Hillsdale Investment Management Inc. Makes New $1.02 Million Investment in General Motors Company $GM

Hillsdale Investment Management Inc. purchased a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 13,730 shares of the auto manufacturer’s stock, valued at approximately $1,023,000.

A number of other large investors also recently made changes to their positions in the business. Tsfg LLC boosted its holdings in shares of General Motors by 5.7% during the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after purchasing an additional 120 shares during the last quarter. Bogart Wealth LLC increased its stake in General Motors by 15.6% in the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after purchasing an additional 122 shares during the last quarter. Sumitomo Life Insurance Co. increased its stake in General Motors by 0.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock valued at $1,584,000 after purchasing an additional 127 shares during the last quarter. PDS Planning Inc lifted its position in General Motors by 3.4% during the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after buying an additional 131 shares during the period. Finally, UMB Bank n.a. boosted its stake in General Motors by 2.0% in the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Stock Performance

General Motors stock opened at $77.62 on Friday. The company has a market cap of $69.99 billion, a price-to-earnings ratio of 31.30, a price-to-earnings-growth ratio of 0.39 and a beta of 1.31. General Motors Company has a 12 month low of $48.87 and a 12 month high of $87.62. 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 stock’s 50-day moving average is $78.88 and its 200-day moving average is $78.93.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter in the previous year, the business earned $2.78 EPS. The company’s revenue for the quarter was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities analysts anticipate that General Motors Company will post 12.86 earnings per share for the current year.

General Motors Dividend Announcement

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

Insider Transactions at General Motors

In related news, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the sale, the executive vice president directly owned 37,395 shares of the company’s stock, valued at approximately $3,177,453.15. This represents a 19.61% decrease in their position. The sale was disclosed in a document filed 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, CEO Mary T. Barra sold 99,239 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total value of $8,445,238.90. Following the completion of the sale, the chief executive officer owned 592,242 shares of the company’s stock, valued at approximately $50,399,794.20. This represents a 14.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 697,388 shares of company stock valued at $57,752,596 over the last 90 days. Corporate insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

GM has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and lifted their price target for the company from $83.00 to $90.00 in a report on Tuesday, April 14th. Wells Fargo & Company raised their target price on shares of General Motors from $59.00 to $60.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. Mizuho lowered their target price 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. UBS Group reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Finally, Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One equities 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $97.27.

Trending Headlines about General Motors

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

• Positive Sentiment: Several market commentary pieces highlight GM’s strong earnings history and suggest the company could beat estimates again in its next quarterly report, which could support the stock if results and guidance come in ahead of expectations. Article Title
• Positive Sentiment: GM has also been featured as a top-ranked growth stock in screening tools, reinforcing the view that investors are still finding value in the name ahead of earnings. Article Title
• Positive Sentiment: GM Middle East sales were boosted by full-size SUVs and pickups, suggesting demand remains solid in profitable vehicle segments. Article Title
• Neutral Sentiment: Multiple previews of GM’s upcoming Q2 earnings focus on key metrics and Wall Street expectations, which mainly keeps attention on the report rather than changing the underlying story. Article Title
• Neutral Sentiment: GM-related nostalgia and legacy pieces, including the demolition of a historic Pontiac building and other heritage coverage, are more symbolic than financially material for the stock. Article Title
• Negative Sentiment: A Reuters-style report on GM missing the hybrid shift and losing share to Toyota is the most important bearish takeaway, since it raises concerns that GM is underinvested in a fast-growing segment and could face pressure on U.S. market share and future margins. Article Title

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.