Donald Smith & CO. Inc. reduced its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 4.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,702,430 shares of the auto manufacturer’s stock after selling 79,385 shares during the period. General Motors accounts for approximately 2.6% of Donald Smith & CO. Inc.’s investment portfolio, making the stock its 15th largest holding. Donald Smith & CO. Inc.’s holdings in General Motors were worth $138,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Tsfg LLC boosted its stake in shares of General Motors by 5.7% in the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after buying an additional 120 shares during the last quarter. Bogart Wealth LLC boosted its stake in shares of General Motors by 15.6% in the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after buying an additional 122 shares during the last quarter. PDS Planning Inc boosted its stake in shares of General Motors by 3.4% in the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after buying an additional 131 shares during the last quarter. Waddell & Associates LLC raised its holdings in General Motors by 1.3% in the 4th quarter. Waddell & Associates LLC now owns 10,737 shares of the auto manufacturer’s stock worth $873,000 after purchasing an additional 137 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in General Motors by 0.9% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 15,043 shares of the auto manufacturer’s stock worth $1,223,000 after purchasing an additional 138 shares during the period. 92.67% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
GM has been the topic of a number of recent research reports. Royal Bank Of Canada decreased their target price on General Motors from $96.00 to $95.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and raised their target price for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. Mizuho decreased their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. The Goldman Sachs Group decreased their target price on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, TD Cowen raised their target price on General Motors from $122.00 to $126.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and an average price target of $95.65.
Insider Buying and Selling at General Motors
In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $2,192,490. This trade represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $84.97, for a total value of $775,266.28. Following the transaction, the executive vice president owned 37,395 shares of the company’s stock, valued at approximately $3,177,453.15. The trade was a 19.61% decrease in their position. 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 577,567 shares of company stock valued at $47,557,888 over the last ninety days. 0.54% of the stock is currently owned by company insiders.
General Motors Price Performance
NYSE:GM opened at $79.35 on Thursday. 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 business’s 50-day simple moving average is $78.18 and its two-hundred day simple moving average is $78.83. The stock has a market cap of $71.55 billion, a PE ratio of 32.00, a P/E/G ratio of 0.42 and a beta of 1.30. General Motors Company has a 52 week low of $47.63 and a 52 week high of $87.62.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. The business had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business’s quarterly revenue was down .9% on a year-over-year basis. During the same period last year, the firm earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, analysts forecast that General Motors Company will post 12.85 EPS for the current fiscal year.
General Motors Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is currently 29.03%.
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM announced new energy-storage initiatives, including a partnership with Peak Energy and an equity investment through GM Ventures, to develop sodium-ion batteries for grid-scale storage and data-center power needs. This opens a potentially large new revenue stream tied to rising electricity demand from AI infrastructure. Peak Energy and General Motors Partner to Scale Next-Generation Energy Storage Technology for the Grid
- Positive Sentiment: The company is also expanding vehicle-to-grid and bidirectional charging features, allowing some EV owners to send power back to the grid. Investors may view this as a way to deepen GM’s EV ecosystem and improve the economics of ownership. GM to offer EV owners ability to sell power to US electricity grid
- Positive Sentiment: Analysts and media coverage have highlighted GM’s broader push into battery development, AI-driven engineering, and energy storage as a possible long-term growth catalyst, with some narrative models nudging fair value estimates slightly higher. How The Narrative On General Motors (GM) Is Shifting With Mixed Analyst Targets And New Ventures
- Neutral Sentiment: GM said it may abandon plans to use LFP batteries in future EVs, signaling a possible change in its cost-reduction strategy. The move could help GM differentiate itself, but it also introduces questions about battery costs and EV competitiveness. Exclusive: GM may ditch LFP batteries for future EVs
- Negative Sentiment: Despite the strategic announcements, the stock did not get an immediate lift, and one market note pointed out that GM fell more than the broader market in the latest session, suggesting investors may still be focused on execution risk and near-term profitability rather than the long-term optionality. General Motors (GM) Registers a Bigger Fall Than the Market: Important Facts to Note
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.
Further Reading
- Five stocks we like better than General Motors
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U).
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.
