AustralianSuper Pty Ltd trimmed its holdings in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 30.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,678,026 shares of the auto manufacturer’s stock after selling 717,944 shares during the quarter. AustralianSuper Pty Ltd’s holdings in General Motors were worth $136,457,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. Laurel Wealth Advisors LLC purchased a new position in General Motors in the 4th quarter worth about $25,000. Elevation Wealth Partners LLC boosted its position in General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 275 shares during the period. Kelleher Financial Advisors bought a new position in General Motors in the 3rd quarter worth about $29,000. Founders Capital Management bought a new position in General Motors in the 4th quarter worth about $31,000. Finally, JPL Wealth Management LLC purchased a new position in shares of General Motors during the third quarter worth approximately $32,000. 92.67% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
GM has been the subject of several research analyst reports. Royal Bank Of Canada decreased their price target on shares of General Motors from $96.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. UBS Group raised their price objective on General Motors from $102.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. DZ Bank raised General Motors from a “hold” rating to a “buy” rating and set a $98.00 target price for the company in a research report on Thursday, January 29th. Mizuho lowered their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Finally, Morgan Stanley reissued an “overweight” rating and set a $100.00 price target on shares of General Motors in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $94.65.
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for GM to $12.64 from $11.81, signaling stronger near-term earnings expectations. It also lifted estimates for Q2 2026 and FY2027, which may be supporting sentiment around GM’s profit outlook.
- Positive Sentiment: GM’s Ultium Cells Ohio plant is reportedly recalling some workers after a production halt in January, a sign that battery operations may be stabilizing and could improve EV supply-chain execution.
- Neutral Sentiment: GM is reportedly planning to discontinue Chevrolet Silverado medium-duty trucks. That could help GM focus resources on better-performing products, but it may also reflect portfolio pruning rather than a major growth catalyst.
- Negative Sentiment: GM recently paid a record penalty tied to California privacy-law violations, and a separate report says the company agreed to a $12.75 million settlement over OnStar data collection and sales. These headlines add regulatory and reputational overhang.
- Negative Sentiment: GM is also facing a lawsuit related to recalled 10-speed automatic transmissions, which could create additional legal costs and keep quality-control issues in focus for investors.
General Motors Stock Performance
Shares of GM stock opened at $77.76 on Friday. The firm has a market cap of $70.11 billion, a price-to-earnings ratio of 31.35, a PEG ratio of 0.38 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 company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. The company’s 50 day moving average is $76.07 and its 200 day moving average is $77.39.
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, beating the consensus estimate of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter last year, the firm earned $2.78 EPS. The business’s revenue for the quarter was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, sell-side analysts anticipate that General Motors Company will post 12.85 EPS for the current fiscal year.
General Motors Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is presently 29.03%.
General Motors announced that its board has approved a stock buyback plan on Tuesday, January 27th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the auto manufacturer to purchase up to 8.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.
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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