Levin Capital Strategies L.P. Reduces Position in General Motors Company $GM

Levin Capital Strategies L.P. lessened its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 203,087 shares of the auto manufacturer’s stock after selling 7,119 shares during the period. General Motors makes up about 1.4% of Levin Capital Strategies L.P.’s portfolio, making the stock its 23rd biggest position. Levin Capital Strategies L.P.’s holdings in General Motors were worth $16,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of GM. Viking Global Investors LP grew its position in General Motors by 81.1% during the 2nd 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. Two Sigma Investments LP grew its position in General Motors by 348.4% during the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after purchasing an additional 2,757,695 shares during the last quarter. Worldquant Millennium Advisors LLC grew its position in General Motors by 436.8% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after purchasing an additional 2,163,274 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in General Motors by 164.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,097,019 shares of the auto manufacturer’s stock worth $251,850,000 after purchasing an additional 1,927,752 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in General Motors by 270.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,594,525 shares of the auto manufacturer’s stock worth $158,188,000 after purchasing an additional 1,893,896 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Stock Performance

Shares of NYSE GM opened at $76.59 on Thursday. The company’s fifty day moving average price is $76.59 and its 200 day moving average price is $76.29. General Motors Company has a 1 year low of $44.72 and a 1 year high of $87.62. The company has a market capitalization of $69.23 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 0.43 and a beta of 1.34. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.01 and a current ratio of 1.17.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $1.12. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The firm had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.60 billion. During the same period in the prior year, the firm posted $2.78 earnings per share. The firm’s quarterly revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, research analysts predict that General Motors Company will post 12.43 earnings per share for the current year.

General Motors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio is currently 29.03%.

General Motors declared that its board has authorized a share buyback program on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the auto manufacturer to purchase up to 8.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

General Motors News Roundup

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

• Positive Sentiment: Q1 beat and guidance raise — GM reported a sizable EPS beat and raised 2026 adjusted EBIT guidance (now $13.5B–$15.5B), evidence of margin resilience and price discipline.GM earnings raise
• Positive Sentiment: Tariff refund tailwind — management expects roughly $500M in tariff refunds after a Supreme Court ruling, which materially reduced expected tariff headwinds for 2026 and supported the guidance raise.Tariff refund article
• Positive Sentiment: Product / software catalysts — GM will roll Google’s Gemini AI into ~4 million vehicles and is growing high‑margin software/subscription revenue, supporting longer‑term margin expansion and recurring revenue upside.Gemini AI rollout
• Neutral Sentiment: Capex and ICE investments — GM announced roughly $1.4B earmarked for gas‑engine/transmission/casting plants (U.S. & Canada) and a $691M Ontario investment to keep ICE production current; this supports near‑term demand but could concern EV‑focused investors.ICE investment Reuters
• Negative Sentiment: Macro / geopolitical cost pressure — rising oil prices and Middle East tensions are increasing commodity, logistics and DRAM memory costs; management raised its inflation headwind outlook, which pressures near‑term margins.CNBC cost/headline
• Negative Sentiment: New risk disclosure on supply‑chain / fuel spikes — independent risk notices flagged heightened exposure to geopolitical disruption and fuel‑price volatility that could hit SUV pricing and supply in key markets.TipRanks risk disclosure
• Negative Sentiment: Market reaction and estimate tweaks — shares pulled back after the print despite the beat (investors concerned by revenue/mix, macro volatility and some analyst estimate adjustments), and at least one shop trimmed near‑term EPS forecasts.Shares slip despite beat

Analysts Set New Price Targets

Several analysts have weighed in on the stock. HSBC boosted their target price on shares of General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Morgan Stanley reaffirmed an “overweight” rating and issued a $100.00 price objective on shares of General Motors in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft raised shares of General Motors from a “hold” rating to a “buy” rating and upped their price objective for the company from $83.00 to $90.00 in a report on Tuesday, April 14th. Finally, DZ Bank raised shares of General Motors from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and an average price target of $92.00.

About General Motors

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.