Rory Harvey Sells 5,652 Shares of General Motors (NYSE:GM) Stock

General Motors Company (NYSE:GM) (TSE:GMM.U) EVP Rory Harvey sold 5,652 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $79.57, for a total transaction of $449,729.64. Following the sale, the executive vice president directly owned 126,013 shares in the company, valued at $10,026,854.41. This trade represents a 4.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Rory Harvey also recently made the following trade(s):

• On Wednesday, May 27th, Rory Harvey sold 79,494 shares of General Motors stock. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88.

General Motors Stock Performance

Shares of NYSE GM opened at $84.38 on Friday. The company’s fifty day moving average price is $76.73 and its 200 day moving average price is $78.03. General Motors Company has a 1 year low of $46.81 and a 1 year high of $87.62. The company has a market capitalization of $76.08 billion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 0.42 and a beta of 1.29. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 16.68% and a net margin of 1.38%.General Motors’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, research analysts predict that General Motors Company will post 12.85 earnings per share for the current year.

General Motors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date is 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 currently 29.03%.

Hedge Funds Weigh In On General Motors

Several hedge funds and other institutional investors have recently modified their holdings of GM. Laurel Wealth Advisors LLC purchased a new position in General Motors during the fourth quarter worth approximately $25,000. Evergreen Advisors LLC purchased a new position in General Motors during the first quarter worth approximately $26,000. Elevation Wealth Partners LLC lifted its position in General Motors by 500.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares in the last quarter. SouthState Bank Corp lifted its position in General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares in the last quarter. Finally, Kelleher Financial Advisors purchased a new position in General Motors during the third quarter worth approximately $29,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on GM. Bank of America began coverage on shares of General Motors in a report on Wednesday, March 4th. They set a “buy” rating and a $105.00 price objective on the stock. Jefferies Financial Group increased their price objective on shares of General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Royal Bank Of Canada decreased their price objective on shares of General Motors from $96.00 to $95.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Finally, Wells Fargo & Company raised their target price on General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a research report on Wednesday, April 29th. 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. According to MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and a consensus price target of $94.65.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM approved Pinnacle Intelligence as a vendor for Business Development Center services, reinforcing its push to use AI-enabled tools in retail operations and customer support. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
• Positive Sentiment: Reports that GM received preliminary FDIC approval for an industrial bank charter could improve financing flexibility and support future captive-lending growth. Ford, GM, Stellantis Join Crypto Firms In Trump-Era Bank Charter Push After Winning Preliminary FDIC Approval: Report
• Positive Sentiment: GM also landed work tied to NASA’s lunar terrain vehicle program, highlighting its battery and propulsion technology beyond traditional auto sales. General Motors to make batteries for NASA’s new manned moon rover
• Neutral Sentiment: GM recognized several suppliers in its annual awards, which is a constructive sign for operations but not likely a major stock driver by itself. Bridgestone Recognized as 2025 Supplier of the Year by General Motors
• Negative Sentiment: CEO Mary T. Barra sold a large amount of GM shares in multiple transactions, and EVP Rory Harvey also sold shares, which may weigh on sentiment even though the sales were planned. Mary T. Barra insider trade details

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.