Gamco Investors INC. ET AL reduced its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 21.5% in the 4th quarter, Holdings Channel reports. The firm owned 36,910 shares of the auto manufacturer’s stock after selling 10,090 shares during the quarter. Gamco Investors INC. ET AL’s holdings in General Motors were worth $3,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tsfg LLC lifted its position in General Motors by 5.7% in the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after purchasing an additional 120 shares during the period. Bogart Wealth LLC lifted its position in General Motors by 15.6% in the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after purchasing an additional 122 shares during the period. PDS Planning Inc lifted its position in General Motors by 3.4% in the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after purchasing an additional 131 shares during the period. Fourth Dimension Wealth LLC lifted its position in General Motors by 47.3% in the fourth quarter. Fourth Dimension Wealth LLC now owns 442 shares of the auto manufacturer’s stock worth $36,000 after purchasing an additional 142 shares during the period. Finally, Kentucky Trust Co lifted its position in General Motors by 5.1% in the fourth quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer’s stock worth $239,000 after purchasing an additional 144 shares during the period. 92.67% of the stock is owned by institutional investors.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM said it will begin assembling the Chevrolet Groove and Aveo in Mexico for the local market, a move that shifts some production away from China and could help the company improve supply-chain flexibility and regional manufacturing efficiency. GM to start assembling Chevrolet Groove and Aveo in Mexico, in shift away from China
- Positive Sentiment: GM reportedly is ramping up U.S. investments again, and this time the spending is tied to core products rather than uncertain EV bets, which may ease investor concerns after prior EV-related write-offs. GM Is Cranking Up U.S. Investments Again. This Time, It’s Great News.
- Positive Sentiment: GM’s supplier awards news highlights strong relationships with key technology partners such as HARMAN, Dolby, and Lear, reinforcing the company’s ability to attract top-tier suppliers and support in-car innovation. HARMAN Named 2025 Supplier of the Year by General Motors
General Motors Stock Performance
General Motors (NYSE:GM – Get Free Report) (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 return on equity of 16.68% and a net margin of 1.38%.The business had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. During the same period in the previous year, the business posted $2.78 earnings per share. 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. On average, research analysts anticipate that General Motors Company will post 12.85 earnings per share for the current fiscal year.
General Motors Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, June 5th. General Motors’s dividend payout ratio (DPR) is presently 29.03%.
General Motors announced that its Board of Directors has approved a share buyback program on Tuesday, January 27th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the auto manufacturer to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.
Wall Street Analyst Weigh In
Several research analysts recently commented on the company. Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Barclays cut their price objective on 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 began coverage on General Motors in a report on Wednesday, March 4th. They set a “buy” rating and a $105.00 price objective for the company. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, TD Cowen lifted their price objective on General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.65.
Get Our Latest Stock Report on GM
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.
Recommended Stories
- Five stocks we like better than General Motors
- From Zepbound to Foundayo: Lilly’s Latest Results Support Oral GLP-1 Outlook
- AI Consolidation Begins: Blackstone & Google Forge an AI Empire
- USA Rare Earth Posts Strong Q1 2026 as Massive Serra Vera Deal Looms
- 3 Space Infrastructure Stocks Gaining Momentum Ahead of the SpaceX IPO
Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U).
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.
