Convergence Investment Partners LLC Boosts Holdings in General Motors Company $GM

Convergence Investment Partners LLC increased its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 54.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,982 shares of the auto manufacturer’s stock after buying an additional 17,570 shares during the quarter. Convergence Investment Partners LLC’s holdings in General Motors were worth $4,065,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new position in shares of General Motors in the fourth quarter worth approximately $25,000. Elevation Wealth Partners LLC boosted its holdings in shares of General Motors by 500.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares during the last quarter. Kelleher Financial Advisors purchased a new position in shares of General Motors in the third quarter worth approximately $29,000. Founders Capital Management purchased a new position in shares of General Motors in the fourth quarter worth approximately $31,000. Finally, JPL Wealth Management LLC purchased a new position in shares of General Motors in the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group dropped their price objective on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft upgraded shares of General Motors from a “hold” rating to a “buy” rating and raised their target price for the stock from $83.00 to $90.00 in a research note on Tuesday, April 14th. Wells Fargo & Company raised their target price on shares of General Motors from $57.00 to $59.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 29th. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 target price on the stock in a research note on Wednesday, March 25th. Finally, DZ Bank upgraded shares of General Motors from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $94.65.

General Motors Price Performance

NYSE GM opened at $74.93 on Friday. General Motors Company has a 12 month low of $46.81 and a 12 month high of $87.62. The stock has a market cap of $67.56 billion, a price-to-earnings ratio of 30.21, a PEG ratio of 0.39 and a beta of 1.29. The company’s 50 day moving average is $76.00 and its two-hundred day moving average is $77.37. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41.

General Motors (NYSE:GM) (TSE:GMM.U) last released its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm’s revenue was down .9% compared to the same quarter last year. During the same quarter last year, the business earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, research analysts anticipate that General Motors Company will post 12.85 earnings per share for the current year.

General Motors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. General Motors’s dividend payout ratio (DPR) is presently 29.03%.

General Motors announced that its board has initiated a stock repurchase plan on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the auto manufacturer to buy up to 8.1% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Key General Motors News

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for GM, signaling improved earnings expectations and supporting the case that the stock may be undervalued relative to longer-term profit potential. GM earnings estimate update
• Positive Sentiment: Analysts have highlighted GM as a “strong growth stock,” suggesting the company still has supporters based on its valuation, growth profile, and turnaround opportunities. Zacks GM growth stock article
• Neutral Sentiment: GM is reportedly pausing construction on a Samsung SDI battery plant, which may reflect a slower or more cautious EV investment cadence rather than a clear positive or negative catalyst. GM battery plant pause article
• Neutral Sentiment: GM’s move to cut certain Silverado medium-duty and diesel truck programs may improve capital discipline, but it also points to product rationalization and possible near-term volume pressure. GM Silverado changes article
• Negative Sentiment: GM recently paid a record privacy-law penalty and faces a separate lawsuit over recalled 10-speed automatic transmissions, both of which add legal and reputational overhang. GM privacy penalty article GM transmission lawsuit article
• Negative Sentiment: News that GM and peers have cut more than 20,000 U.S. salaried jobs underscores industry restructuring pressures and the challenge of balancing cost cuts with future growth investments. Detroit automakers job cuts article

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.