General Motors Company $GM Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. cut its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 2.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 291,898 shares of the auto manufacturer’s stock after selling 7,346 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in General Motors were worth $21,655,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of GM. Cibc World Market Inc. increased its holdings in shares of General Motors by 57.2% during the fourth quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock valued at $16,318,000 after purchasing an additional 72,984 shares during the period. M&T Bank Corp grew its stake in shares of General Motors by 82.0% in the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock worth $5,860,000 after purchasing an additional 32,474 shares during the last quarter. Legacy Capital Group California Inc. increased its holdings in shares of General Motors by 206.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock valued at $1,708,000 after buying an additional 14,150 shares in the last quarter. Perbak Capital Partners LLP raised its position in shares of General Motors by 94.1% during the third quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer’s stock worth $2,871,000 after purchasing an additional 22,829 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in General Motors by 16.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after buying an additional 28,163 shares during the period. Institutional investors own 92.67% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Mary T. Barra sold 215,391 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the completion of the sale, the executive vice president directly owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. This trade represents a 63.08% decrease in their ownership of the stock. 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. Insiders sold a total of 697,388 shares of company stock valued at $57,752,596 in the last quarter. Insiders own 0.54% of the company’s stock.

General Motors Price Performance

Shares of GM opened at $76.59 on Friday. The firm has a market cap of $69.06 billion, a PE ratio of 30.88, a PEG ratio of 0.38 and a beta of 1.31. The firm’s 50 day moving average price is $78.89 and its 200 day moving average price is $79.13. 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 Company has a twelve month low of $48.87 and a twelve month high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. General Motors’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the company posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, research analysts expect that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, June 5th. General Motors’s payout ratio is presently 29.03%.

Key General Motors News

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

• Positive Sentiment: JPMorgan raised its price target on GM to $110 from $98 and kept an overweight rating, signaling confidence that the stock has room to run from current levels. Benzinga
• Positive Sentiment: JPMorgan also said GM has underperformed in 2026 and could be due for a comeback, which may be helping investor sentiment. CNBC
• Positive Sentiment: GM reported its third consecutive profitable quarter in China, suggesting its international operations remain resilient. China Daily
• Positive Sentiment: GM and Ford signed memory supply agreements with Micron to secure next-generation vehicle components, a move that could improve supply-chain stability for future vehicle programs. Supply Chain Dive
• Positive Sentiment: Ultium Cells began producing LFP batteries for energy storage systems at its Spring Hill plant, reinforcing GM’s push into energy and battery-related growth avenues. Just Auto
• Neutral Sentiment: Articles highlighting GM’s history, Corvette design stories, and new Corvette orders are more brand-focused than financially material, so they are unlikely to move the stock much. AutoEvolution
• Neutral Sentiment: Coverage suggesting investors can still be bullish on GM despite slipping U.S. sales reinforces the “value/cash flow” bull case, but it is largely commentary rather than new hard data. The Motley Fool
• Negative Sentiment: GM continues to face headlines around U.S. sales softness and a Cadillac Vistiq recall, which could weigh on sentiment even if the issues are not yet large enough to outweigh the bullish analyst and strategy news. AutoGuide

Analyst Ratings Changes

GM has been the subject of several research analyst reports. Piper Sandler restated an “overweight” rating and issued a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $95.00 target price on shares of General Motors in a research note on Friday, June 12th. Evercore restated an “outperform” rating and issued a $100.00 target price on shares of General Motors in a report on Monday, May 4th. TD Cowen raised their target price on General Motors from $122.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, UBS Group reiterated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $96.13.

About General Motors

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.