CenterBook Partners LP purchased a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,927 shares of the auto manufacturer’s stock, valued at approximately $483,000.
Other institutional investors have also modified their holdings of the company. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of General Motors in the third quarter worth about $29,000. Armstrong Advisory Group Inc. boosted its position in General Motors by 94.6% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 265 shares in the last quarter. ESL Trust Services LLC acquired a new stake in shares of General Motors during the 3rd quarter worth approximately $37,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of General Motors during the 2nd quarter valued at approximately $38,000. Finally, Optimum Investment Advisors lifted its stake in shares of 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 purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Price Performance
NYSE:GM opened at $81.44 on Friday. The stock has a 50 day moving average of $82.19 and a two-hundred day moving average of $70.06. General Motors Company has a 12 month low of $41.60 and a 12 month high of $87.62. The firm has a market cap of $73.62 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 0.45 and a beta of 1.36. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50.
General Motors announced that its board has approved a share buyback plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the auto manufacturer to buy up to 8.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.
General Motors Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, March 6th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. This is a positive change from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 6th. General Motors’s dividend payout ratio (DPR) is currently 19.93%.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Chevrolet is increasing production of the Corvette ZR1, signaling strong demand for high‑margin performance models and potential incremental revenue. Chevrolet Is Building More Corvette ZR1s Than Originally Expected
- Positive Sentiment: GM announced multi‑million dollar investment in Canadian facilities to build next‑gen pickups — supports EV/ICE pickup capacity, secures local production rules of origin, and underpins future revenue and job stability. GM Is Pouring Millions Into Canada To Build Its Next-Gen Pickups
- Positive Sentiment: Supreme Court action rescinding certain tariffs may reduce input cost pressure for auto OEMs and suppliers, a tailwind to margins if sustained. Investors are watching the broader tariff outcome for upside to GM’s cost outlook. Stocks to Watch as the Supreme Court Rescinds President Trump’s Tariffs
- Neutral Sentiment: Erste Group slightly trimmed its FY2027 EPS estimate for GM (from $14.30 to $14.26) — a marginal analyst tweak that is unlikely to materially change consensus but keeps focus on long‑run EPS trajectory vs. the street. Erste Group lowers FY2027 EPS estimate for General Motors
- Neutral Sentiment: Wall Street commentary suggests the tariff decision’s net impact may be small or offset by future actions — adds uncertainty but not a definitive catalyst either way. What Wall Street Is Saying About the Tariffs Ruling
- Neutral Sentiment: Detroit automakers raised concerns to the White House about potential new tariffs — signals ongoing policy risk that investors will monitor but no immediate financial impact reported. Detroit Automakers Raise Concern to White House About Potential New Tariffs
- Negative Sentiment: GM is recalling roughly 43,000 full‑size SUVs over a transmission issue that can lock rear wheels — recall costs, warranty reserve increases and short‑term reputational damage could pressure margins and near‑term investor sentiment. GM recalls 43,000 SUVs over transmission issue that can lock rear wheels
- Negative Sentiment: Related engineering/recall headlines on GM’s 6.2L V8 L87 engines and oil compatibility keep warranty/recall risk in focus—could add additional repair costs and dealer service load if replacements/repairs lag. GM 6.2L V8 L87 Recall: How’s Your Unreplaced Engine With 0W-40 Oil Doing So Far?
Analyst Ratings Changes
Several research firms recently commented on GM. DZ Bank upgraded shares of General Motors from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research report on Thursday, January 29th. Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Benchmark upped their price target on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Mizuho raised their price objective on General Motors from $100.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, Royal Bank Of Canada upped their target price on General Motors from $92.00 to $107.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $89.52.
View Our Latest Analysis on General Motors
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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