Principal Financial Group Inc. Sells 18,022 Shares of General Motors Company $GM

Principal Financial Group Inc. lessened its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,017,104 shares of the auto manufacturer’s stock after selling 18,022 shares during the quarter. Principal Financial Group Inc. owned approximately 0.11% of General Motors worth $62,013,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Steigerwald Gordon & Koch Inc. bought a new position in shares of General Motors during the 3rd quarter valued at $29,000. Trust Co. of Toledo NA OH bought a new stake in General Motors in the second quarter worth $25,000. GFG Capital LLC acquired a new position in General Motors during the second quarter worth $27,000. Armstrong Advisory Group Inc. raised its holdings in General Motors by 94.6% during the third quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 265 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in shares of General Motors in the second quarter worth about $32,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other General Motors news, CAO Christopher Hatto sold 7,724 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $72.00, for a total value of $556,128.00. Following the completion of the sale, the chief accounting officer owned 12,007 shares in the company, valued at approximately $864,504. This trade represents a 39.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

General Motors Trading Up 1.6%

Shares of GM stock opened at $85.59 on Wednesday. The firm has a market capitalization of $77.37 billion, a P/E ratio of 28.44, a price-to-earnings-growth ratio of 0.46 and a beta of 1.36. General Motors Company has a 1 year low of $41.60 and a 1 year high of $87.31. The firm’s fifty day simple moving average is $80.66 and its 200 day simple moving average is $67.50. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.25. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The company had revenue of $45.29 billion for the quarter, compared to analyst estimates of $45.81 billion. During the same period last year, the business posted $1.92 EPS. The business’s quarterly revenue was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. As a group, sell-side analysts predict that General Motors Company will post 11.44 EPS for the current year.

General Motors declared that its Board of Directors has approved a stock repurchase program on Tuesday, January 27th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the auto manufacturer to purchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

General Motors Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be paid a dividend of $0.18 per share. This is a positive change from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, March 6th. General Motors’s dividend payout ratio is presently 19.93%.

General Motors News Summary

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

• Positive Sentiment: Evercore raised its price target on GM from $85 to $95 and kept an “outperform” rating — a bullish analyst move that supports upside expectations. Evercore raises PT to $95
• Positive Sentiment: Jefferies raised its price target from $85 to $97 (hold), also signaling more upside from current levels. Analyst upward revisions can drive buying and boost sentiment. Jefferies raises PT to $97
• Positive Sentiment: Most new GM EV buyers are selecting a home-charging package — this improves owner experience, likely increases EV adoption, and may generate accessory/installation revenue. Most New GM EV Customers Are Choosing A Home Charging Package
• Positive Sentiment: GM Korea is shifting focus to the premium vehicle segment — a strategy that could improve margins and brand mix in international markets. GM Korea Strengthening Focus On Premium Vehicle Segment
• Neutral Sentiment: GM issued a fix for a fuel-injector flow-rate issue on the Chevy Trax — the company addressed the problem, which limits lingering safety/recall uncertainty but is unlikely to be material to earnings. GM Releases Fix For Chevy Trax Fuel Injector Flow Rate Issue
• Neutral Sentiment: An explainer on “Ecotec” engine branding surfaced — useful for consumer/brand clarity but not directly material to near-term financials. What Ecotec Means On GM Engines
• Neutral Sentiment: GM CEO attended a White House event with former President Trump — a high-profile appearance that may affect public/political perception but has ambiguous direct financial impact. General Motors CEO attends White House event with Trump
• Neutral Sentiment: Elevated investor searches and attention (per Zacks) signal higher market focus on GM, which can amplify price moves but doesn’t by itself change fundamentals. Investors Heavily Search General Motors Company (GM)
• Negative Sentiment: Canada says it will seek to recover “hundreds of millions” from GM (and Stellantis) after scaled-back production — this is a direct potential cash liability and a clear near-term downside risk. Canada to Claim Stellantis, GM Owe Hundreds of Millions to Government

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GM. Royal Bank Of Canada increased their price objective on General Motors from $92.00 to $107.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. JPMorgan Chase & Co. upped their target price on General Motors from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of General Motors from $82.00 to $83.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. Benchmark reaffirmed a “buy” rating on shares of General Motors in a report on Wednesday, October 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $88.43.

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.