Atria Investments Inc reduced its holdings in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 27.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 146,494 shares of the auto manufacturer’s stock after selling 55,278 shares during the period. Atria Investments Inc’s holdings in General Motors were worth $11,913,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of GM. Franklin Resources Inc. increased its stake in General Motors by 3.3% in the 3rd quarter. Franklin Resources Inc. now owns 31,322,758 shares of the auto manufacturer’s stock valued at $1,909,748,000 after buying an additional 989,189 shares during the period. Capital World Investors grew its holdings in shares of General Motors by 8.2% in the 3rd quarter. Capital World Investors now owns 18,130,519 shares of the auto manufacturer’s stock worth $1,105,420,000 after acquiring an additional 1,366,467 shares during the period. AQR Capital Management LLC increased its position in shares of General Motors by 5.5% in the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock valued at $868,986,000 after buying an additional 748,831 shares in the last quarter. Viking Global Investors LP increased its holdings in General Motors by 81.1% during the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after acquiring an additional 5,830,050 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of General Motors by 5.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,001,245 shares of the auto manufacturer’s stock worth $365,897,000 after purchasing an additional 302,140 shares during the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.
General Motors Stock Performance
General Motors stock opened at $77.76 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. General Motors Company has a 12 month low of $46.81 and a 12 month high of $87.62. The company has a fifty day moving average price of $76.07 and a two-hundred day moving average price of $77.39. The company has a market cap of $70.11 billion, a PE ratio of 31.35, a P/E/G ratio of 0.38 and a beta of 1.29.
General Motors declared that its Board of Directors has approved a share buyback program on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the auto manufacturer to repurchase up to 8.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
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 issued a $0.18 dividend. The ex-dividend date of this dividend is 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 currently 29.03%.
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for GM to $12.64 from $11.81, signaling stronger near-term earnings expectations. It also lifted estimates for Q2 2026 and FY2027, which may be supporting sentiment around GM’s profit outlook.
- Positive Sentiment: GM’s Ultium Cells Ohio plant is reportedly recalling some workers after a production halt in January, a sign that battery operations may be stabilizing and could improve EV supply-chain execution.
- Neutral Sentiment: GM is reportedly planning to discontinue Chevrolet Silverado medium-duty trucks. That could help GM focus resources on better-performing products, but it may also reflect portfolio pruning rather than a major growth catalyst.
- Negative Sentiment: GM recently paid a record penalty tied to California privacy-law violations, and a separate report says the company agreed to a $12.75 million settlement over OnStar data collection and sales. These headlines add regulatory and reputational overhang.
- Negative Sentiment: GM is also facing a lawsuit related to recalled 10-speed automatic transmissions, which could create additional legal costs and keep quality-control issues in focus for investors.
Analyst Ratings Changes
Several analysts have commented on GM shares. Wall Street Zen raised shares of General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research cut shares of General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Wedbush reaffirmed an “outperform” rating and issued a $95.00 target price on shares of General Motors in a research report on Monday. Deutsche Bank Aktiengesellschaft raised shares of General Motors from a “hold” rating to a “buy” rating and raised their price target for the company from $83.00 to $90.00 in a report on Tuesday, April 14th. Finally, Evercore reiterated an “outperform” rating and set a $100.00 target price on shares of General Motors in a research note on Monday, May 4th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.65.
Check Out Our Latest Stock Analysis on General Motors
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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