New Mexico Educational Retirement Board Sells 8,000 Shares of General Motors Company $GM

New Mexico Educational Retirement Board trimmed its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 15.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 43,400 shares of the auto manufacturer’s stock after selling 8,000 shares during the quarter. New Mexico Educational Retirement Board’s holdings in General Motors were worth $2,646,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. CWM LLC raised its holdings in General Motors by 50.8% during the third quarter. CWM LLC now owns 340,858 shares of the auto manufacturer’s stock worth $20,782,000 after buying an additional 114,756 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of General Motors by 6.2% during the second quarter. Corient Private Wealth LLC now owns 341,426 shares of the auto manufacturer’s stock valued at $16,802,000 after buying an additional 20,017 shares during the last quarter. SteelPeak Wealth LLC bought a new stake in shares of General Motors during the third quarter worth about $3,411,000. Burney Co. increased its position in shares of General Motors by 18.7% during the third quarter. Burney Co. now owns 82,037 shares of the auto manufacturer’s stock worth $5,002,000 after acquiring an additional 12,913 shares in the last quarter. Finally, Permanent Capital Management LP acquired a new stake in shares of General Motors in the 3rd quarter worth about $1,102,000. Institutional investors own 92.67% of the company’s stock.

Analysts Set New Price Targets

GM has been the topic of several recent research reports. Barclays set a $110.00 price target on shares of General Motors in a research report on Wednesday, January 28th. Benchmark increased their price objective on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Bank of America started coverage on General Motors in a report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 target price on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $100.00 target price on shares of General Motors in a research report on Wednesday, January 28th. Finally, Piper Sandler reiterated an “overweight” rating and set a $105.00 price target (up from $98.00) on shares of General Motors in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, General Motors currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.39.

Trending Headlines about General Motors

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

• Positive Sentiment: GM is pivoting some battery production to energy storage and rehired ~700 workers — a move that can reduce EV cash burn and monetize battery capacity in a faster-growing grid storage market. GM Shifts From EV Batteries to Energy Storage
• Positive Sentiment: GM and LG Energy Solution will repurpose a Tennessee EV battery plant for energy storage products — a structural change that can improve utilization and lower per-unit costs versus underused EV capacity. GM, LG Energy Solution to repurpose Tennessee EV battery plant
• Positive Sentiment: GM CFO says slower EV growth is an opportunity and that the EV cash headwind should be behind the company by end of Q2 — management is signaling improving cash dynamics. GM CFO: Lower EV growth presents opportunity
• Positive Sentiment: OnStar and software/subscription growth are highlighted as margin drivers that could offset some manufacturing headwinds if adoption continues to accelerate. Is GM Stock a Buy on OnStar’s Growth Potential?
• Positive Sentiment: Flint Assembly hit its 16‑millionth vehicle milestone — a reminder of GM’s scale in profitable heavy-duty trucks and parts of its ICE business. Flint Assembly 16-millionth vehicle
• Neutral Sentiment: Ultium Cells consolidation: one facility may become GM’s lone EV battery hub — could boost efficiency but concentrates operational risk. Ultium Cells facility expected to become GM’s lone EV battery hub
• Neutral Sentiment: GM says recent gas price spikes haven’t materially shifted buying patterns — demand resilience reduces downside from short-term fuel volatility. GM says gas price hikes not impacting sales
• Negative Sentiment: Tariffs remain a notable cost headwind for U.S. automakers — estimates put Trump-era steel/aluminum tariffs at ~$35B and counting, pressuring margins. Trump’s Tariffs Cost US Carmakers $35 Billion
• Negative Sentiment: Volvo pulling EX30 from the U.S. and weak EV demand signals complicate the market backdrop for EV volumes and pricing — a risk to GM’s EV ramp economics. Volvo Scraps EX30 U.S. Sales
• Negative Sentiment: Service/warranty issues: GM warns warranty won’t cover some fuel mistakes, and it issued a fix for a Colorado/Canyon coolant leak — potential for dealer service friction and smaller near-term costs. Warranty fuel mistake warning

General Motors Trading Up 0.4%

Shares of GM stock opened at $73.86 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.01 and a current ratio of 1.17. The company has a market capitalization of $66.76 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 0.40 and a beta of 1.37. General Motors Company has a 52-week low of $41.60 and a 52-week high of $87.62. The company has a 50-day simple moving average of $79.96 and a two-hundred day simple moving average of $72.61.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 EPS for the quarter, topping 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 firm had revenue of $45.29 billion for the quarter, compared to analysts’ expectations of $45.81 billion. During the same quarter last year, the firm earned $1.92 EPS. The company’s quarterly revenue 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. Research analysts anticipate that General Motors Company will post 11.44 EPS for the current fiscal year.

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 shares. This repurchase authorization allows the auto manufacturer to buy up to 8.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

General Motors Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, March 6th were issued 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 was Friday, March 6th. General Motors’s dividend payout ratio is 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.