General Motors Company $GM Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. reduced its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 44.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 25,366 shares of the auto manufacturer’s stock after selling 20,613 shares during the quarter. Securian Asset Management Inc.’s holdings in General Motors were worth $2,063,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of GM. Viking Global Investors LP lifted its holdings in shares of General Motors by 81.1% in the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after buying an additional 5,830,050 shares during the period. Two Sigma Investments LP lifted its holdings in shares of General Motors by 348.4% in the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after buying an additional 2,757,695 shares during the period. Worldquant Millennium Advisors LLC lifted its holdings in shares of General Motors by 436.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock valued at $130,826,000 after buying an additional 2,163,274 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in shares of General Motors by 164.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,097,019 shares of the auto manufacturer’s stock valued at $251,850,000 after buying an additional 1,927,752 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in shares of General Motors by 270.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,594,525 shares of the auto manufacturer’s stock valued at $158,188,000 after buying an additional 1,893,896 shares during the period. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors Stock Performance

General Motors stock opened at $75.27 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a fifty day moving average of $76.14 and a two-hundred day moving average of $77.21. The company has a market capitalization of $67.87 billion, a price-to-earnings ratio of 30.35, a PEG ratio of 0.40 and a beta of 1.29. General Motors Company has a fifty-two week low of $46.81 and a fifty-two week 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 for the quarter, topping the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.General Motors’s revenue was down .9% compared to the same quarter last year. During the same quarter last year, the business posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, analysts anticipate that General Motors Company will post 12.77 EPS for the current fiscal year.

General Motors Announces Dividend

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 1.0%. 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: Wedbush reaffirmed its Outperform rating on General Motors and raised its price target to $95, signaling meaningful upside if GM delivers on its outlook and margin improvements.
• Positive Sentiment: GM is also being viewed favorably by some investors for its operational discipline, with the company continuing to defend its 2026 guidance despite a higher-risk backdrop.
• Neutral Sentiment: GM was reported to be increasing truck production, which could help offset demand issues in other areas, but the direct stock impact is still unclear.
• Neutral Sentiment: A California privacy settlement tied to GM’s OnStar data practices adds a legal cost and reputational issue, though the financial impact appears manageable relative to GM’s size.
• Neutral Sentiment: Broader consumer-stocks weakness and mixed market trading conditions may also be weighing on sentiment across auto-related names.
• Negative Sentiment: GM announced another round of layoffs, including plans to cut hundreds of salaried IT workers, reinforcing concerns about cost pressures and restructuring needs. GM cutting hundreds of salaried IT workers as it cuts costs, evaluates needs
• Negative Sentiment: Additional reports said GM is trimming white-collar IT staff to bring in different technical skills, suggesting ongoing workforce restructuring rather than a clean growth story. GM to Cut Hundreds of White Collar Workers in IT Overhaul
• Negative Sentiment: Another headline about layoffs in Michigan adds to the narrative that GM is reducing headcount as it adjusts to changing demand and technology needs. As GM Announces New Round of Layoffs, Michigan Advisor Launches Free Retirement Resource Built Specifically for Ford, GM, and Stellantis Workers

Wall Street Analyst Weigh In

Several research firms recently weighed in on GM. The Goldman Sachs Group dropped their price objective on General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. Barclays dropped their price objective on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Benchmark raised their price objective on General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Royal Bank Of Canada dropped their price objective on General Motors from $96.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $94.65.

General Motors Company 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.