Integrated Investment Consultants LLC Has $212,000 Stock Holdings in General Motors Company $GM

Key Points

• Integrated Investment Consultants LLC reduced its stake in General Motors by 97.5% in the first quarter, with holdings now valued at $212,000.
• General Motors reported earnings of $2.53 per share for the last quarter, surpassing analyst expectations, and generated a revenue of $47.12 billion.
• The company declared a quarterly dividend of $0.15, with an annualized yield of 1.1%, reflecting a payout ratio of 9.52%.

Integrated Investment Consultants LLC lessened its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 97.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,508 shares of the auto manufacturer's stock after selling 176,139 shares during the period. Integrated Investment Consultants LLC's holdings in General Motors were worth $212,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GM. Brighton Jones LLC grew its holdings in General Motors by 456.1% during the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer's stock valued at $2,062,000 after purchasing an additional 31,755 shares during the last quarter. First Trust Advisors LP grew its stake in shares of General Motors by 12.8% in the fourth quarter. First Trust Advisors LP now owns 1,005,883 shares of the auto manufacturer's stock worth $53,583,000 after acquiring an additional 113,905 shares during the last quarter. Ossiam acquired a new stake in shares of General Motors in the fourth quarter worth $44,000. MML Investors Services LLC grew its stake in shares of General Motors by 1.5% in the fourth quarter. MML Investors Services LLC now owns 141,066 shares of the auto manufacturer's stock worth $7,515,000 after acquiring an additional 2,066 shares during the last quarter. Finally, Transce3nd LLC acquired a new stake in shares of General Motors in the fourth quarter worth $34,000. Institutional investors and hedge funds own 92.67% of the company's stock.

General Motors Stock Down 0.4%

GM opened at $56.8050 on Thursday. General Motors Company has a fifty-two week low of $41.60 and a fifty-two week high of $61.24. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.22 and a quick ratio of 1.05. The firm's fifty day moving average price is $52.17 and its two-hundred day moving average price is $49.06. The company has a market capitalization of $54.08 billion, a P/E ratio of 9.02, a P/E/G ratio of 1.21 and a beta of 1.36.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued its quarterly earnings data on Tuesday, July 22nd. The auto manufacturer reported $2.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.52 by $0.01. The company had revenue of $47.12 billion during the quarter, compared to analysts' expectations of $45.87 billion. General Motors had a return on equity of 12.98% and a net margin of 2.54%.The business's revenue was down 1.8% on a year-over-year basis. During the same period last year, the business earned $3.06 earnings per share. General Motors has set its FY 2025 guidance at 8.250-10.000 EPS. On average, analysts anticipate that General Motors Company will post 11.44 EPS for the current year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Friday, September 5th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 5th. General Motors's payout ratio is currently 9.52%.

Insider Transactions at General Motors

In related news, CAO Christopher Hatto sold 36,804 shares of General Motors stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $55.10, for a total value of $2,027,900.40. Following the completion of the sale, the chief accounting officer directly owned 12,007 shares in the company, valued at $661,585.70. This trade represents a 75.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Rory Harvey sold 23,977 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $53.01, for a total value of $1,271,020.77. Following the transaction, the executive vice president owned 8,513 shares of the company's stock, valued at $451,274.13. The trade was a 73.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on GM. Wedbush raised their price objective on shares of General Motors from $55.00 to $65.00 and gave the stock an "outperform" rating in a research note on Tuesday. BNP Paribas upgraded shares of General Motors to a "strong-buy" rating in a research note on Monday, May 5th. Piper Sandler restated a "neutral" rating and issued a $48.00 price objective (up previously from $43.00) on shares of General Motors in a research note on Thursday, May 22nd. The Goldman Sachs Group restated a "buy" rating on shares of General Motors in a research note on Friday, July 11th. Finally, Mizuho lifted their price target on shares of General Motors from $53.00 to $58.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, General Motors currently has an average rating of "Hold" and an average price target of $58.05.

General Motors Company Profile

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.

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