Sound Shore Management Inc CT Decreases Stock Holdings in General Motors Company $GM

Sound Shore Management Inc CT lessened its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 3.3% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,487,512 shares of the auto manufacturer’s stock after selling 51,287 shares during the period. General Motors accounts for approximately 3.0% of Sound Shore Management Inc CT’s portfolio, making the stock its 8th largest holding. Sound Shore Management Inc CT’s holdings in General Motors were worth $90,694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of General Motors by 11.5% in the 2nd quarter. Vanguard Group Inc. now owns 110,759,703 shares of the auto manufacturer’s stock valued at $5,450,485,000 after acquiring an additional 11,418,367 shares in the last quarter. Viking Global Investors LP increased its position in shares of General Motors by 81.1% in the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after purchasing an additional 5,830,050 shares during the last quarter. Legal & General Group Plc increased its position in shares of General Motors by 0.5% in the second quarter. Legal & General Group Plc now owns 10,143,779 shares of the auto manufacturer’s stock worth $499,175,000 after purchasing an additional 54,853 shares during the last quarter. Norges Bank purchased a new stake in General Motors in the second quarter valued at approximately $444,319,000. Finally, Ameriprise Financial Inc. lifted its position in General Motors by 8.0% during the second quarter. Ameriprise Financial Inc. now owns 5,699,105 shares of the auto manufacturer’s stock valued at $280,457,000 after purchasing an additional 424,396 shares during the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

General Motors Stock Down 0.6%

Shares of NYSE GM opened at $79.77 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. General Motors Company has a 52 week low of $41.60 and a 52 week high of $87.62. The firm’s fifty day moving average is $81.73 and its 200 day moving average is $68.65. The company has a market cap of $72.11 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 0.44 and a beta of 1.36.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.25. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The business had revenue of $45.29 billion during the quarter, compared to analysts’ expectations of $45.81 billion. During the same quarter in the prior year, the company posted $1.92 EPS. The firm’s revenue for the quarter was down 5.1% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, equities research analysts expect that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be issued a dividend of $0.18 per share. The ex-dividend date is Friday, March 6th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. This is a boost from General Motors’s previous quarterly dividend of $0.15. General Motors’s dividend payout ratio (DPR) is presently 23.92%.

General Motors declared that its board has initiated a stock buyback plan on Tuesday, January 27th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the auto manufacturer to repurchase up to 8.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages have recently commented on GM. Royal Bank Of Canada increased their price target on shares of General Motors from $92.00 to $107.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Argus set a $78.00 target price on shares of General Motors in a research report on Thursday, October 23rd. Evercore lifted their price target on General Motors from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. HSBC increased their price objective on General Motors from $48.00 to $75.00 and gave the company a “hold” rating in a research report on Tuesday, January 13th. Finally, Tigress Financial raised their price objective on General Motors from $88.00 to $92.00 and gave the company a “strong-buy” rating in a report on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $89.52.

Key Stories Impacting General Motors

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: DZ Bank upgraded GM to Buy and set a $98 price target, providing a clear bullish catalyst that could support further gains if other investors follow the call. DZ Bank is Bullish on General Motors Company (GM)
• Positive Sentiment: GM ended 2025 as Canada’s top EV seller — positive top‑line momentum in a key EV market supports revenue mix improvement and execution of EV strategy. GM finishes job, ends 2025 as Canada’s top EV seller
• Positive Sentiment: Coverage/contract developments tied to Honda’s weak EV sales could benefit GM financially under partnership terms — a potential one‑time/recurring upside depending on settlement details. Honda Being Forced to Compensate General Motors for Poor EV Sales
• Neutral Sentiment: GM released a software/repair fix for engine ticking on several V6/V8 models — reduces customer complaints and potential warranty exposure but is not a major financial swing unless broader defects emerge. GM Releases Fix For Chevy Silverado, Colorado, Traverse Engine Ticking Noise
• Neutral Sentiment: Executive hire — GM tapped Claudia Gast (ex‑Lucid) for a senior strategy role; signals focus on EV/strategy execution but is incremental in near term. GM taps Claudia Gast for senior strategy role
• Neutral Sentiment: Broader industry/legal items — the BYD v. U.S. tariff case and coverage of GM/Allison split could change competitive dynamics long term; watch for policy or supply implications. BYD Vs. Trump: Why Tesla, Ford And GM Are Watching This Lawsuit Closely
• Negative Sentiment: Zacks cut several near‑term quarterly EPS estimates (Q1 2026, Q4 2026, Q1 2027, Q2 2027) and maintains a Hold — near‑term downward revisions can weigh on sentiment even as some later quarters and FY estimates were raised.
• Negative Sentiment: GM convened an “urgent” supplier meeting over exposure to First Brands — a possible supply disruption or financial hit from a troubled supplier could pressure margins or production if unresolved. GM calls ‘urgent’ supplier meeting over First Brands exposure
• Negative Sentiment: Recall follow‑ups on the 6.2L V8 (L87) replacement engines highlight ongoing recall/watchlist costs and reputational risk that could add near‑term warranty or service expense. GM 6.2L V8 L87 Recall: How’s Your Replacement Engine Doing So Far?

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.