Meeder Asset Management Inc. Has $976,000 Position in General Motors Company $GM

Meeder Asset Management Inc. increased its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 5,673.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,106 shares of the auto manufacturer’s stock after acquiring an additional 12,879 shares during the period. Meeder Asset Management Inc.’s holdings in General Motors were worth $976,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. raised its position in General Motors by 2.7% during the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock valued at $2,615,121,000 after purchasing an additional 835,645 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of General Motors by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after purchasing an additional 267,477 shares in the last quarter. Capital World Investors boosted its holdings in shares of General Motors by 7.8% in the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after purchasing an additional 1,405,530 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of General Motors by 5.5% in the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock valued at $868,986,000 after purchasing an additional 748,831 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of General Motors by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock valued at $1,059,668,000 after purchasing an additional 77,100 shares during the last quarter. 92.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on GM shares. Mizuho dropped their price objective on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Barclays decreased their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and boosted their target price for the stock from $83.00 to $90.00 in a research note on Tuesday, April 14th. Wells Fargo & Company increased their target price on shares of General Motors from $59.00 to $60.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Finally, TD Cowen raised their price target on shares of General Motors from $122.00 to $126.00 and gave the company a “buy” 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 issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $97.27.

General Motors Trading Down 0.2%

NYSE GM opened at $75.91 on Tuesday. General Motors Company has a twelve month low of $48.87 and a twelve month high of $87.62. The business’s fifty day moving average is $78.84 and its 200 day moving average is $78.84. 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 company has a market cap of $68.45 billion, a price-to-earnings ratio of 30.61, a price-to-earnings-growth ratio of 0.38 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last posted 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 during the quarter, compared to the consensus estimate of $43.51 billion. During the same period last year, the company earned $2.78 earnings per share. The business’s quarterly revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, sell-side analysts expect that General Motors Company will post 12.88 EPS for the current fiscal year.

General Motors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were 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 was Friday, June 5th. General Motors’s dividend payout ratio (DPR) is 29.03%.

Insider Buying and Selling

In related news, EVP Rory Harvey sold 9,124 shares of General Motors stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the sale, the executive vice president directly owned 37,395 shares in the company, valued at $3,177,453.15. This trade represents a 19.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total transaction of $586,075.00. Following the sale, the chief accounting officer directly owned 25,794 shares in the company, valued at $2,192,490. The trade was a 21.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 697,388 shares of company stock worth $57,752,596 in the last ninety days. Company insiders own 0.54% of the company’s stock.

More General Motors News

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

• Positive Sentiment: Analysts and pre-earnings coverage point to healthy vehicle demand and margin strength as potential tailwinds for General Motors, which could support the stock if results beat expectations.
• Positive Sentiment: GM has been highlighted as one of the auto stocks positioned to beat second-quarter earnings estimates, suggesting the market sees a chance for upside if management delivers a strong outlook.
• Neutral Sentiment: Wall Street expects a relatively strong quarter, with earnings and revenue forecasts clustered around $3.20-$3.70 per share and about $47 billion in sales, making the report a key near-term catalyst. General Motors is set to report earnings before the bell. Here’s what Wall Street expects
• Neutral Sentiment: Investors are also watching whether GM can extend its recent relative outperformance versus Tesla, with some commentary framing the stock as undervalued heading into earnings.
• Negative Sentiment: Technical commentary flagged a bearish double-top pattern and recent pullback in GM shares, indicating some traders expect downside if the earnings report disappoints.
• Negative Sentiment: New U.S. tariffs on Canadian imports could raise costs for North American manufacturers, including General Motors, because of cross-border supply-chain exposure and the auto trade dispute.

General Motors Company 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.