Atria Investments Inc lessened its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 3.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 201,772 shares of the auto manufacturer’s stock after selling 6,622 shares during the period. Atria Investments Inc’s holdings in General Motors were worth $12,302,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of General Motors by 11.5% during the 2nd quarter. Vanguard Group Inc. now owns 110,759,703 shares of the auto manufacturer’s stock valued at $5,450,485,000 after acquiring an additional 11,418,367 shares during the last quarter. Viking Global Investors LP grew its stake in shares of General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after buying an additional 5,830,050 shares during the last quarter. Legal & General Group Plc increased its stake in General Motors by 0.5% in the second quarter. Legal & General Group Plc now owns 10,143,779 shares of the auto manufacturer’s stock worth $499,175,000 after purchasing an additional 54,853 shares during the period. Norges Bank purchased a new position in General Motors in the 2nd quarter worth about $444,319,000. Finally, Ameriprise Financial Inc. increased its position in shares of General Motors by 8.0% during the second quarter. Ameriprise Financial Inc. now owns 5,699,105 shares of the auto manufacturer’s stock worth $280,457,000 after acquiring an additional 424,396 shares during the period. 92.67% of the stock is owned by institutional investors.
General Motors Price Performance
Shares of NYSE:GM opened at $79.84 on Friday. 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 twelve month low of $41.60 and a twelve month high of $87.62. The company’s 50 day moving average is $81.82 and its 200 day moving average is $68.73. The company has a market cap of $72.17 billion, a PE ratio of 26.53, a price-to-earnings-growth ratio of 0.44 and a beta of 1.36.
General Motors Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.9%. This is a positive change from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s dividend payout ratio is 19.93%.
General Motors announced that its Board of Directors has approved 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 reacquire up to 8.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on GM shares. The Goldman Sachs Group set a $104.00 price target on General Motors in a research report on Tuesday, January 27th. Citigroup raised their target price on shares of General Motors from $86.00 to $98.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of General Motors from $82.00 to $83.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Barclays set a $110.00 price objective on shares of General Motors in a research note on Wednesday, January 28th. Finally, Wall Street Zen downgraded shares of General Motors from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $89.52.
Check Out Our Latest Research Report on General Motors
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: DZ Bank upgraded GM to Buy and set a $98 price target, signaling meaningful upside vs. current levels and supporting investor appetite for the stock. DZ Bank upgrade
- Positive Sentiment: Reports indicate Honda may owe GM compensation tied to weak Honda EV sales under their commercial arrangements — a potential one‑time gain or recurring adjustment that would help GM’s EV economics. Honda compensation story
- Positive Sentiment: Zacks Research raised several medium‑ to long‑range estimates (FY2026/FY2027 and some Q2–Q3 projections), implying better earnings power ahead — a supportive signal for medium‑term valuation. (Zacks maintains a Hold rating.)
- Neutral Sentiment: Coverage of GM’s strategic split with Allison discusses potential changes to GM’s heavy‑duty truck strategy — strategic implications exist but timing/financial impact are unclear. Allison split
- Neutral Sentiment: Reporting on internal debates over the next‑generation Chevrolet Camaro highlights product/branding decisions that could affect margins and allocation of R&D/capex, but no immediate financial readthrough. Camaro story
- Neutral Sentiment: GM issued a service fix for ticking noises on Silverado/Colorado/Traverse engines — reduces customer complaints and potential reputational damage, though it may result in warranty costs. Engine ticking fix
- Negative Sentiment: MSN reports on a recall/campaign for GM’s 6.2‑liter V8 that includes a change to thicker engine oil to address wear — a reminder of recall and warranty expense risk that can pressure near‑term margins and investor sentiment. 6.2L V8 recall
- Negative Sentiment: Zacks trimmed several near‑term EPS forecasts (Q1 2026, Q4 2026, Q1/Q2 2027) — small downgrades that could temper expectations for the next few quarters even as Zacks raised some longer‑term estimates. (Zacks remains at Hold.)
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.
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