Groupama Asset Managment acquired a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 8,258 shares of the auto manufacturer’s stock, valued at approximately $503,000.
Several other large investors have also modified their holdings of GM. Brighton Jones LLC increased its holdings in shares of General Motors by 456.1% in the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock valued at $2,062,000 after acquiring an additional 31,755 shares during the period. Sivia Capital Partners LLC boosted its stake in General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after purchasing an additional 7,058 shares during the period. Wealthspire Advisors LLC acquired a new stake in General Motors during the 2nd quarter worth $221,000. Dynamic Technology Lab Private Ltd purchased a new position in General Motors during the 2nd quarter worth $480,000. Finally, Prudential PLC increased its stake in General Motors by 36.0% in the second quarter. Prudential PLC now owns 25,865 shares of the auto manufacturer’s stock valued at $1,273,000 after purchasing an additional 6,846 shares during the period. 92.67% of the stock is owned by institutional investors and hedge funds.
General Motors Trading Down 1.4%
NYSE GM opened at $72.74 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $65.75 billion, a P/E ratio of 24.17, a P/E/G ratio of 0.39 and a beta of 1.37. General Motors Company has a 52-week low of $41.60 and a 52-week high of $87.62. The firm has a 50-day moving average price of $79.76 and a 200 day moving average price of $72.81.
General Motors announced that its board has approved a share repurchase plan 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 shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.
General Motors Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, March 6th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, March 6th. General Motors’s dividend payout ratio (DPR) is presently 23.92%.
Key General Motors News
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 Ratings Changes
A number of brokerages have recently commented on GM. Citigroup upped their target price on shares of General Motors from $86.00 to $98.00 and gave the company a “buy” rating in a report on Monday, January 12th. Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. HSBC increased their price objective on General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. TD Cowen reissued a “buy” rating on shares of General Motors in a report on Wednesday, January 28th. Finally, Royal Bank Of Canada upped their price target on General Motors from $92.00 to $107.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. 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 given a Sell rating to the company. Based on data from MarketBeat, General Motors currently has an average rating of “Moderate Buy” and an average target price of $91.39.
Get Our Latest Analysis on General Motors
About General Motors
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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