OVERSEA CHINESE BANKING Corp Ltd Reduces Position in General Motors Company $GM

OVERSEA CHINESE BANKING Corp Ltd cut its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 70.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 19,417 shares of the auto manufacturer’s stock after selling 46,936 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in General Motors were worth $1,579,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Optas LLC purchased a new position in shares of General Motors during the 4th quarter worth about $250,000. Evergreen Capital Management LLC boosted its stake in shares of General Motors by 141.1% during the 4th quarter. Evergreen Capital Management LLC now owns 25,553 shares of the auto manufacturer’s stock worth $2,078,000 after purchasing an additional 14,956 shares during the period. Legacy Advisors LLC boosted its stake in shares of General Motors by 15.6% during the 4th quarter. Legacy Advisors LLC now owns 5,695 shares of the auto manufacturer’s stock worth $463,000 after purchasing an additional 769 shares during the period. Richards Merrill & Peterson Inc. purchased a new stake in General Motors in the 4th quarter valued at about $58,000. Finally, Mills Wealth Advisors LLC purchased a new stake in General Motors in the 4th quarter valued at about $1,054,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM announced it reached a U.S. renewable?energy milestone across operations, which supports sustainability goals and potential energy cost stability. GM Reaches Renewable Energy Milestone Across US Operations
• Positive Sentiment: High?profile endorsement: Jim Cramer publicly backed CEO Mary Barra, a boost to investor sentiment around management’s execution. Jim Cramer on General Motors: “I Want You to Invest in Mary Barra”
• Neutral Sentiment: GM bought a new plant at the former Palace of Auburn Hills site to support production of gasoline?powered Cadillac Escalade and full?size pickups — a move that preserves high?margin ICE capacity while the EV strategy is reassessed. GM buys plant built on the site of the former Palace of Auburn Hills
• Neutral Sentiment: Brokerages still show a consensus “Moderate Buy,” indicating some analysts remain constructive despite recent news. General Motors Company (NYSE:GM) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Negative Sentiment: Reports say GM is delaying/indefinitely pausing its next?generation full?size electric truck program (Factory Zero and 2028 plans), which undermines the EV growth narrative and likely tempers long?term EV revenue expectations. GM delays next-gen EV truck program, Crain’s Detroit reports
• Negative Sentiment: Multiple outlets report GM has put next?gen full?size EV trucks and SUVs “on ice,” signaling a tactical pivot to hybrids/ICE that could disappoint EV?focused investors and affect growth multiples. GM puts next-generation full-size EV trucks and SUVs on ice
• Negative Sentiment: GM authorized a roughly $40M award to hire Tesla alum Sterling Anderson and approved record CEO pay — governance and cash?outlay concerns that have rattled some investors. GM doles out $40 million to bring on Tesla alum Sterling Anderson
• Negative Sentiment: Q1 earnings previews warn of declining EPS and tariff pressures, meaning short?term results may disappoint and add downward pressure on the stock. General Motors to Report Q1 Earnings: Here’s What to Expect
• Negative Sentiment: Analyses argue the EV slowdown plus the truck pivot and executive pay decisions could reshape the bull case for GM, increasing uncertainty around the company’s long?term strategy. Does GM’s EV Slowdown and Truck Pivot Reshape the Bull Case for General Motors (GM)?

Analysts Set New Price Targets

GM has been the subject of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of General Motors from $85.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Zacks Research cut shares of General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Barclays lowered their price objective on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. Jefferies Financial Group boosted their price objective on shares of General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Finally, Wall Street Zen cut shares of General Motors from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $91.25.

General Motors Price Performance

Shares of GM opened at $79.01 on Thursday. The company has a 50 day moving average price of $76.92 and a 200-day moving average price of $75.55. General Motors Company has a fifty-two week low of $44.72 and a fifty-two week high of $87.62. The stock has a market capitalization of $71.42 billion, a PE ratio of 26.25, a PEG ratio of 0.44 and a beta of 1.34. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.01 and a current ratio of 1.17.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.25. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The firm had revenue of $45.29 billion during the quarter, compared to analysts’ expectations of $45.81 billion. During the same quarter in the prior year, the company earned $1.92 EPS. The company’s revenue was down 5.1% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Equities analysts predict that General Motors Company will post 12.44 earnings per share for the current fiscal year.

General Motors announced that its Board of Directors has authorized a share repurchase plan on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the auto manufacturer to buy up to 8.1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

General Motors Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Friday, March 6th. This is a boost from General Motors’s previous quarterly dividend of $0.15. General Motors’s dividend payout ratio is currently 23.92%.

General Motors 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.