AXQ Capital LP bought a new stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,261 shares of the auto manufacturer’s stock, valued at approximately $626,000.
Several other hedge funds have also recently modified their holdings of GM. Hemington Wealth Management increased its holdings in General Motors by 14.5% in the 3rd quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer’s stock worth $74,000 after buying an additional 154 shares in the last quarter. Fielder Capital Group LLC boosted its holdings in shares of General Motors by 3.3% during the 3rd quarter. Fielder Capital Group LLC now owns 5,131 shares of the auto manufacturer’s stock valued at $313,000 after acquiring an additional 163 shares during the last quarter. Resonant Capital Advisors LLC grew its stake in shares of General Motors by 3.4% in the third quarter. Resonant Capital Advisors LLC now owns 5,222 shares of the auto manufacturer’s stock worth $318,000 after acquiring an additional 171 shares during the period. Unison Advisors LLC grew its stake in shares of General Motors by 0.3% in the third quarter. Unison Advisors LLC now owns 68,272 shares of the auto manufacturer’s stock worth $4,163,000 after acquiring an additional 196 shares during the period. Finally, Synovus Financial Corp raised its holdings in shares of General Motors by 0.9% during the third quarter. Synovus Financial Corp now owns 21,203 shares of the auto manufacturer’s stock valued at $1,293,000 after purchasing an additional 199 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Stock Performance
Shares of GM opened at $81.28 on Wednesday. The business has a 50-day simple moving average of $82.13 and a two-hundred day simple moving average of $70.56. 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. The stock has a market cap of $73.48 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 0.44 and a beta of 1.36.
General Motors Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, March 6th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s dividend payout ratio is currently 19.93%.
General Motors announced that its Board of Directors has initiated a share buyback program 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 programs are often a sign that the company’s board believes its stock is undervalued.
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Software/subscription growth seen as a key long-term catalyst for recurring revenue and margins — analysts highlight OnStar/Super Cruise and software monetization as upside drivers for GM. How GM’s High-Margin Software Engine Is Becoming a Key Catalyst
- Positive Sentiment: GM is expanding OnStar and Super Cruise into an Arab market, supporting subscription growth and geographically diversifying software revenue opportunities. GM Promoting OnStar And Super Cruise In This Arab Market
- Neutral Sentiment: EV/PHEV market reports show large addressable growth through 2033; GM is listed among major players but faces intense competition from BYD and other global OEMs. Plug in Hybrid Electric Vehicle Competitive Landscape Report 2025
- Neutral Sentiment: Macro/competitive coverage highlights BYD’s strength and Ford’s energy/EV positioning — useful context for GM’s market share and margin outlook but not an immediate company-specific catalyst. BYD Shows It Is King Of The EV Market
- Negative Sentiment: GM announced a recall of thousands of SUVs over a transmission issue that could increase crash risk — this raises potential repair costs, regulatory scrutiny and reputational damage. General Motors Recalls SUVs After Transmission Issue Could Lead to Crashes
- Negative Sentiment: Additional reports put the recall tally around ~43,000 large SUVs and similar actions across model lines, amplifying repair/logistics costs and potential recall-related PR. Safety concern prompts GM to recall 43,000 large SUVs
- Negative Sentiment: Separately, GM is addressing software-related incorrect repairs on large trucks and issued fixes for an EV front footwell water leak — a continued stream of quality fixes that could raise warranty and service costs. GM Recalls Incorrectly Repaired Large Trucks Over Software Issue
- Negative Sentiment: Legal exposure: GM faces class actions and lawsuits alleging brake defects and failing vacuum pumps on multiple SUVs — potential settlement or litigation costs add to downside risk. GM Hit With Class Action Lawsuit Over Failing Brake Booster Vacuum Pumps
- Negative Sentiment: Consumer reports that some GM trucks misreport fuel levels highlight ongoing quality/UX issues that can erode brand trust and resale values. Some GM Trucks Are Lying About How Much Fuel They Have
Wall Street Analysts Forecast Growth
A number of research firms have commented on GM. TD Cowen reaffirmed a “buy” rating on shares of General Motors in a research report on Wednesday, January 28th. Benchmark raised their price target on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Piper Sandler reiterated an “overweight” rating and set a $105.00 price objective (up from $98.00) on shares of General Motors in a research report on Wednesday, January 28th. Mizuho increased their target price on General Motors from $100.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, Evercore boosted their price target on General Motors from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $89.52.
Read Our Latest Research Report 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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