General Motors Company (NYSE:GM) Given Consensus Rating of “Moderate Buy” by Brokerages

General Motors Company (NYSE:GM) (TSE:GMM.U) has been given a consensus rating of “Moderate Buy” by the twenty-three ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $97.3182.

GM has been the topic of a number of recent research reports. Evercore reiterated an “outperform” rating and issued a $100.00 target price on shares of General Motors in a research report on Monday, May 4th. Wells Fargo & Company raised their target price on General Motors from $59.00 to $60.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Barclays cut their price target on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Piper Sandler reiterated an “overweight” rating and set a $102.00 price objective on shares of General Motors in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of General Motors from a “hold” rating to a “buy” rating and increased their target price for the company from $83.00 to $90.00 in a research report on Tuesday, April 14th.

Insiders Place Their Bets

In other news, CAO Christopher Hatto sold 6,895 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer owned 25,794 shares of the company’s stock, valued at $2,192,490. This represents a 21.09% decrease in their position. 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, EVP Rory Harvey sold 79,494 shares of the company’s stock in a transaction dated 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 in the company, valued at $3,862,007.38. The trade was a 63.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 697,388 shares of company stock valued at $57,752,596 over the last ninety days. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Wedge Capital Management L L P NC lifted its stake in General Motors by 4.7% during the 2nd quarter. Wedge Capital Management L L P NC now owns 438,424 shares of the auto manufacturer’s stock worth $33,794,000 after acquiring an additional 19,575 shares in the last quarter. Hudson Value Partners LLC acquired a new stake in shares of General Motors during the second quarter worth about $442,000. Tema ETFs LLC lifted its position in shares of General Motors by 10.0% during the second quarter. Tema ETFs LLC now owns 15,887 shares of the auto manufacturer’s stock worth $1,225,000 after purchasing an additional 1,450 shares in the last quarter. Dagco Inc. purchased a new position in shares of General Motors in the second quarter valued at approximately $224,000. Finally, World Equity Group Inc. acquired a new position in shares of General Motors in the second quarter valued at approximately $410,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

More General Motors News

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

• Positive Sentiment: GM and Ford signed long-term memory supply agreements with Micron, which should improve access to memory and storage components for next-generation vehicles and support future production plans. Ford, GM sign memory supply agreements with Micron
• Positive Sentiment: JPMorgan issued a positive forecast for GM’s stock, reinforcing the view that analysts see upside despite near-term auto market concerns. JPMorgan Chase & Co. Issues Positive Forecast for General Motors (NYSE:GM) Stock Price
• Positive Sentiment: Coverage highlighting why investors should remain bullish on GM points to its strategic pivot into energy as a longer-term growth driver, helping offset softer U.S. sales trends. Why Investors Should Be Bullish on General Motors Even as U.S. Sales Slip
• Neutral Sentiment: GM’s Ultium Cells unit began producing LFP batteries for energy storage systems at its Spring Hill plant, underscoring diversification beyond EV batteries, though the near-term stock impact is less direct. Ultium Cells launches production of LFP batteries for Energy Storage Systems
• Negative Sentiment: Reports of a GM Arlington plant employee shooting incident are likely a reputational and operational negative, but the market reaction should be limited unless more details emerge. GM Arlington Plant Employee Shot In Parking Lot By Fellow GM Employee

General Motors Stock Up 1.7%

NYSE GM traded up $1.28 during trading on Friday, hitting $77.93. The company’s stock had a trading volume of 4,782,404 shares, compared to its average volume of 7,755,613. The business’s 50 day simple moving average is $78.91 and its 200-day simple moving average is $79.12. The company has a market cap of $70.27 billion, a PE ratio of 31.43, a P/E/G ratio of 0.39 and a beta of 1.31. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. General Motors has a fifty-two week low of $48.87 and a fifty-two week high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly 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. 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 analyst estimates of $43.51 billion. During the same quarter in the prior year, the business posted $2.78 EPS. General Motors’s revenue for the quarter was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities analysts anticipate that General Motors will post 12.85 EPS for the current fiscal year.

General Motors Dividend Announcement

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

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.