Rep. Jefferson Shreve Sells Off Shares of General Motors Company (NYSE:GM)

Representative Jefferson Shreve (R-Indiana) recently sold shares of General Motors Company NYSE: GM. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in General Motors stock on May 12th.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

General Motors Stock Performance

Shares of GM stock traded up $1.04 during midday trading on Friday, hitting $53.38. The company had a trading volume of 6,483,783 shares, compared to its average volume of 10,352,842. The stock has a market cap of $50.82 billion, a price-to-earnings ratio of 8.47, a PEG ratio of 1.13 and a beta of 1.32. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.22 and a quick ratio of 1.04. The company's 50 day simple moving average is $50.23 and its 200 day simple moving average is $48.72. General Motors Company has a 52-week low of $38.96 and a 52-week high of $61.24.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last posted its quarterly earnings data on Tuesday, July 22nd. The auto manufacturer reported $2.53 earnings per share for the quarter, beating analysts' consensus estimates of $2.52 by $0.01. The firm had revenue of $47.12 billion for the quarter, compared to analyst estimates of $45.87 billion. General Motors had a net margin of 2.54% and a return on equity of 12.98%. General Motors's quarterly revenue was down 1.8% on a year-over-year basis. During the same period last year, the firm posted $3.06 EPS. Research analysts anticipate that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Friday, September 5th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.12%. The ex-dividend date is Friday, September 5th. General Motors's dividend payout ratio is presently 9.52%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GM shares. Barclays increased their price target on shares of General Motors from $45.00 to $55.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. The Goldman Sachs Group reissued a "buy" rating on shares of General Motors in a report on Friday, July 11th. Bank of America cut their price objective on General Motors from $65.00 to $62.00 and set a "buy" rating for the company in a research report on Wednesday. Mizuho raised their target price on General Motors from $53.00 to $58.00 and gave the company an "outperform" rating in a report on Friday, May 16th. Finally, Royal Bank Of Canada upped their price target on shares of General Motors from $55.00 to $57.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $56.35.

Institutional Trading of General Motors

A number of hedge funds have recently bought and sold shares of GM. Sowell Financial Services LLC boosted its holdings in shares of General Motors by 2.9% in the 2nd quarter. Sowell Financial Services LLC now owns 6,834 shares of the auto manufacturer's stock valued at $336,000 after purchasing an additional 195 shares during the last quarter. Nemes Rush Group LLC raised its position in shares of General Motors by 18.7% in the 4th quarter. Nemes Rush Group LLC now owns 1,379 shares of the auto manufacturer's stock worth $73,000 after buying an additional 217 shares during the period. ICONIQ Capital LLC boosted its holdings in General Motors by 4.2% in the first quarter. ICONIQ Capital LLC now owns 5,434 shares of the auto manufacturer's stock valued at $256,000 after acquiring an additional 220 shares during the last quarter. Operose Advisors LLC grew its position in General Motors by 18.7% during the fourth quarter. Operose Advisors LLC now owns 1,413 shares of the auto manufacturer's stock valued at $75,000 after acquiring an additional 223 shares during the period. Finally, Bessemer Group Inc. grew its position in General Motors by 0.4% during the fourth quarter. Bessemer Group Inc. now owns 53,619 shares of the auto manufacturer's stock valued at $2,856,000 after acquiring an additional 226 shares during the period. Institutional investors and hedge funds own 92.67% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.