General Motors (NYSE:GM) Issues Quarterly Earnings Results

General Motors (NYSE:GM) (TSE:GMM.U) released its quarterly earnings results on Tuesday. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.38, Briefing.com reports. The firm had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.53 earnings per share. General Motors updated its FY 2026 guidance to 12.000-14.000 EPS.

General Motors Stock Performance

NYSE GM opened at $75.91 on Tuesday. The company has a market cap of $68.45 billion, a P/E ratio of 30.61, a PEG ratio of 0.38 and a beta of 1.31. The company has a fifty day simple moving average of $78.84 and a 200 day simple moving average of $78.84. 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 has a 12-month low of $48.87 and a 12-month high of $87.62.

General Motors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, June 5th. General Motors’s dividend payout ratio (DPR) is currently 29.03%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Citigroup increased their price objective on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a report on Monday, June 1st. Piper Sandler reissued an “overweight” rating and issued a $102.00 price target on shares of General Motors in a research note on Wednesday, April 29th. Mizuho lowered their price objective on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Evercore reissued an “outperform” rating and set a $100.00 target price on shares of General Motors in a research report on Monday, May 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $97.27.

Insiders Place Their Bets

In related news, CAO Christopher Hatto sold 6,895 shares of the company’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 sale, the chief accounting officer owned 25,794 shares in the company, valued at $2,192,490. This represents a 21.09% decrease in their position. The transaction was disclosed in a legal 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 firm’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 approximately $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. Over the last 90 days, insiders have sold 697,388 shares of company stock worth $57,752,596. Insiders own 0.54% of the company’s stock.

Institutional Trading of General Motors

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its position in shares of General Motors by 5.5% during the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock valued at $868,986,000 after buying an additional 748,831 shares during the last quarter. Morgan Stanley lifted its position in shares of General Motors by 3.9% during the 4th 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. Viking Global Investors LP grew its stake in General Motors by 81.1% in the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after purchasing an additional 5,830,050 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in General Motors by 21.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,245,861 shares of the auto manufacturer’s stock valued at $670,553,000 after buying an additional 1,430,683 shares during the period. Finally, Amundi boosted its stake in General Motors by 3.0% in the fourth quarter. Amundi now owns 6,165,163 shares of the auto manufacturer’s stock valued at $501,351,000 after acquiring an additional 176,954 shares during the last quarter. 92.67% of the stock is owned by institutional investors.

General Motors News Summary

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

• Positive Sentiment: GM reported second-quarter 2026 revenue of $48.0 billion, adjusted EBIT of $3.9 billion, and net income of $1.3 billion, while raising full-year 2026 EBIT-adjusted guidance for the second time this year and declaring a quarterly dividend. Article: GM releases 2026 second-quarter results, raises full-year 2026 guidance and declares quarterly dividend
• Positive Sentiment: Reuters said GM’s core profit rose 30% in the quarter, driven by strength in profitable truck and SUV sales, which is helping offset broader industry concerns. Article: GM quarterly core profit rises 30% on truck, SUV strength
• Positive Sentiment: GM stock has been under pressure year to date, so the earnings beat and higher outlook are improving sentiment and helping the shares recover from recent weakness. Article: GM Stock Jumps on Earnings. How Share Buybacks Are Working Their Magic.
• Neutral Sentiment: GM Financial posted second-quarter net income of $432 million, down from $510 million a year earlier, but retail loan originations increased to $10.0 billion, suggesting mixed but stable support from the financing arm. Article: GM Financial Reports Second Quarter 2026 Operating Results
• Negative Sentiment: Trade headlines about new U.S. tariffs on Canadian imports could raise costs and create supply-chain pressure for automakers like GM if the measures affect cross-border vehicle production and parts sourcing. Article: Trump’s Canada tariffs: 4 stocks facing the biggest cross-border shock
• Negative Sentiment: Earlier previews noted the stock had pulled back from its highs and was forming a bearish technical pattern ahead of earnings, which may keep some traders cautious despite the strong results. Article: General Motors stock forms risky patterns as earnings report loom

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.