Wedge Capital Management L L P NC Invests $34.29 Million in General Motors Company $GM

Wedge Capital Management L L P NC bought a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) during the third quarter, Holdings Channel.com reports. The firm bought 562,383 shares of the auto manufacturer’s stock, valued at approximately $34,288,000.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in General Motors by 11.5% during the 2nd quarter. Vanguard Group Inc. now owns 110,759,703 shares of the auto manufacturer’s stock worth $5,450,485,000 after acquiring an additional 11,418,367 shares during the period. AQR Capital Management LLC boosted its position in shares of General Motors by 146.8% during the 1st quarter. AQR Capital Management LLC now owns 13,470,258 shares of the auto manufacturer’s stock valued at $629,196,000 after purchasing an additional 8,012,743 shares in the last quarter. Viking Global Investors LP boosted its holdings in General Motors by 81.1% during 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 in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of General Motors by 17.5% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 12,822,632 shares of the auto manufacturer’s stock worth $603,048,000 after acquiring an additional 1,910,186 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in General Motors by 0.5% in the 2nd quarter. Legal & General Group Plc now owns 10,143,779 shares of the auto manufacturer’s stock worth $499,175,000 after purchasing an additional 54,853 shares in the last quarter. Institutional investors own 92.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Argus set a $78.00 price objective on shares of General Motors in a research report on Thursday, October 23rd. Weiss Ratings downgraded General Motors from a “buy (b-)” rating to a “hold (c)” rating in a report on Saturday, October 25th. Piper Sandler set a $66.00 target price on General Motors and gave the company a “neutral” rating in a report on Tuesday, October 21st. Mizuho set a $90.00 price target on shares of General Motors in a research report on Tuesday. Finally, Wells Fargo & Company boosted their price objective on General Motors from $46.00 to $48.00 and gave the stock an “underweight” rating in a research report on Tuesday, December 9th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.76.

General Motors Stock Performance

GM opened at $82.37 on Friday. General Motors Company has a 1 year low of $41.60 and a 1 year high of $83.04. The company has a current ratio of 1.23, a quick ratio of 1.06 and a debt-to-equity ratio of 1.40. The stock’s 50 day simple moving average is $70.83 and its 200-day simple moving average is $60.20. The stock has a market cap of $76.84 billion, a PE ratio of 16.57, a P/E/G ratio of 0.75 and a beta of 1.30.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, October 21st. The auto manufacturer reported $2.80 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.48. The company had revenue of $48.59 billion during the quarter, compared to the consensus estimate of $44.60 billion. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period last year, the firm earned $2.96 EPS. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. Sell-side analysts forecast that General Motors Company will post 11.44 EPS for the current year.

General Motors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, December 5th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, December 5th. General Motors’s payout ratio is currently 12.07%.

Key Stores Impacting General Motors

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

• Positive Sentiment: Wedbush raised its 12‑month price target on GM to $95 (from $75) and reiterated an “outperform,” citing better cash flow prospects and strong execution managing supply‑chain risk into 2026, a clear bullish analyst signal. Wedbush: GM better positioned than peers as EV demand cools
• Positive Sentiment: Analysts and outlets note improving top‑line and buyback‑driven returns: GM’s earnings beats and aggressive share repurchases are cited as key reasons the stock has rallied this year. What Has General Motors (GM) Stock Done for Investors?
• Positive Sentiment: Sales momentum — reporting suggests GM is on track to lead U.S. car sales in 2025, supporting revenue/market‑share expectations. Strong retail demand underpins near‑term fundamentals. GM on track to take US 2025 car sales crown
• Positive Sentiment: GM’s sourcing strategy — securing battery materials, rare earths and backup suppliers — is reducing supply‑chain disruption risk, which supports production stability and margin visibility. Is GM’s Sourcing Strategy Reducing Disruption Risks?
• Positive Sentiment: International expansion: GM is introducing Buick and expanding GMC (and bringing 2026 GMC Hummer EV models) into South Korea — incremental revenue opportunity and better utilization of EV platforms overseas. 2026 GMC Hummer EV Lineup Headed For South Korea and GM Introducing Buick And Expanding GMC Lineup In South Korea
• Neutral Sentiment: GM Financial scheduled its Q4 and full‑year 2025 results release for Jan. 27, 2026 — a routine data point for fixed‑income and credit investors; could move bonds/credit spreads but is not an immediate equity catalyst. GM Financial to Release Fourth Quarter and Calendar Year 2025 Operating Results
• Neutral Sentiment: Operational timing: GM plans longer‑than‑usual holiday plant closures at multiple plants — likely a scheduling/seasonal decision; watch for any downstream effects on Q1 production/deliveries. GM Plans Longer Than Usual Holiday Closures at Multiple Plants
• Neutral Sentiment: Leadership headlines: CEO succession chatter — Mary Barra testing candidates (Anderson) and reports linking a former Tesla Autopilot chief as a possible CEO candidate — create short‑term uncertainty around strategy but also signal management is vetting car‑tech talent. Barra tests Anderson for CEO job and Tesla’s Former Autopilot Chief Could Be GM’s Next CEO
• Negative Sentiment: Shareholder litigation notice: law firm Halper Sadeh is soliciting GM shareholders to discuss potential claims — introduces legal/gov‑risk and could pressure sentiment if a formal suit follows. Halper Sadeh encourages shareholders to contact the firm

Insider Activity

In other General Motors news, EVP Rory Harvey sold 6,600 shares of the business’s stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $61.95, for a total value of $408,870.00. Following the transaction, the executive vice president directly owned 8,513 shares in the company, valued at $527,380.35. The trade was a 43.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Mark L. Reuss sold 260,600 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $66.45, for a total value of $17,316,870.00. Following the sale, the president directly owned 98,006 shares of the company’s stock, valued at $6,512,498.70. This represents a 72.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,254,589 shares of company stock worth $77,219,450 in the last quarter. 0.54% of the stock is owned by company insiders.

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.