Cibc World Market Inc. lowered its position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 10.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,678 shares of the auto manufacturer’s stock after selling 14,831 shares during the period. Cibc World Market Inc.’s holdings in General Motors were worth $7,785,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in GM. Steigerwald Gordon & Koch Inc. bought a new stake in General Motors in the 3rd quarter valued at about $29,000. Armstrong Advisory Group Inc. boosted its stake in shares of General Motors by 94.6% in the third quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 265 shares during the period. ESL Trust Services LLC acquired a new stake in General Motors during the third quarter worth approximately $37,000. Twin Peaks Wealth Advisors LLC bought a new position in General Motors during the 2nd quarter worth $38,000. Finally, Optimum Investment Advisors raised its holdings in General Motors by 60.0% in the 2nd quarter. Optimum Investment Advisors now owns 800 shares of the auto manufacturer’s stock valued at $39,000 after acquiring an additional 300 shares in the last quarter. 92.67% of the stock is currently owned by institutional investors.
General Motors Trading Up 1.3%
NYSE GM opened at $81.00 on Friday. The company has a market cap of $73.22 billion, a price-to-earnings ratio of 26.91, a price-to-earnings-growth ratio of 0.44 and a beta of 1.36. General Motors Company has a twelve month low of $41.60 and a twelve month high of $87.62. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The business’s fifty day moving average is $81.92 and its 200 day moving average is $68.92.
General Motors announced that its Board of Directors has authorized a stock repurchase program on Tuesday, January 27th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
General Motors Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from General Motors’s previous quarterly dividend of $0.15. General Motors’s payout ratio is presently 19.93%.
Analyst Ratings Changes
Several analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Thursday, January 22nd. Mizuho upped their price objective on shares of General Motors from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Benchmark increased their price objective on shares of General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday. Royal Bank Of Canada raised their target price on shares of General Motors from $92.00 to $107.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, TD Cowen reaffirmed a “buy” rating on shares of General Motors in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $89.52.
View Our Latest Stock Analysis on GM
Key Stories Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Breakthrough charging tech: GM announced XFC cell technology that can recharge an EV battery in just over 5 minutes — a potential game-changer for EV competitiveness and resale/value prospects if it scales. GM XFC Cell Tech Allows EV Battery Recharging In Just Over 5 Minutes
- Positive Sentiment: Analyst lift on near-term earnings: Zacks Research raised Q2 EPS estimates for GM, supporting the view of stronger short-term profitability and helping justify current multiples. Q2 EPS Estimates for General Motors Lifted by Zacks Research
- Positive Sentiment: Value case highlighted: A Zacks piece argues GM looks like a strong value stock on style/valuation metrics — useful for investors attracted to yield/turnaround stories. Here’s Why General Motors (GM) is a Strong Value Stock
- Neutral Sentiment: Service/quality actions: GM issued fixes for ticking noises in several truck/SUV engines — reduces potential warranty/PR fallout but signals ongoing aftersales support needs. GM Releases Fix For Chevy Silverado, Colorado, Traverse Engine Ticking Noise
- Neutral Sentiment: Product strategy noise: Media coverage about internal disputes over the next-gen Camaro and the GM/Allison split highlights strategic choices that may reshape product mix but have unclear near-term EPS impact. Inside GM’s war over the next-generation Chevrolet Camaro How GM and Allison’s split could change heavy duty trucks
- Negative Sentiment: Analyst haircut to several quarterly EPS estimates: Zacks issued modest downgrades to multiple upcoming quarter estimates (Q1/Q4 2026 and Q1/Q2 2027), which creates short-term pressure on forward guidance expectations. (report excerpt)
- Negative Sentiment: Industry writedowns and EV demand weakness: A WSJ report says Detroit automakers face a roughly $50B hit as EV investment is being scaled back amid cooling demand — a sector-level risk that could pressure GM’s EV plans and long-term margins. Detroit Automakers Take $50 Billion Hit as EV Bubble Bursts
- Negative Sentiment: Recall/service tweak for 6.2L V8: GM’s recalled 6.2‑liter V8 will now use thicker oil — an operational/service change that underscores quality/recall risk and could carry warranty costs or reputational impact. GM’s recalled 6.2-liter V8 now gets thicker oil — here’s the real reason
- Positive Sentiment: Contract/settlement upside: Coverage indicates Honda may be required to compensate GM for poor EV sales under their deal, which would be a modest positive offset to EV revenue risks. Honda Being Forced to Compensate General Motors for Poor EV Sales
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.
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