General Motors Company $GM Position Raised by Gotham Asset Management LLC

Gotham Asset Management LLC grew its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 76.8% in the 4th quarter, HoldingsChannel reports. The firm owned 554,707 shares of the auto manufacturer’s stock after acquiring an additional 240,997 shares during the quarter. Gotham Asset Management LLC’s holdings in General Motors were worth $45,109,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Evolve Private Wealth LLC acquired a new stake in General Motors during the 4th quarter worth about $13,027,000. First Manhattan CO. LLC. boosted its holdings in shares of General Motors by 0.4% in the fourth quarter. First Manhattan CO. LLC. now owns 32,683 shares of the auto manufacturer’s stock worth $2,658,000 after buying an additional 140 shares during the period. Caption Management LLC increased its position in shares of General Motors by 109.8% in the fourth quarter. Caption Management LLC now owns 72,600 shares of the auto manufacturer’s stock worth $5,904,000 after acquiring an additional 38,000 shares in the last quarter. Armistice Capital LLC acquired a new stake in shares of General Motors during the fourth quarter valued at approximately $226,000. Finally, Align Financial LLC purchased a new stake in shares of General Motors in the 4th quarter valued at approximately $145,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Trending Headlines about General Motors

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

• Positive Sentiment: GM and Lockheed Martin said they are collaborating on defense projects to strengthen the U.S. manufacturing and defense industrial base, with reports indicating GM could help make weapons components. GM, Lockheed to collaborate on defense projects
• Positive Sentiment: The U.S. Air Force awarded production contracts to General Atomics and Anduril for semi-autonomous drone wingmen, underscoring rising defense spending that could support GM’s expanded defense ambitions. US Air Force awards production contracts to General Atomics, Anduril for drone wingmen
• Neutral Sentiment: GM also unveiled a new 2027 Chevrolet Silverado, which may help sentiment by highlighting product refresh momentum, though the impact on near-term earnings is unclear. GM reveals new Silverado pickup as Ford F-150 sales falter
• Negative Sentiment: Recent coverage noted GM had fallen more than the broader market, suggesting investors were taking profits after the stock’s sharp rally and viewing the move as extended in the short term. Here’s Why General Motors (GM) Fell More Than Broader Market

General Motors Trading Down 3.7%

NYSE:GM opened at $79.50 on Thursday. The company has a market capitalization of $71.68 billion, a P/E ratio of 32.06, a P/E/G ratio of 0.42 and a beta of 1.30. The stock’s 50 day moving average price is $78.98 and its 200 day moving average price is $79.17. 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 52 week low of $47.63 and a 52 week high of $87.62.

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

General Motors Announces Dividend

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

Insider Buying and Selling at General Motors

In related news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the transaction, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. This trade represents a 21.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total value of $17,233,433.91. Following the completion of the sale, the chief executive officer owned 770,491 shares of the company’s stock, valued at approximately $61,646,984.91. This trade represents a 21.85% decrease in their ownership of the stock. 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 598,149 shares of company stock worth $49,307,358 over the last three months. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Bank of America assumed coverage on shares of General Motors in a research note on Wednesday, March 4th. They set a “buy” rating and a $105.00 target price on the stock. TD Cowen lifted their price target on General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. UBS Group reissued a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. Citigroup raised their price objective on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $102.00 target price on shares of General Motors in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and an average price target of $95.65.

General Motors Company 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.