CIBC Bancorp USA Inc. Buys New Position in General Motors Company $GM

CIBC Bancorp USA Inc. purchased a new position in General Motors Company (NYSE:GM) (TSE:GMM.U) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 131,689 shares of the auto manufacturer’s stock, valued at approximately $8,029,000.

A number of other institutional investors have also recently made changes to their positions in GM. Steigerwald Gordon & Koch Inc. bought a new position in General Motors during the third quarter valued at approximately $29,000. Kelleher Financial Advisors bought a new stake in shares of General Motors in the 3rd quarter worth approximately $29,000. JPL Wealth Management LLC bought a new stake in shares of General Motors in the 3rd quarter worth approximately $32,000. Armstrong Advisory Group Inc. boosted its stake in shares of General Motors by 94.6% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 265 shares in the last quarter. Finally, ESL Trust Services LLC bought a new position in shares of General Motors during the 3rd quarter valued at $37,000. Institutional investors own 92.67% of the company’s stock.

General Motors Stock Down 1.4%

Shares of GM stock opened at $72.74 on Friday. 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 one year low of $41.60 and a one year high of $87.62. The company’s fifty day moving average price is $79.76 and its 200-day moving average price is $72.71. The company has a market capitalization of $65.75 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 0.40 and a beta of 1.37.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.25. The business had revenue of $45.29 billion during the quarter, compared to analyst estimates of $45.81 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.General Motors’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.92 EPS. 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 EPS for the current fiscal year.

General Motors declared that its board has authorized a stock 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 repurchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

General Motors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, March 6th were given 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 dividend yield of 1.0%. The ex-dividend date was Friday, March 6th. General Motors’s dividend payout ratio (DPR) is 23.92%.

General Motors News Roundup

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

• Positive Sentiment: GM’s CFO said slower EV growth creates an opportunity and expects the EV-related cash headwind to be “behind us” by the end of Q2, signaling management expects improving near-term cash flow from EV investments. GM CFO: Lower EV growth presents opportunity
• Positive Sentiment: GM is pivoting some battery capacity toward energy storage and rehiring ~700 workers, a move that can reduce EV plant idle costs and improve asset utilization if execution continues. GM shifts from EV batteries to energy storage, bringing back 700 workers
• Positive Sentiment: GM is changing its U.S. used-vehicle strategy to better compete with online platforms like Carvana, which could boost dealer margins and accelerate higher-margin used-vehicle revenue. General Motors (GM) Moves to Boost its Dealers’ Used-car Operations
• Positive Sentiment: Analysts and write-ups highlight OnStar and software/subscription growth as a margin-enhancing lever for GM, supporting longer-term profitability even as EV losses compress near-term margins. Is General Motors Stock a Buy Now on OnStar’s Growth Potential?
• Neutral Sentiment: Coverage comparing GM and Tesla notes GM is gaining EV market share in some segments — important context for investors but not an immediate catalyst on its own. Should Tesla be Worried About General Motors?
• Neutral Sentiment: Reports say GM’s Ultium/assembly footprint is consolidating (one primary EV battery hub), which could concentrate capex and simplify operations but raises execution risk if capacity mismatches occur. Ultium Cells facility expected to become GM’s lone EV battery hub
• Negative Sentiment: Macro/policy headwinds persist: analyses attribute billions in lost profits to tariffs on steel and aluminum, a cost pressure that weighs on margins for all U.S. automakers including GM. Trump’s Tariffs Cost US Carmakers $35 Billion and Counting
• Negative Sentiment: Consumer-facing product notices (e.g., warranty limitations around fuel mistakes) and recent coolant-leak fixes highlight ongoing quality/service risks that can depress resale values and increase aftersales costs. GM’s Flint Assembly just built its 16-millionth vehicle

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GM. Mizuho lifted their target price on shares of General Motors from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Barclays set a $110.00 price target on shares of General Motors in a research report on Wednesday, January 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a report on Thursday, January 22nd. Royal Bank Of Canada boosted their target price on General Motors from $92.00 to $107.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Finally, Jefferies Financial Group increased their target price on General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Two investment 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.39.

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.