Integrity Alliance LLC. Purchases New Holdings in General Motors Company $GM

Integrity Alliance LLC. purchased a new stake in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,521 shares of the auto manufacturer’s stock, valued at approximately $530,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Arvest Bank Trust Division acquired a new position in General Motors in the 4th quarter valued at about $345,000. Cary Street Partners Investment Advisory LLC increased its position in General Motors by 23.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,996 shares of the auto manufacturer’s stock valued at $162,000 after acquiring an additional 379 shares during the period. Bleakley Financial Group LLC increased its position in General Motors by 17.4% in the 4th quarter. Bleakley Financial Group LLC now owns 21,975 shares of the auto manufacturer’s stock valued at $1,787,000 after acquiring an additional 3,263 shares during the period. Atlatl Advisers LLC acquired a new position in General Motors in the 4th quarter valued at about $3,038,000. Finally, Cary Street Partners Financial LLC increased its position in General Motors by 42.8% in the 4th quarter. Cary Street Partners Financial LLC now owns 3,669 shares of the auto manufacturer’s stock valued at $298,000 after acquiring an additional 1,099 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

Key Stories Impacting General Motors

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on GM shares. TD Cowen boosted their price target on General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. Bank of America initiated coverage on General Motors in a research report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price target on the stock. UBS Group boosted their target price on General Motors from $102.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Finally, Royal Bank Of Canada dropped their target price on General Motors from $96.00 to $95.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. One investment 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 company. According to MarketBeat, General Motors currently has a consensus rating of “Moderate Buy” and an average price target of $94.65.

Check Out Our Latest Report on General Motors

General Motors Stock Performance

NYSE GM opened at $83.39 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The business’s 50 day moving average is $76.93 and its two-hundred day moving average is $78.07. General Motors Company has a 12-month low of $46.81 and a 12-month high of $87.62. The stock has a market capitalization of $75.19 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 0.42 and a beta of 1.29.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last released its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping 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 quarter in the previous year, the firm posted $2.78 EPS. The firm’s quarterly revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Research analysts expect that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

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

Insider Activity at General Motors

In other news, EVP Rory Harvey sold 79,494 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 134,954 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $85.03, for a total value of $11,475,138.62. Following the sale, the chief executive officer directly owned 592,242 shares in the company, valued at $50,358,337.26. This trade represents a 18.56% 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 a total of 538,548 shares of company stock worth $44,241,546 in the last three months. Corporate insiders own 0.54% of the company’s stock.

About General Motors

(Free Report)

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.

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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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