Illinois Municipal Retirement Fund Decreases Position in General Motors Company $GM

Illinois Municipal Retirement Fund cut its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 20.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,360 shares of the auto manufacturer’s stock after selling 13,118 shares during the period. Illinois Municipal Retirement Fund’s holdings in General Motors were worth $3,901,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new stake in shares of General Motors in the 4th quarter valued at about $25,000. Elevation Wealth Partners LLC increased its stake in 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 purchasing an additional 275 shares during the period. SouthState Bank Corp increased its stake in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares during the period. Kelleher Financial Advisors bought a new stake in General Motors in the third quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of General Motors during the fourth quarter valued at approximately $30,000. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other General Motors news, CEO Mary T. Barra sold 215,391 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total transaction of $17,233,433.91. Following the transaction, the chief executive officer owned 770,491 shares in the company, valued at approximately $61,646,984.91. This represents a 21.85% decrease in their position. The transaction was disclosed in a legal filing 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, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the transaction, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at $2,192,490. This represents a 21.09% 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. In the last quarter, insiders have sold 697,388 shares of company stock worth $57,752,596. Company insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GM. Royal Bank Of Canada cut their target price on shares of General Motors from $95.00 to $94.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Wedbush restated an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a research report on Monday, May 11th. UBS Group reiterated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Finally, Wells Fargo & Company raised their target price on General Motors from $59.00 to $60.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. 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 given a Sell rating to the company. According to MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and a consensus target price of $97.27.

General Motors Stock Performance

NYSE:GM opened at $76.08 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. The firm’s fifty day simple moving average is $78.83 and its 200 day simple moving average is $78.91. The stock has a market cap of $68.60 billion, a P/E ratio of 30.68, a price-to-earnings-growth 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.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate 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%. The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the company posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, research analysts predict that General Motors Company will post 12.88 EPS for the current year.

General Motors Dividend Announcement

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 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 was Friday, June 5th. General Motors’s payout ratio is presently 29.03%.

General Motors News Roundup

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

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for GM, signaling improving profit expectations ahead of earnings.
• Positive Sentiment: Multiple earnings-preview articles say GM has a strong chance to beat estimates again, helped by its recent track record of earnings surprises and favorable setup for the quarter.
• Positive Sentiment: GM may benefit from China restructuring efforts and growing digital revenue, which could help support margins and earnings growth.
• Neutral Sentiment: Market commentary and options-market coverage suggest traders are positioning for a potential move in GM, but no clear direction was confirmed.
• Negative Sentiment: Investor concern remains around GM’s China exposure, which continues to be described as a key problem for the stock.
• Negative Sentiment: Broader EV-sector headlines show a tough environment for automakers, with valuation pressure and industry uncertainty still hanging over the space.

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.