Perpetual Ltd decreased its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 54.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,962 shares of the auto manufacturer’s stock after selling 15,502 shares during the quarter. Perpetual Ltd’s holdings in General Motors were worth $1,054,000 as of its most recent filing with the SEC.
Other hedge funds have also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC grew its position in General Motors by 500.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 275 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in shares of General Motors during the 3rd quarter valued at $29,000. Kelleher Financial Advisors acquired a new stake in shares of General Motors in the 3rd quarter valued at $29,000. Founders Capital Management acquired a new stake in shares of General Motors in the 4th quarter valued at $31,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of General Motors in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 92.67% of the company’s stock.
General Motors Stock Up 0.1%
GM opened at $72.58 on Monday. The business has a 50 day moving average of $78.47 and a 200-day moving average of $74.05. The stock has a market capitalization of $65.61 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 0.39 and a beta of 1.34. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50. General Motors Company has a 1-year low of $41.60 and a 1-year high of $87.62.
General Motors announced that its board has authorized a share repurchase program on Tuesday, January 27th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the auto manufacturer to repurchase up to 8.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.
General Motors Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, March 6th. This is a positive change from General Motors’s previous quarterly dividend of $0.15. General Motors’s payout ratio is presently 23.92%.
Wall Street Analysts Forecast Growth
GM has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on shares of General Motors from $82.00 to $83.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. Wolfe Research raised General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target for the company in a research report on Wednesday, March 25th. Citigroup upped their price target on General Motors from $86.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Evercore increased their price objective on General Motors from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Finally, The Goldman Sachs Group set a $104.00 price objective on General Motors in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $91.38.
View Our Latest Stock Analysis on GM
Key Stories Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM announced a >$150M investment at its Saginaw casting facility to install new equipment and tooling, signaling capex toward higher-margin manufacturing and supporting ICE/truck production. GM to invest over $150m in Saginaw casting facility
- Positive Sentiment: GM kept its leadership in Canada in Q1 (15.5% share), backed by SUVs, EVs and full‑size pickups — a regional bright spot for volumes and margin mix. GM Remains Canada’s Sales Leader in Q1 2026
- Positive Sentiment: Some outlets profile GM as an undervalued value play with a consensus price target notably above current levels, which could attract value-focused investors amid the pullback. General Motors (GM): One of the Most Undervalued Value Stocks to Buy Right Now
- Neutral Sentiment: LG Energy Solution joined SDVerse (automotive software marketplace), a development in the EV ecosystem that highlights growing software/service competition and partnerships across the supply chain — relevant for long-term EV platform dynamics. LG Energy Solution Becomes First Battery Company to Join SDVerse
- Neutral Sentiment: Industry lobbying to replace the US gas tax with a vehicle fee was reported — a policy shift that could alter running-cost economics for consumers and infrastructure funding, with indirect implications for vehicle demand. Auto industry group calls for scrapping US gas tax
- Negative Sentiment: Investors reacted to a near‑10% year‑over‑year decline in Q1 vehicle deliveries (626,429 units), the steepest drop in years, which markets viewed as evidence of demand softness amid high rates, higher fuel costs and elevated vehicle prices. GM stock falls as Q1 sales slump, high rates and gas weigh demand
- Negative Sentiment: GM is scaling back some EV production at Factory ZERO and temporarily laying off ~1,300 workers while increasing ICE truck output and pausing certain EV operations — a near‑term hit to EV momentum that raises execution and narrative risk. General Motors Resets EV Plans As Valuation Signals Potential Upside
- Negative Sentiment: Reports show EV and hybrid sales weakness industry‑wide (including Ford and GM), with EV sales plunging after prior tax-credit driven distortions — adds near‑term revenue/mix pressure for GM’s EV push. Ford, GM EV Sales Plummet. What That Means for the Stocks.
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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