Machina Capital S.A.S. raised its position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 51.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 93,626 shares of the auto manufacturer’s stock after buying an additional 31,727 shares during the quarter. General Motors comprises approximately 0.9% of Machina Capital S.A.S.’s portfolio, making the stock its 9th biggest position. Machina Capital S.A.S.’s holdings in General Motors were worth $7,209,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in GM. BlackRock Inc. purchased a new stake in shares of General Motors in the 2nd quarter worth about $5,958,995,000. Dimensional Fund Advisors LP lifted its position in General Motors by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock valued at $1,059,668,000 after acquiring an additional 77,100 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in General Motors by 1.2% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,559,990 shares of the auto manufacturer’s stock valued at $659,804,000 after acquiring an additional 101,885 shares during the period. Bank of America Corp DE purchased a new position in General Motors during the 2nd quarter valued at about $629,465,000. Finally, Legal & General Group Plc bought a new stake in General Motors during the second quarter worth about $599,066,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.
Insider Transactions at General Motors
In other news, EVP Rory Harvey sold 16,513 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $89.64, for a total value of $1,480,225.32. Following the transaction, the executive vice president owned 12,000 shares in the company, valued at approximately $1,075,680. This represents a 57.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on GM shares. Tigress Financial upped their price objective on shares of General Motors from $130.00 to $132.00 and gave the stock a “strong-buy” rating in a report on Wednesday, October 28th. Morgan Stanley lowered their target price on shares of General Motors from $101.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, October 21st. Jefferies Financial Group upgraded shares of General Motors from a “hold” rating to a “buy” rating and lifted their target price for the company from $90.00 to $99.00 in a report on Monday, July 27th. TD Cowen reissued a “buy” rating and issued a $132.00 price target on shares of General Motors in a research report on Wednesday, October 21st. Finally, BNP Paribas Exane upped their price target on General Motors from $102.00 to $112.00 and gave the stock an “outperform” rating in a research note on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, General Motors has an average rating of “Moderate Buy” and an average target price of $101.44.
Check Out Our Latest Analysis on GM
General Motors News Summary
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM is expanding recurring digital revenue through OnStar and Super Cruise subscriptions. A newly announced in-car AI assistant could also strengthen its technology offering, though adoption and revenue impact remain to be seen. Can OnStar and Super Cruise Drive GM’s Digital Revenue Growth? GM’s new in-car AI assistant
- Positive Sentiment: GM’s next-generation 2027 Chevrolet Silverado and GMC Sierra pickups, with upgraded engines and premium trims, could support a richer sales mix and profitability. Can GM’s Next-Generation Pickups Support Growth in 2027?
- Positive Sentiment: GM’s investment activity alongside Honda reflects automakers’ renewed interest in hybrids, potentially giving GM another way to address consumer demand as powertrain preferences evolve. GM, Honda Investments Reflect Rising Interest In Hybrids
- Neutral Sentiment: GM is revamping its CarBravo certified-used program to persuade some used-car shoppers to consider new vehicles. The strategy could help new-car sales, but higher prices remain a hurdle for buyers. How GM is trying to talk used car shoppers into buying new vehicles
- Negative Sentiment: GM is recalling 67,380 electric vehicles after software could briefly interrupt low-speed braking. Another report cites more than 87,000 recalled vehicles; the safety issue and potential repair costs add a near-term risk, although the articles do not quantify the financial impact. GM Recalls Over 67,000 EVs For Brake Glitch GM recalls more than 87,000 vehicles
General Motors Price Performance
GM opened at $88.71 on Wednesday. The stock has a 50-day moving average price of $83.46 and a 200-day moving average price of $80.91. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.09 and a quick ratio of 0.94. The firm has a market cap of $74.83 billion, a PE ratio of 20.35, a P/E/G ratio of 0.51 and a beta of 1.40. General Motors Company has a 1 year low of $67.06 and a 1 year high of $93.70.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.01. General Motors had a net margin of 2.12% and a return on equity of 19.36%. The company had revenue of $50.02 billion for the quarter, compared to analysts’ expectations of $48.78 billion. During the same quarter in the previous year, the business posted $2.80 EPS. General Motors’s revenue was up 2.9% compared to the same quarter last year. Sell-side analysts predict that General Motors Company will post 13.36 earnings per share for the current fiscal year.
General Motors declared that its Board of Directors has authorized a share repurchase program on Tuesday, October 20th that permits the company to repurchase $20 billion in shares. This repurchase authorization permits the auto manufacturer to reacquire up to 27.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.
General Motors Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.72 annualized dividend and a yield of 0.8%. General Motors’s payout ratio is 16.51%.
General Motors Profile
General Motors Company designs, manufactures and sells cars, trucks, crossovers and sport utility vehicles. Its vehicle brands include Chevrolet, Buick, GMC and Cadillac, and its offerings also include vehicle parts, software and related services. GM Financial provides automotive financing and leasing products to customers and dealers. Founded in 1908, General Motors is headquartered in Detroit, Michigan. The company serves customers in North America and international markets, with operations and sales spanning multiple regions.
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