Convergence Investment Partners LLC Has $2.79 Million Holdings in General Motors Company $GM

Convergence Investment Partners LLC lessened its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 25.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,454 shares of the auto manufacturer’s stock after selling 12,528 shares during the quarter. Convergence Investment Partners LLC’s holdings in General Motors were worth $2,790,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Tsfg LLC lifted its position in shares of General Motors by 5.7% in the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after purchasing an additional 120 shares in the last quarter. Bogart Wealth LLC grew its position in General Motors by 15.6% during the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after purchasing an additional 122 shares in the last quarter. Sumitomo Life Insurance Co. increased its stake in General Motors by 0.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock valued at $1,584,000 after buying an additional 127 shares during the period. PDS Planning Inc increased its stake in General Motors by 3.4% in the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock valued at $325,000 after buying an additional 131 shares during the period. Finally, UMB Bank n.a. lifted its position in General Motors by 2.0% in the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 136 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

General Motors Stock Performance

Shares of NYSE GM opened at $75.91 on Tuesday. The business’s 50-day simple moving average is $78.84 and its 200-day simple moving average is $78.84. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a 52 week low of $48.87 and a 52 week high of $87.62. The firm has a market cap of $68.45 billion, a price-to-earnings ratio of 30.61, a P/E/G ratio of 0.38 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its 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 return on equity of 16.68% and a net margin of 1.38%.The firm had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter in the prior year, the business earned $2.78 earnings per share. The company’s revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities research analysts expect that General Motors Company will post 12.88 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were paid a $0.18 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is presently 29.03%.

Trending Headlines about General Motors

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

• Positive Sentiment: Analysts and pre-earnings coverage point to healthy vehicle demand and margin strength as potential tailwinds for General Motors, which could support the stock if results beat expectations.
• Positive Sentiment: GM has been highlighted as one of the auto stocks positioned to beat second-quarter earnings estimates, suggesting the market sees a chance for upside if management delivers a strong outlook.
• Neutral Sentiment: Wall Street expects a relatively strong quarter, with earnings and revenue forecasts clustered around $3.20-$3.70 per share and about $47 billion in sales, making the report a key near-term catalyst. General Motors is set to report earnings before the bell. Here’s what Wall Street expects
• Neutral Sentiment: Investors are also watching whether GM can extend its recent relative outperformance versus Tesla, with some commentary framing the stock as undervalued heading into earnings.
• Negative Sentiment: Technical commentary flagged a bearish double-top pattern and recent pullback in GM shares, indicating some traders expect downside if the earnings report disappoints.
• Negative Sentiment: New U.S. tariffs on Canadian imports could raise costs for North American manufacturers, including General Motors, because of cross-border supply-chain exposure and the auto trade dispute.

Wall Street Analysts Forecast Growth

GM has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their target price on shares of General Motors from $98.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. UBS Group reissued a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. The Goldman Sachs Group lowered their target price on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $102.00 target price on shares of General Motors in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $97.27.

Insider Buying and Selling

In other General Motors news, CEO Mary T. Barra sold 215,391 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total transaction of $17,233,433.91. Following the completion of the sale, the chief executive officer directly owned 770,491 shares in the company, valued at $61,646,984.91. This represents a 21.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the sale, the executive vice president directly owned 46,519 shares in the company, valued at approximately $3,862,007.38. This represents a 63.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 697,388 shares of company stock worth $57,752,596 in the last quarter. 0.54% of the stock is currently owned by company insiders.

General Motors Company Profile

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.