LMG Wealth Partners LLC grew its position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 623.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,312 shares of the auto manufacturer’s stock after buying an additional 21,813 shares during the quarter. LMG Wealth Partners LLC’s holdings in General Motors were worth $1,886,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in GM. Franklin Resources Inc. increased its stake in shares of General Motors by 2.7% during the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock worth $2,615,121,000 after acquiring an additional 835,645 shares during the period. Geode Capital Management LLC lifted its position in General Motors by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after purchasing an additional 267,477 shares during the period. Capital World Investors lifted its position in General Motors by 7.8% in the fourth quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after purchasing an additional 1,405,530 shares during the period. AQR Capital Management LLC boosted its holdings in General Motors by 5.5% in the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock valued at $868,986,000 after purchasing an additional 748,831 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in General Motors by 3.9% in the 4th quarter. Morgan Stanley now owns 13,191,028 shares of the auto manufacturer’s stock valued at $1,072,695,000 after purchasing an additional 494,404 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.
General Motors Trading Up 1.5%
NYSE:GM opened at $80.47 on Tuesday. The company has a market capitalization of $72.55 billion, a PE ratio of 32.45, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. General Motors Company has a 52-week low of $47.63 and a 52-week high of $87.62. The stock has a fifty day simple moving average of $79.25 and a 200-day simple moving average of $79.31.
General Motors Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Friday, June 5th. General Motors’s dividend payout ratio is 29.03%.
Insider Activity
In other news, EVP Rory Harvey sold 9,124 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the transaction, the executive vice president directly owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This trade represents a 19.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 99,239 shares of General Motors stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total value of $8,445,238.90. Following the transaction, the chief executive officer owned 592,242 shares of the company’s stock, valued at $50,399,794.20. This represents a 14.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 697,388 shares of company stock worth $57,752,596 over the last ninety days. 0.54% of the stock is currently owned by insiders.
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM continued to trade higher as investors rotated into the stock, with recent market coverage highlighting the move and keeping attention on the company’s valuation and earnings momentum. General Motors (GM) Rises As Market Takes a Dip: Key Facts
- Positive Sentiment: Lockheed Martin and GM Defense announced a partnership to boost U.S. manufacturing capacity, which could reinforce GM’s defense-business growth story and highlight diversification beyond traditional autos. Lockheed Martin and GM Defense partner to boost US manufacturing capacity
- Positive Sentiment: GM’s CEO said humans are no longer coding self-driving cars and that AI is taking a larger role, underscoring the company’s push to stay competitive in autonomous driving. GM’s CEO: Humans Aren’t Coding Self-Driving Cars Anymore, AI Is
- Neutral Sentiment: GM is drawing investor attention after appearing on Zacks’ list of most-searched stocks, but the note did not include a major new fundamental catalyst. General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: United Road was named a 2025 GM Supplier of the Year, a positive signal for GM’s supply-chain relationships, though the direct stock impact is likely limited. United Road Named a 2025 General Motors Supplier of the Year
- Negative Sentiment: News that GM replaced more than 1,000 workers with 50 robots at its Detroit Factory Zero plant could add reputational pressure and raise labor concerns, even if the move supports automation efficiency. GM replaces more than 1000 workers with 50 robots at flagship Detroit plant
- Negative Sentiment: Another report echoed the workforce-replacement story, suggesting the issue is gaining traction in the media and could weigh on sentiment. GM replaces more than 1000 workers with 50 robots at flagship Detroit plant
Analyst Ratings Changes
A number of equities analysts have recently issued reports on GM shares. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and increased their target price for the stock from $83.00 to $90.00 in a research note on Tuesday, April 14th. Evercore restated an “outperform” rating and issued a $100.00 price target on shares of General Motors in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Wolfe Research upgraded General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price objective for the company in a research report on Wednesday, March 25th. Finally, TD Cowen raised their target price on General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $95.65.
Get Our Latest Research Report on GM
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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