TD Asset Management Inc Boosts Stock Position in General Motors Company $GM

TD Asset Management Inc raised its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 18.5% during the 4th quarter, Holdings Channel reports. The firm owned 811,302 shares of the auto manufacturer’s stock after buying an additional 126,784 shares during the quarter. TD Asset Management Inc’s holdings in General Motors were worth $65,975,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of General Motors in the fourth quarter worth about $25,000. Elevation Wealth Partners LLC boosted its stake in shares of General Motors by 500.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares during the last quarter. Founders Capital Management purchased a new stake in shares of General Motors in the fourth quarter worth about $31,000. Basepoint Wealth LLC purchased a new stake in shares of General Motors in the fourth quarter worth about $33,000. Finally, Ares Financial Consulting LLC purchased a new stake in shares of General Motors in the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Trending Headlines about General Motors

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

• Positive Sentiment: GM is moving forward with a major $900 million investment tied to a new battery effort at its Warren Tech Center, underscoring the company’s commitment to its electric vehicle future and long-term product pipeline. Article Title
• Positive Sentiment: GM was highlighted as a market outperformer in recent trading, reflecting investor interest in the stock after a strong move higher and suggesting improving sentiment around the automaker. Article Title
• Positive Sentiment: GM was also recognized by Aspen Aerogels as its 2025 Supplier of the Year, reinforcing the automaker’s leadership in EV thermal management and supplier relationships. Article Title
• Neutral Sentiment: GM CEO Mary Barra discussed what it will take for the U.S. to compete with China in the EV race, keeping attention on GM’s strategic positioning but without a direct new financial catalyst. Article Title
• Neutral Sentiment: GM’s board rejected a proposal to separate the chair and CEO roles, a governance update that may not materially change the investment case in the near term. Article Title
• Negative Sentiment: A supplier strike could disrupt GM pickup production, creating a potential operational headwind if the labor issue lasts. Article Title
• Negative Sentiment: Reports that Mary Barra sold 23,000 GM shares may add some pressure on sentiment, even if the sale does not necessarily change the company’s fundamentals. Article Title

Insider Buying and Selling

In other General Motors news, EVP Rory Harvey sold 79,494 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the completion of the transaction, the executive vice president owned 46,519 shares of the company’s stock, valued at $3,862,007.38. This represents a 63.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total value of $17,233,433.91. Following the transaction, the chief executive officer directly owned 770,491 shares of the company’s stock, valued at $61,646,984.91. The trade was a 21.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 577,567 shares of company stock valued at $47,557,888. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on GM shares. Mizuho lowered their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Benchmark upped their target price on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Bank of America started coverage on General Motors in a research note on Wednesday, March 4th. They issued a “buy” rating and a $105.00 target price on the stock. Wells Fargo & Company upped their target price on General Motors from $57.00 to $59.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $95.65.

General Motors Stock Performance

NYSE GM opened at $82.10 on Friday. The stock has a market capitalization of $74.03 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 0.42 and a beta of 1.30. General Motors Company has a twelve month low of $47.19 and a twelve month high of $87.62. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The stock has a 50-day moving average of $77.66 and a 200 day moving average of $78.45.

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 for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The company had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.General Motors’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts anticipate that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be issued 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 is presently 29.03%.

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.