PNC Financial Services Group Inc. Raises Stock Position in General Motors Company $GM

PNC Financial Services Group Inc. boosted its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 12.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 246,363 shares of the auto manufacturer’s stock after purchasing an additional 26,526 shares during the period. PNC Financial Services Group Inc.’s holdings in General Motors were worth $20,034,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of GM. Laurel Wealth Advisors LLC purchased a new position in General Motors during the fourth quarter valued at approximately $25,000. Elevation Wealth Partners LLC lifted its position in General Motors by 500.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 275 shares during the last quarter. Kelleher Financial Advisors bought a new stake in General Motors during the third quarter valued at approximately $29,000. Founders Capital Management bought a new stake in General Motors during the fourth quarter valued at approximately $31,000. Finally, JPL Wealth Management LLC bought a new stake in General Motors during the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Barclays dropped 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. Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Piper Sandler reiterated an “overweight” rating and set a $102.00 target price on shares of General Motors in a research report on Wednesday, April 29th. Mizuho dropped their target price on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company lifted their target price on shares of General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, General Motors has an average rating of “Moderate Buy” and an average price target of $94.65.

General Motors Trading Up 2.1%

Shares of GM opened at $78.81 on Friday. The firm has a market cap of $71.06 billion, a price-to-earnings ratio of 31.78, a PEG ratio of 0.39 and a beta of 1.29. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a fifty-two week low of $46.81 and a fifty-two week high of $87.62. The firm has a 50 day moving average price of $76.04 and a 200-day moving average price of $77.60.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion during the quarter, compared to analyst estimates of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the business posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities research analysts forecast that General Motors Company will post 12.85 earnings per share for the current year.

General Motors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, June 5th. General Motors’s payout ratio is presently 29.03%.

General Motors announced that its Board of Directors has authorized a share buyback program on Tuesday, January 27th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the auto manufacturer to purchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Key Stories Impacting General Motors

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

• Positive Sentiment: GM’s supplier network got a boost after Cleveland-Cliffs was named the 2025 GM Supplier of the Year, reinforcing GM’s relationships with key North American materials providers and highlighting supply-chain execution. Cleveland-Cliffs Awarded 2025 GM Supplier of the Year by General Motors
• Positive Sentiment: Reports that GM is ramping up production of the Chevy Trax to meet demand suggest healthier sales momentum for one of its higher-volume models. GM Planning To Increase Chevy Trax Production In June
• Positive Sentiment: GM is moving assembly of its Groove and Aveo models from China to Mexico, a shift that could improve supply-chain resilience and lower tariff or logistics exposure. GM will move assembly of its Groove and Aveo models from China to Mexico
• Positive Sentiment: GM was also mentioned among major U.S. companies seeking tariff refunds, which could help offset prior duty costs if approved. Trump said he’d ‘remember’ companies that didn’t apply for tariff refunds. Many of them are anyway
• Neutral Sentiment: GM also appeared in broader auto-industry coverage alongside Ford and Stellantis, reflecting continued investor interest in the Detroit automakers rather than a GM-specific catalyst. Ford Surges 8%, Easily Outpaces General Motors and Stellantis: The Detroit Comeback Has a Clear Leader
• Negative Sentiment: GM faces fresh safety-recall headlines, including fixes for incorrect front wheel hub bolts on large SUVs and faulty roof rail airbags on the GMC Sierra, which can weigh on sentiment if investors worry about warranty and reputational costs. GM Recalls Large SUVs To Replace Incorrect Front Wheel Hub Bolts GMC Sierra Recalled Once More Over Faulty Roof Rail Airbags

General Motors Profile

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.