Comerica Bank Lowers Stake in General Motors Company $GM

Comerica Bank reduced its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 18.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,195 shares of the auto manufacturer’s stock after selling 41,240 shares during the quarter. Comerica Bank’s holdings in General Motors were worth $15,060,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. SteelPeak Wealth LLC purchased a new stake in shares of General Motors during the 3rd quarter worth about $3,411,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of General Motors by 20.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 235,793 shares of the auto manufacturer’s stock worth $13,502,000 after acquiring an additional 39,650 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of General Motors by 7.9% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 194,869 shares of the auto manufacturer’s stock worth $11,882,000 after acquiring an additional 14,209 shares in the last quarter. M&T Bank Corp boosted its stake in shares of General Motors by 82.0% during the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock worth $5,860,000 after acquiring an additional 32,474 shares in the last quarter. Finally, Legacy Capital Group California Inc. raised its position in shares of General Motors by 206.4% during the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock worth $1,708,000 after purchasing an additional 14,150 shares during the last quarter. 92.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on GM shares. Bank of America started coverage on shares of General Motors in a research report on Wednesday, March 4th. They set a “buy” rating and a $105.00 price target for the company. Jefferies Financial Group upped their price target on shares of General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. Citigroup upped their price target on shares of General Motors from $86.00 to $98.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, Wolfe Research upgraded shares of 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. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, General Motors presently has a consensus rating of “Moderate Buy” and an average target price of $91.25.

General Motors Stock Up 1.2%

GM opened at $78.86 on Wednesday. The company has a market cap of $71.29 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 0.43 and a beta of 1.34. 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 twelve month low of $44.72 and a twelve month high of $87.62. The company has a 50-day moving average price of $76.73 and a 200 day moving average price of $76.29.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $1.12. The company had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.60 billion. General Motors had a net margin of 1.46% and a return on equity of 14.72%. General Motors’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts expect that General Motors Company will post 12.43 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be issued a $0.18 dividend. The ex-dividend date is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio is presently 23.92%.

General Motors announced that its board has approved a share buyback 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 stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

General Motors News Summary

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

• Positive Sentiment: Q1 beat and stronger margins — GM posted adjusted EPS of $3.70 and adjusted EBIT of about $4.3B, beating Street estimates and showing margin resilience. Reuters: GM’s core profit rises 22% on strong US truck sales
• Positive Sentiment: Tariff refund and raised guidance — The Supreme Court ruling reduces tariff costs and GM expects roughly a $500M refund, prompting management to lift adjusted‑EBIT guidance for 2026. That directly improves near‑term earnings power. Forbes: GM Expects $500M Tariff Refund
• Positive Sentiment: Dividend declared — GM announced a quarterly cash dividend of $0.18/share (record June 5), adding modest income support and signaling confidence in cash flow. Yahoo Finance: GM releases Q1 results, declares dividend
• Neutral Sentiment: Analyst and options action — Wedbush reaffirmed an outperform with a $95 target, and unusually large call buying ahead of earnings indicates speculative bullish positioning; these can amplify moves but are not proof of fundamentals.
• Negative Sentiment: Memory‑chip/supplier issues flagged — Management noted a semiconductor/memory chip problem that could pressure production or costs going forward, creating near‑term operational risk. Yahoo Finance: GM Earnings Survived the Oil Shock. The Memory Chip Problem Is Another Thing.
• Negative Sentiment: Top‑line softness and macro costs — Revenue was essentially flat (-0.9% YoY) and some investors reacted poorly to the lack of revenue growth plus higher oil/gas and Iran‑related cost uncertainty despite healthy transaction prices. That contributed to shares slipping after an initial pop. CNBC: Iran war causing cost increases

General Motors Company 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.