Legal & General Group Plc Sells 886,905 Shares of General Motors Company $GM

Legal & General Group Plc reduced its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 8.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 9,256,874 shares of the auto manufacturer’s stock after selling 886,905 shares during the period. Legal & General Group Plc’s holdings in General Motors were worth $564,392,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Steigerwald Gordon & Koch Inc. bought a new stake in General Motors in the third quarter valued at about $29,000. Armstrong Advisory Group Inc. raised its holdings in shares of General Motors by 94.6% during 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 period. ESL Trust Services LLC bought a new stake in General Motors in the 3rd quarter valued at $37,000. Twin Peaks Wealth Advisors LLC bought a new stake in General Motors in the 2nd quarter valued at $38,000. Finally, MRP Capital Investments LLC boosted its stake in General Motors by 142.9% in the 2nd 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 period. 92.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on GM. UBS Group lifted their price target on General Motors from $97.00 to $102.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Royal Bank Of Canada upped their price objective on General Motors from $92.00 to $107.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Barclays set a $110.00 target price on General Motors in a research report on Wednesday, January 28th. Wall Street Zen cut General Motors from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Finally, Benchmark upped their price target on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.39.

Key Headlines Impacting General Motors

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

• Positive Sentiment: Revived Chevy Bolt shifts investor focus to EV profitability — GM is restarting the Bolt with cost-saving measures (shared EV parts, LFP batteries, efficiency gains) that allow a $28,995 2027 base price and improve EV margin prospects, which supports upside to future EPS. General Motors Revives Chevy Bolt EV And Reframes EV Profit Potential
• Positive Sentiment: Dealer/service strength: V2X contract extended through 2030 — a multi-year, >$100M training agreement to upskill GM technicians supports service network quality and could reduce warranty/service costs over time. V2X Extends Strategic Partnership with General Motors to Deliver Advanced Technical Training Nationwide
• Neutral Sentiment: Strategic footprint change in India — GM is re-entering India without selling cars (more of a tech/partnership presence), a move that limits near-term revenue impact but preserves long‑term optionality. General Motors returns to India, but without the cars
• Negative Sentiment: Safety recalls on heavy‑duty Silverados/Sierra HDs — GM is recalling HD trucks for a fuel‑system defect that can cause vehicles to keep running out of fuel or improperly shut down; that raises immediate repair cost, logistics and reputational risks for its high-margin truck franchise. GM recalls HD trucks that can’t stop running out of fuel
• Negative Sentiment: Lawsuits and regulatory actions piling up — GM faces engine-related class actions (small turbo/inline‑three suits) and an Iowa AG privacy suit over alleged personal‑data sales; combined legal, warranty and compliance costs could compress margins and weigh on sentiment. GM’s Smallest Engine Is The Subject Of A Big New Lawsuit Iowa Attorney General Sues GM Over Selling Personal Data
• Negative Sentiment: Investor concern from past EV writedowns — despite record truck profits, a prior ~$7B EV write‑off and uncertain EV demand continue to haunt sentiment and can limit multiple expansion even if current results are solid. Record Truck Profits, a $7 Billion EV Write Off, and a Market That Doesn’t Care

General Motors Stock Performance

Shares of NYSE:GM opened at $74.93 on Wednesday. The firm has a market cap of $67.74 billion, a PE ratio of 24.89, a PEG ratio of 0.40 and a beta of 1.37. The company’s 50 day moving average price is $81.18 and its two-hundred day moving average price is $72.07. General Motors Company has a 12-month low of $41.60 and a 12-month high of $87.62. 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 (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.25. The company had revenue of $45.29 billion for the quarter, compared to analyst estimates of $45.81 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The company’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.92 EPS. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Equities research analysts predict that General Motors Company will post 11.44 earnings per share for the current 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 outstanding shares. This repurchase authorization permits the auto manufacturer to purchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

General Motors Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, March 6th will be given a $0.18 dividend. This is an increase from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. General Motors’s dividend payout ratio is presently 23.92%.

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.