General Motors Company $GM Shares Acquired by DNB Asset Management AS

DNB Asset Management AS grew its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 37.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 244,602 shares of the auto manufacturer’s stock after buying an additional 66,113 shares during the quarter. DNB Asset Management AS’s holdings in General Motors were worth $19,891,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of GM. Viking Global Investors LP lifted its holdings in shares of General Motors by 81.1% in the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after buying an additional 5,830,050 shares during the period. Two Sigma Investments LP lifted its holdings in shares of General Motors by 348.4% in the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after buying an additional 2,757,695 shares during the period. Worldquant Millennium Advisors LLC raised its holdings in General Motors by 436.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after purchasing an additional 2,163,274 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in General Motors by 164.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,097,019 shares of the auto manufacturer’s stock worth $251,850,000 after purchasing an additional 1,927,752 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in General Motors by 270.3% during the third quarter. Victory Capital Management Inc. now owns 2,594,525 shares of the auto manufacturer’s stock worth $158,188,000 after purchasing an additional 1,893,896 shares during the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors News Roundup

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 Price Performance

Shares of NYSE:GM opened at $74.93 on Friday. The company has a market cap of $67.56 billion, a P/E ratio of 30.21, a P/E/G ratio of 0.38 and a beta of 1.29. 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 52 week low of $46.81 and a 52 week high of $87.62. The business has a fifty day simple moving average of $76.00 and a 200-day simple moving average of $77.37.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data 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 the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities research analysts forecast that General Motors Company will post 12.85 EPS for the current year.

General Motors declared that its Board of Directors has authorized a share buyback plan on Tuesday, January 27th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the auto manufacturer to reacquire up to 8.1% of its stock through open market purchases. Stock 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. Stockholders of record on Friday, June 5th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. General Motors’s payout ratio is currently 29.03%.

Analyst Ratings Changes

Several equities analysts recently issued reports on GM shares. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. Evercore reaffirmed an “outperform” rating and set a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Morgan Stanley reaffirmed an “overweight” rating and set a $100.00 price objective on shares of General Motors in a report on Wednesday, January 28th. Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Finally, Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $94.65.

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.