Focus Partners Advisor Solutions LLC Boosts Stock Holdings in General Motors Company $GM

Focus Partners Advisor Solutions LLC raised its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 42.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 49,371 shares of the auto manufacturer’s stock after acquiring an additional 14,742 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in General Motors were worth $2,430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of General Motors by 6.9% in the first quarter. Vanguard Group Inc. now owns 99,341,336 shares of the auto manufacturer’s stock worth $4,672,023,000 after purchasing an additional 6,395,375 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of General Motors by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 14,383,079 shares of the auto manufacturer’s stock worth $676,322,000 after purchasing an additional 316,196 shares in the last quarter. Invesco Ltd. increased its stake in shares of General Motors by 4.5% in the first quarter. Invesco Ltd. now owns 13,746,152 shares of the auto manufacturer’s stock worth $646,482,000 after purchasing an additional 594,217 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of General Motors by 146.8% in the first quarter. AQR Capital Management LLC now owns 13,470,258 shares of the auto manufacturer’s stock valued at $629,196,000 after acquiring an additional 8,012,743 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in shares of General Motors by 17.5% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 12,822,632 shares of the auto manufacturer’s stock valued at $603,048,000 after acquiring an additional 1,910,186 shares during the period. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Trading Up 4.1%

GM stock opened at $69.60 on Friday. The company has a market capitalization of $64.92 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 1.35 and a beta of 1.33. General Motors Company has a one year low of $41.60 and a one year high of $69.70. The company’s 50 day moving average price is $59.08 and its two-hundred day moving average price is $52.86. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.05 and a current ratio of 1.23.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 EPS for the quarter, topping the consensus estimate of $2.32 by $0.48. The firm had revenue of $48.59 billion for the quarter, compared to the consensus estimate of $44.60 billion. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The business’s revenue was down .3% compared to the same quarter last year. During the same period last year, the firm posted $2.96 earnings per share. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. As a group, analysts predict that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Friday, December 5th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $0.60 annualized dividend and a dividend yield of 0.9%. General Motors’s dividend payout ratio (DPR) is 12.07%.

Insider Buying and Selling at General Motors

In related news, CAO Christopher Hatto sold 36,804 shares of General Motors stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $55.10, for a total value of $2,027,900.40. Following the transaction, the chief accounting officer directly owned 12,007 shares of the company’s stock, valued at $661,585.70. The trade was a 75.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mary T. Barra sold 907,024 shares of General Motors stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $58.24, for a total transaction of $52,825,077.76. Following the completion of the transaction, the chief executive officer directly owned 552,238 shares in the company, valued at approximately $32,162,341.12. The trade was a 62.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,335,424 shares of company stock valued at $139,694,083. 0.54% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently commented on GM. UBS Group raised their price objective on shares of General Motors from $81.00 to $85.00 and gave the company a “buy” rating in a research report on Wednesday. Weiss Ratings lowered shares of General Motors from a “buy (b-)” rating to a “hold (c)” rating in a research report on Saturday. Wedbush set a $75.00 target price on shares of General Motors and gave the company an “outperform” rating in a research report on Tuesday. Tigress Financial lifted their target price on shares of General Motors from $88.00 to $92.00 and gave the company a “strong-buy” rating in a research report on Friday. Finally, Royal Bank Of Canada lifted their target price on shares of General Motors from $77.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, General Motors currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.00.

General Motors 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.