Jefferies Financial Group Inc. trimmed its holdings in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 77.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 18,094 shares of the auto manufacturer’s stock after selling 62,750 shares during the period. Jefferies Financial Group Inc.’s holdings in General Motors were worth $1,103,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of General Motors in the third quarter valued at $29,000. Armstrong Advisory Group Inc. lifted its stake in General Motors by 94.6% in the third quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 265 shares during the last quarter. ESL Trust Services LLC acquired a new stake in General Motors in the third quarter valued at $37,000. Twin Peaks Wealth Advisors LLC acquired a new stake in General Motors during the second quarter worth approximately $38,000. Finally, MRP Capital Investments LLC grew its holdings in shares of General Motors by 142.9% during the second quarter. MRP Capital Investments LLC now owns 850 shares of the auto manufacturer’s stock worth $42,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Stock Down 1.8%
Shares of NYSE:GM opened at $73.43 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $66.38 billion, a P/E ratio of 24.40, a P/E/G ratio of 0.40 and a beta of 1.37. General Motors Company has a 52-week low of $41.60 and a 52-week high of $87.62. The stock’s fifty day simple moving average is $80.89 and its 200-day simple moving average is $72.10.
General Motors announced that its Board of Directors has authorized a stock buyback program on Tuesday, January 27th that authorizes the company to repurchase $6.00 billion in shares. This repurchase authorization authorizes the auto manufacturer to buy up to 8.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.
General Motors Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.0%. This is a positive change from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s dividend payout ratio (DPR) is currently 23.92%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on GM shares. Wedbush upped their target price on shares of General Motors from $75.00 to $95.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft increased their price target on General Motors from $82.00 to $83.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. Barclays set a $110.00 price objective on General Motors in a report on Wednesday, January 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company increased their price target on shares of General Motors from $48.00 to $57.00 and gave the company an “underweight” rating in a report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $91.39.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Q4 beat, dividend hike and buyback boost confidence in capital return and cash generation — supports valuation and shareholder returns. General Motors (GM) Q4 Adjusted EPS Beats at $2.51 as Company Hikes Dividend 20%, Adds $6B Buyback
- Positive Sentiment: GM’s reversal on the Chevy Bolt (EV U‑turn) signals management pragmatism on EV strategy and potential to monetize existing platforms/brand recognition. The Chevrolet Bolt Lives Again: Inside GM’s Unprecedented EV U-Turn
- Positive Sentiment: GM is re-entering India via ACDelco parts (aftermarket opportunity) — diversification into a $12B market adds a recurring revenue stream less exposed to new‑vehicle cycles. Why Is General Motors Betting on India’s Auto Parts Market?
- Positive Sentiment: UAW/industrial policy shifts (tariffs) credited with Detroit Diesel adding shifts and jobs — constructive for domestic production momentum and GM’s U.S. operations. As Detroit Diesel adds shift, more jobs, UAW says tariffs are working
- Positive Sentiment: Brand/PR activity (GM aiding EV1 rebuild) can help heritage EV credibility and customer engagement. GM Will Help Rebuild EV1 V212: Video
- Neutral Sentiment: Market note: Zacks flagged GM fell more than the broader market in the latest session — useful context but not a driver by itself. General Motors (GM) Registers a Bigger Fall Than the Market: Important Facts to Note
- Neutral Sentiment: Supplier impact: brakes supplier Surface Transforms filed an administration notice after losing a GM contract — negative for supplier but limited direct impact on GM’s operations. Brakes firm Surface Transforms files administration notice and warns on job cuts after GM contract loss
- Negative Sentiment: Safety recalls: GM announced recalls totaling tens of thousands of vehicles (≈17K Buick Regal; ~12K pickups) for issues that could lead to crashes or engine stalls — near‑term repair costs, warranty exposure and reputational risk. GM issues recall 17K vehicles over rear toe link fracture that could lead to crashes GM recalls nearly 12,000 pickup trucks over engine stall risk
- Negative Sentiment: Legal/claims: new engine lawsuits and a shareholder solicitation alleging insider fiduciary breaches introduce litigation risk and potential headline pressure. GM hit with another engine lawsuit, this time on its 1.2-liter three-cylinder Did General Motors Company Insiders Breach their Fiduciary Duties to Shareholders?
- Negative Sentiment: Sector headwinds: Honda’s huge EV write‑offs highlight an “EV winter” and demand/strategy risks across automakers — could pressure expectations for EV investments and margins industry‑wide. Honda to Write Off $15.7 Billion as EV Winter Arrives. What That Means for Ford, GM Stocks.
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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