Cerity Partners LLC increased its holdings in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 17.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 569,931 shares of the auto manufacturer’s stock after buying an additional 82,861 shares during the quarter. Cerity Partners LLC owned about 0.06% of General Motors worth $34,749,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in GM. Sowell Financial Services LLC grew its stake in shares of General Motors by 2.9% in the second quarter. Sowell Financial Services LLC now owns 6,834 shares of the auto manufacturer’s stock worth $336,000 after purchasing an additional 195 shares in the last quarter. Mayflower Financial Advisors LLC grew its position in General Motors by 4.1% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 5,163 shares of the auto manufacturer’s stock valued at $254,000 after buying an additional 205 shares in the last quarter. Certuity LLC increased its stake in General Motors by 3.6% during the 2nd quarter. Certuity LLC now owns 6,043 shares of the auto manufacturer’s stock valued at $297,000 after buying an additional 209 shares during the period. Gries Financial LLC raised its position in shares of General Motors by 3.3% during the 3rd quarter. Gries Financial LLC now owns 7,493 shares of the auto manufacturer’s stock worth $457,000 after buying an additional 237 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of General Motors by 4.8% in the 2nd quarter. Private Trust Co. NA now owns 5,519 shares of the auto manufacturer’s stock worth $272,000 after acquiring an additional 253 shares during the period. Institutional investors own 92.67% of the company’s stock.
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Piper Sandler and other bulls have upgraded GM, arguing EV pullbacks and cost cuts improve the risk/reward and free up cash for margin-accretive businesses. GM’s stock gets an almost ‘silly’ upgrade
- Positive Sentiment: Analysts and writeups highlight GM’s recurring SaaS monetization and stronger adjusted margins versus peers, a structural reason some see upside after the recent pullback. Seeking Alpha: GM Trumps Ford…
- Neutral Sentiment: GM launched a joint Dept. of Transportation/GM road‑trip app — positive for branding and services but unlikely to move near‑term fundamentals. Dept. Of Transportation & GM Launch New Road Trip App
- Neutral Sentiment: Value/analyst pieces (Zacks) are re-evaluating GM on classic value metrics; useful for longer‑term investors but not an immediate catalyst. Should Value Investors Buy GM?
- Negative Sentiment: GM will record large fourth‑quarter charges ($6B–$7.1B reported) tied to unwinding EV investments and China restructuring — a substantial one‑time profit hit and signal of strategic retreat from some EV capacity. GM to record $7.1 billion in fourth-quarter charges
- Negative Sentiment: GM cut more than 1,000 jobs at two plants amid slower EV demand and production changes — another sign of cost actions but also shrinking EV volumes. GM cuts more than 1,000 jobs
- Negative Sentiment: U.S. Q4 sales fell ~7% Y/Y with EV deliveries down sharply (reported ~43%), reflecting demand pull‑forward from prior tax credits and ongoing EV weakness. GM’s Q4 US Sales Fall 7% Y/Y
General Motors Trading Up 3.9%
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.48. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The firm had revenue of $48.59 billion for the quarter, compared to the consensus estimate of $44.60 billion. During the same quarter in the previous year, the company earned $2.96 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. Sell-side analysts predict that General Motors Company will post 11.44 EPS for the current year.
General Motors Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Friday, December 5th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.60 dividend on an annualized basis and a yield of 0.7%. General Motors’s dividend payout ratio (DPR) is currently 12.07%.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. Mizuho set a $90.00 price objective on shares of General Motors in a research note on Tuesday, December 16th. Barclays increased their price target on General Motors from $77.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Wall Street Zen downgraded General Motors from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. TD Cowen upped their price objective on General Motors from $92.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Finally, Zacks Research raised General Motors from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $77.29.
View Our Latest Stock Analysis on GM
Insider Activity at General Motors
In other General Motors news, President Mark L. Reuss sold 260,600 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the sale, the president directly owned 98,006 shares of the company’s stock, valued at $6,512,498.70. The trade was a 72.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Christopher Hatto sold 15,697 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $70.00, for a total value of $1,098,790.00. Following the completion of the sale, the chief accounting officer owned 12,007 shares of the company’s stock, valued at $840,490. The trade was a 56.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 284,021 shares of company stock worth $18,971,788. Corporate insiders own 0.54% of the company’s stock.
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.
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