Yousif Capital Management LLC Trims Stock Position in General Motors Company $GM

Yousif Capital Management LLC lessened its stake in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 9.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 145,143 shares of the auto manufacturer’s stock after selling 14,295 shares during the period. Yousif Capital Management LLC’s holdings in General Motors were worth $11,294,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of GM. Kentucky Trust Co raised its position in shares of General Motors by 5.1% in the 4th quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer’s stock valued at $239,000 after acquiring an additional 144 shares during the period. Tiemann Investment Advisors LLC increased its stake in General Motors by 3.1% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 5,045 shares of the auto manufacturer’s stock valued at $308,000 after buying an additional 150 shares during the last quarter. Hemington Wealth Management increased its stake in General Motors by 14.5% in the 3rd quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer’s stock valued at $74,000 after buying an additional 154 shares during the last quarter. Fielder Capital Group LLC grew its stake in shares of General Motors by 3.3% in the third quarter. Fielder Capital Group LLC now owns 5,131 shares of the auto manufacturer’s stock valued at $313,000 after buying an additional 163 shares in the last quarter. Finally, Resonant Capital Advisors LLC grew its stake in shares of General Motors by 3.4% in the third quarter. Resonant Capital Advisors LLC now owns 5,222 shares of the auto manufacturer’s stock valued at $318,000 after buying an additional 171 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

General Motors Stock Up 5.3%

GM stock opened at $76.65 on Thursday. The company has a market cap of $69.29 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 0.39 and a beta of 1.34. The business has a 50-day simple moving average of $77.91 and a 200 day simple moving average of $74.26. General Motors Company has a 52 week low of $41.63 and a 52 week high of $87.62. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $0.25. The business had revenue of $45.29 billion during the quarter, compared to the consensus estimate of $45.81 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.General Motors’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 earnings per share. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Sell-side analysts anticipate that General Motors Company will post 11.44 EPS for the current fiscal year.

General Motors Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, March 6th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. This is a boost from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 6th. General Motors’s payout ratio is presently 23.92%.

General Motors declared that its Board of Directors has approved a stock buyback program on Tuesday, January 27th that allows the company to buyback $6.00 billion in 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 typically an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GM shares. Barclays reduced their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. UBS Group boosted their target price on shares of General Motors from $97.00 to $102.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Jefferies Financial Group boosted their target price on shares of General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of General Motors from $82.00 to $83.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. Finally, Evercore boosted their target price on shares of General Motors from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $91.38.

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General Motors Profile

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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