CM Wealth Advisors LLC Makes New $545,000 Investment in General Motors Company $GM

CM Wealth Advisors LLC bought a new stake in shares of General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,697 shares of the auto manufacturer’s stock, valued at approximately $545,000.

Several other hedge funds also recently modified their holdings of the business. PDS Planning Inc raised its stake in shares of General Motors by 3.4% during the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after buying an additional 131 shares during the last quarter. Kentucky Trust Co boosted its stake in General Motors by 5.1% in the fourth quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer’s stock valued at $239,000 after acquiring an additional 144 shares during the last quarter. Tiemann Investment Advisors LLC boosted its stake in 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 acquiring an additional 150 shares during the last quarter. Hemington Wealth Management grew 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 acquiring an additional 154 shares during the period. Finally, Fielder Capital Group LLC raised its position in shares of General Motors by 3.3% during the 3rd quarter. Fielder Capital Group LLC now owns 5,131 shares of the auto manufacturer’s stock valued at $313,000 after acquiring an additional 163 shares during the last quarter. Institutional investors own 92.67% of the company’s stock.

General Motors News Roundup

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

General Motors Price Performance

Shares of NYSE GM opened at $78.03 on Friday. The company has a fifty day moving average price of $77.03 and a 200 day moving average price of $74.90. The firm has a market cap of $70.53 billion, a PE ratio of 25.92, a PEG ratio of 0.42 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 $43.76 and a 1-year high of $87.62.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (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 the consensus estimate of $45.81 billion. During the same period last year, the company earned $1.92 earnings per share. The firm’s 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. Research analysts predict that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors Increases Dividend

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

General Motors announced that its board has authorized a share repurchase 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 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.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. UBS Group increased their price target on General Motors from $102.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday. Jefferies Financial Group upped their price objective on General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Morgan Stanley reissued an “overweight” rating and issued a $100.00 target price on shares of General Motors in a research note on Wednesday, January 28th. The Goldman Sachs Group reduced their target price on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Wells Fargo & Company boosted their target price on General Motors from $48.00 to $57.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and an average price target of $91.25.

Check Out Our Latest Report on General Motors

General Motors Company Profile

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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