Genus Capital Management Inc. Makes New $1.06 Million Investment in General Motors Company $GM

Genus Capital Management Inc. purchased a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 13,000 shares of the auto manufacturer’s stock, valued at approximately $1,057,000.

A number of other institutional investors also recently bought and sold shares of the business. Allen Capital Group LLC purchased a new position in General Motors during the 4th quarter worth approximately $254,000. First National Trust Co purchased a new position in General Motors during the 4th quarter worth approximately $226,000. Catalyst Funds Management Pty Ltd raised its position in General Motors by 17.8% during the 4th quarter. Catalyst Funds Management Pty Ltd now owns 11,900 shares of the auto manufacturer’s stock worth $968,000 after buying an additional 1,800 shares during the last quarter. Coldstream Capital Management Inc. raised its position in General Motors by 1.1% during the 4th quarter. Coldstream Capital Management Inc. now owns 21,023 shares of the auto manufacturer’s stock worth $1,710,000 after buying an additional 233 shares during the last quarter. Finally, Life Cycle Investment Partners Ltd purchased a new position in General Motors during the 4th quarter worth approximately $309,380,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on GM shares. Wedbush reissued an “outperform” rating and set a $95.00 price target on shares of General Motors in a research report on Monday, May 11th. Wells Fargo & Company lifted their target price on shares of General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a report on Wednesday, April 29th. Barclays cut their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Bank of America started coverage on shares of General Motors in a report on Wednesday, March 4th. They set a “buy” rating and a $105.00 target price for the company. Finally, Mizuho cut their target price on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $94.65.

General Motors Price Performance

NYSE:GM opened at $78.81 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. The firm has a market cap of $71.06 billion, a price-to-earnings ratio of 31.78, a price-to-earnings-growth ratio of 0.40 and a beta of 1.29. The company has a 50 day moving average price of $76.15 and a 200-day moving average price of $77.75. General Motors Company has a 1-year low of $46.81 and a 1-year high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter last year, the company earned $2.78 EPS. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities research analysts forecast that General Motors Company will post 12.85 EPS for the current year.

General Motors announced that its board has initiated a share repurchase plan on Tuesday, January 27th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the auto manufacturer to buy up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be paid a $0.18 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 29.03%.

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.