Assenagon Asset Management S.A. Has $83.22 Million Holdings in General Motors Company $GM

Assenagon Asset Management S.A. cut its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 50.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,023,328 shares of the auto manufacturer’s stock after selling 1,022,281 shares during the period. Assenagon Asset Management S.A. owned 0.11% of General Motors worth $83,217,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of GM. Tiemann Investment Advisors LLC increased its holdings in shares of General Motors by 3.1% in the third quarter. Tiemann Investment Advisors LLC now owns 5,045 shares of the auto manufacturer’s stock valued at $308,000 after purchasing an additional 150 shares in the last quarter. Hemington Wealth Management lifted its holdings in General Motors by 14.5% during the 3rd quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer’s stock worth $74,000 after buying an additional 154 shares in the last quarter. Fielder Capital Group LLC boosted its position in General Motors by 3.3% in the 3rd quarter. Fielder Capital Group LLC now owns 5,131 shares of the auto manufacturer’s stock valued at $313,000 after buying an additional 163 shares during the last quarter. Resonant Capital Advisors LLC boosted its position in General Motors by 3.4% in the 3rd quarter. Resonant Capital Advisors LLC now owns 5,222 shares of the auto manufacturer’s stock valued at $318,000 after buying an additional 171 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of General Motors by 3.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 5,732 shares of the auto manufacturer’s stock valued at $466,000 after buying an additional 172 shares during the period. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GM has been the subject of a number of recent research reports. HSBC boosted their target price on General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Benchmark lifted their price objective on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Piper Sandler reissued an “overweight” rating and set a $105.00 price objective (up from $98.00) on shares of General Motors in a report on Wednesday, January 28th. Jefferies Financial Group upped their target price on shares of General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Finally, TD Cowen reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, January 28th. Two equities 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 assigned a Sell rating to the stock. Based on data from MarketBeat, General Motors currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.39.

More General Motors News

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

• Positive Sentiment: GM has begun public-road testing of its next‑generation “eyes off” automated driving system that the company plans to commercialize on the 2028 Cadillac Escalade IQ — a direct signal that GM’s software and ADAS roadmap is advancing toward revenue-generating products. This raises the prospect of software monetization and competitive differentiation. GM’s Eyes Off Driving Tests Put Escalade IQ And Software In Focus
• Positive Sentiment: Multiple outlets report highway/public-road testing of GM’s next‑gen autonomous driving tech in Michigan and California — confirmation from several sources that testing is broader than a pilot and supports a 2028 commercialization timeline. This reduces execution uncertainty around advanced driver programs. GM Just Started Testing Autonomous Vehicle Features On Public Roads
• Positive Sentiment: Analyst and market sentiment is generally supportive after GM’s strategic presentation at industry events; falling crude oil prices are also cited as a near-term demand tailwind for vehicle purchases — both factors helping sentiment and near-term sales outlook. What drove General Motors stock higher on Monday? General Motors Shares Rally As Falling Crude Boosts Outlook For Auto Demand
• Neutral Sentiment: Product moves: GM will discontinue CVTs in Equinox and Terrain and is positioning the Chevy Sonic crossover to lead South America exports — tweaks that reflect portfolio rationalization and regional strategy but are unlikely to move near‑term earnings materially. GM is finally killing the CVT in the Equinox and Terrain Chevy Sonic Crossover To Lead GM South America’s Exports
• Neutral Sentiment: Leadership change: Buick/GMC Executive Director of Design Sharon Gauci retired — relevant for product design continuity but not an immediate financial driver. Buick, GMC Executive Director of Design Sharon Gauci Retires
• Negative Sentiment: Legacy product/legal/policy chatter: commentary on the reborn Chevrolet Bolt and political/regulatory headwinds could complicate EV rollouts or brand perception; this is a cautionary note for execution on EV and rebadged models. How Trump Accidentally Killed the Resurrected Chevy Bolt Before It Even Got Rolling

General Motors Stock Up 1.1%

NYSE:GM opened at $76.54 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. General Motors Company has a 12-month low of $41.60 and a 12-month high of $87.62. The stock’s fifty day simple moving average is $79.48 and its 200-day simple moving average is $73.17. The firm has a market capitalization of $69.19 billion, a P/E ratio of 25.43, a P/E/G ratio of 0.41 and a beta of 1.37.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $0.25. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The business had revenue of $45.29 billion during the quarter, compared to the consensus estimate of $45.81 billion. During the same quarter in the prior year, the company posted $1.92 earnings per share. The firm’s 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. Equities research analysts expect that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were paid a $0.18 dividend. This is a boost from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s dividend payout ratio (DPR) is currently 23.92%.

General Motors declared that its Board of Directors has initiated a share buyback plan on Tuesday, January 27th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the auto manufacturer to reacquire up to 8.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

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.