M Holdings Securities Inc. Buys 7,980 Shares of General Motors Company $GM

M Holdings Securities Inc. purchased a new position in General Motors Company (NYSE:GM) (TSE:GMM.U) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,980 shares of the auto manufacturer’s stock, valued at approximately $614,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC increased its stake in shares of General Motors by 2.6% during the 3rd quarter. Avior Wealth Management LLC now owns 5,251 shares of the auto manufacturer’s stock valued at $404,000 after acquiring an additional 134 shares during the last quarter. Bogart Wealth LLC lifted its holdings in shares of General Motors by 17.0% during the 2nd quarter. Bogart Wealth LLC now owns 949 shares of the auto manufacturer’s stock worth $73,000 after acquiring an additional 138 shares during the period. Richardson Financial Services Inc. boosted its position in shares of General Motors by 75.7% in the third quarter. Richardson Financial Services Inc. now owns 325 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 140 shares during the last quarter. Intelligence Driven Advisers LLC boosted its position in shares of General Motors by 2.0% in the third quarter. Intelligence Driven Advisers LLC now owns 7,236 shares of the auto manufacturer’s stock worth $557,000 after acquiring an additional 143 shares during the last quarter. Finally, Childress Capital Advisors LLC boosted its position in shares of General Motors by 2.8% in the third quarter. Childress Capital Advisors LLC now owns 5,288 shares of the auto manufacturer’s stock worth $407,000 after acquiring an additional 143 shares during the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors Stock Down 1.0%

Shares of General Motors stock opened at $88.71 on Wednesday. General Motors Company has a twelve month low of $67.06 and a twelve month high of $93.70. The stock has a market cap of $74.83 billion, a price-to-earnings ratio of 6.65, a price-to-earnings-growth ratio of 0.51 and a beta of 1.40. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 1.32. The company has a fifty day moving average price of $83.46 and a 200 day moving average price of $80.91.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, October 20th. The auto manufacturer reported $3.70 EPS for the quarter, beating the consensus estimate of $3.69 by $0.01. The company had revenue of $50.02 billion for the quarter, compared to analyst estimates of $48.78 billion. General Motors had a return on equity of 19.36% and a net margin of 2.12%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company posted $2.80 earnings per share. Equities research analysts forecast that General Motors Company will post 13.36 earnings per share for the current fiscal year.

General Motors declared that its board has authorized a share buyback program on Tuesday, October 20th that authorizes the company to repurchase $20 billion in outstanding shares. This repurchase authorization authorizes the auto manufacturer to reacquire up to 27.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

General Motors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. General Motors’s dividend payout ratio is presently 16.51%.

Insider Activity

In other news, EVP Rory Harvey sold 16,513 shares of the stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $89.64, for a total value of $1,480,225.32. Following the completion of the sale, the executive vice president owned 12,000 shares in the company, valued at approximately $1,075,680. This trade represents a 57.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.44% of the company’s stock.

General Motors News Roundup

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

• Positive Sentiment: GM is expanding recurring digital revenue through OnStar and Super Cruise subscriptions. A newly announced in-car AI assistant could also strengthen its technology offering, though adoption and revenue impact remain to be seen. Can OnStar and Super Cruise Drive GM’s Digital Revenue Growth? GM’s new in-car AI assistant
• Positive Sentiment: GM’s next-generation 2027 Chevrolet Silverado and GMC Sierra pickups, with upgraded engines and premium trims, could support a richer sales mix and profitability. Can GM’s Next-Generation Pickups Support Growth in 2027?
• Positive Sentiment: GM’s investment activity alongside Honda reflects automakers’ renewed interest in hybrids, potentially giving GM another way to address consumer demand as powertrain preferences evolve. GM, Honda Investments Reflect Rising Interest In Hybrids
• Neutral Sentiment: GM is revamping its CarBravo certified-used program to persuade some used-car shoppers to consider new vehicles. The strategy could help new-car sales, but higher prices remain a hurdle for buyers. How GM is trying to talk used car shoppers into buying new vehicles
• Negative Sentiment: GM is recalling 67,380 electric vehicles after software could briefly interrupt low-speed braking. Another report cites more than 87,000 recalled vehicles; the safety issue and potential repair costs add a near-term risk, although the articles do not quantify the financial impact. GM Recalls Over 67,000 EVs For Brake Glitch GM recalls more than 87,000 vehicles

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GM. Daiwa Securities Group boosted their target price on shares of General Motors from $83.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Tigress Financial increased their price target on shares of General Motors from $130.00 to $132.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, October 28th. TD Cowen reiterated a “buy” rating and issued a $132.00 price target on shares of General Motors in a report on Wednesday, October 21st. Weiss Ratings upgraded shares of General Motors from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, October 30th. Finally, Deutsche Bank Aktiengesellschaft set a $98.00 price objective on shares of General Motors in a research note on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $101.44.

General Motors Profile

General Motors Company designs, manufactures and sells cars, trucks, crossovers and sport utility vehicles. Its vehicle brands include Chevrolet, Buick, GMC and Cadillac, and its offerings also include vehicle parts, software and related services. GM Financial provides automotive financing and leasing products to customers and dealers. Founded in 1908, General Motors is headquartered in Detroit, Michigan. The company serves customers in North America and international markets, with operations and sales spanning multiple regions.