Mackenzie Financial Corp Increases Stock Position in General Motors Company $GM

Mackenzie Financial Corp increased its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 8.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 817,729 shares of the auto manufacturer’s stock after purchasing an additional 62,952 shares during the period. Mackenzie Financial Corp owned 0.09% of General Motors worth $49,857,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. CWM LLC lifted its position in General Motors by 50.8% during the third quarter. CWM LLC now owns 340,858 shares of the auto manufacturer’s stock valued at $20,782,000 after acquiring an additional 114,756 shares during the last quarter. Corient Private Wealth LLC grew its holdings in General Motors by 6.2% in the second quarter. Corient Private Wealth LLC now owns 341,426 shares of the auto manufacturer’s stock worth $16,802,000 after purchasing an additional 20,017 shares during the last quarter. SteelPeak Wealth LLC acquired a new position in shares of General Motors during the third quarter worth $3,411,000. Burney Co. increased its position in shares of General Motors by 18.7% during the third quarter. Burney Co. now owns 82,037 shares of the auto manufacturer’s stock worth $5,002,000 after purchasing an additional 12,913 shares in the last quarter. Finally, Permanent Capital Management LP purchased a new stake in shares of General Motors during the 3rd quarter valued at $1,102,000. Institutional investors own 92.67% of the company’s stock.

Key Headlines Impacting General Motors

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

• Positive Sentiment: Q4 beat, dividend hike and buyback boost confidence in capital return and cash generation — supports valuation and shareholder returns. General Motors (GM) Q4 Adjusted EPS Beats at $2.51 as Company Hikes Dividend 20%, Adds $6B Buyback
• Positive Sentiment: GM’s reversal on the Chevy Bolt (EV U‑turn) signals management pragmatism on EV strategy and potential to monetize existing platforms/brand recognition. The Chevrolet Bolt Lives Again: Inside GM’s Unprecedented EV U-Turn
• Positive Sentiment: GM is re-entering India via ACDelco parts (aftermarket opportunity) — diversification into a $12B market adds a recurring revenue stream less exposed to new‑vehicle cycles. Why Is General Motors Betting on India’s Auto Parts Market?
• Positive Sentiment: UAW/industrial policy shifts (tariffs) credited with Detroit Diesel adding shifts and jobs — constructive for domestic production momentum and GM’s U.S. operations. As Detroit Diesel adds shift, more jobs, UAW says tariffs are working
• Positive Sentiment: Brand/PR activity (GM aiding EV1 rebuild) can help heritage EV credibility and customer engagement. GM Will Help Rebuild EV1 V212: Video
• Neutral Sentiment: Market note: Zacks flagged GM fell more than the broader market in the latest session — useful context but not a driver by itself. General Motors (GM) Registers a Bigger Fall Than the Market: Important Facts to Note
• Neutral Sentiment: Supplier impact: brakes supplier Surface Transforms filed an administration notice after losing a GM contract — negative for supplier but limited direct impact on GM’s operations. Brakes firm Surface Transforms files administration notice and warns on job cuts after GM contract loss
• Negative Sentiment: Safety recalls: GM announced recalls totaling tens of thousands of vehicles (≈17K Buick Regal; ~12K pickups) for issues that could lead to crashes or engine stalls — near‑term repair costs, warranty exposure and reputational risk. GM issues recall 17K vehicles over rear toe link fracture that could lead to crashes GM recalls nearly 12,000 pickup trucks over engine stall risk
• Negative Sentiment: Legal/claims: new engine lawsuits and a shareholder solicitation alleging insider fiduciary breaches introduce litigation risk and potential headline pressure. GM hit with another engine lawsuit, this time on its 1.2-liter three-cylinder Did General Motors Company Insiders Breach their Fiduciary Duties to Shareholders?
• Negative Sentiment: Sector headwinds: Honda’s huge EV write‑offs highlight an “EV winter” and demand/strategy risks across automakers — could pressure expectations for EV investments and margins industry‑wide. Honda to Write Off $15.7 Billion as EV Winter Arrives. What That Means for Ford, GM Stocks.

General Motors Stock Performance

Shares of GM stock opened at $73.43 on Friday. General Motors Company has a 52-week low of $41.60 and a 52-week high of $87.62. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The stock has a market cap of $66.38 billion, a PE ratio of 24.40, a price-to-earnings-growth ratio of 0.40 and a beta of 1.37. The business has a 50-day simple moving average of $80.89 and a 200-day simple moving average of $72.10.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 EPS for the quarter, beating the consensus estimate of $2.26 by $0.25. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The company had revenue of $45.29 billion for the quarter, compared to analyst estimates of $45.81 billion. During the same quarter last year, the business earned $1.92 earnings per share. The firm’s revenue was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, equities analysts expect that General Motors Company will post 11.44 EPS for the current year.

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

General Motors Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. General Motors’s payout ratio is currently 23.92%.

Wall Street Analysts Forecast Growth

GM has been the subject of several recent analyst reports. Benchmark raised their price target on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. TD Cowen restated a “buy” rating on shares of General Motors in a report on Wednesday, January 28th. Bank of America initiated coverage on shares of General Motors in a research report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price objective for the company. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 target price on shares of General Motors in a research note on Wednesday, January 28th. Finally, Piper Sandler reissued an “overweight” rating and set a $105.00 target price (up from $98.00) on shares of General Motors in a research report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $91.39.

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.