverage, are more symbolic than financially material for the stock. Article Title
• Negative Sentiment: A Reuters-style report on GM missing the hybrid shift and losing share to Toyota is the most important bearish takeaway, since it raises concerns that GM is underinvested in a fast-growing segment and could face pressure on U.S. market share and future margins. Article Title

Analyst Ratings Changes

A number of research firms recently issued reports on GM. TD Cowen boosted their target price on shares of General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. The Goldman Sachs Group decreased their price target on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Royal Bank Of Canada lowered their price objective on shares of General Motors from $95.00 to $94.00 and set an “outperform” rating for the company in a research note on Monday. UBS Group restated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Finally, Evercore reaffirmed an “outperform” rating and issued a $100.00 target price on shares of General Motors in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and an average price target of $97.27.

Insider Activity at General Motors

In related news, CEO Mary T. Barra sold 99,239 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total value of $8,445,238.90. Following the sale, the chief executive officer directly owned 592,242 shares of the company’s stock, valued at $50,399,794.20. This represents a 14.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $84.97, for a total value of $775,266.28. Following the transaction, the executive vice president directly owned 37,395 shares in the company, valued at approximately $3,177,453.15. This represents a 19.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 697,388 shares of company stock valued at $57,752,596. Corporate insiders own 0.54% of the company’s stock.

About General Motors

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.