Sound Shore Management Inc. CT Has $86.72 Million Position in General Motors Company $GM

Sound Shore Management Inc. CT lowered its holdings in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 28.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,066,395 shares of the auto manufacturer’s stock after selling 421,117 shares during the quarter. General Motors comprises about 2.8% of Sound Shore Management Inc. CT’s investment portfolio, making the stock its 18th largest position. Sound Shore Management Inc. CT’s holdings in General Motors were worth $86,719,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Franklin Resources Inc. boosted its stake in General Motors by 3.3% in the third 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 in the last quarter. Geode Capital Management LLC boosted its stake in 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 worth $1,802,668,000 after purchasing an additional 267,477 shares in the last quarter. Capital World Investors boosted its stake in General Motors by 8.2% in the third quarter. Capital World Investors now owns 18,130,519 shares of the auto manufacturer’s stock worth $1,105,420,000 after purchasing an additional 1,366,467 shares in the last quarter. AQR Capital Management LLC boosted its stake in 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 worth $868,986,000 after purchasing an additional 748,831 shares in the last quarter. Finally, Viking Global Investors LP boosted its stake in 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 worth $640,659,000 after purchasing an additional 5,830,050 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

Insider Buying and Selling at General Motors

In other General Motors news, CEO Mary T. Barra sold 215,391 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total value of $17,233,433.91. Following the transaction, the chief executive officer owned 770,491 shares of the company’s stock, valued at approximately $61,646,984.91. This represents a 21.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the transaction, 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. 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 quarter, insiders have sold 577,567 shares of company stock valued at $47,557,888. 0.54% of the stock is currently owned by company insiders.

General Motors Stock Performance

General Motors stock opened at $81.79 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. General Motors Company has a 1 year low of $46.81 and a 1 year high of $87.62. The company has a market cap of $73.75 billion, a PE ratio of 32.98, a PEG ratio of 0.41 and a beta of 1.30. The company’s 50-day moving average is $77.41 and its two-hundred day moving average is $78.34.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last released its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. During the same period in the prior year, the company posted $2.78 EPS. The company’s revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities analysts anticipate that General Motors Company will post 12.85 earnings per share for the current year.

General Motors Dividend Announcement

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

Wall Street Analyst Weigh In

GM has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price objective on General Motors from $57.00 to $59.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 29th. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Wedbush reiterated an “outperform” rating and issued a $95.00 price target on shares of General Motors in a report on Monday, May 11th. Bank of America initiated coverage on General Motors in a report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price target on the stock. Finally, Piper Sandler reiterated an “overweight” rating and issued a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, General Motors presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.65.

Get Our Latest Analysis on General Motors

More General Motors News

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.

About General Motors

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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