Fisher Asset Management LLC Sells 8,477 Shares of General Motors Company $GM

Fisher Asset Management LLC lessened its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 112,938 shares of the auto manufacturer’s stock after selling 8,477 shares during the quarter. Fisher Asset Management LLC’s holdings in General Motors were worth $9,184,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in shares of General Motors during the 4th quarter valued at about $25,000. Elevation Wealth Partners LLC boosted its position in shares of General Motors by 500.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 275 shares during the last quarter. Founders Capital Management bought a new stake in shares of General Motors during the 4th quarter valued at about $31,000. Ares Financial Consulting LLC bought a new stake in shares of General Motors during the 4th quarter valued at about $35,000. Finally, Fourth Dimension Wealth LLC boosted its position in shares of General Motors by 47.3% during the 4th quarter. Fourth Dimension Wealth LLC now owns 442 shares of the auto manufacturer’s stock valued at $36,000 after acquiring an additional 142 shares during the last quarter. Institutional investors own 92.67% of the company’s stock.

General Motors Price Performance

Shares of General Motors stock opened at $84.00 on Thursday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. The business’s 50 day simple moving average is $76.53 and its two-hundred day simple moving average is $77.93. The stock has a market capitalization of $75.74 billion, a P/E ratio of 33.87, a price-to-earnings-growth ratio of 0.40 and a beta of 1.29. General Motors Company has a one year low of $46.81 and a one year high of $87.62.

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

General Motors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be paid 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 is Friday, June 5th. General Motors’s payout ratio is 29.03%.

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on GM. Bank of America began coverage on General Motors in a research report on Wednesday, March 4th. They set a “buy” rating and a $105.00 price target for the company. Piper Sandler reiterated an “overweight” rating and set a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. Jefferies Financial Group lifted their price target on General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Barclays dropped their price target on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. Finally, Citigroup boosted their target price on General Motors from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $94.65.

Insider Buying and Selling

In other General Motors news, EVP Rory Harvey sold 79,494 shares of General Motors stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total value of $6,599,591.88. Following the transaction, the executive vice president directly owned 46,519 shares of the company’s stock, valued at $3,862,007.38. The trade was a 63.08% decrease in their position. The sale was disclosed in a document filed 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. 0.54% of the stock is owned by company insiders.

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.