Illinois Municipal Retirement Fund Sells 13,118 Shares of General Motors Company $GM

Illinois Municipal Retirement Fund lessened its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 20.0% during the first quarter, Holdings Channel.com reports. The firm owned 52,360 shares of the auto manufacturer’s stock after selling 13,118 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in General Motors were worth $3,901,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In related news, CAO Christopher Hatto sold 6,895 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total transaction of $586,075.00. Following the completion of the sale, the chief accounting officer owned 25,794 shares in the company, valued at approximately $2,192,490. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total value of $8,445,238.90. Following the completion of the transaction, the chief executive officer directly owned 592,242 shares in the company, valued at $50,399,794.20. The trade was 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. Over the last quarter, insiders have sold 697,388 shares of company stock worth $57,752,596. 0.54% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

GM has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised 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 research note on Tuesday, April 14th. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target on the stock in a research note on Wednesday, March 25th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. UBS Group restated a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Finally, Mizuho decreased 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. 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.27.

General Motors Stock Down 2.1%

GM stock opened at $76.08 on Friday. The stock has a market capitalization of $68.60 billion, a P/E ratio of 30.68, a P/E/G ratio of 0.38 and a beta of 1.31. 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 Company has a 1-year low of $48.87 and a 1-year high of $87.62. The business has a fifty day moving average price of $78.83 and a 200-day moving average price of $78.91.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating the consensus estimate of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. During the same period last year, the firm posted $2.78 earnings per share. General Motors’s revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities analysts forecast that General Motors Company will post 12.88 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were given a dividend of $0.18 per share. The ex-dividend date 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 is 29.03%.

General Motors News Summary

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

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for GM, signaling improving profit expectations ahead of earnings.
• Positive Sentiment: Multiple earnings-preview articles say GM has a strong chance to beat estimates again, helped by its recent track record of earnings surprises and favorable setup for the quarter.
• Positive Sentiment: GM may benefit from China restructuring efforts and growing digital revenue, which could help support margins and earnings growth.
• Neutral Sentiment: Market commentary and options-market coverage suggest traders are positioning for a potential move in GM, but no clear direction was confirmed.
• Negative Sentiment: Investor concern remains around GM’s China exposure, which continues to be described as a key problem for the stock.
• Negative Sentiment: Broader EV-sector headlines show a tough environment for automakers, with valuation pressure and industry uncertainty still hanging over the space.

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.