General Motors’ (GM) Outperform Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of General Motors (NYSE:GM) (TSE:GMM.U) in a research report sent to investors on Monday,Benzinga reports. The brokerage currently has a $95.00 price target on the auto manufacturer’s stock.

GM has been the topic of a number of other research reports. 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. Bank of America started coverage on shares of General Motors in a report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 target price on the stock. JPMorgan Chase & Co. raised their target price on shares of General Motors from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 price target on shares of General Motors in a research note on Wednesday, January 28th. Finally, DZ Bank upgraded shares of General Motors from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research note on Thursday, January 29th. One investment 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 issued a Sell rating to the company. According to data from MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and a consensus price target of $94.65.

General Motors Trading Down 0.8%

NYSE GM opened at $75.84 on Monday. The firm’s 50-day moving average is $76.06 and its two-hundred day moving average is $77.33. General Motors has a 12 month low of $46.81 and a 12 month high of $87.62. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. The stock has a market capitalization of $68.38 billion, a P/E ratio of 30.58, a PEG ratio of 0.39 and a beta of 1.29.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter in the prior year, the company posted $2.78 earnings per share. General Motors’s revenue for the quarter was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, sell-side analysts anticipate that General Motors will post 12.8 earnings per share for the current year.

General Motors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s payout ratio is presently 29.03%.

General Motors declared that its Board of Directors has approved a share repurchase plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the auto manufacturer to purchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On General Motors

A number of institutional investors have recently modified their holdings of the business. Tsfg LLC increased its holdings in shares of General Motors by 5.7% in the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after acquiring an additional 120 shares during the period. Bogart Wealth LLC grew its position in General Motors by 15.6% in the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after buying an additional 122 shares during the last quarter. Sumitomo Life Insurance Co. grew its position 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 last quarter. PDS Planning Inc grew its position 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 last quarter. Finally, UMB Bank n.a. grew 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 valued at $560,000 after buying an additional 136 shares during the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors News Roundup

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

• Positive Sentiment: Zacks Research raised some of its forward earnings estimates for General Motors, including Q2 2027, Q1 2027, FY2027, and Q2 2026, suggesting analysts still see decent profitability ahead despite trimming a few other periods. General Motors Company (NYSE:GM)
• Positive Sentiment: Wedbush reaffirmed an Outperform rating on GM, which may help limit downside by signaling continued confidence in the stock’s longer-term setup. General Motors’ (GM) Outperform Rating Reaffirmed at Wedbush
• Neutral Sentiment: GM is restructuring its workforce and cutting roughly 500 to 600 IT roles as it shifts resources toward higher-priority skills such as AI, a move that could support longer-term efficiency but has also drawn criticism for how the layoffs were handled. Laid off GM employees describe ominous meeting, AI and severance
• Neutral Sentiment: General Motors also faces ongoing scrutiny over its EV battery operations, with the restart date at its Ohio battery plant still uncertain, adding some uncertainty around execution in its electric vehicle push. GM’s restart date at Ohio battery plant uncertain
• Negative Sentiment: News that GM will pay out $12.75 million over allegations it sold California driver data adds legal and reputational risk, which can weigh on investor sentiment. General Motors to pay out $12.75M after selling California driver data
• Negative Sentiment: Several reports highlighted employee backlash over GM’s layoffs, including claims of cold, scripted virtual meetings, which could amplify concerns about management execution and culture. Axed GM employees claim they were dumped in cold, scripted virtual meetings

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.