United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Invests $26.31 Million in General Motors Company $GM

Key Points

• United Super Pty Ltd bought a new position in General Motors during the fourth quarter, purchasing 323,505 shares worth about $26.3 million.
• General Motors reported strong quarterly earnings, posting $3.70 EPS versus the $2.61 analyst estimate, while revenue came in slightly above expectations at $43.62 billion.
• The company also announced a quarterly dividend of $0.18 per share, even as top executives including CEO Mary T. Barra and EVP Rory Harvey sold shares in pre-arranged transactions.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 323,505 shares of the auto manufacturer's stock, valued at approximately $26,307,000.

A number of other hedge funds and other institutional investors have also modified their holdings of GM. M&T Bank Corp lifted its position in General Motors by 82.0% during the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer's stock valued at $5,860,000 after buying an additional 32,474 shares in the last quarter. Legacy Capital Group California Inc. lifted its position in shares of General Motors by 206.4% during the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer's stock worth $1,708,000 after purchasing an additional 14,150 shares in the last quarter. Perbak Capital Partners LLP lifted its position in shares of General Motors by 94.1% during the third quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer's stock worth $2,871,000 after purchasing an additional 22,829 shares in the last quarter. Fieldview Capital Management LLC lifted its position in shares of General Motors by 99.0% during the third quarter. Fieldview Capital Management LLC now owns 28,237 shares of the auto manufacturer's stock worth $1,722,000 after purchasing an additional 14,048 shares in the last quarter. Finally, Brighton Jones LLC lifted its position in shares of General Motors by 456.1% during the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer's stock worth $2,062,000 after purchasing an additional 31,755 shares in the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

General Motors Stock Up 0.3%

Shares of NYSE:GM opened at $84.38 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The company has a fifty day simple moving average of $76.73 and a 200 day simple moving average of $78.03. The firm has a market cap 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. General Motors Company has a 12-month low of $46.81 and a 12-month high of $87.62.

General Motors (NYSE:GM - Get Free Report) 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. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business had revenue of $43.62 billion during the quarter, compared to analyst estimates of $43.51 billion. During the same quarter in the previous year, the firm earned $2.78 earnings per share. The business's revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities research analysts anticipate that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be paid 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 payout ratio 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 business's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the completion of the sale, the executive vice president owned 46,519 shares in the company, valued at $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 134,954 shares of the business's stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $85.03, for a total transaction of $11,475,138.62. Following the sale, the chief executive officer owned 592,242 shares of the company's stock, valued at approximately $50,358,337.26. The trade was a 18.56% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 538,548 shares of company stock valued at $44,241,546. 0.54% of the stock is owned by insiders.

Key General Motors News

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

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. UBS Group boosted their target price on shares of General Motors from $102.00 to $105.00 and gave the stock a "buy" rating in a research report on Tuesday, April 14th. Royal Bank Of Canada reduced their target price on shares of General Motors from $96.00 to $95.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 29th. Wedbush reissued an "outperform" rating and set a $95.00 target price on shares of General Motors in a research report on Monday, May 11th. Citigroup boosted their target price on shares of General Motors from $105.00 to $108.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Finally, Mizuho reduced their target price on shares of General Motors from $105.00 to $100.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.65.

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.

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