New York State Teachers Retirement System Has $59.04 Million Holdings in General Motors Company $GM

New York State Teachers Retirement System trimmed its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 6.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 968,309 shares of the auto manufacturer’s stock after selling 67,548 shares during the period. New York State Teachers Retirement System owned 0.10% of General Motors worth $59,038,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in GM. Vanguard Group Inc. increased its stake in General Motors by 11.5% during the 2nd quarter. Vanguard Group Inc. now owns 110,759,703 shares of the auto manufacturer’s stock worth $5,450,485,000 after acquiring an additional 11,418,367 shares during the period. Viking Global Investors LP grew its holdings in shares of 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 worth $640,659,000 after purchasing an additional 5,830,050 shares in the last quarter. Legal & General Group Plc increased its position in shares of General Motors by 0.5% in the second quarter. Legal & General Group Plc now owns 10,143,779 shares of the auto manufacturer’s stock worth $499,175,000 after purchasing an additional 54,853 shares during the period. Norges Bank acquired a new position in General Motors in the second quarter valued at about $444,319,000. Finally, Ameriprise Financial Inc. lifted its position in General Motors by 8.0% during the second quarter. Ameriprise Financial Inc. now owns 5,699,105 shares of the auto manufacturer’s stock worth $280,457,000 after purchasing an additional 424,396 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on GM shares. The Goldman Sachs Group raised their target price on shares of General Motors from $81.00 to $93.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Wedbush lifted their price objective on shares of General Motors from $75.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Zacks Research upgraded shares of General Motors from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Piper Sandler set a $98.00 target price on General Motors and gave the company an “overweight” rating in a report on Thursday. Finally, Weiss Ratings cut General Motors from a “buy (b-)” rating to a “hold (c)” rating in a report on Saturday, October 25th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $77.76.

Trending Headlines about General Motors

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

• Positive Sentiment: Piper Sandler upgraded GM to “overweight” and raised its price target to $98, signaling some analysts see upside once one‑time charges are absorbed. Piper Sandler upgrade
• Positive Sentiment: Zacks notes GM has a strong earnings‑surprise history and factors that could support another beat in the next report, which can help the stock beyond the one‑time charges. Zacks: beat potential
• Neutral Sentiment: GM reported that full‑year 2025 sales climbed despite a late‑year slowdown — evidence demand isn’t collapsing across the business even as EV demand cools. 2025 sales climbed
• Negative Sentiment: GM will record $7.1 billion in Q4 special charges, roughly $6 billion of which are EV‑related writedowns tied to scaling back U.S. EV investments after policy changes and weakening demand — the primary driver of today’s selloff. Reuters: $6B writedown
• Negative Sentiment: Management warns additional EV‑related costs may continue into 2026 as supplier negotiations and capacity changes progress — increasing near‑term earnings uncertainty. Business Insider: more EV costs likely
• Negative Sentiment: GM is cutting more than 1,000 jobs at two plants amid slower EV demand and production changes, underscoring operational adjustments and potential near‑term disruption. MSN: plant job cuts

General Motors Stock Performance

General Motors stock opened at $82.78 on Monday. The business has a 50 day moving average of $76.38 and a 200-day moving average of $63.89. The company has a market capitalization of $77.22 billion, a P/E ratio of 16.66, a P/E/G ratio of 0.66 and a beta of 1.31. General Motors Company has a 1 year low of $41.60 and a 1 year high of $85.18. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 1.06.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.48. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The firm had revenue of $48.59 billion for the quarter, compared to analyst estimates of $44.60 billion. During the same period in the previous year, the firm posted $2.96 EPS. The company’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. On average, equities research analysts predict that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.7%. General Motors’s payout ratio is currently 12.07%.

Insiders Place Their Bets

In other General Motors news, President Mark L. Reuss sold 260,600 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $66.45, for a total value of $17,316,870.00. Following the sale, the president owned 98,006 shares in the company, valued at approximately $6,512,498.70. The trade was a 72.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Christopher Hatto sold 7,724 shares of the stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $72.00, for a total value of $556,128.00. Following the completion of the sale, the chief accounting officer directly owned 12,007 shares of the company’s stock, valued at approximately $864,504. The trade was a 39.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 284,021 shares of company stock valued at $18,971,788 over the last 90 days. 0.54% of the stock is currently owned by company insiders.

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.