Burney Co. lessened its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 26.3% in the 1st quarter, Holdings Channel reports. The firm owned 58,889 shares of the auto manufacturer’s stock after selling 21,014 shares during the period. Burney Co.’s holdings in General Motors were worth $4,387,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in GM. DGS Capital Management LLC raised its stake in General Motors by 2.1% during the 1st quarter. DGS Capital Management LLC now owns 39,268 shares of the auto manufacturer’s stock worth $2,925,000 after buying an additional 806 shares during the period. Ascentis Independent Advisors grew its stake in General Motors by 18.0% in the first quarter. Ascentis Independent Advisors now owns 7,170 shares of the auto manufacturer’s stock valued at $534,000 after acquiring an additional 1,095 shares during the period. Astoria Portfolio Advisors LLC. bought a new stake in shares of General Motors in the first quarter worth about $202,000. Revisor Wealth Management LLC bought a new stake in shares of General Motors in the first quarter worth about $429,000. Finally, QRG Capital Management Inc. raised its position in shares of General Motors by 6.3% during the first quarter. QRG Capital Management Inc. now owns 192,951 shares of the auto manufacturer’s stock worth $14,375,000 after purchasing an additional 11,370 shares during the period. 92.67% of the stock is owned by institutional investors.
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM secured a long-term supply agreement with Micron Technology, helping ensure memory and storage supply for next-generation, software-heavy vehicles. That supports GM’s EV and software push by reducing component-supply risk and improving production visibility.
- Positive Sentiment: GM Energy is advancing its vehicle-to-grid and home-energy initiatives through a collaboration with WeaveGrid, which could strengthen GM’s position in EV charging and utility program integration. Article: WeaveGrid, GM Advance Grid-Integrated EV Charging and Home Energy Programs
- Positive Sentiment: GM reported that Canada was its best-selling automaker in the first half of 2026, suggesting solid demand across Chevrolet, Buick, GMC, and Cadillac in a key North American market.
- Neutral Sentiment: Wall Street coverage continues to point to GM as a stock worth considering among auto names, reflecting ongoing investor interest but not a clear near-term catalyst.
- Negative Sentiment: GM also faces a recall involving the Cadillac Vistiq electric SUV over a third-row seat issue, which could add warranty costs and briefly weigh on sentiment around product quality.
- Negative Sentiment: Some commentary is questioning GM’s leadership and overall valuation, which may be adding to bearish sentiment even as the company executes on supply-chain and EV initiatives.
Insider Buying and Selling
General Motors Stock Down 2.3%
NYSE:GM opened at $76.04 on Wednesday. The stock has a 50-day simple moving average of $78.97 and a 200 day simple moving average of $79.20. General Motors Company has a 52-week low of $48.87 and a 52-week high of $87.62. The company has a market cap of $68.56 billion, a PE ratio of 30.66, a PEG ratio of 0.39 and a beta of 1.31. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 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 for the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter in the previous year, the business posted $2.78 EPS. The business’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. On average, sell-side analysts expect that General Motors Company will post 12.85 EPS for the current fiscal year.
General Motors Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, June 5th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s dividend payout ratio is presently 29.03%.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on GM. Royal Bank Of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a research report on Friday, June 12th. Barclays dropped their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Wedbush reaffirmed an “outperform” rating and issued a $95.00 price target on shares of General Motors in a research note on Monday, May 11th. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target for the company in a report on Wednesday, March 25th. Finally, Citigroup increased their price objective on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.70.
Get Our Latest Stock Analysis on GM
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.
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