Swiss Life Asset Management Ltd boosted its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 17.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 121,105 shares of the auto manufacturer’s stock after buying an additional 18,136 shares during the period. Swiss Life Asset Management Ltd’s holdings in General Motors were worth $7,384,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of GM. Tevis Investment Management increased its position in shares of General Motors by 6.4% during the third quarter. Tevis Investment Management now owns 22,983 shares of the auto manufacturer’s stock worth $1,401,000 after acquiring an additional 1,384 shares in the last quarter. Groupama Asset Managment bought a new stake in General Motors in the 3rd quarter valued at $503,000. Investment Research Partners LLC bought a new stake in General Motors in the 3rd quarter valued at $244,000. Cambria Investment Management L.P. boosted its stake in General Motors by 23.1% in the 3rd quarter. Cambria Investment Management L.P. now owns 12,805 shares of the auto manufacturer’s stock worth $781,000 after purchasing an additional 2,407 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new position in General Motors in the 3rd quarter worth $8,029,000. Institutional investors own 92.67% of the company’s stock.
General Motors Price Performance
NYSE:GM opened at $72.74 on Friday. The stock has a market capitalization of $65.75 billion, a PE ratio of 24.17, a P/E/G ratio of 0.39 and a beta of 1.37. General Motors Company has a 1-year low of $41.60 and a 1-year high of $87.62. The firm has a fifty day simple moving average of $79.76 and a 200 day simple moving average of $72.81. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50.
General Motors Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from General Motors’s previous quarterly dividend of $0.15. General Motors’s payout ratio is currently 23.92%.
General Motors declared that its Board of Directors has authorized a share repurchase program on Tuesday, January 27th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM’s CFO said slower EV growth creates an opportunity and expects the EV-related cash headwind to be “behind us” by the end of Q2, signaling management expects improving near-term cash flow from EV investments. GM CFO: Lower EV growth presents opportunity
- Positive Sentiment: GM is pivoting some battery capacity toward energy storage and rehiring ~700 workers, a move that can reduce EV plant idle costs and improve asset utilization if execution continues. GM shifts from EV batteries to energy storage, bringing back 700 workers
- Positive Sentiment: GM is changing its U.S. used-vehicle strategy to better compete with online platforms like Carvana, which could boost dealer margins and accelerate higher-margin used-vehicle revenue. General Motors (GM) Moves to Boost its Dealers’ Used-car Operations
- Positive Sentiment: Analysts and write-ups highlight OnStar and software/subscription growth as a margin-enhancing lever for GM, supporting longer-term profitability even as EV losses compress near-term margins. Is General Motors Stock a Buy Now on OnStar’s Growth Potential?
- Neutral Sentiment: Coverage comparing GM and Tesla notes GM is gaining EV market share in some segments — important context for investors but not an immediate catalyst on its own. Should Tesla be Worried About General Motors?
- Neutral Sentiment: Reports say GM’s Ultium/assembly footprint is consolidating (one primary EV battery hub), which could concentrate capex and simplify operations but raises execution risk if capacity mismatches occur. Ultium Cells facility expected to become GM’s lone EV battery hub
- Negative Sentiment: Macro/policy headwinds persist: analyses attribute billions in lost profits to tariffs on steel and aluminum, a cost pressure that weighs on margins for all U.S. automakers including GM. Trump’s Tariffs Cost US Carmakers $35 Billion and Counting
- Negative Sentiment: Consumer-facing product notices (e.g., warranty limitations around fuel mistakes) and recent coolant-leak fixes highlight ongoing quality/service risks that can depress resale values and increase aftersales costs. GM’s Flint Assembly just built its 16-millionth vehicle
Analyst Ratings Changes
Several analysts have issued reports on GM shares. Bank of America began coverage on General Motors in a research note on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price target on the stock. HSBC upped their price objective on General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Wells Fargo & Company lifted their target price on General Motors from $48.00 to $57.00 and gave the company an “underweight” rating in a research report on Wednesday, January 28th. Wall Street Zen cut General Motors from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $100.00 price target on shares of General Motors in a research note on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $91.39.
Check Out Our Latest Research Report on GM
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.
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