160,195 Shares in General Motors Company $GM Bought by Evolve Private Wealth LLC

Evolve Private Wealth LLC acquired a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 160,195 shares of the auto manufacturer’s stock, valued at approximately $13,027,000. General Motors accounts for 0.8% of Evolve Private Wealth LLC’s holdings, making the stock its 20th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the business. First Manhattan CO. LLC. raised its stake in General Motors by 0.4% during the 4th quarter. First Manhattan CO. LLC. now owns 32,683 shares of the auto manufacturer’s stock worth $2,658,000 after buying an additional 140 shares during the period. Caption Management LLC raised its stake in General Motors by 109.8% during the 4th quarter. Caption Management LLC now owns 72,600 shares of the auto manufacturer’s stock worth $5,904,000 after buying an additional 38,000 shares during the period. Armistice Capital LLC acquired a new stake in General Motors during the 4th quarter worth $226,000. Align Financial LLC acquired a new stake in General Motors during the 4th quarter worth $145,000. Finally, Freestone Grove Partners LP raised its stake in 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 worth $93,042,000 after buying an additional 152,048 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Mizuho lowered their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and increased their target price for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. Citigroup increased their target price on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $95.00 target price on shares of General Motors in a report on Friday, June 12th. One investment 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $95.65.

Key General Motors News

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 Price Performance

GM stock opened at $79.50 on Thursday. The stock has a 50-day moving average price of $78.98 and a two-hundred day moving average price of $79.17. The stock has a market cap of $71.68 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 0.42 and a beta of 1.30. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. General Motors Company has a 1 year low of $47.63 and a 1 year 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, beating the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion during 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%.General Motors’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the company earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities analysts forecast that General Motors Company will post 12.85 EPS 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 $0.18 dividend. The ex-dividend date is Friday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. General Motors’s dividend payout ratio (DPR) is presently 29.03%.

Insider Activity

In other news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the transaction, the chief accounting officer owned 25,794 shares in the company, valued at $2,192,490. This trade represents a 21.09% decrease in their position. The sale was disclosed in a legal filing 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. Also, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the transaction, the executive vice president 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 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 598,149 shares of company stock worth $49,307,358 in the last quarter. Corporate insiders own 0.54% of the company’s stock.

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.