General Motors Company (NYSE:GM) Receives Average Rating of “Moderate Buy” from Analysts

General Motors Company (NYSE:GMGet Free Report) (TSE:GMM.U) has earned a consensus rating of “Moderate Buy” from the twenty-three ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, eighteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $101.4091.

Several research analysts recently weighed in on the stock. UBS Group restated a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $100.00 price objective on shares of General Motors in a report on Wednesday, July 22nd. Royal Bank Of Canada boosted their price objective on General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. TD Cowen increased their price objective on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Finally, Wells Fargo & Company raised their price target on shares of General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 22nd.

View Our Latest Analysis on GM

General Motors Stock Up 0.2%

General Motors stock opened at $86.31 on Monday. The business’s 50-day moving average price is $82.54 and its 200 day moving average price is $79.63. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The firm has a market cap of $75.73 billion, a price-to-earnings ratio of 43.59, a price-to-earnings-growth ratio of 0.39 and a beta of 1.30. General Motors has a 52 week low of $54.33 and a 52 week high of $91.85.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. During the same quarter in the previous year, the company earned $2.53 earnings per share. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, sell-side analysts anticipate that General Motors will post 13.29 earnings per share for the current year.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is currently 36.36%.

Insider Activity

In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the completion of the sale, the chief accounting officer directly owned 18,899 shares of the company’s stock, valued at $1,700,910. This trade represents a 26.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of General Motors stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total value of $28,781,330.24. Following the transaction, the chief executive officer owned 428,994 shares in the company, valued at approximately $38,772,477.72. This represents a 42.61% 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. Insiders have sold a total of 669,486 shares of company stock valued at $59,205,537 in the last 90 days. 0.44% of the stock is owned by insiders.

Institutional Investors Weigh In On General Motors

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in General Motors during the fourth quarter worth about $25,000. Evergreen Advisors LLC purchased a new stake in shares of General Motors in the 1st quarter valued at approximately $26,000. SouthState Bank Corp increased its holdings in shares of General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares during the last quarter. Kelleher Financial Advisors purchased a new stake in shares of General Motors during the 3rd quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of General Motors during the 4th quarter valued at approximately $30,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Key General Motors News

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

General Motors Company Profile

(Get 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.

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Analyst Recommendations for General Motors (NYSE:GM)

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