General Motors Company $GM Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC lessened its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 35.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,500 shares of the auto manufacturer’s stock after selling 7,800 shares during the quarter. Gabelli Funds LLC’s holdings in General Motors were worth $1,179,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Viking Global Investors LP lifted its stake in General Motors by 81.1% in the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after buying an additional 5,830,050 shares during the last quarter. Two Sigma Investments LP lifted its stake in General Motors by 348.4% in the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after buying an additional 2,757,695 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its stake in General Motors by 436.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock valued at $130,826,000 after buying an additional 2,163,274 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in General Motors by 164.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,097,019 shares of the auto manufacturer’s stock valued at $251,850,000 after buying an additional 1,927,752 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in General Motors by 270.3% in the third quarter. Victory Capital Management Inc. now owns 2,594,525 shares of the auto manufacturer’s stock valued at $158,188,000 after buying an additional 1,893,896 shares during the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

General Motors Price Performance

Shares of NYSE GM opened at $78.81 on Friday. General Motors Company has a fifty-two week low of $46.81 and a fifty-two week high of $87.62. The firm’s 50-day simple moving average is $76.04 and its 200 day simple moving average is $77.60. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. The stock has a market cap of $71.06 billion, a P/E ratio of 31.78, a P/E/G ratio of 0.39 and a beta of 1.29.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. During the same period in the previous year, the business earned $2.78 earnings per share. The company’s revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities analysts expect that General Motors Company will post 12.85 EPS for the current year.

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

General Motors Dividend Announcement

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

Key Stories Impacting General Motors

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

• Positive Sentiment: GM’s supplier network got a boost after Cleveland-Cliffs was named the 2025 GM Supplier of the Year, reinforcing GM’s relationships with key North American materials providers and highlighting supply-chain execution. Cleveland-Cliffs Awarded 2025 GM Supplier of the Year by General Motors
• Positive Sentiment: Reports that GM is ramping up production of the Chevy Trax to meet demand suggest healthier sales momentum for one of its higher-volume models. GM Planning To Increase Chevy Trax Production In June
• Positive Sentiment: GM is moving assembly of its Groove and Aveo models from China to Mexico, a shift that could improve supply-chain resilience and lower tariff or logistics exposure. GM will move assembly of its Groove and Aveo models from China to Mexico
• Positive Sentiment: GM was also mentioned among major U.S. companies seeking tariff refunds, which could help offset prior duty costs if approved. Trump said he’d ‘remember’ companies that didn’t apply for tariff refunds. Many of them are anyway
• Neutral Sentiment: GM also appeared in broader auto-industry coverage alongside Ford and Stellantis, reflecting continued investor interest in the Detroit automakers rather than a GM-specific catalyst. Ford Surges 8%, Easily Outpaces General Motors and Stellantis: The Detroit Comeback Has a Clear Leader
• Negative Sentiment: GM faces fresh safety-recall headlines, including fixes for incorrect front wheel hub bolts on large SUVs and faulty roof rail airbags on the GMC Sierra, which can weigh on sentiment if investors worry about warranty and reputational costs. GM Recalls Large SUVs To Replace Incorrect Front Wheel Hub Bolts GMC Sierra Recalled Once More Over Faulty Roof Rail Airbags

Analysts Set New Price Targets

GM has been the topic of a number of recent research reports. UBS Group raised their target price on General Motors from $102.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Citigroup raised their target price on General Motors from $105.00 to $108.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Jefferies Financial Group raised their target price on General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Finally, Wells Fargo & Company lifted their price objective on shares of General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and an average target price of $94.65.

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.