44 Wealth Management LLC Trims Stock Holdings in General Motors Company $GM

44 Wealth Management LLC reduced its holdings in shares of General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 35.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 11,529 shares of the auto manufacturer’s stock after selling 6,290 shares during the period. 44 Wealth Management LLC’s holdings in General Motors were worth $859,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Laurel Wealth Advisors LLC bought a new stake in shares of General Motors in the fourth quarter valued at about $25,000. Evergreen Advisors LLC purchased a new stake in General Motors in the first quarter worth about $26,000. SouthState Bank Corp grew its holdings in General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 177 shares in the last quarter. Kelleher Financial Advisors purchased a new position in General Motors during the 3rd quarter valued at about $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of General Motors in the 4th quarter worth approximately $30,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at General Motors

In related news, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. The trade was a 21.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $84.97, for a total transaction of $775,266.28. Following the transaction, the executive vice president owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This represents a 19.61% 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. Insiders have sold a total of 697,388 shares of company stock valued at $57,752,596 in the last ninety days. 0.54% of the stock is currently owned by corporate insiders.

General Motors Stock Up 2.4%

GM stock opened at $82.59 on Friday. The stock has a market capitalization of $72.47 billion, a PE ratio of 41.71, a price-to-earnings-growth ratio of 0.41 and a beta of 1.31. General Motors Company has a 52 week low of $51.69 and a 52 week high of $87.62. The company has a quick ratio of 0.99, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The firm has a 50 day moving average of $79.24 and a 200 day moving average of $78.86.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.19 by $0.38. The company had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The firm’s revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Sell-side analysts forecast that General Motors Company will post 13.23 earnings per share for the current year.

General Motors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a $0.18 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s dividend payout ratio is 36.36%.

Key General Motors News

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

  • Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
  • Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
  • Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
  • Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
  • Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
  • Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company increased their price objective on shares of General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday. TD Cowen lifted their price target on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $100.00 price objective on shares of General Motors in a research note on Wednesday. Mizuho cut their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Finally, Benchmark reiterated a “buy” rating on shares of General Motors in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, General Motors currently has a consensus rating of “Moderate Buy” and an average price target of $99.59.

Read Our Latest Stock Report on General Motors

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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