Caerus Investment Advisors LLC Buys Shares of 12,985 General Motors Company $GM

Caerus Investment Advisors LLC bought a new position in shares of General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,985 shares of the auto manufacturer’s stock, valued at approximately $792,000.

A number of other large investors have also recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. purchased a new stake in General Motors during the 3rd quarter worth about $29,000. Kelleher Financial Advisors purchased a new position in General Motors during the 3rd quarter valued at about $29,000. JPL Wealth Management LLC bought a new stake in shares of General Motors during the third quarter valued at about $32,000. Armstrong Advisory Group Inc. lifted its holdings 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 worth $33,000 after buying an additional 265 shares in the last quarter. Finally, ESL Trust Services LLC purchased a new stake in shares of General Motors in the third quarter worth about $37,000. 92.67% of the stock is owned by institutional investors.

More General Motors News

Here are the key news stories impacting General Motors this week:

General Motors Stock Up 1.6%

Shares of NYSE GM opened at $74.08 on Wednesday. General Motors Company has a 12 month low of $41.60 and a 12 month high of $87.62. 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 firm has a market capitalization of $66.97 billion, a price-to-earnings ratio of 24.61, a PEG ratio of 0.39 and a beta of 1.37. The business has a 50-day moving average of $80.35 and a 200-day moving average of $72.60.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last announced its earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $0.25. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The business had revenue of $45.29 billion for the quarter, compared to the consensus estimate of $45.81 billion. During the same period last year, the firm posted $1.92 earnings per share. General Motors’s quarterly revenue was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Sell-side analysts expect that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors declared that its board has initiated a share repurchase program on Tuesday, January 27th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the auto manufacturer to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are often 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 $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 1.0%. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s payout ratio is currently 23.92%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Wall Street Zen cut shares of General Motors from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Piper Sandler reiterated an “overweight” rating and issued a $105.00 target price (up from $98.00) on shares of General Motors in a research note on Wednesday, January 28th. Evercore raised their price target on shares of General Motors from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Thursday, January 22nd. Finally, UBS Group upped their price target on shares of General Motors from $97.00 to $102.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Two 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and a consensus target price of $91.39.

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General Motors Profile

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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