General Motors (NYSE:GM) EVP Rory Harvey Sells 5,652 Shares

General Motors Company (NYSE:GM) (TSE:GMM.U) EVP Rory Harvey sold 5,652 shares of General Motors stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $79.57, for a total value of $449,729.64. Following the transaction, the executive vice president owned 126,013 shares of the company’s stock, valued at $10,026,854.41. The trade was a 4.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 shares were sold at an average price of $83.02, for a total value of $6,599,591.88.

General Motors Stock Performance

NYSE GM opened at $84.00 on Thursday. The stock has a 50-day simple moving average of $76.53 and a two-hundred day simple moving average of $77.93. The firm has a market capitalization of $75.74 billion, a P/E ratio of 33.87, a PEG ratio of 0.40 and a beta of 1.29. General Motors Company has a fifty-two week low of $46.81 and a fifty-two 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 (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data 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 business had revenue of $43.62 billion during the quarter, compared to analyst estimates of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the business posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities analysts forecast 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. Stockholders of record on Friday, June 5th will be given a $0.18 dividend. The ex-dividend date is Friday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. General Motors’s dividend payout ratio (DPR) is 29.03%.

Hedge Funds Weigh In On General Motors

A number of hedge funds have recently modified their holdings of GM. Brighton Jones LLC grew its holdings in shares of General Motors by 456.1% during the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after purchasing an additional 31,755 shares during the period. Sivia Capital Partners LLC grew its holdings in shares of General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after purchasing an additional 7,058 shares during the period. Baird Financial Group Inc. grew its holdings in shares of General Motors by 4.8% during the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock worth $1,847,000 after purchasing an additional 1,706 shares during the period. Jump Financial LLC grew its holdings in shares of General Motors by 45.7% during the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock worth $1,248,000 after purchasing an additional 7,951 shares during the period. Finally, AXA S.A. grew its holdings in shares of General Motors by 69.4% during the 2nd quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock worth $3,275,000 after purchasing an additional 27,270 shares during the period. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting General Motors

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

• Positive Sentiment: GM approved Pinnacle Intelligence as an authorized vendor for Business Development Center services, signaling continued investment in AI-enabled retail operations and customer support. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
• Positive Sentiment: Reports that GM, Ford, and Stellantis received preliminary FDIC approval for industrial bank charters may be encouraging because it could eventually give GM more flexibility in financing and captive-lending operations. Ford, GM, Stellantis Join Crypto Firms In Trump-Era Bank Charter Push After Winning Preliminary FDIC Approval: Report
• Positive Sentiment: GM landed a NASA-related subcontract to help power a lunar terrain vehicle, highlighting the company’s battery technology and advanced engineering capabilities. GM clinches NASA contract to build battery for moon-bound vehicle
• Neutral Sentiment: GM recognized Gentherm as a 2025 Supplier of the Year, which is a positive sign for supplier relationships but is unlikely to move GM shares on its own. Gentherm Named a 2025 Supplier of the Year by General Motors
• Negative Sentiment: EVP Rory Harvey sold a large block of GM shares in a pre-arranged 10b5-1 transaction, which can weigh on investor sentiment even though the sales were planned. Insider trade details for Rory Harvey

Analysts Set New Price Targets

Several analysts have recently issued reports on GM shares. Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Benchmark lifted their target price on shares of General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Piper Sandler reissued an “overweight” rating and issued a $102.00 price target on shares of General Motors in a research note on Wednesday, April 29th. Barclays decreased their price target on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Monday, March 30th. Finally, Mizuho decreased their price target on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.65.

General Motors Company 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.