Sumitomo Mitsui Trust Group Inc. Lowers Stock Holdings in General Motors Company $GM

Sumitomo Mitsui Trust Group Inc. reduced its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 6.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,165,070 shares of the auto manufacturer’s stock after selling 149,209 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in General Motors were worth $161,298,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in General Motors during the fourth quarter worth $918,724,000. Viking Global Investors LP grew its stake in General Motors by 81.1% in the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after acquiring an additional 5,830,050 shares during the last quarter. Life Cycle Investment Partners Ltd purchased a new position in shares of General Motors during the 4th quarter worth approximately $309,380,000. Two Sigma Investments LP raised its position in shares of General Motors by 348.4% during the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after purchasing an additional 2,757,695 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC lifted its stake in General Motors by 436.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock valued at $130,826,000 after buying an additional 2,163,274 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

Insider Activity at General Motors

In other General Motors news, EVP Rory Harvey sold 79,494 shares of the firm’s 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 transaction, the executive vice president directly owned 46,519 shares of the company’s stock, valued at $3,862,007.38. This trade represents a 63.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 770,491 shares in the company, valued at $61,646,984.91. The trade was a 21.85% 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 90 days, insiders sold 697,388 shares of company stock valued at $57,752,596. Insiders own 0.54% of the company’s stock.

General Motors Stock Performance

NYSE:GM opened at $76.59 on Friday. The firm’s fifty day simple moving average is $78.89 and its 200 day simple moving average is $79.13. The firm has a market capitalization of $69.06 billion, a price-to-earnings ratio of 30.88, a PEG ratio of 0.38 and a beta of 1.31. General Motors Company has a twelve month low of $48.87 and a twelve month high of $87.62. 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 (NYSE:GM) (TSE:GMM.U) last posted 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. 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 for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities research analysts expect that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on GM. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. JPMorgan Chase & Co. boosted their target price on shares of General Motors from $98.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday. Barclays reduced their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $95.00 price target on shares of General Motors in a research note on Friday, June 12th. One research 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 issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $96.13.

General Motors 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.