Cannell & Spears LLC Has $10.01 Million Holdings in General Motors Company $GM

Cannell & Spears LLC cut its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 39.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 164,156 shares of the auto manufacturer’s stock after selling 108,620 shares during the quarter. Cannell & Spears LLC’s holdings in General Motors were worth $10,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Steigerwald Gordon & Koch Inc. acquired a new stake in General Motors during the third quarter worth approximately $29,000. Kelleher Financial Advisors acquired a new position in General Motors in the 3rd quarter valued at $29,000. Armstrong Advisory Group Inc. lifted its position in shares of General Motors by 94.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 265 shares during the period. ESL Trust Services LLC bought a new stake in shares of General Motors during the 3rd quarter valued at $37,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of General Motors during the 2nd quarter worth $38,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM’s free cash flow has surged (from roughly $3B to about $10B on a trailing-average basis), enabling sustained dividends, buybacks and $10–$12B/year of U.S. manufacturing investment — a clear liquidity and capital-allocation positive for shareholders. How is General Motors Using Strong Cash Flow to Fuel Growth?
• Positive Sentiment: UAW/tariff-driven production moves (Detroit Diesel adding a shift and jobs) suggest support for U.S. supplier activity and capacity that can help GM’s production continuity and localization strategy. As Detroit Diesel adds shift, more jobs, UAW says tariffs are working
• Positive Sentiment: GM’s tactical EV moves — including the revival/relaunch of the Chevrolet Bolt — highlight a pragmatic shift toward lower-cost, demand-aligned EV offerings that may improve near-term margins versus earlier high-cost rollouts. The Chevrolet Bolt Lives Again: Inside GM’s Unprecedented EV U-Turn
• Neutral Sentiment: Industry restructuring: Honda’s large EV write-downs and rival retrenchments underline a tougher EV environment; this is sector-wide and creates both risks and competitive opportunities for GM. EV Write-Offs Rise, Yet One Auto Giant Is Doubling Down
• Neutral Sentiment: Weakness at Ford and industry recalls elsewhere are weighing on auto sentiment generally — that can pressure GM’s multiple even if the company’s fundamentals differ. Ford (F) Fumbles Once Again and Continues To Disappoint Investors
• Neutral Sentiment: A smaller supplier (Surface Transforms) filed an administration notice and warned of job cuts after losing a GM contract — a localized supplier disruption that could signal supplier churn but is not yet a broad production issue. Brakes firm Surface Transforms files administration notice and warns on job cuts after GM contract loss
• Negative Sentiment: Safety recall: GM is recalling more than 17,000 Buick Regal vehicles for a rear toe-link fracture that can cause loss of control — a near-term liability, repair cost and reputational hit that is weighing on the stock. GM recalls 17K vehicles over rear toe link fracture that could lead to crashes
• Negative Sentiment: Legal/ governance noise: a shareholder notice questioning whether GM insiders breached fiduciary duties could generate litigation risk and management distraction if it progresses to a formal suit. Did General Motors Company Insiders Breach their Fiduciary Duties to Shareholders?

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. The Goldman Sachs Group set a $104.00 price target on General Motors in a research report on Tuesday, January 27th. Wall Street Zen downgraded shares of General Motors from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Deutsche Bank Aktiengesellschaft raised their target price on shares of General Motors from $82.00 to $83.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Wells Fargo & Company boosted their target price on shares of General Motors from $48.00 to $57.00 and gave the company an “underweight” rating in a research report on Wednesday, January 28th. Finally, Zacks Research downgraded shares of General Motors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.39.

General Motors Price Performance

Shares of GM stock opened at $72.35 on Friday. The business has a fifty day simple moving average of $80.72 and a 200 day simple moving average of $72.29. The company has a market cap of $65.40 billion, a P/E ratio of 24.04, a P/E/G ratio of 0.39 and a beta of 1.37. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. General Motors Company has a twelve month low of $41.60 and a twelve month high of $87.62.

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

General Motors Increases Dividend

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

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

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.