Strs Ohio Purchases 184,559 Shares of General Motors Company $GM

Strs Ohio grew its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 22.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,010,443 shares of the auto manufacturer’s stock after buying an additional 184,559 shares during the period. Strs Ohio’s holdings in General Motors were worth $61,607,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of General Motors by 11.5% during the 2nd quarter. Vanguard Group Inc. now owns 110,759,703 shares of the auto manufacturer’s stock valued at $5,450,485,000 after buying an additional 11,418,367 shares in the last quarter. Norges Bank purchased a new position in General Motors in the 2nd quarter valued at approximately $444,319,000. Viking Global Investors LP raised its holdings in General Motors by 81.1% during the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after acquiring an additional 5,830,050 shares during the period. Worldquant Millennium Advisors LLC boosted its holdings in shares of General Motors by 436.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after acquiring an additional 2,163,274 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of General Motors by 125.9% in the second quarter. Marshall Wace LLP now owns 3,699,220 shares of the auto manufacturer’s stock worth $182,039,000 after acquiring an additional 2,061,712 shares during the period. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Stock Performance

General Motors stock opened at $81.00 on Friday. The firm’s fifty day moving average price is $78.39 and its 200-day moving average price is $65.57. General Motors Company has a fifty-two week low of $41.60 and a fifty-two week high of $85.18. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.06 and a current ratio of 1.23. The stock has a market cap of $75.56 billion, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 0.64 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.48. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The company had revenue of $48.59 billion for the quarter, compared to analysts’ expectations of $44.60 billion. During the same period last year, the firm posted $2.96 EPS. General Motors’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities research analysts expect that General Motors Company will post 11.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Christopher Hatto sold 7,724 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $72.00, for a total transaction of $556,128.00. Following the transaction, the chief accounting officer directly owned 12,007 shares in the company, valued at $864,504. This trade represents a 39.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on GM. Evercore ISI upped their price target on General Motors from $68.00 to $74.00 and gave the company an “outperform” rating in a research report on Monday, November 24th. Citigroup upped their target price on shares of General Motors from $86.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Mizuho set a $100.00 price target on shares of General Motors in a report on Friday, January 9th. HSBC upped their price target on shares of General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings lowered General Motors from a “buy (b-)” rating to a “hold (c)” rating in a research note on Saturday, October 25th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $79.32.

More General Motors News

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

• Positive Sentiment: FDIC approval clears the way for GM to establish an industrial bank, allowing the company to expand captive-finance and deposit-taking activities that could boost recurring, higher‑margin financial revenue and lower funding costs. FDIC clears way for Ford, General Motors to set up industrial banks
• Positive Sentiment: Analysts are turning more bullish: JPMorgan raised its price target to $100 (overweight) and Goldman boosted its target to $98, while Zacks raised near‑term EPS estimates — all supporting upside and positive sentiment heading into earnings. GM price target/analyst coverage reporting
• Neutral Sentiment: GM will shift production of a China-built Buick compact SUV to its Fairfax, Kansas plant (expected ~2028) and will end Chevrolet Bolt EV production at that facility next year. The move reduces exposure to China/Mexico production and potential tariff risk and supports U.S. manufacturing jobs, but it also signals the end of the Bolt EV product and will require retooling/capital spend. Investors should watch retooling costs, capacity timing and margins on the new model. GM to end Chevy Bolt EV production next year, move China-made Buick to U.S. factory
• Negative Sentiment: The FTC has taken action against GM and OnStar over privacy concerns, creating regulatory and reputational risk that could trigger fines, compliance costs or changes to data-driven services that GM is monetizing. Monitor developments for potential financial or operational impacts. FTC Action Against GM & OnStar For Privacy Concerns
• Negative Sentiment: NHTSA has reopened probes and continues scrutiny of some GM V8 engines and earlier recalls, which could lead to further remediation costs, warranty exposure or reputational damage. Investors should factor potential recall/warranty hit into near‑term cash flow and margins. NHTSA reopens GM recall after engine failure

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.