Fieldview Capital Management LLC Lowers Stake in General Motors Company $GM

Fieldview Capital Management LLC lowered its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 77.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,485 shares of the auto manufacturer’s stock after selling 21,752 shares during the period. Fieldview Capital Management LLC’s holdings in General Motors were worth $527,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Franklin Resources Inc. lifted its holdings in General Motors by 2.7% during the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock valued at $2,615,121,000 after purchasing an additional 835,645 shares in the last quarter. Geode Capital Management LLC lifted its holdings in General Motors by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after purchasing an additional 267,477 shares in the last quarter. Capital World Investors lifted its holdings in General Motors by 7.8% during the fourth quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after purchasing an additional 1,405,530 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of General Motors by 5.5% in the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock worth $868,986,000 after buying an additional 748,831 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in shares of General Motors by 3.9% in the fourth quarter. Morgan Stanley now owns 13,191,028 shares of the auto manufacturer’s stock worth $1,072,695,000 after buying an additional 494,404 shares in the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Trading Up 3.0%

GM stock opened at $83.96 on Tuesday. The company has a market capitalization of $75.70 billion, a PE ratio of 33.85, a P/E/G ratio of 0.41 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. The firm’s 50-day moving average is $78.66 and its 200 day moving average is $79.05. 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 (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm’s revenue was down .9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, research analysts anticipate that General Motors Company will post 12.85 EPS for the current year.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio (DPR) is currently 29.03%.

Insider Buying and Selling

In related news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were 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 trade represents a 21.09% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 215,391 shares of the firm’s stock in a transaction dated 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 transaction, 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 598,149 shares of company stock valued at $49,307,358 in the last 90 days. Company insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

GM has been the topic of several research analyst reports. TD Cowen boosted their target price on shares of General Motors from $122.00 to $126.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Evercore reissued an “outperform” rating and issued a $100.00 target price on shares of General Motors in a report on Monday, May 4th. Wall Street Zen raised shares of General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Barclays lowered their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Finally, Mizuho decreased their price target on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $95.65.

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.