General Motors Company $GM Shares Acquired by North Dakota State Investment Board

Posted by Francis Steltz on Oct 29th, 2026

North Dakota State Investment Board lifted its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 14.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,162 shares of the auto manufacturer’s stock after purchasing an additional 6,604 shares during the quarter. North Dakota State Investment Board’s holdings in General Motors were worth $3,939,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of GM. Evergreen Advisors LLC purchased a new stake in General Motors in the first quarter valued at approximately $26,000. Comprehensive Financial Planning Inc. PA purchased a new position in General Motors during the 2nd quarter worth approximately $31,000. Burk Holdings LLC purchased a new position in General Motors during the 2nd quarter worth approximately $31,000. Premier Financial Group purchased a new position in General Motors during the 2nd quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC lifted its stake in General Motors by 70.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 464 shares of the auto manufacturer’s stock valued at $36,000 after acquiring an additional 192 shares during the period. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Grant Dixton sold 40,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the sale, the executive vice president directly owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This represents a 42.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is currently owned by corporate insiders.

General Motors Stock Up 2.5%

General Motors stock opened at $82.52 on Thursday. The business’s 50-day moving average price is $83.04 and its 200 day moving average price is $80.58. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 1.32. The firm has a market cap of $69.61 billion, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 0.43 and a beta of 1.40. General Motors Company has a 52 week low of $66.75 and a 52 week high of $91.85.

General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.69 by $0.01. General Motors had a return on equity of 19.36% and a net margin of 2.12%. The company had revenue of $50.02 billion during the quarter, compared to the consensus estimate of $48.78 billion. During the same period in the previous year, the company posted $2.80 earnings per share. General Motors’s revenue for the quarter was up 2.9% on a year-over-year basis. As a group, sell-side analysts anticipate that General Motors Company will post 13.39 earnings per share for the current year.

General Motors declared that its board has authorized a share repurchase plan on Tuesday, October 20th that permits the company to repurchase $20 billion in outstanding shares. This repurchase authorization permits the auto manufacturer to purchase up to 27.5% of its shares through open market purchases. Share repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

General Motors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th. General Motors’s payout ratio is 16.51%.

General Motors News Roundup

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

Positive Sentiment: GM plans to transfer its common-stock listing from the NYSE to the Nasdaq Global Select Market on November 17, while retaining the “GM” ticker. The move could broaden the company’s technology-oriented investor base and make it eligible for consideration for Nasdaq-100 inclusion, potentially creating demand from index-tracking funds. Shareholders do not need to take action. GM will switch to Nasdaq from the NYSE on Nov. 17
Positive Sentiment: The automaker is reportedly investing about $2 billion to prepare its Lansing, Michigan, facility for hybrid production. GM intends to add hybrid versions of the Chevrolet Traverse, GMC Acadia and Buick Enclave, responding to consumer demand for electrified vehicles without relying exclusively on fully electric models. GM plans to offer hybrid SUVs in strategic pivot
Positive Sentiment: The hybrid strategy may help GM defend market share and improve utilization of existing manufacturing assets as EV adoption develops more gradually than expected. It also gives the company additional powertrain options in high-margin, three-row SUV segments. GM is embracing hybrids now
Positive Sentiment: GM’s technology-focused messaging—including software, electronics and advanced vehicle features—is supporting a more tech-oriented investor narrative. Recent quarterly results also provided a fundamental backdrop, with earnings and revenue slightly exceeding consensus estimates.
Neutral Sentiment: The exchange change does not alter GM’s operations, cash flow or valuation by itself. Analysts and commentators continue to debate whether a Nasdaq listing meaningfully changes GM’s identity as a traditional automaker.
Negative Sentiment: Critics argue that the listing transfer may not resolve GM’s underlying challenges, including U.S. market-share pressure and difficult competitive conditions in China and Europe. Badly Crippled GM Moves To Nasdaq

Wall Street Analyst Weigh In

Several analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of General Motors from $120.00 to $110.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. BNP Paribas Exane increased their price objective on shares of General Motors from $102.00 to $112.00 and gave the stock an “outperform” rating in a research note on Monday, August 31st. Yorkville Ives assumed coverage on shares of General Motors in a report on Monday, October 5th. They set an “outperform” rating and a $100.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Thursday, October 15th. Finally, Truist Financial set a $105.00 target price on shares of General Motors in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $101.44.

Read Our Latest Research Report on General Motors

General Motors Company Profile

(Free Report)

General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.

GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.