Kestra Private Wealth Services LLC Sells 18,990 Shares of General Motors Company $GM

Kestra Private Wealth Services LLC trimmed its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 72.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,202 shares of the auto manufacturer’s stock after selling 18,990 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in General Motors were worth $586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of GM. Wealth Enhancement Advisory Services LLC lifted its stake in shares of General Motors by 20.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 235,793 shares of the auto manufacturer’s stock worth $13,502,000 after purchasing an additional 39,650 shares during the period. M&T Bank Corp lifted its stake in shares of General Motors by 82.0% during the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock worth $5,860,000 after purchasing an additional 32,474 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of General Motors by 7.9% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 194,869 shares of the auto manufacturer’s stock worth $11,882,000 after purchasing an additional 14,209 shares during the period. Legacy Capital Group California Inc. lifted its stake in shares of General Motors by 206.4% during the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock worth $1,708,000 after purchasing an additional 14,150 shares during the period. Finally, Perbak Capital Partners LLP lifted its stake in shares of General Motors by 94.1% during the 3rd quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer’s stock worth $2,871,000 after purchasing an additional 22,829 shares during the period. 92.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on GM shares. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. DZ Bank raised General Motors from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research note on Thursday, January 29th. The Goldman Sachs Group reduced their price target on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Benchmark upped their price objective on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, Barclays dropped their price objective on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and an average target price of $94.65.

General Motors Stock Down 0.1%

Shares of NYSE GM opened at $75.67 on Tuesday. General Motors Company has a 12-month low of $44.84 and a 12-month high of $87.62. The company has a market cap of $68.23 billion, a P/E ratio of 30.51, a P/E/G ratio of 0.39 and a beta of 1.29. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The stock has a fifty day moving average price of $76.50 and a 200 day moving average price of $76.58.

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, beating the consensus estimate of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.51 billion. During the same period in the prior year, the firm earned $2.78 EPS. 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. Research analysts anticipate that General Motors Company will post 12.73 EPS for the current fiscal year.

General Motors announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, January 27th that authorizes the company to repurchase $6.00 billion in shares. This repurchase authorization authorizes the auto manufacturer to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

General Motors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, June 5th. General Motors’s dividend payout ratio is currently 29.03%.

More General Motors News

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

• Positive Sentiment: BofA raised its price target on GM and kept a Buy rating, which supports investor confidence in the stock’s upside potential. BofA Raises GM Stock Price Target, Keeps Buy Rating
• Positive Sentiment: GM committed $830M to Michigan and Ohio as part of more than $6B in U.S. manufacturing investments to support SUV/truck production — a near-term capex commitment that can boost production capacity and local supply-chain resilience. General Motors Investing $830M in Michigan and Ohio, Part of $6B Commitment in U.S.
• Positive Sentiment: GM is rolling Google’s Gemini AI into ~4 million vehicles (2022+ models), expanding in-car software/UX and recurring-service potential — a material long-term revenue/retention catalyst as vehicles become software platforms. GM to roll out Google Gemini AI to 4M vehicles
• Positive Sentiment: Zacks highlights GM as a strong momentum stock based on style scores, supporting short-term investor interest and technical buying. Here’s Why General Motors (GM) is a Strong Momentum Stock
• Neutral Sentiment: GM is balancing new investments in internal-combustion engines and a Cadillac F1 branding push alongside EVs — a strategic mix that may broaden appeal but complicates the pure-EV investment thesis. General Motors Balances Engine Investment And F1 Cadillac With Valuation Upside
• Neutral Sentiment: Product and service updates (fleet electrification tools for business customers, a potential 2028 Camaro with manual, and isolated warranty/engine replacement stories) support brand and fleet demand but are unlikely to move the stock materially on their own. GM Fleet Electrification Analysis Helps Businesses Transition To EVs
• Negative Sentiment: Industry-wide commodity and tariff pressures are a material headwind: Detroit carmakers warn of a $5B commodities shock tied to Middle East conflict, and tariffs/refund uncertainty (Ford projecting tariff-related hits) point to margin risk for GM. These macro pressures help explain intraday weakness. Detroit carmakers warn of $5 billion commodities shock due to Iran war Ford expects $1.3B tariff refund, but supply chain pressure remains

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.