Teacher Retirement System of Texas trimmed its position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 3.8% during the fourth quarter, HoldingsChannel reports. The fund owned 790,249 shares of the auto manufacturer’s stock after selling 31,542 shares during the quarter. Teacher Retirement System of Texas’ holdings in General Motors were worth $64,263,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. PDS Planning Inc increased its stake in shares of General Motors by 3.4% during the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after acquiring an additional 131 shares during the period. Kentucky Trust Co increased its stake in shares of General Motors by 5.1% during the fourth quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer’s stock worth $239,000 after acquiring an additional 144 shares during the period. Tiemann Investment Advisors LLC increased its stake in shares of 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 acquiring an additional 150 shares during the period. Hemington Wealth Management increased its stake in shares of 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 acquiring an additional 154 shares during the period. Finally, Fielder Capital Group LLC boosted its holdings in General Motors by 3.3% during the third quarter. Fielder Capital Group LLC now owns 5,131 shares of the auto manufacturer’s stock worth $313,000 after buying an additional 163 shares in the last quarter. 92.67% of the stock is currently owned by institutional investors and hedge funds.
General Motors Stock Down 0.1%
Shares of NYSE GM opened at $79.01 on Thursday. General Motors Company has a 12-month low of $44.72 and a 12-month high of $87.62. The company has a market capitalization of $71.42 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 0.44 and a beta of 1.34. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.01. The firm’s 50-day moving average is $76.92 and its two-hundred day moving average is $75.55.
General Motors Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, March 6th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. General Motors’s payout ratio is currently 23.92%.
General Motors declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, January 27th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on GM shares. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Tuesday. Wells Fargo & Company boosted their price objective on shares of General Motors from $48.00 to $57.00 and gave the stock an “underweight” rating in a report on Wednesday, January 28th. Morgan Stanley reissued an “overweight” rating and set a $100.00 price objective on shares of General Motors in a report on Wednesday, January 28th. The Goldman Sachs Group decreased their price objective on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Royal Bank Of Canada boosted their price objective on shares of General Motors from $92.00 to $107.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $91.25.
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM reached a renewable‑energy milestone across its U.S. operations, improving its ESG profile and potentially lowering operating costs over time. GM Reaches Renewable Energy Milestone Across US Operations
- Positive Sentiment: GM bought a new plant on the former Palace of Auburn Hills site to support production of gasoline‑powered Cadillac Escalade and full‑size Silverado/Sierra pickups — a move that shores up capacity for higher‑margin ICE trucks. GM buys plant built on the site of the former Palace of Auburn Hills
- Positive Sentiment: High‑profile bullish commentary — including Jim Cramer and bullish investor pieces — reinforces confidence in management (Mary Barra) and the case for investing in GM’s execution and cash returns. Jim Cramer on General Motors: “I Want You to Invest in Mary Barra”
- Neutral Sentiment: Analyst previews note rising software momentum at GM (higher‑margin recurring revenue) but flag declining vehicle sales and tariff pressures — a mixed outlook that tempers both growth and margin expectations. General Motors to Report Q1 Earnings: Here’s What to Expect
- Negative Sentiment: Multiple reports say GM is indefinitely delaying its next‑generation full‑size EV truck program (Factory Zero), which undermines the EV growth narrative and raises questions about timing and capital allocation for EV leadership. GM delays next-gen EV truck program, Crain’s Detroit reports
- Negative Sentiment: Coverage indicates GM is pivoting to hybrid and gasoline pickups instead of launching the planned full‑size EV trucks, a strategic rebalancing that could slow EV revenue upside and disappoint growth‑oriented investors. GM Halts Next-Gen EV Trucks-Turns Attention To Hybrid Pickups Instead
- Negative Sentiment: Consensus previews and earnings‑beat odds suggest Q1 results could disappoint (expectations for lower EPS), adding near‑term downside risk to the stock until results and guidance are digested. General Motors to Report Q1 Earnings: Here’s What to Expect
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.
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