Choreo LLC boosted its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 51.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,304 shares of the auto manufacturer’s stock after buying an additional 11,280 shares during the quarter. Choreo LLC’s holdings in General Motors were worth $2,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in General Motors by 11.5% in the 2nd quarter. Vanguard Group Inc. now owns 110,759,703 shares of the auto manufacturer’s stock valued at $5,450,485,000 after acquiring an additional 11,418,367 shares during the period. Viking Global Investors LP increased its stake in shares of General Motors by 81.1% in the second 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 raised 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 valued at $499,175,000 after purchasing an additional 54,853 shares during the period. Norges Bank purchased a new stake in shares of General Motors during the 2nd quarter valued at approximately $444,319,000. Finally, Ameriprise Financial Inc. boosted its holdings in General Motors by 8.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,699,105 shares of the auto manufacturer’s stock worth $280,457,000 after buying an additional 424,396 shares during the period. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Stock Down 2.8%
Shares of NYSE GM opened at $78.56 on Monday. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50. The business has a 50-day moving average of $82.09 and a 200-day moving average of $71.11. The firm has a market capitalization of $71.02 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 0.43 and a beta of 1.37. General Motors Company has a 12 month low of $41.60 and a 12 month high of $87.62.
General Motors Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be paid a $0.18 dividend. This is a boost from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s payout ratio is currently 19.93%.
General Motors declared that its Board of Directors has approved a stock repurchase plan on Tuesday, January 27th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the auto manufacturer to repurchase up to 8.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.
Analysts Set New Price Targets
GM has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of General Motors from $82.00 to $83.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Benchmark boosted their price objective on General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. TD Cowen reissued a “buy” rating on shares of General Motors in a report on Wednesday, January 28th. Wedbush lifted their target price on General Motors from $75.00 to $95.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Finally, Citigroup increased their price target on shares of General Motors from $86.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, General Motors presently has an average rating of “Moderate Buy” and an average price target of $89.52.
Get Our Latest Research Report on GM
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Record truck sales and shareholder-return actions boosted near-term revenue and cash-return expectations, supporting GM’s underlying earnings outlook. General Motors Company (GM) Rises on Record Truck Sales and Shareholder Returns
- Positive Sentiment: An investor letter highlighted factors that lifted GM in Q4 (operational strength in key segments), signaling some institutional interest in the stock after recent results. Here’s What Lifted General Motors (GM) in Q4
- Neutral Sentiment: GM expanded the lineup of the Wuling Yangguang EV van in China — product development that can support EV unit growth in non-U.S. markets but has limited near-term impact on U.S. margins. GM’s 2026 Wuling Yangguang EV Van Gets Expanded Lineup
- Neutral Sentiment: Broader industry supply-chain stories (U.S. moves on rare-earth independence) and materials results may affect EV battery supply dynamics over time but are not an immediate driver of GM’s share move. The U.S. Takes A Huge Step In Becoming Rare Earth Independent
- Negative Sentiment: Iowa’s attorney general has sued GM and OnStar, alleging the company sold drivers’ location/data without proper disclosure or consent — a regulatory and reputational risk that can lead to fines, consent decrees or stricter oversight. Iowa accuses General Motors of not disclosing OnStar data sharing
- Negative Sentiment: Recall announced for ~43,732 full-size SUVs over a transmission software issue that could cause rough shifts or rear-wheel lock-up — raises near-term repair costs and may dent consumer confidence. General Motors Recalls 43,732 SUVs Amid Software Transmission Issue
- Negative Sentiment: Data showing GM among the weaker automakers on fleet average fuel economy could increase regulatory scrutiny and highlight EV transition challenges, pressuring valuation multiple expectations. GM Among Worst Automakers In Fleet Average Fuel Economy
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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