General Motors Company (NYSE:GM – Get Free Report) (TSE:GMM.U) EVP Rory Harvey sold 9,124 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $84.97, for a total transaction of $775,266.28. Following the transaction, the executive vice president directly owned 37,395 shares of the company’s stock, valued at $3,177,453.15. The trade was a 19.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Rory Harvey also recently made the following trade(s):
- On Wednesday, May 27th, Rory Harvey sold 79,494 shares of General Motors stock. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88.
- On Friday, May 22nd, Rory Harvey sold 5,652 shares of General Motors stock. The stock was sold at an average price of $79.57, for a total transaction of $449,729.64.
General Motors Price Performance
NYSE:GM opened at $81.79 on Thursday. The company has a 50-day moving average of $77.41 and a 200-day moving average of $78.34. The company has a market capitalization of $73.75 billion, a price-to-earnings ratio of 32.98, a PEG ratio of 0.41 and a beta of 1.30. General Motors Company has a 52 week low of $46.81 and a 52 week high of $87.62. 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 Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date is 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 (DPR) is 29.03%.
Institutional Investors Weigh In On General Motors
A number of hedge funds have recently added to or reduced their stakes in GM. Norges Bank bought a new stake in General Motors during the 4th quarter worth about $918,724,000. Viking Global Investors LP grew its holdings in General Motors by 81.1% during the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after acquiring an additional 5,830,050 shares during the last quarter. Life Cycle Investment Partners Ltd bought a new stake in General Motors during the 4th quarter worth about $309,380,000. Two Sigma Investments LP grew its holdings in General Motors by 348.4% during the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after acquiring an additional 2,757,695 shares during the last quarter. Finally, SEB Asset Management AB bought a new stake in General Motors during the 1st quarter worth about $171,892,000. Institutional investors own 92.67% of the company’s stock.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM is being highlighted by analysts and market commentary as a strong long-term holding, with Zacks and other recent coverage pointing to solid fundamentals, attractive valuation metrics, and income potential relative to peers.
- Positive Sentiment: GM’s push to speed up vehicle development with AI and engineering process improvements could help it bring products to market faster and lower costs over time, which is constructive for margins and competitiveness.
- Positive Sentiment: General Motors was also recognized by Aspen Aerogels as a 2025 Supplier of the Year, reinforcing GM’s EV and thermal-management strategy and signaling continued progress in its electrification ecosystem. Aspen Aerogels Named a 2025 Supplier of the Year by General Motors
- Neutral Sentiment: GM’s CEO Mary Barra sold shares under a pre-arranged 10b5-1 plan, and other executives also reported sales. While these transactions are not unusual, they can still add a bit of caution for investors. Mary T. Barra insider trade
- Negative Sentiment: A UAW-related strike at a key supplier is the biggest immediate risk, as it could disrupt production of GM’s profitable Chevy Silverado and GMC Sierra trucks and pressure near-term output and revenue.
- Negative Sentiment: GM Korea reported a sharp drop in domestic sales in May, adding to concerns about softer demand in some international markets.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. Mizuho dropped their target price on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 target price for the company in a research report on Wednesday, March 25th. Bank of America assumed coverage on shares of General Motors in a research report on Wednesday, March 4th. They set a “buy” rating and a $105.00 target price for the company. The Goldman Sachs Group dropped their target price on shares of General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, Citigroup increased their target price on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $95.65.
View Our Latest Stock Analysis on General Motors
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.
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