Norges Bank Invests $918.72 Million in General Motors Company $GM

Posted by George Bondi on May 31st, 2026

Norges Bank purchased a new position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 11,297,642 shares of the auto manufacturer’s stock, valued at approximately $918,724,000.

Several other large investors have also recently made changes to their positions in GM. Laurel Wealth Advisors LLC bought a new position in shares of General Motors in the 4th quarter worth $25,000. Elevation Wealth Partners LLC raised its position in shares of General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 275 shares in the last quarter. Kelleher Financial Advisors bought a new position in shares of General Motors in the 3rd quarter worth $29,000. Founders Capital Management bought a new position in shares of General Motors in the 4th quarter worth $31,000. Finally, JPL Wealth Management LLC bought a new position in shares of General Motors in the 3rd quarter worth $32,000. 92.67% of the stock is owned by institutional investors.

General Motors News Summary

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

Positive Sentiment: GM continues to get attention for growth beyond traditional car sales, including reports that it will help power NASA’s new lunar terrain vehicle and other news highlighting its battery and advanced engineering capabilities. General Motors to make batteries for NASA’s new manned moon rover
Positive Sentiment: Recent coverage has also emphasized GM’s push into AI-enabled customer service and connected-car technology, including approval of Pinnacle Intelligence as a vendor and a plan to replace shark-fin antennas with a connectivity hub module. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
Positive Sentiment: Investors are also reacting to GM’s strong recent earnings beat and to commentary that the stock can benefit from non-vehicle revenue streams such as AI, battery storage, and other strategic initiatives. Car Sales Stink. Why GM and Ford Are Soaring.
Neutral Sentiment: GM’s recent supplier awards and organizational updates reflect steady operations, but they are unlikely to be major stock drivers on their own. Bridgestone Recognized as 2025 Supplier of the Year by General Motors
Negative Sentiment: Multiple insider sales by CEO Mary Barra and EVP Rory Harvey may be pressuring sentiment, even though the transactions were made under pre-arranged 10b5-1 plans. Mary T. Barra insider trade details
Negative Sentiment: A recall involving older Cadillac models for an airbag issue adds another quality-related headline that can weigh on the stock. GM Recalls Older Cadillac Escalade, SRX, XTS, CTS, and ATS for Airbag Issue

General Motors Trading Down 1.1%

Shares of NYSE:GM opened at $83.39 on Friday. The business’s 50-day moving average is $76.93 and its 200 day moving average is $78.07. General Motors Company has a 1 year low of $46.81 and a 1 year high of $87.62. The firm has a market capitalization of $75.19 billion, a P/E ratio of 33.63, a P/E/G ratio of 0.42 and a beta of 1.29. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99.

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 (EPS) for the quarter, beating 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 company had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. During the same period in the prior year, the company posted $2.78 EPS. The firm’s quarterly 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. On average, research analysts predict that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Announces Dividend

The firm 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. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio is currently 29.03%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Barclays reduced their price target on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. The Goldman Sachs Group reduced their price target on General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Jefferies Financial Group boosted their price target on General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Wedbush reaffirmed an “outperform” rating and set a $95.00 target price on shares of General Motors in a research report on Monday, May 11th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $102.00 target price on shares of General Motors in a research report on Wednesday, April 29th. One research 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. According to data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.65.

Get Our Latest Stock Analysis on General Motors

Insider Activity

In other news, EVP Rory Harvey sold 79,494 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total value of $6,599,591.88. Following the transaction, the executive vice president directly owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. This represents a 63.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total value of $17,233,433.91. Following the completion of the transaction, the chief executive officer directly owned 770,491 shares in the company, valued at $61,646,984.91. This represents a 21.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 538,548 shares of company stock worth $44,241,546 over the last ninety days. 0.54% of the stock is currently owned by corporate insiders.

General Motors Profile

(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.