NewEdge Wealth LLC Has $3.12 Million Position in General Motors Company $GM

NewEdge Wealth LLC lifted its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 26.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,401 shares of the auto manufacturer’s stock after purchasing an additional 8,097 shares during the period. NewEdge Wealth LLC’s holdings in General Motors were worth $3,123,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in shares of General Motors during the fourth quarter worth $25,000. Elevation Wealth Partners LLC lifted its position in General Motors by 500.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares in the last quarter. Kelleher Financial Advisors acquired a new position in shares of General Motors during the 3rd quarter worth about $29,000. Founders Capital Management acquired a new position in shares of General Motors during the 4th quarter worth about $31,000. Finally, JPL Wealth Management LLC acquired a new position in shares of General Motors during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 92.67% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on GM shares. HSBC upped their price target on shares of General Motors from $48.00 to $75.00 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft raised shares of General Motors from a “hold” rating to a “buy” rating and upped their price target for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. The Goldman Sachs Group dropped their price objective on shares of General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Wells Fargo & Company increased their price objective on shares of General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $94.65.

Trending Headlines about General Motors

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

• Positive Sentiment: Wedbush reaffirmed its Outperform rating on GM and maintained a $95 price target, signaling confidence in the company’s 2026 outlook despite a higher-risk environment. General Motors’ (GM) Outperform Rating Reaffirmed at Wedbush
• Positive Sentiment: GM’s job cuts are being framed as a move to streamline operations and shift toward higher-demand AI and technology skills, which could help margins over time if the restructuring works. GM just laid off hundreds of IT workers to hire those with stronger AI skills
• Neutral Sentiment: The company posted a strong recent earnings beat, topping EPS expectations and slightly exceeding revenue estimates, which still helps shape investor sentiment around GM’s fundamental performance.
• Negative Sentiment: GM confirmed layoffs of roughly 500 to 600 salaried IT workers, including in Austin and Warren, raising concerns about internal disruption and signaling ongoing pressure to cut costs. GM cutting hundreds of salaried IT workers as it cuts costs, evaluates needs
• Negative Sentiment: Reuters reported uncertainty around the restart date at GM’s Ohio battery plant, with only a small number of workers returning for now and broader recalls still unclear, highlighting lingering EV and production challenges. GM’s restart date at Ohio battery plant uncertain
• Negative Sentiment: GM also faces reputational and financial risk from a California privacy settlement after allegations that it sold driver data, reinforcing regulatory and legal overhangs for investors. General Motors to pay out $12.75M after selling California driver data

General Motors Trading Up 1.5%

GM opened at $76.44 on Wednesday. The stock has a market cap of $68.93 billion, a PE ratio of 30.82, a price-to-earnings-growth ratio of 0.38 and a beta of 1.29. The company has a fifty day moving average of $76.10 and a 200-day moving average of $77.27. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. General Motors Company has a twelve month low of $46.81 and a twelve month high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. The business had revenue of $43.62 billion during the quarter, compared to analyst estimates of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, sell-side analysts predict that General Motors Company will post 12.77 EPS for the current year.

General Motors declared that its board has authorized a share repurchase plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the auto manufacturer to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

General Motors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be paid a $0.18 dividend. 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 (DPR) is 29.03%.

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.