New York State Common Retirement Fund Lowers Stake in General Motors Company $GM

New York State Common Retirement Fund decreased its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 6.4% during the third quarter, Holdings Channel reports. The firm owned 1,256,755 shares of the auto manufacturer’s stock after selling 86,400 shares during the quarter. New York State Common Retirement Fund’s holdings in General Motors were worth $76,624,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of GM. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of General Motors in the 3rd quarter valued at $29,000. Trust Co. of Toledo NA OH acquired a new position in General Motors in the 2nd quarter valued at about $25,000. GFG Capital LLC acquired a new position in General Motors in the 2nd quarter valued at about $27,000. Armstrong Advisory Group Inc. increased its stake in General Motors by 94.6% during the third quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the period. Finally, RMG Wealth Management LLC acquired a new stake in shares of General Motors during the second quarter worth about $32,000. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

General Motors News Summary

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

• Positive Sentiment: GM beat Q4 EPS expectations and gave strong 2026 earnings guidance, which traders rewarded as evidence of earnings resilience and cash-generation. After +50% Return in 2025, GM Gets Off to a Strong Start in 2026
• Positive Sentiment: Board authorized a $6.0 billion share buyback (up to ~8.1% of shares), signaling management views the stock as undervalued and supporting EPS and share price. GM to Buyback $6.00 billion in Outstanding Shares
• Positive Sentiment: Multiple analysts raised targets/ratings (UBS, RBC, Mizuho, DZ Bank), lifting sentiment and adding upward pressure to the stock. Several price-target upgrades reported
• Positive Sentiment: Operational initiatives: GM is investing in wages and training ahead of major launches (supports execution risk reduction) and growing subscription/recurring revenue (~$2B last year), both boost longer-term margin/cash-flow outlook. GM invests in wages and training
• Neutral Sentiment: Analyst commentary pieces and valuation writeups highlight GM as both a growth and value idea—useful context but not a direct catalyst. Zacks style-score coverage
• Negative Sentiment: GM took roughly $7.2B of special charges (EV asset impairments, supply‑chain settlements, China JV restructuring), which depressed net income and introduces earnings volatility even if many items were already priced in. Q4 charges and implications
• Negative Sentiment: Operational/headcount action: GM will cut a shift in Oshawa, Canada, eliminating ~500 jobs — a near-term cost/PR headwind and sign of production adjustments in a softer market. GM shift reduction in Canada
• Negative Sentiment: Macro/trade risks: coverage points to tariff and trade-policy uncertainty that could raise costs and compress margins if policies evolve—an ongoing risk for investors to monitor. Tariff risk analysis
• Negative Sentiment: Some analysts trimmed enthusiasm (Zacks downgraded to Hold), underscoring that recent gains have left varying views on further upside from current levels. Zacks downgrade note

Analysts Set New Price Targets

GM has been the topic of several recent research reports. JPMorgan Chase & Co. upped their target price on shares of General Motors from $85.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Mizuho boosted their price target on shares of General Motors from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Wednesday. HSBC increased their price objective on General Motors from $48.00 to $75.00 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Argus set a $78.00 target price on General Motors in a research note on Thursday, October 23rd. Finally, Evercore ISI upped their price target on General Motors from $68.00 to $74.00 and gave the stock an “outperform” rating in a report on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $85.70.

Insiders Place Their Bets

In other news, CAO Christopher Hatto sold 7,724 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $72.00, for a total transaction of $556,128.00. Following the completion of the sale, the chief accounting officer owned 12,007 shares in the company, valued at approximately $864,504. The trade was a 39.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.54% of the company’s stock.

General Motors Stock Performance

NYSE:GM opened at $86.14 on Friday. The firm has a market capitalization of $77.87 billion, a PE ratio of 28.62, a price-to-earnings-growth ratio of 0.77 and a beta of 1.31. The business’s fifty day moving average price is $79.86 and its 200 day moving average price is $66.64. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.06. General Motors Company has a 12 month low of $41.60 and a 12 month high of $87.31.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.25. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The company had revenue of $45.29 billion during the quarter, compared to the consensus estimate of $45.81 billion. During the same period in the previous year, the business earned $1.92 EPS. General Motors’s revenue for the quarter was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, sell-side analysts anticipate that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be paid a $0.18 dividend. This is an increase from General Motors’s previous quarterly dividend of $0.15. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, March 6th. General Motors’s payout ratio is currently 12.07%.

General Motors declared that its board 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 reacquire up to 8.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

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.