KLP Kapitalforvaltning AS Decreases Position in General Motors Company $GM

KLP Kapitalforvaltning AS decreased its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 1.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 542,624 shares of the auto manufacturer’s stock after selling 6,900 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in General Motors were worth $44,126,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of GM. Viking Global Investors LP boosted its position in shares of General Motors by 81.1% in the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after buying an additional 5,830,050 shares during the period. Two Sigma Investments LP boosted its position in shares of General Motors by 348.4% in the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after buying an additional 2,757,695 shares during the period. Worldquant Millennium Advisors LLC boosted its position in shares of General Motors by 436.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after buying an additional 2,163,274 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of General Motors by 164.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,097,019 shares of the auto manufacturer’s stock worth $251,850,000 after buying an additional 1,927,752 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in shares of General Motors by 270.3% in the third quarter. Victory Capital Management Inc. now owns 2,594,525 shares of the auto manufacturer’s stock worth $158,188,000 after acquiring an additional 1,893,896 shares in the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Trading Down 1.8%

Shares of NYSE GM opened at $79.11 on Wednesday. The stock’s 50 day moving average price is $76.94 and its two-hundred day moving average price is $75.52. General Motors Company has a 52-week low of $44.72 and a 52-week high of $87.62. The stock has a market capitalization of $71.51 billion, a P/E ratio of 26.28, a PEG ratio of 0.45 and a beta of 1.34. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.25. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The firm had revenue of $45.29 billion for the quarter, compared to analysts’ expectations of $45.81 billion. During the same quarter in the prior year, the firm posted $1.92 earnings per share. General Motors’s revenue for the quarter 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. On average, analysts anticipate that General Motors Company will post 12.44 earnings per share for the current fiscal year.

General Motors Increases Dividend

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

General Motors announced that its Board of Directors has authorized a share repurchase program on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the auto manufacturer to purchase up to 8.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.

Key Stories Impacting General Motors

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

• Positive Sentiment: GM authorized a $6 billion share buyback and boosted its dividend, increasing direct cash returns to shareholders — a clear supportive catalyst for the stock. General Motors Ups Buybacks And Dividend
• Positive Sentiment: GM bought a new plant on the site of the former Palace of Auburn Hills to support production of gasoline-powered Escalade and full‑size Silverado/Sierra pickups — signals of continued investment in profitable ICE models while transitioning its portfolio. GM buys plant built on the site of the former Palace of Auburn Hills
• Positive Sentiment: High-profile bullish commentary (Jim Cramer) and an overall broker consensus of “Moderate Buy” provide supportive investor sentiment that can underpin the shares. Jim Cramer on General Motors Consensus Recommendation “Moderate Buy”
• Neutral Sentiment: GM paid a large compensation package (reported up to ~$40M) to recruit new product chief Sterling Anderson — could attract talent but raises near-term compensation scrutiny. GM lured new product chief with pay package totaling $40 million
• Neutral Sentiment: News roundups noting a modest intraday price move and stock volatility — useful context but not a driver by itself. General Motors Sees a More Significant Dip Than Broader Market Zacks: GM Sees a More Significant Dip
• Neutral Sentiment: Smaller consumer/enthusiast items (e.g., recreated truck wheels) are being covered but are unlikely to move the stock materially. Fab Shop Recreates GM Truck Wheels
• Negative Sentiment: Reports say GM is indefinitely delaying its next‑generation full‑size electric truck program (GMC Sierra and Chevy Silverado EVs originally slated for 2028), a setback for the EV roadmap and future EV revenue growth expectations. GM delays next-gen EV truck program, Crain’s Detroit reports GM reportedly suspending next-gen EV truck program at Factory Zero
• Negative Sentiment: Earnings previews from multiple outlets suggest Q1 results may decline vs. expectations, increasing downside risk around the next report. Earnings Preview: GM Q1 Expected to Decline Zacks: Earnings Preview
• Negative Sentiment: Speculation that GM has shelved plans for a next‑gen affordable EV adds to concerns about the company’s EV competitiveness and long‑term growth narrative. Did GM Just Shelve Its Next-Gen Affordable EV?

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and boosted their price target for the stock from $83.00 to $90.00 in a research note on Tuesday, April 14th. Benchmark boosted their price target on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Evercore boosted their price target on General Motors from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. boosted their price target on General Motors from $85.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $91.25.

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.