HighTower Advisors LLC cut its holdings in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 297,390 shares of the auto manufacturer’s stock after selling 27,970 shares during the quarter. HighTower Advisors LLC’s holdings in General Motors were worth $24,184,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of GM. Wealth Enhancement Advisory Services LLC raised its stake in General Motors by 20.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 235,793 shares of the auto manufacturer’s stock worth $13,502,000 after acquiring an additional 39,650 shares in the last quarter. M&T Bank Corp lifted its position in General Motors by 82.0% in the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after acquiring an additional 32,474 shares during the last quarter. Legacy Capital Group California Inc. boosted its stake in General Motors by 206.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock valued at $1,708,000 after acquiring an additional 14,150 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of General Motors by 7.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 194,869 shares of the auto manufacturer’s stock worth $11,882,000 after purchasing an additional 14,209 shares during the last quarter. Finally, Perbak Capital Partners LLP increased its position in shares of General Motors by 94.1% during the third quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer’s stock worth $2,871,000 after purchasing an additional 22,829 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.
General Motors Stock Up 2.1%
Shares of NYSE GM opened at $78.81 on Friday. The stock has a market capitalization of $71.06 billion, a price-to-earnings ratio of 31.78, a price-to-earnings-growth ratio of 0.39 and a beta of 1.29. General Motors Company has a 52 week low of $46.81 and a 52 week high of $87.62. The firm has a 50-day moving average price of $76.04 and a 200 day moving average price of $77.60. 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 Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio (DPR) is presently 29.03%.
General Motors announced that its board has authorized a stock 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 shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.
Analysts Set New Price Targets
GM has been the topic of several research analyst reports. UBS Group lifted their price target on General Motors from $102.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Royal Bank Of Canada dropped their price target on shares of General Motors from $96.00 to $95.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Citigroup raised their price objective on shares of General Motors from $105.00 to $108.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. DZ Bank raised General Motors from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a report on Thursday, January 29th. Finally, Mizuho cut their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. One investment 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 assigned a Sell rating to the company. According to MarketBeat, General Motors currently has a consensus rating of “Moderate Buy” and an average target price of $94.65.
Read Our Latest Research Report on GM
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM’s supplier network got a boost after Cleveland-Cliffs was named the 2025 GM Supplier of the Year, reinforcing GM’s relationships with key North American materials providers and highlighting supply-chain execution. Cleveland-Cliffs Awarded 2025 GM Supplier of the Year by General Motors
- Positive Sentiment: Reports that GM is ramping up production of the Chevy Trax to meet demand suggest healthier sales momentum for one of its higher-volume models. GM Planning To Increase Chevy Trax Production In June
- Positive Sentiment: GM is moving assembly of its Groove and Aveo models from China to Mexico, a shift that could improve supply-chain resilience and lower tariff or logistics exposure. GM will move assembly of its Groove and Aveo models from China to Mexico
- Positive Sentiment: GM was also mentioned among major U.S. companies seeking tariff refunds, which could help offset prior duty costs if approved. Trump said he’d ‘remember’ companies that didn’t apply for tariff refunds. Many of them are anyway
- Neutral Sentiment: GM also appeared in broader auto-industry coverage alongside Ford and Stellantis, reflecting continued investor interest in the Detroit automakers rather than a GM-specific catalyst. Ford Surges 8%, Easily Outpaces General Motors and Stellantis: The Detroit Comeback Has a Clear Leader
- Negative Sentiment: GM faces fresh safety-recall headlines, including fixes for incorrect front wheel hub bolts on large SUVs and faulty roof rail airbags on the GMC Sierra, which can weigh on sentiment if investors worry about warranty and reputational costs. GM Recalls Large SUVs To Replace Incorrect Front Wheel Hub Bolts GMC Sierra Recalled Once More Over Faulty Roof Rail Airbags
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.
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