Lido Advisors LLC grew its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 99.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,016 shares of the auto manufacturer’s stock after acquiring an additional 41,844 shares during the quarter. Lido Advisors LLC’s holdings in General Motors were worth $6,259,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of GM. Cibc World Market Inc. increased its holdings in shares of General Motors by 57.2% in the 4th quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock worth $16,318,000 after purchasing an additional 72,984 shares in the last quarter. M&T Bank Corp boosted its position in shares of General Motors by 82.0% during the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after buying an additional 32,474 shares during the last quarter. Legacy Capital Group California Inc. increased its holdings in General Motors by 206.4% in the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock worth $1,708,000 after buying an additional 14,150 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in General Motors by 16.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after buying an additional 28,163 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in General Motors in the 4th quarter worth about $17,753,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Trading Up 2.4%
General Motors stock opened at $82.59 on Friday. General Motors Company has a 52-week low of $51.69 and a 52-week high of $87.62. The company has a market cap of $72.47 billion, a P/E ratio of 41.71, a P/E/G ratio of 0.40 and a beta of 1.31. The company has a quick ratio of 0.99, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The business has a 50-day simple moving average of $79.24 and a two-hundred day simple moving average of $78.86.
General Motors Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a $0.18 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is presently 36.36%.
Key General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
- Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
- Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
- Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
- Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
- Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title
Wall Street Analysts Forecast Growth
GM has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their target price on shares of General Motors from $110.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday. Mizuho decreased their price objective on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Wells Fargo & Company increased their price objective on shares of General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday. Evercore restated an “outperform” rating and issued a $100.00 target price on shares of General Motors in a report on Monday, May 4th. Finally, Wall Street Zen raised shares of General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One equities research analyst has 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 company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $99.59.
View Our Latest Analysis on GM
Insider Transactions at General Motors
In other news, CEO Mary T. Barra sold 215,391 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total value of $17,233,433.91. Following the completion of the sale, the chief executive officer directly owned 770,491 shares in the company, valued at $61,646,984.91. This represents a 21.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the transaction, the chief accounting officer directly owned 25,794 shares in the company, valued at approximately $2,192,490. This represents a 21.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 697,388 shares of company stock worth $57,752,596 in the last 90 days. 0.54% of the stock is currently owned by insiders.
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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