Keybank National Association OH trimmed its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 52.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,911 shares of the auto manufacturer’s stock after selling 18,739 shares during the quarter. Keybank National Association OH’s holdings in General Motors were worth $1,375,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC lifted its position in General Motors by 500.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 275 shares during the period. Founders Capital Management acquired a new stake in General Motors during the 4th quarter worth approximately $31,000. Ares Financial Consulting LLC acquired a new stake in General Motors during the 4th quarter worth approximately $35,000. Steigerwald Gordon & Koch Inc. acquired a new stake in General Motors during the 3rd quarter worth approximately $29,000. Finally, Kelleher Financial Advisors acquired a new stake in General Motors during the 3rd quarter worth approximately $29,000. 92.67% of the stock is owned by institutional investors and hedge funds.
General Motors Stock Down 1.3%
General Motors stock opened at $75.91 on Friday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.01 and a current ratio of 1.15. The firm has a market capitalization of $68.44 billion, a price-to-earnings ratio of 30.61, a price-to-earnings-growth ratio of 0.40 and a beta of 1.29. General Motors Company has a fifty-two week low of $44.84 and a fifty-two week high of $87.62. The stock’s fifty day moving average is $76.50 and its two-hundred day moving average is $76.44.
General Motors Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is presently 29.03%.
General Motors declared that its board has authorized a stock repurchase program on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Q1 beat and stronger guidance — GM delivered a solid Q1 beat, raised FY guidance and flagged higher EBIT margin expectations, which support earnings momentum and justify recent analyst upgrades. General Motors: Guidance Raise, 10% EBIT Margins, Cheap
- Positive Sentiment: Tariff refund windfall — A Supreme Court ruling has unlocked expected tariff refunds; automakers (including GM) are logging anticipated refunds that improve near-term P&L and cash flow. This helped lift outlook and is a tangible near-term tailwind. Automakers Anticipate $2.3 Billion Payday From Tariff Refunds
- Positive Sentiment: Connected services and AI roll-out — GM is deploying Google Gemini across ~4M vehicles and pushing its connected business (subscriptions/software), a higher-margin recurring revenue stream that analysts say is underappreciated. General Motors adds Google Gemini to 4 million vehicles. Is your car on the list?
- Positive Sentiment: Analyst support after earnings — Banks and research outlets have adjusted targets and views higher after Q1, reinforcing investor confidence in cash returns (buybacks/dividends) and improved guidance. JPMorgan adjusts General Motors stock price target after earnings
- Neutral Sentiment: Large U.S. manufacturing spend — GM boosted U.S. manufacturing spend (~$6B in a year) and earmarked ~$1.4B for gas-engine and parts plants to support current pickup/SUV demand; this preserves high-margin ICE volumes but signals a pragmatic shift vs. pure EV focus. GM just boosted its US manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great
- Neutral Sentiment: Capital allocation into combustion engines — GM is investing in V8/gasoline engine capacity (multiple articles detail $1.3B and other plant investments). This supports near-term profitability but complicates the EV transition narrative. GM earmarks over $1 billion toward gas-engine output in US, Canada
- Negative Sentiment: EV truck strategy uncertainty — Reports conflict with company denials about EV truck plans, creating execution risk for a high-profile product category and clouding long-term EV growth expectations. GM’s EV Truck Future Suddenly Looks Uncertain as Reports Clash With Company Denials
- Negative Sentiment: Macro/geopolitical risks — Management flagged new risks from geopolitical tensions and fuel-price spikes that could pressure supply chains and demand for SUVs/trucks, adding near-term margin uncertainty. Geopolitical Tensions and Fuel Price Spikes Threaten GM’s Supply Chain and High-Margin SUV Business
Wall Street Analyst Weigh In
A number of research firms have weighed in on GM. DZ Bank raised General Motors from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a research report on Thursday, January 29th. Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and increased their price objective for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. 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 report on Wednesday, March 25th. Finally, TD Cowen raised their price target on General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday. Two 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 company. According to MarketBeat, General Motors currently has an average rating of “Moderate Buy” and an average target price of $92.00.
Read Our Latest Analysis on General Motors
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.
See Also
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