Banco Bilbao Vizcaya Argentaria S.A. Sells 87,527 Shares of General Motors Company $GM

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 20.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 332,676 shares of the auto manufacturer’s stock after selling 87,527 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in General Motors were worth $27,120,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of GM. Armistice Capital LLC bought a new position in shares of General Motors in the fourth quarter worth $226,000. Align Financial LLC bought a new stake in shares of General Motors during the 4th quarter valued at $145,000. Freestone Grove Partners LP raised its stake in shares of General Motors by 15.3% during the 4th quarter. Freestone Grove Partners LP now owns 1,144,149 shares of the auto manufacturer’s stock valued at $93,042,000 after purchasing an additional 152,048 shares during the period. Caisse de depot et placement du Quebec lifted its holdings in General Motors by 242.7% during the 4th quarter. Caisse de depot et placement du Quebec now owns 2,446,982 shares of the auto manufacturer’s stock worth $198,989,000 after purchasing an additional 1,732,852 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its stake in General Motors by 3.4% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 436,350 shares of the auto manufacturer’s stock worth $35,484,000 after purchasing an additional 14,432 shares during the period. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on GM. Evercore reiterated an “outperform” rating and set a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. UBS Group reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Wolfe Research raised shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 target price on the stock in a report on Wednesday, March 25th. Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Mizuho cut their price target on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $95.65.

General Motors News Summary

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

• Positive Sentiment: GM and Lockheed Martin said they are collaborating on defense projects to strengthen the U.S. manufacturing and defense industrial base, with reports indicating GM could help make weapons components. GM, Lockheed to collaborate on defense projects
• Positive Sentiment: The U.S. Air Force awarded production contracts to General Atomics and Anduril for semi-autonomous drone wingmen, underscoring rising defense spending that could support GM’s expanded defense ambitions. US Air Force awards production contracts to General Atomics, Anduril for drone wingmen
• Neutral Sentiment: GM also unveiled a new 2027 Chevrolet Silverado, which may help sentiment by highlighting product refresh momentum, though the impact on near-term earnings is unclear. GM reveals new Silverado pickup as Ford F-150 sales falter
• Negative Sentiment: Recent coverage noted GM had fallen more than the broader market, suggesting investors were taking profits after the stock’s sharp rally and viewing the move as extended in the short term. Here’s Why General Motors (GM) Fell More Than Broader Market

General Motors Stock Down 3.7%

Shares of NYSE GM opened at $79.50 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The business has a 50-day moving average of $78.98 and a 200-day moving average of $79.17. The firm has a market capitalization of $71.68 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 0.42 and a beta of 1.30. General Motors Company has a 12 month low of $47.63 and a 12 month high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its earnings results 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. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. During the same period last year, the firm posted $2.78 earnings per share. General Motors’s quarterly revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts expect that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s payout ratio is currently 29.03%.

Insider Buying and Selling

In other General Motors news, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $85.00, for a total transaction of $586,075.00. Following the completion of the sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at $2,192,490. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 dated 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 transaction, the chief executive officer owned 770,491 shares of the company’s stock, valued at $61,646,984.91. The trade was a 21.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 598,149 shares of company stock worth $49,307,358. Corporate insiders own 0.54% of the company’s stock.

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.