Jupiter Asset Management Ltd. Sells 789,813 Shares of General Motors Company $GM

Jupiter Asset Management Ltd. lowered its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 89.4% during the fourth quarter, HoldingsChannel reports. The firm owned 93,521 shares of the auto manufacturer’s stock after selling 789,813 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in General Motors were worth $7,605,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of GM. Laurel Wealth Advisors LLC bought a new stake in shares of General Motors in the 4th quarter valued at about $25,000. Elevation Wealth Partners LLC raised its holdings in shares of General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 275 shares during the period. Kelleher Financial Advisors bought a new stake in shares of General Motors in the 3rd quarter valued at about $29,000. Founders Capital Management bought a new stake in shares of General Motors in the 4th quarter valued at about $31,000. Finally, JPL Wealth Management LLC bought a new stake in shares of General Motors in the 3rd quarter valued at about $32,000. 92.67% of the stock is owned by institutional investors.

General Motors Stock Down 1.1%

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

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping the consensus estimate of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter last year, the business earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, analysts expect that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is presently 29.03%.

Insider Buying and Selling at General Motors

In other General Motors news, EVP Rory Harvey sold 79,494 shares of the stock in a transaction 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 transaction, the executive vice president owned 46,519 shares in the company, valued at $3,862,007.38. This trade represents a 63.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 that occurred on 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 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 ownership of the stock. 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 quarter. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and increased their price target for the company from $83.00 to $90.00 in a research note on Tuesday, April 14th. Bank of America assumed coverage on General Motors in a research note on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price target on the stock. UBS Group increased their price target on General Motors from $102.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Evercore restated an “outperform” rating and issued a $100.00 price target on shares of General Motors in a research note on Monday, May 4th. Finally, Citigroup increased their price target on General Motors from $105.00 to $108.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has issued 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 $94.65.

Key Stories Impacting General Motors

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

• Positive Sentiment: GM continues to get attention for growth beyond traditional car sales, including reports that it will help power NASA’s new lunar terrain vehicle and other news highlighting its battery and advanced engineering capabilities. General Motors to make batteries for NASA’s new manned moon rover
• Positive Sentiment: Recent coverage has also emphasized GM’s push into AI-enabled customer service and connected-car technology, including approval of Pinnacle Intelligence as a vendor and a plan to replace shark-fin antennas with a connectivity hub module. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
• Positive Sentiment: Investors are also reacting to GM’s strong recent earnings beat and to commentary that the stock can benefit from non-vehicle revenue streams such as AI, battery storage, and other strategic initiatives. Car Sales Stink. Why GM and Ford Are Soaring.
• Neutral Sentiment: GM’s recent supplier awards and organizational updates reflect steady operations, but they are unlikely to be major stock drivers on their own. Bridgestone Recognized as 2025 Supplier of the Year by General Motors
• Negative Sentiment: Multiple insider sales by CEO Mary Barra and EVP Rory Harvey may be pressuring sentiment, even though the transactions were made under pre-arranged 10b5-1 plans. Mary T. Barra insider trade details
• Negative Sentiment: A recall involving older Cadillac models for an airbag issue adds another quality-related headline that can weigh on the stock. GM Recalls Older Cadillac Escalade, SRX, XTS, CTS, and ATS for Airbag Issue

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.