Ameriprise Financial Inc. lifted its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 5.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,001,245 shares of the auto manufacturer’s stock after buying an additional 302,140 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.64% of General Motors worth $365,897,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Schonfeld Strategic Advisors LLC lifted its position in shares of General Motors by 20.4% during the third quarter. Schonfeld Strategic Advisors LLC now owns 421,918 shares of the auto manufacturer’s stock worth $25,724,000 after purchasing an additional 71,482 shares during the last quarter. Creative Planning increased its holdings in General Motors by 23.6% in the third quarter. Creative Planning now owns 272,087 shares of the auto manufacturer’s stock valued at $16,589,000 after buying an additional 51,937 shares during the last quarter. Lazard Asset Management LLC increased its holdings in General Motors by 60.1% in the third quarter. Lazard Asset Management LLC now owns 583,547 shares of the auto manufacturer’s stock valued at $35,579,000 after buying an additional 219,046 shares during the last quarter. AQR Capital Management LLC raised its stake in General Motors by 5.5% during the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock valued at $868,986,000 after buying an additional 748,831 shares in the last quarter. Finally, Credit Agricole S A bought a new position in General Motors during the 3rd quarter worth approximately $16,170,000. Institutional investors own 92.67% of the company’s stock.
General Motors Price Performance
Shares of NYSE:GM opened at $72.89 on Tuesday. The stock has a market cap of $65.89 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 0.39 and a beta of 1.37. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.01. General Motors Company has a 12 month low of $41.60 and a 12 month high of $87.62. The stock’s 50 day moving average price is $80.51 and its 200 day moving average price is $72.49.
General Motors announced that its Board of Directors has authorized 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 repurchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.
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 dividend of $0.18 per share. This is an increase from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s dividend payout ratio (DPR) is 23.92%.
Key Stories Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Bank approval opens a new, lower‑cost funding channel (insured deposits) that can reduce GM’s financing costs and support liquidity — a material positive for margins and capital allocation. Is General Motors’ Bank Approval a Game Changer for Funding?
- Positive Sentiment: GM is increasing buybacks/insider share purchases while peers act on repurchases, which supports the share price by reducing float and signalling confidence in cash generation. Ford repurchase seeks to stabilize shares as GM buys more
- Positive Sentiment: GM’s CarBravo used-vehicle platform consolidation (Buick/Chevy/GMC certified programs) should simplify resale channels, improve used-vehicle margins and customer experience — helpful for recurring revenue and retail profitability. Here’s What General Motors (GM) CarBravo Platform Means For Car Buyers
- Positive Sentiment: Pricing competitiveness: coverage shows GM (and Tesla) offering EVs at more aggressive price points than some rivals (e.g., Rivian R2), which supports volume and market share in the mass EV segment. In EV Affordability Race, Tesla, GM Beat Rivian R2 On Price
- Neutral Sentiment: GM plans to replace accessory EV charging adapters — a customer‑service / warranty move that mitigates tech/safety risk but has limited near-term financial impact. GM To Replace Accessory EV Charging Adapters
- Neutral Sentiment: Product updates: GM’s four‑cylinder truck engine is getting more power, which may broaden appeal in light‑duty segments but is incremental to revenue. GM’s controversial 4-cylinder truck engine is getting more power
- Neutral Sentiment: Operational/brand items (one-million‑mile Chevy owner story, GM’s Global Technical Center feature) are positive PR but unlikely to move near‑term fundamentals. GM Tech Bought a Chevy Truck 50 Years Ago, Drove One Million Miles and Is Still Counting Tour General Motors’ Global Technical Center in Michigan
- Negative Sentiment: GM‑based Honda Prologue production is expected to end this year — a potential loss of volume and partnership revenue that could dent near‑term EV unit growth tied to that program. GM-Based Honda Prologue Production Expected To End This Year
- Negative Sentiment: Uncertain Bolt production plans: GM admits Bolt production could be extended past 18 months, creating execution uncertainty on product mix and capital allocation for the EV program. GM Admits It’s Possible To Extend Bolt Production Past 18 Months. But Will It?
Wall Street Analyst Weigh In
GM has been the subject of several research reports. The Goldman Sachs Group set a $104.00 target price on General Motors in a research report on Tuesday, January 27th. Piper Sandler reissued an “overweight” rating and set a $105.00 price target (up from $98.00) on shares of General Motors in a research report on Wednesday, January 28th. HSBC raised their price target on shares of General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Morgan Stanley restated an “overweight” rating and set a $100.00 price objective on shares of General Motors in a research report on Wednesday, January 28th. Finally, Barclays set a $110.00 target price on shares of General Motors in a research note on Wednesday, January 28th. Two 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 company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.39.
View 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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