Mark Reuss Sells 71,079 Shares of General Motors (NYSE:GM) Stock

29 Jul 2026, 21:08 by Sarita Garza · The Markets Daily

General Motors Company (NYSE:GM – Get Free Report) (TSE:GMM.U) President Mark Reuss sold 71,079 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total value of $6,394,977.63. Following the sale, the president owned 92,293 shares in the company, valued at approximately $8,303,601.21. The trade was a 43.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

General Motors Price Performance

Shares of GM stock traded down $0.87 during mid-day trading on Wednesday, reaching $89.43. The stock had a trading volume of 7,940,721 shares, compared to its average volume of 8,011,733. General Motors Company has a 12-month low of $51.69 and a 12-month high of $91.85. The company has a market cap of $78.47 billion, a P/E ratio of 45.17, a price-to-earnings-growth ratio of 0.40 and a beta of 1.31. The business has a 50-day simple moving average of $79.87 and a 200 day simple moving average of $78.92. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42.

General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping the consensus estimate of $3.19 by $0.38. The business 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 business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, sell-side analysts anticipate that General Motors Company will post 13.23 earnings per share for the current year.

General Motors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio is 36.36%.

Hedge Funds Weigh In On General Motors

Institutional investors and hedge funds have recently modified their holdings of the company. Cibc World Market Inc. lifted its stake in shares of General Motors by 57.2% during the 4th quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock worth $16,318,000 after purchasing an additional 72,984 shares during the period. M&T Bank Corp grew its position in shares of General Motors by 82.0% in the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after purchasing an additional 32,474 shares during the period. Legacy Capital Group California Inc. increased its stake in General Motors by 206.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock valued at $1,708,000 after purchasing an additional 14,150 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in General Motors by 16.2% in the first quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock valued at $15,062,000 after purchasing an additional 28,163 shares during the last quarter. Finally, Leonteq Securities AG purchased a new position in General Motors during the fourth quarter worth about $17,753,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Wall Street Analysts Forecast Growth

GM has been the subject of a number of recent research reports. The Goldman Sachs Group raised their price objective on shares of General Motors from $91.00 to $103.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Piper Sandler reiterated an “overweight” rating and set a $102.00 target price on shares of General Motors in a report on Wednesday, April 29th. Wells Fargo & Company raised their price target on General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 22nd. Evercore reissued an “outperform” rating and issued a $100.00 price target on shares of General Motors in a report on Monday, May 4th. Finally, Mizuho decreased their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.41.

Check Out Our Latest Report on GM

More General Motors News

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

Positive Sentiment: Higher earnings forecasts: Erste Group raised its FY2026 EPS estimate for GM to $13.40 from $12.95 and its FY2027 estimate to $14.99 from $14.48. The revisions reinforce the view that GM’s earnings outlook is improving and now exceeds the broader current-year consensus estimate of $13.23. MarketBeat General Motors estimates
Positive Sentiment: Analyst and value-stock support: Tigress Financial raised its GM price target from $92 to $130 and maintained a “strong-buy” rating. Separate Zacks screens identified GM as an attractive value stock based on valuation, earnings revisions, momentum and cash-flow characteristics. Zacks value stocks article
Positive Sentiment: Profit and capital-allocation catalysts: GM’s latest quarter exceeded expectations, with $48.03 billion of revenue and $3.57 in EPS versus the $3.19 consensus. The company also paid a dividend and continued substantial share repurchases, while investors anticipate that a finite restructuring charge will fade from results and improve reported profitability. Trefis GM restructuring article
Positive Sentiment: EV and technology progress: GM remained Canada’s EV sales leader through the first half of 2026, with EV sales reportedly up 33.4% year over year. Its autonomous-driving unit is also using AI agents to accelerate engineering workflows, potentially improving development efficiency. Yahoo Finance GM Canada EV sales article
Neutral Sentiment: Operational and policy developments: GM is investing in a Missouri assembly plant, reached a wage agreement at GM Korea and is competing with Ford for a U.S. Army tactical-truck contract. These developments could support domestic manufacturing and future revenue, but their financial impact remains uncertain.
Negative Sentiment: Valuation and execution risks: With GM near its 52-week high, additional gains may depend on continued earnings upgrades. Investors must also weigh lower year-over-year net income, restructuring costs, tariff and labor uncertainty, and reports that GM is already planning a successor to the Chevrolet Equinox EV.

About General Motors

(Get 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.