General Motors (NYSE:GM) Now Covered by Bank of America

Bank of America assumed coverage on shares of General Motors (NYSE:GM) (TSE:GMM.U) in a report published on Wednesday morning. The firm issued a buy rating and a $105.00 target price on the auto manufacturer’s stock.

A number of other research firms also recently issued reports on GM. TD Cowen reiterated a “buy” rating on shares of General Motors in a research report on Wednesday, January 28th. Wall Street Zen downgraded General Motors from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Jefferies Financial Group lifted their price objective on General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. The Goldman Sachs Group set a $104.00 target price on General Motors in a report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on General Motors from $82.00 to $83.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. Two equities research 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’s stock. According to MarketBeat, General Motors has a consensus rating of “Moderate Buy” and an average price target of $91.39.

General Motors Price Performance

Shares of NYSE GM opened at $78.57 on Wednesday. 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 has a one year low of $41.60 and a one year high of $87.62. The firm has a market capitalization of $71.02 billion, a P/E ratio of 26.10, a PEG ratio of 0.42 and a beta of 1.37. The company’s fifty day moving average is $81.79 and its two-hundred day moving average is $71.46.

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, beating analysts’ consensus estimates of $2.26 by $0.25. The business had revenue of $45.29 billion during the quarter, compared to the consensus estimate of $45.81 billion. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The business’s revenue was down 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.92 EPS. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Analysts forecast that General Motors will post 11.44 EPS 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. Stockholders of record on Friday, March 6th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. This is a positive change from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s payout ratio is presently 19.93%.

General Motors announced that its Board of Directors has initiated a stock buyback plan on Tuesday, January 27th that authorizes the company to repurchase $6.00 billion in outstanding 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 usually a sign that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On General Motors

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

Key Stories Impacting General Motors

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

• Positive Sentiment: Bank of America initiated coverage on GM with a Buy and a $105 price target, calling out GM’s truck and SUV profitability and potential tailwinds as EV pricing pressure eases — a strong analyst endorsement that can drive buying interest. Tesla and General Motors: BofA Bets Big on Autonomy and ICE Dominance With Bold Price Targets
• Positive Sentiment: GM is restructuring how U.S. dealers sell used cars to better compete with online platforms (e.g., Carvana). Expanding dealer used-car operations could improve margins, inventory turns and retail economics for dealers — a strategic move investors view as revenue/margin-accretive over time. GM moves to expand its dealers’ used-car business
• Positive Sentiment: Market commentary and value-focused writeups have highlighted GM as an attractive value/turnaround name (earnings beat and multi-year guidance provide a base), helping lift investor interest and flows into the stock. General Motors (GM) Beats Stock Market Upswing: What Investors Need to Know
• Neutral Sentiment: GM unveiled an updated interior for the Wuling MINI EV four-door — a product refresh that supports regional EV positioning but is a modest near-term sales driver outside specific markets. GM Reveals Redesigned Wuling MINI EV Four-Door Interior
• Neutral Sentiment: News that GM will re-source brake-disc supply led to extreme moves in supplier Surface Transforms’ shares; the supplier impact is negative for that vendor but represents routine supply-chain reshaping rather than a fundamental change for GM. Surface Transforms share price volatility continues in wake of GM cancellation
• Negative Sentiment: Ford’s renewed push into very low-cost EVs (a $30k next-gen model) ramps competitive pressure at the mass-market EV price point — a potential headwind to GM’s EV growth and margin outlook if Ford’s pivot accelerates share loss in key segments. Will Ford’s Low-Cost EV Pivot Strengthen Its Market Position?

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.