Pictet Asset Management Holding SA Increases Stock Position in General Motors Company $GM

Pictet Asset Management Holding SA boosted its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 13.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 493,095 shares of the auto manufacturer’s stock after purchasing an additional 56,887 shares during the period. Pictet Asset Management Holding SA’s holdings in General Motors were worth $40,108,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC lifted its holdings in General Motors by 6.2% in the 4th quarter. Verdence Capital Advisors LLC now owns 50,859 shares of the auto manufacturer’s stock worth $4,136,000 after buying an additional 2,972 shares in the last quarter. Elevated Financial Group LLC purchased a new stake in shares of General Motors during the fourth quarter worth about $491,000. Quent Capital LLC increased its position in shares of General Motors by 5.7% during the fourth quarter. Quent Capital LLC now owns 4,318 shares of the auto manufacturer’s stock worth $351,000 after acquiring an additional 232 shares during the last quarter. Advisors Capital Management LLC acquired a new position in shares of General Motors in the fourth quarter worth about $224,000. Finally, Concurrent Investment Advisors LLC boosted its holdings in General Motors by 25.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 32,777 shares of the auto manufacturer’s stock valued at $2,665,000 after purchasing an additional 6,749 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Trading Down 3.0%

NYSE:GM opened at $76.59 on Thursday. The company has a market cap of $69.23 billion, a PE ratio of 25.44, a P/E/G ratio of 0.43 and a beta of 1.34. The business’s 50 day moving average is $76.59 and its two-hundred day moving average is $76.29. 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 52 week low of $44.72 and a 52 week high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.58 by $1.12. The business had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.60 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.During the same period in the previous year, the business earned $2.78 EPS. The business’s quarterly revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, analysts predict that General Motors Company will post 12.43 EPS for the current year.

General Motors announced that its Board of Directors has authorized a share repurchase plan on Tuesday, January 27th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the auto manufacturer to buy up to 8.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

General Motors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio is 29.03%.

Trending Headlines about General Motors

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

• Positive Sentiment: Q1 earnings beat and upgraded guidance — GM reported $3.70 adjusted EPS (well above estimates) and raised full‑year EBIT/earnings guidance helped by an expected ~$500M tariff refund, supporting near‑term profits and cash flow. GM core profit rises
• Positive Sentiment: Analyst support — Citi raised its price target to $108 (maintaining a Buy), and other firms reaffirmed Outperform ratings, providing upside thesis support despite intraday weakness. Citi raises price target
• Positive Sentiment: Capital returns and cash generation — GM repurchased shares (~$800M in Q1) and declared a quarterly dividend, reinforcing shareholder returns and making beats more EPS‑accretive. Q1 results and dividend
• Neutral Sentiment: Software/services and partnerships — GM highlighted growth in high‑margin connected services and a large in‑car Google Gemini deployment (4 million cars), which lengthens monetization runway but is longer‑duration for EPS impact. Gemini in GM cars
• Neutral Sentiment: EV supply‑chain exposure via Lithium JV — Institutional interest in Lithium Americas (GM JV partner) signals improving battery supply prospects, but the benefit to GM is strategic and medium/long‑term. Lithium Americas institutional interest
• Negative Sentiment: Capex shift to gas‑engine plants signals EV demand softness — GM announced ~$1.4B (three U.S. plants + one Canadian) to sustain gas‑engine/transmission/casting output and reportedly $340M for popular gas models, which investors interpret as management prioritizing near‑term profitable ICE volumes over a rapid EV pivot. That raises questions about EV growth trajectory and long‑term strategy. GM gas engine investment (Reuters) GM invests in gas cars (Business Insider)
• Negative Sentiment: Mixed fundamentals and macro risks — revenue was roughly flat YoY and some analysts/shops trimmed FY estimates; higher oil, commodity and chip costs create margin pressure that could temper enthusiasm despite the one‑time tariff benefit. Wedbush/Q1 commentary

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. HSBC raised their price objective on General Motors from $48.00 to $75.00 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Jefferies Financial Group increased their target price on General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Royal Bank Of Canada dropped their price target on shares of General Motors from $96.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday. Benchmark upped their price target on shares of General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, The Goldman Sachs Group reduced their price objective on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Two equities research analysts have 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $92.00.

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.