Dorsey Wright & Associates lifted its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 352.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 133,355 shares of the auto manufacturer’s stock after acquiring an additional 103,910 shares during the period. General Motors accounts for approximately 1.2% of Dorsey Wright & Associates’ portfolio, making the stock its 24th biggest position. Dorsey Wright & Associates’ holdings in General Motors were worth $9,935,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of GM. Cibc World Market Inc. increased its stake in General Motors by 57.2% during the 4th quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock worth $16,318,000 after buying an additional 72,984 shares during the period. M&T Bank Corp boosted its position in General Motors by 82.0% in the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after buying an additional 32,474 shares during the period. Legacy Capital Group California Inc. grew its stake in shares of General Motors by 206.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock worth $1,708,000 after acquiring an additional 14,150 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of General Motors by 16.2% during the first quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after acquiring an additional 28,163 shares during the period. Finally, Leonteq Securities AG purchased a new stake in shares of General Motors during the fourth quarter worth $17,753,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for GM, signaling improving profit expectations ahead of earnings.
- Positive Sentiment: Multiple earnings-preview articles say GM has a strong chance to beat estimates again, helped by its recent track record of earnings surprises and favorable setup for the quarter.
- Positive Sentiment: GM may benefit from China restructuring efforts and growing digital revenue, which could help support margins and earnings growth.
- Neutral Sentiment: Market commentary and options-market coverage suggest traders are positioning for a potential move in GM, but no clear direction was confirmed.
- Negative Sentiment: Investor concern remains around GM’s China exposure, which continues to be described as a key problem for the stock.
- Negative Sentiment: Broader EV-sector headlines show a tough environment for automakers, with valuation pressure and industry uncertainty still hanging over the space.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on General Motors
General Motors Stock Performance
NYSE GM opened at $76.08 on Friday. The company has a fifty day moving average of $78.83 and a two-hundred day moving average of $78.91. The company has a market capitalization of $68.60 billion, a PE ratio of 30.68, a P/E/G ratio of 0.39 and a beta of 1.31. General Motors Company has a 1 year low of $48.87 and a 1 year high of $87.62. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. During the same period last 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. As a group, analysts expect that General Motors Company will post 12.88 earnings per share for the current year.
General Motors Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, June 5th. General Motors’s payout ratio is 29.03%.
Insider Buying and Selling
In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the business’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 transaction of $586,075.00. Following the transaction, the chief accounting officer owned 25,794 shares in the company, valued at approximately $2,192,490. The trade was a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of the 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 transaction, the chief executive officer directly 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 sold 697,388 shares of company stock valued at $57,752,596 over the last ninety days. Corporate insiders own 0.54% of the company’s stock.
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.
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