Northwestern Mutual Wealth Management Co. lessened its holdings in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 9.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 73,936 shares of the auto manufacturer’s stock after selling 7,347 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in General Motors were worth $6,013,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the business. Franklin Resources Inc. raised its position in General Motors by 3.3% in the 3rd quarter. Franklin Resources Inc. now owns 31,322,758 shares of the auto manufacturer’s stock worth $1,909,748,000 after purchasing an additional 989,189 shares during the period. Geode Capital Management LLC increased its position in shares of General Motors by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after acquiring an additional 267,477 shares during the period. Capital World Investors increased its position in shares of General Motors by 8.2% in the third quarter. Capital World Investors now owns 18,130,519 shares of the auto manufacturer’s stock valued at $1,105,420,000 after acquiring an additional 1,366,467 shares during the period. AQR Capital Management LLC increased its position in shares of General Motors by 5.5% in the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock valued at $868,986,000 after acquiring an additional 748,831 shares during the period. Finally, Viking Global Investors LP increased its position in shares of General Motors by 81.1% in the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after acquiring an additional 5,830,050 shares during the period. Hedge funds and other institutional investors own 92.67% of the company’s stock.
Insider Activity
In other news, EVP Rory Harvey sold 9,124 shares of General Motors stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the sale, the executive vice president owned 37,395 shares of the company’s stock, valued at approximately $3,177,453.15. The trade was a 19.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $85.00, for a total transaction of $586,075.00. Following the sale, the chief accounting officer directly owned 25,794 shares in the company, valued at $2,192,490. The trade was a 21.09% 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 90 days, insiders have sold 577,567 shares of company stock valued at $47,557,888. Corporate insiders own 0.54% of the company’s stock.
General Motors Trading Up 0.1%
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts anticipate that General Motors Company will post 12.85 EPS for the current year.
General Motors Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s payout ratio is presently 29.03%.
Key Stories 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 Analyst Weigh In
A number of equities analysts have issued reports on GM shares. Citigroup boosted their price objective on shares of General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. Mizuho decreased their price objective on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Wedbush restated an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a research report on Monday, May 11th. Finally, The Goldman Sachs Group decreased their price objective on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. One 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, General Motors has a consensus rating of “Moderate Buy” and a consensus target price of $95.65.
View Our Latest Analysis on GM
General Motors 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.
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