KLCM Advisors Inc. lessened its position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 6.0% in the 4th quarter, HoldingsChannel reports. The fund owned 169,461 shares of the auto manufacturer’s stock after selling 10,875 shares during the period. General Motors accounts for about 1.2% of KLCM Advisors Inc.’s portfolio, making the stock its 22nd biggest holding. KLCM Advisors Inc.’s holdings in General Motors were worth $13,781,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bogart Wealth LLC grew its holdings in General Motors by 15.6% during the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after acquiring an additional 122 shares in the last quarter. PDS Planning Inc grew its holdings in General Motors by 3.4% during the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after acquiring an additional 131 shares in the last quarter. Kentucky Trust Co grew its holdings in General Motors by 5.1% during the 4th quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer’s stock worth $239,000 after acquiring an additional 144 shares in the last quarter. Tiemann Investment Advisors LLC raised its holdings in General Motors by 3.1% during the third quarter. Tiemann Investment Advisors LLC now owns 5,045 shares of the auto manufacturer’s stock worth $308,000 after purchasing an additional 150 shares in the last quarter. Finally, Hemington Wealth Management raised its holdings in General Motors by 14.5% during the third quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer’s stock worth $74,000 after purchasing an additional 154 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.
Wall Street Analyst Weigh In
GM has been the topic of a number of research analyst reports. TD Cowen raised their price objective on shares of General Motors from $122.00 to $126.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Bank of America initiated coverage on shares of General Motors in a report on Wednesday, March 4th. They set a “buy” rating and a $105.00 price objective on the stock. Evercore reissued an “outperform” rating and set a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Finally, Piper Sandler reissued an “overweight” rating and set a $102.00 price objective on shares of General Motors in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.65.
General Motors Stock Performance
Shares of GM opened at $75.27 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The firm has a market cap of $67.87 billion, a PE ratio of 30.35, a price-to-earnings-growth ratio of 0.40 and a beta of 1.29. The company’s 50 day simple moving average is $76.14 and its 200-day simple moving average is $77.21. General Motors Company has a 12-month low of $46.81 and a 12-month high of $87.62.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The business had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities analysts predict that General Motors Company will post 12.77 EPS for the current year.
General Motors Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. General Motors’s dividend payout ratio (DPR) is 29.03%.
General Motors declared that its Board of Directors has approved a share buyback program on Tuesday, January 27th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the auto manufacturer to buy up to 8.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Wedbush reaffirmed its Outperform rating on General Motors and raised its price target to $95, signaling meaningful upside if GM delivers on its outlook and margin improvements.
- Positive Sentiment: GM is also being viewed favorably by some investors for its operational discipline, with the company continuing to defend its 2026 guidance despite a higher-risk backdrop.
- Neutral Sentiment: GM was reported to be increasing truck production, which could help offset demand issues in other areas, but the direct stock impact is still unclear.
- Neutral Sentiment: A California privacy settlement tied to GM’s OnStar data practices adds a legal cost and reputational issue, though the financial impact appears manageable relative to GM’s size.
- Neutral Sentiment: Broader consumer-stocks weakness and mixed market trading conditions may also be weighing on sentiment across auto-related names.
- Negative Sentiment: GM announced another round of layoffs, including plans to cut hundreds of salaried IT workers, reinforcing concerns about cost pressures and restructuring needs. GM cutting hundreds of salaried IT workers as it cuts costs, evaluates needs
- Negative Sentiment: Additional reports said GM is trimming white-collar IT staff to bring in different technical skills, suggesting ongoing workforce restructuring rather than a clean growth story. GM to Cut Hundreds of White Collar Workers in IT Overhaul
- Negative Sentiment: Another headline about layoffs in Michigan adds to the narrative that GM is reducing headcount as it adjusts to changing demand and technology needs. As GM Announces New Round of Layoffs, Michigan Advisor Launches Free Retirement Resource Built Specifically for Ford, GM, and Stellantis Workers
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.
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