CWA Asset Management Group LLC raised its holdings in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 6.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,080 shares of the auto manufacturer’s stock after acquiring an additional 8,416 shares during the quarter. CWA Asset Management Group LLC’s holdings in General Motors were worth $10,659,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Steigerwald Gordon & Koch Inc. bought a new position in General Motors in the third quarter valued at $29,000. Kelleher Financial Advisors acquired a new stake in General Motors in the 3rd quarter valued at $29,000. JPL Wealth Management LLC bought a new stake in General Motors during the 3rd quarter worth about $32,000. Armstrong Advisory Group Inc. boosted its stake in shares of General Motors by 94.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 265 shares during the last quarter. Finally, ESL Trust Services LLC bought a new position in shares of General Motors in the 3rd quarter valued at about $37,000. Institutional investors own 92.67% of the company’s stock.
General Motors Price Performance
General Motors stock opened at $72.74 on Friday. The stock’s 50 day moving average is $79.76 and its 200 day moving average is $72.71. General Motors Company has a one year low of $41.60 and a one year high of $87.62. The firm has a market cap of $65.75 billion, a P/E ratio of 24.17, a P/E/G ratio of 0.40 and a beta of 1.37. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.01.
General Motors declared that its Board of Directors has initiated a share repurchase plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the auto manufacturer to purchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
General Motors Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.0%. This is an increase from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 6th. General Motors’s payout ratio is currently 23.92%.
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM’s CFO said slower EV growth creates an opportunity and expects the EV-related cash headwind to be “behind us” by the end of Q2, signaling management expects improving near-term cash flow from EV investments. GM CFO: Lower EV growth presents opportunity
- Positive Sentiment: GM is pivoting some battery capacity toward energy storage and rehiring ~700 workers, a move that can reduce EV plant idle costs and improve asset utilization if execution continues. GM shifts from EV batteries to energy storage, bringing back 700 workers
- Positive Sentiment: GM is changing its U.S. used-vehicle strategy to better compete with online platforms like Carvana, which could boost dealer margins and accelerate higher-margin used-vehicle revenue. General Motors (GM) Moves to Boost its Dealers’ Used-car Operations
- Positive Sentiment: Analysts and write-ups highlight OnStar and software/subscription growth as a margin-enhancing lever for GM, supporting longer-term profitability even as EV losses compress near-term margins. Is General Motors Stock a Buy Now on OnStar’s Growth Potential?
- Neutral Sentiment: Coverage comparing GM and Tesla notes GM is gaining EV market share in some segments — important context for investors but not an immediate catalyst on its own. Should Tesla be Worried About General Motors?
- Neutral Sentiment: Reports say GM’s Ultium/assembly footprint is consolidating (one primary EV battery hub), which could concentrate capex and simplify operations but raises execution risk if capacity mismatches occur. Ultium Cells facility expected to become GM’s lone EV battery hub
- Negative Sentiment: Macro/policy headwinds persist: analyses attribute billions in lost profits to tariffs on steel and aluminum, a cost pressure that weighs on margins for all U.S. automakers including GM. Trump’s Tariffs Cost US Carmakers $35 Billion and Counting
- Negative Sentiment: Consumer-facing product notices (e.g., warranty limitations around fuel mistakes) and recent coolant-leak fixes highlight ongoing quality/service risks that can depress resale values and increase aftersales costs. GM’s Flint Assembly just built its 16-millionth vehicle
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $100.00 target price on shares of General Motors in a research report on Wednesday, January 28th. Wedbush raised their price target on General Motors from $75.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. DZ Bank raised General Motors from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research report on Thursday, January 29th. Benchmark increased their price objective on General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Jefferies Financial Group raised their target price on shares of General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.39.
Check Out Our Latest Research Report on GM
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.
See Also
Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U).
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.
