Canada Post Corp Registered Pension Plan raised its stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 23.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 87,618 shares of the auto manufacturer’s stock after buying an additional 16,703 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in General Motors were worth $7,125,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GM. Viking Global Investors LP raised its holdings in General Motors by 81.1% in the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after acquiring an additional 5,830,050 shares in the last quarter. Two Sigma Investments LP raised its holdings in General Motors by 348.4% in the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after acquiring an additional 2,757,695 shares in the last quarter. Worldquant Millennium Advisors LLC raised its holdings in General Motors by 436.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock valued at $130,826,000 after acquiring an additional 2,163,274 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in General Motors by 164.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,097,019 shares of the auto manufacturer’s stock valued at $251,850,000 after acquiring an additional 1,927,752 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in General Motors by 270.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,594,525 shares of the auto manufacturer’s stock valued at $158,188,000 after acquiring an additional 1,893,896 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for GM, signaling improved earnings expectations and supporting the case that the stock may be undervalued relative to longer-term profit potential. GM earnings estimate update
- Positive Sentiment: Analysts have highlighted GM as a “strong growth stock,” suggesting the company still has supporters based on its valuation, growth profile, and turnaround opportunities. Zacks GM growth stock article
- Neutral Sentiment: GM is reportedly pausing construction on a Samsung SDI battery plant, which may reflect a slower or more cautious EV investment cadence rather than a clear positive or negative catalyst. GM battery plant pause article
- Neutral Sentiment: GM’s move to cut certain Silverado medium-duty and diesel truck programs may improve capital discipline, but it also points to product rationalization and possible near-term volume pressure. GM Silverado changes article
- Negative Sentiment: GM recently paid a record privacy-law penalty and faces a separate lawsuit over recalled 10-speed automatic transmissions, both of which add legal and reputational overhang. GM privacy penalty article GM transmission lawsuit article
- Negative Sentiment: News that GM and peers have cut more than 20,000 U.S. salaried jobs underscores industry restructuring pressures and the challenge of balancing cost cuts with future growth investments. Detroit automakers job cuts article
General Motors Price Performance
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The business had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Research analysts anticipate that General Motors Company will post 12.85 EPS for the current fiscal year.
General Motors declared that its Board of Directors has initiated a share repurchase program on Tuesday, January 27th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.
General Motors Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio is presently 29.03%.
Wall Street Analyst Weigh In
Several brokerages have recently commented on GM. Zacks Research cut shares of General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft upgraded shares of General Motors from a “hold” rating to a “buy” rating and boosted their target price for the company from $83.00 to $90.00 in a research report on Tuesday, April 14th. Morgan Stanley restated an “overweight” rating and issued a $100.00 target price on shares of General Motors in a research report on Wednesday, January 28th. Finally, Barclays dropped their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, General Motors has an average rating of “Moderate Buy” and an average target price of $94.65.
Check Out Our Latest Stock Report on General Motors
General Motors Company 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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