Strategic Family Wealth Counselors L.L.C. Acquires Shares of 6,922 General Motors Company $GM

Strategic Family Wealth Counselors L.L.C. bought a new position in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,922 shares of the auto manufacturer’s stock, valued at approximately $539,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new position in shares of General Motors in the 4th quarter worth approximately $25,000. Elevation Wealth Partners LLC boosted its holdings in shares of General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 275 shares in the last quarter. Founders Capital Management acquired a new position in shares of General Motors in the 4th quarter worth approximately $31,000. Ares Financial Consulting LLC acquired a new position in shares of General Motors in the 4th quarter worth approximately $35,000. Finally, Fourth Dimension Wealth LLC boosted its holdings in shares of General Motors by 47.3% in the 4th quarter. Fourth Dimension Wealth LLC now owns 442 shares of the auto manufacturer’s stock worth $36,000 after acquiring an additional 142 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors News Summary

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

Analyst Ratings Changes

GM has been the topic of several recent analyst reports. Royal Bank Of Canada reduced their target price on General Motors from $96.00 to $95.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. UBS Group upped their price objective on General Motors from $102.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Wedbush reaffirmed an “outperform” rating and set a $95.00 price objective on shares of General Motors in a report on Monday. Barclays reduced their price objective on General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. One investment 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 issued a Sell rating to the stock. According to MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and a consensus price target of $94.65.

Get Our Latest Analysis on General Motors

General Motors Stock Down 0.8%

NYSE:GM opened at $75.84 on Thursday. The stock’s fifty day moving average price is $76.06 and its two-hundred day moving average price is $77.33. General Motors Company has a 52-week low of $46.81 and a 52-week high of $87.62. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. The company has a market cap of $68.38 billion, a price-to-earnings ratio of 30.58, a P/E/G ratio of 0.39 and a beta of 1.29.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, analysts anticipate that General Motors Company will post 12.8 EPS for the current year.

General Motors Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, June 5th. General Motors’s dividend payout ratio is currently 29.03%.

General Motors announced that its board has approved a share 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 buy up to 8.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.

General Motors Profile

(Free Report)

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.

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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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