Strs Ohio Reduces Holdings in General Motors Company $GM

Strs Ohio lowered its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 12.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 824,912 shares of the auto manufacturer’s stock after selling 122,487 shares during the period. Strs Ohio’s holdings in General Motors were worth $61,456,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new position in shares of General Motors during the 4th quarter worth approximately $25,000. Elevation Wealth Partners LLC lifted 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 valued at $27,000 after buying an additional 275 shares in the last quarter. SouthState Bank Corp lifted 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 valued at $29,000 after buying an additional 177 shares in the last quarter. Kelleher Financial Advisors acquired a new stake in General Motors during the 3rd quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in General Motors during the 4th quarter valued at $30,000. 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 said it was Canada’s best-selling automaker through the first half of 2026, with 15.4% market share and 148,640 deliveries across Chevrolet, Buick, GMC and Cadillac, highlighting solid North American demand. GM is the Sales Leader in Canada Through First Half of 2026
• Positive Sentiment: GM signed a long-term chip supply agreement with Micron, which should support vehicle production and improve supply-chain visibility over time. General Motors signs chip supply agreement with Micron
• Neutral Sentiment: Analysts and media commentary compared GM favorably with Ford, pointing to GM’s battery scale and share buybacks as reasons some investors view it as the stronger Detroit automaker. GM Vs. Ford: GM’s Unified Battery Scale and Aggressive Share Buybacks Make It The Better Buy
• Neutral Sentiment: GM was also highlighted for possible future software and safety-tech advances, including AI-enabled accident report automation, but the article did not indicate a near-term financial impact. GM Cars Could One Day Fill Out Accident Reports on the Spot Without Us Moving a Single Finger
• Negative Sentiment: GM reported second-quarter U.S. sales down 4.2%, with EV sales off about 33% to 40% year over year, reinforcing concerns that weaker EV demand and inventory constraints are pressuring growth. GM’s second-quarter US auto sales fall 4%
• Negative Sentiment: Several reports focused on the same sales decline and noted that lower Silverado and EV demand helped explain the stock’s recent weakness, suggesting investors are reacting to softer near-term fundamentals. GM reports 4.2% decline in Q2 U.S. sales as EV demand falls

Insiders Place Their Bets

In other news, CEO Mary T. Barra sold 215,391 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 770,491 shares in the company, valued at $61,646,984.91. This represents a 21.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 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 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 sale, the executive vice president owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. The trade was a 63.08% 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 have sold a total of 697,388 shares of company stock valued at $57,752,596 over the last quarter. Company insiders own 0.54% of the company’s stock.

General Motors Stock Up 0.7%

GM opened at $76.06 on Friday. 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 has a market capitalization of $68.58 billion, a price-to-earnings ratio of 30.67, a price-to-earnings-growth ratio of 0.38 and a beta of 1.31. The business has a 50-day moving average of $79.08 and a two-hundred day moving average of $79.30. General Motors Company has a 12 month low of $48.87 and a 12 month high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping the consensus estimate 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 period in the prior year, the firm posted $2.78 EPS. The company’s revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, research analysts expect that General Motors Company will post 12.85 earnings per share for the current year.

General Motors Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is currently 29.03%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GM. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and upped their price objective for the company from $83.00 to $90.00 in a research report on Tuesday, April 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. UBS Group reissued a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Piper Sandler reaffirmed an “overweight” rating and set a $102.00 price target on shares of General Motors in a research note on Wednesday, April 29th. Finally, Barclays decreased their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, General Motors has an average rating of “Moderate Buy” and a consensus price target of $95.70.

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.