General Motors Company $GM Shares Purchased by Savant Capital LLC

Savant Capital LLC boosted its position in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 5.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 249,691 shares of the auto manufacturer’s stock after buying an additional 13,859 shares during the period. Savant Capital LLC’s holdings in General Motors were worth $15,224,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of GM. Unison Advisors LLC lifted its stake in General Motors by 0.3% during the 3rd quarter. Unison Advisors LLC now owns 68,272 shares of the auto manufacturer’s stock valued at $4,163,000 after acquiring an additional 196 shares during the period. Machina Capital S.A.S. raised its holdings in shares of General Motors by 15.7% during the third quarter. Machina Capital S.A.S. now owns 49,672 shares of the auto manufacturer’s stock worth $3,029,000 after purchasing an additional 6,725 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in General Motors by 2.9% during the third quarter. Envestnet Asset Management Inc. now owns 1,725,197 shares of the auto manufacturer’s stock valued at $105,185,000 after purchasing an additional 49,396 shares during the period. Premier Path Wealth Partners LLC boosted its holdings in General Motors by 5.7% in the third quarter. Premier Path Wealth Partners LLC now owns 9,196 shares of the auto manufacturer’s stock valued at $561,000 after purchasing an additional 497 shares during the last quarter. Finally, Tsfg LLC grew its position in General Motors by 19.9% during the 3rd quarter. Tsfg LLC now owns 2,121 shares of the auto manufacturer’s stock worth $129,000 after purchasing an additional 352 shares during the period. 92.67% of the stock is owned by hedge funds and other institutional investors.

General Motors Price Performance

General Motors stock opened at $86.12 on Thursday. The company has a fifty day simple moving average of $80.92 and a 200-day simple moving average of $67.63. The firm has a market capitalization of $77.85 billion, a price-to-earnings ratio of 28.61, a PEG ratio of 0.47 and a beta of 1.36. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. General Motors Company has a 52-week low of $41.60 and a 52-week high of $87.62.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted 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 for the quarter, compared to the consensus estimate of $45.81 billion. During the same period last year, the firm posted $1.92 earnings per share. The company’s revenue for the quarter was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, equities analysts anticipate that General Motors Company will post 11.44 EPS for the current fiscal year.

General Motors Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, March 6th. This is a positive change from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. General Motors’s dividend payout ratio (DPR) is 19.93%.

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

Wall Street Analyst Weigh In

GM has been the subject of several analyst reports. Wells Fargo & Company boosted their price objective on General Motors from $48.00 to $57.00 and gave the company an “underweight” rating in a report on Wednesday, January 28th. Piper Sandler reaffirmed an “overweight” rating and set a $105.00 target price (up from $98.00) on shares of General Motors in a report on Wednesday, January 28th. Barclays set a $110.00 price target on shares of General Motors in a report on Wednesday, January 28th. Tigress Financial raised their price target on shares of General Motors from $88.00 to $92.00 and gave the company a “strong-buy” rating in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. upped their price objective on shares of General Motors from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $88.43.

View Our Latest Report on General Motors

Key Headlines Impacting General Motors

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

Insiders Place Their Bets

In other General Motors news, CAO Christopher Hatto sold 7,724 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was 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 in the company, valued at $864,504. This represents a 39.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

About General Motors

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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