Ritholtz Wealth Management Boosts Stock Holdings in General Motors Company $GM

Ritholtz Wealth Management grew its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 64.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 60,417 shares of the auto manufacturer’s stock after buying an additional 23,738 shares during the quarter. Ritholtz Wealth Management’s holdings in General Motors were worth $3,684,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of General Motors by 456.1% during the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after acquiring an additional 31,755 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after purchasing an additional 7,058 shares in the last quarter. Swedbank AB boosted its stake in General Motors by 24.9% in the 2nd quarter. Swedbank AB now owns 1,008,450 shares of the auto manufacturer’s stock worth $49,626,000 after purchasing an additional 201,357 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in General Motors by 26.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 196,143 shares of the auto manufacturer’s stock valued at $10,374,000 after buying an additional 40,589 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in General Motors by 1.5% during the 2nd quarter. Exchange Traded Concepts LLC now owns 292,345 shares of the auto manufacturer’s stock valued at $14,386,000 after buying an additional 4,289 shares in the last quarter. 92.67% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Christopher Hatto sold 15,697 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $70.00, for a total transaction of $1,098,790.00. Following the transaction, the chief accounting officer owned 12,007 shares of the company’s stock, valued at approximately $840,490. This trade represents a 56.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Mark L. Reuss sold 260,600 shares of General Motors stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the completion of the transaction, the president owned 98,006 shares in the company, valued at approximately $6,512,498.70. The trade was a 72.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 284,021 shares of company stock worth $18,971,788 over the last quarter. Company insiders own 0.54% of the company’s stock.

General Motors Stock Down 0.1%

GM opened at $80.79 on Friday. The stock has a market cap of $75.37 billion, a PE ratio of 16.26, a P/E/G ratio of 0.64 and a beta of 1.31. The company has a quick ratio of 1.06, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. General Motors Company has a 52 week low of $41.60 and a 52 week high of $85.18. The business’s fifty day simple moving average is $77.69 and its 200 day simple moving average is $64.81.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.48. The firm had revenue of $48.59 billion during the quarter, compared to analyst estimates of $44.60 billion. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The company’s revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.96 earnings per share. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. As a group, research analysts expect that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, December 5th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.60 annualized dividend and a yield of 0.7%. General Motors’s dividend payout ratio is currently 12.07%.

Trending Headlines about General Motors

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

• Positive Sentiment: High-profile brand moment: GM unveiled Cadillac’s Formula 1 test car in a dramatic reveal that boosts Cadillac/GM branding and technology credibility, a potential long-term positive for investor sentiment and premium positioning. GM stuns with dramatic reveal of Cadillac’s new Formula 1 test car
• Positive Sentiment: Tax-credit defense via Mexico investment: reporting says GM’s $1B Mexico investment appears structured to preserve U.S. EV tax-credit eligibility while expanding capacity — this could protect EV demand and margins tied to tax incentives. GM Found A Way To Build In Mexico — And Still Qualify For US EV Credits
• Positive Sentiment: Diversification into energy storage: coverage notes automakers including GM are expanding into energy storage products, which could offset slower EV battery demand and open new revenue streams. Automakers like Ford and GM are jumping into a whole new business where Tesla is a serious player
• Neutral Sentiment: Public relations/visitor access: GM is opening its new HQ for a one-time public showcase, a small PR positive that increases local and investor visibility but has limited financial impact. GM Hosting Public Showcase At The Department At Hudson’s On January 17th
• Neutral Sentiment: Investor attention and screens: market commentary and analyst lists (Zacks coverage, inclusion in price-to-book screens) are driving interest but don’t supply new fundamental catalysts. General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Major recall — engine stall risk: GM is recalling nearly 600,000 vehicles over an engine-stall defect, which could lead to warranty, repair costs and reputational damage. GM recalls nearly 600,000 vehicles over engine stall defect
• Negative Sentiment: Additional recall for pedestrian alert systems: GM recalled over 80,000 Chevy vehicles for defective pedestrian alert sounds that may not warn pedestrians — another near-term liability and safety concern. GM recalls over 80,000 Chevy vehicles over defective pedestrian alert sound system citing serious risk
• Negative Sentiment: FTC data ban finalized: regulators banned GM from selling drivers’ location data for five years, formalizing restrictions on OnStar/data monetization and potentially reducing ancillary revenue and raising compliance costs. FTC bans General Motors from selling drivers’ location data for five years
• Negative Sentiment: EV transition costs mounting: reporting highlights GM’s admission that its EV push has cost about $6B with losses still mounting, a reminder of margin pressure and capital intensity in the transition. General Motors CEO calls unexpected vehicles ‘end game’ despite extreme policy pushback: ‘I still think we’ll get there’

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. UBS Group restated a “buy” rating on shares of General Motors in a research report on Friday, January 9th. Royal Bank Of Canada raised their price target on shares of General Motors from $77.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Wells Fargo & Company upped their price target on shares of General Motors from $46.00 to $48.00 and gave the stock an “underweight” rating in a report on Tuesday, December 9th. Benchmark reissued a “buy” rating on shares of General Motors in a research note on Wednesday, October 22nd. Finally, HSBC upped their target price on General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a research note on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.41.

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.