General Motors Company $GM Shares Purchased by Handelsbanken Fonder AB

Posted by Brenda Bartman on May 22nd, 2026

Handelsbanken Fonder AB boosted its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 174,545 shares of the auto manufacturer’s stock after purchasing an additional 9,607 shares during the quarter. Handelsbanken Fonder AB’s holdings in General Motors were worth $14,194,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GM. Brighton Jones LLC raised its stake in General Motors by 456.1% in the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock valued at $2,062,000 after purchasing an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC raised its stake in General Motors by 61.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock valued at $913,000 after purchasing an additional 7,058 shares during the last quarter. Baird Financial Group Inc. raised its stake in General Motors by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock valued at $1,847,000 after purchasing an additional 1,706 shares during the last quarter. Jump Financial LLC raised its stake in General Motors by 45.7% in the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock valued at $1,248,000 after purchasing an additional 7,951 shares during the last quarter. Finally, AXA S.A. raised its stake in General Motors by 69.4% in the 2nd quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock valued at $3,275,000 after purchasing an additional 27,270 shares during the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on GM. Evercore reissued an “outperform” rating and issued a $100.00 price objective on shares of General Motors in a research note on Monday, May 4th. Benchmark raised their target price on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. Citigroup raised their target price on General Motors from $105.00 to $108.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Zacks Research downgraded General Motors from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.65.

Read Our Latest Research Report on GM

General Motors Stock Up 1.5%

Shares of GM opened at $77.28 on Friday. General Motors Company has a 52-week low of $46.81 and a 52-week high of $87.62. The company has a market capitalization of $69.68 billion, a PE ratio of 31.16, a price-to-earnings-growth ratio of 0.38 and a beta of 1.29. The stock has a fifty day simple moving average of $75.96 and a two-hundred day simple moving average of $77.59. 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 (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The business had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company’s revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities analysts forecast that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be issued 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 0.9%. General Motors’s dividend payout ratio is currently 29.03%.

General Motors declared that its board has authorized a share repurchase program on Tuesday, January 27th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the auto manufacturer to purchase up to 8.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.

Key Headlines Impacting General Motors

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

Positive Sentiment: GM plans to increase production of the Chevrolet Trax in June, which suggests stronger demand and could support near-term sales volumes. GM Planning To Increase Chevy Trax Production In June
Positive Sentiment: GM is being highlighted as a strong value stock, which may help investor sentiment by reinforcing the company’s valuation appeal. Here’s Why General Motors (GM) is a Strong Value Stock
Positive Sentiment: GM is expanding U.S. investment in key products, which investors may see as a lower-risk growth move than prior EV spending. GM Is Cranking Up U.S. Investments Again. This Time, It’s Great News.
Neutral Sentiment: GM is moving assembly of the Chevrolet Groove and Aveo from China to Mexico, a supply-chain shift that could improve flexibility and reduce geopolitical risk, but its financial impact is still unclear. GM will move assembly of its Groove and Aveo models from China to Mexico
Neutral Sentiment: GM received multiple supplier-related headlines after naming HARMAN, Dolby, and Lear as Supplier of the Year winners, which reflects strong vendor relationships but is not likely to move GM shares directly. HARMAN Named 2025 Supplier of the Year by General Motors
Negative Sentiment: GM issued a do-not-drive recall tied to a sudden wheel lock-up risk, which can weigh on the stock because recalls raise warranty costs and safety concerns. GM Issues Urgent Do-Not-Drive Recall Over Sudden Wheel Lock-Up Risk

About General Motors

(Free Report)

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.