General Motors (NYSE:GM) Stock Gets Price Target Trim from Royal Bank Of Canada

General Motors (NYSE:GM) (TSE:GMM.U) had its price target reduced by equities researchers at Royal Bank Of Canada from $102.00 to $98.00 in a report released on Wednesday, Benzinga reports. The firm presently has an “outperform” rating on the auto manufacturer’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 26.98% from the company’s current price.

GM has been the topic of a number of other research reports. Tigress Financial upped their target price on General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 28th. Morgan Stanley reduced their price target on General Motors from $101.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday. BNP Paribas Exane raised their price target on General Motors from $102.00 to $112.00 and gave the stock an “outperform” rating in a research note on Monday, August 31st. 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, October 12th. Finally, Truist Financial set a $105.00 price objective on General Motors in a report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, General Motors presently has an average rating of “Moderate Buy” and an average target price of $100.64.

General Motors Price Performance

GM stock opened at $77.17 on Wednesday. General Motors has a 12 month low of $62.36 and a 12 month high of $91.85. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. The company has a 50-day moving average price of $83.99 and a 200 day moving average price of $81.23. The stock has a market cap of $67.72 billion, a PE ratio of 38.98, a P/E/G 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, October 20th. The auto manufacturer reported $3.70 EPS for the quarter, beating the consensus estimate of $3.69 by $0.01. The company had revenue of $50.02 billion for the quarter, compared to the consensus estimate of $48.78 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.80 EPS. Equities research analysts anticipate that General Motors will post 13.53 earnings per share for the current year.

General Motors announced that its Board of Directors has authorized a share repurchase plan on Tuesday, October 20th that authorizes the company to repurchase $20.00 billion in outstanding shares. This buyback authorization authorizes the auto manufacturer to purchase up to 27.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other news, CAO Christopher Hatto sold 6,895 shares of General Motors 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 sale, the chief accounting officer owned 18,899 shares of the company’s stock, valued at approximately $1,700,910. The trade was a 26.73% 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, President Mark L. Reuss sold 71,079 shares of General Motors stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the sale, the president directly owned 92,293 shares of the company’s stock, valued at $8,303,601.21. This represents a 43.51% decrease in their position. 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. Over the last three months, insiders sold 549,665 shares of company stock worth $49,010,828. 0.44% of the stock is owned by company insiders.

Institutional Trading of General Motors

A number of large investors have recently modified their holdings of GM. BlackRock Inc. bought a new position in shares of General Motors during the 2nd quarter worth $5,958,995,000. Dimensional Fund Advisors LP increased its stake in shares of General Motors by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock valued at $1,059,668,000 after buying an additional 77,100 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of General Motors by 1.2% during the second 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 buying an additional 101,885 shares during the period. Bank of America Corp DE bought a new stake in shares of General Motors in the second quarter valued at about $629,465,000. Finally, Legal & General Group Plc bought a new stake in shares of General Motors in the second quarter valued at about $599,066,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Trending Headlines about General Motors

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

• Positive Sentiment: GM reported record third-quarter revenue of approximately $50.0 billion, adjusted EBIT of $4.1 billion and adjusted earnings of $3.70 per share, slightly ahead of consensus. Core profits rose on strong North American pickup-truck and SUV demand. GM third-quarter results and guidance
• Positive Sentiment: The board authorized a multiyear $20 billion share-repurchase program, potentially reducing the share count and supporting earnings per share. GM also declared its regular quarterly dividend of $0.18 per share. GM buyback and dividend announcement
• Positive Sentiment: GM raised its 2026 adjusted automotive free-cash-flow outlook to $11.5 billion-$12.5 billion from $9.5 billion-$11.5 billion, helped by stronger operating performance and cash generation. GM cash-flow outlook
• Neutral Sentiment: Management narrowed its full-year adjusted EBIT forecast to $14.5 billion-$15.5 billion from $14.0 billion-$16.0 billion, leaving the midpoint unchanged at $15 billion. The tighter range provides clarity, but investors interpreted the lack of an upward revision as evidence that near-term profit growth may be leveling off.
• Negative Sentiment: Profitability remains heavily dependent on North American trucks and SUVs, while EV demand has weakened after the repeal of the $7,500 tax credit. Planned production pauses, rising costs and GM’s closure of the Brownstown battery plant added to concerns about future growth. GM EV demand commentary
• Negative Sentiment: The buyback drew criticism from the UAW, which argued that capital could instead support workers and domestic investment. More broadly, investors questioned whether repurchases can offset stagnant operating earnings and leverage concerns.

About General Motors

General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.

GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.