General Motors Company $GM Stake Boosted by Bank of Nova Scotia

Bank of Nova Scotia increased its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 95.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 292,931 shares of the auto manufacturer’s stock after acquiring an additional 142,740 shares during the period. Bank of Nova Scotia’s holdings in General Motors were worth $17,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in General Motors by 456.1% in the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after purchasing an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock valued at $913,000 after buying an additional 7,058 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of General Motors by 3.6% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 235,797 shares of the auto manufacturer’s stock valued at $11,604,000 after buying an additional 8,253 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of General Motors by 5.3% in the 2nd quarter. Avantax Advisory Services Inc. now owns 74,928 shares of the auto manufacturer’s stock valued at $3,687,000 after buying an additional 3,797 shares in the last quarter. Finally, Citizens Financial Group Inc. RI increased its holdings in General Motors by 39.5% in the second quarter. Citizens Financial Group Inc. RI now owns 8,261 shares of the auto manufacturer’s stock worth $407,000 after buying an additional 2,338 shares during the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

General Motors Stock Up 0.7%

Shares of General Motors stock opened at $72.89 on Tuesday. General Motors Company has a 12-month low of $41.60 and a 12-month high of $87.62. 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 50 day moving average price of $80.51 and a two-hundred day moving average price of $72.49. The stock has a market capitalization of $65.89 billion, a P/E ratio of 24.22, a PEG ratio of 0.39 and a beta of 1.37.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results 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 net margin of 1.46% and a return on equity of 14.72%. The company had revenue of $45.29 billion for the quarter, compared to analyst estimates of $45.81 billion. During the same quarter last year, the firm posted $1.92 earnings per share. The company’s quarterly revenue was down 5.1% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Equities analysts expect that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Increases Dividend

The company 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 $0.18 dividend. This is a boost from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 6th. This represents a $0.72 annualized dividend and a yield of 1.0%. General Motors’s payout ratio is 23.92%.

General Motors announced that its Board of Directors has initiated a stock buyback plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the auto manufacturer to purchase 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 stock is undervalued.

General Motors News Roundup

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

• Positive Sentiment: Bank approval opens a new, lower‑cost funding channel (insured deposits) that can reduce GM’s financing costs and support liquidity — a material positive for margins and capital allocation. Is General Motors’ Bank Approval a Game Changer for Funding?
• Positive Sentiment: GM is increasing buybacks/insider share purchases while peers act on repurchases, which supports the share price by reducing float and signalling confidence in cash generation. Ford repurchase seeks to stabilize shares as GM buys more
• Positive Sentiment: GM’s CarBravo used-vehicle platform consolidation (Buick/Chevy/GMC certified programs) should simplify resale channels, improve used-vehicle margins and customer experience — helpful for recurring revenue and retail profitability. Here’s What General Motors (GM) CarBravo Platform Means For Car Buyers
• Positive Sentiment: Pricing competitiveness: coverage shows GM (and Tesla) offering EVs at more aggressive price points than some rivals (e.g., Rivian R2), which supports volume and market share in the mass EV segment. In EV Affordability Race, Tesla, GM Beat Rivian R2 On Price
• Neutral Sentiment: GM plans to replace accessory EV charging adapters — a customer‑service / warranty move that mitigates tech/safety risk but has limited near-term financial impact. GM To Replace Accessory EV Charging Adapters
• Neutral Sentiment: Product updates: GM’s four‑cylinder truck engine is getting more power, which may broaden appeal in light‑duty segments but is incremental to revenue. GM’s controversial 4-cylinder truck engine is getting more power
• Neutral Sentiment: Operational/brand items (one-million‑mile Chevy owner story, GM’s Global Technical Center feature) are positive PR but unlikely to move near‑term fundamentals. GM Tech Bought a Chevy Truck 50 Years Ago, Drove One Million Miles and Is Still Counting Tour General Motors’ Global Technical Center in Michigan
• Negative Sentiment: GM‑based Honda Prologue production is expected to end this year — a potential loss of volume and partnership revenue that could dent near‑term EV unit growth tied to that program. GM-Based Honda Prologue Production Expected To End This Year
• Negative Sentiment: Uncertain Bolt production plans: GM admits Bolt production could be extended past 18 months, creating execution uncertainty on product mix and capital allocation for the EV program. GM Admits It’s Possible To Extend Bolt Production Past 18 Months. But Will It?

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on GM shares. Zacks Research lowered shares of General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Morgan Stanley reissued an “overweight” rating and issued a $100.00 target price on shares of General Motors in a research report on Wednesday, January 28th. Piper Sandler restated an “overweight” rating and set a $105.00 price target (up from $98.00) on shares of General Motors in a report on Wednesday, January 28th. TD Cowen reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, January 28th. Finally, HSBC upped their price objective on shares of General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $91.39.

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.