SG Americas Securities LLC Has $53.46 Million Position in General Motors Company $GM

SG Americas Securities LLC lifted its holdings in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 1,246.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 657,355 shares of the auto manufacturer’s stock after purchasing an additional 608,521 shares during the quarter. SG Americas Securities LLC owned about 0.07% of General Motors worth $53,456,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Tiemann Investment Advisors LLC lifted its position in General Motors by 3.1% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 5,045 shares of the auto manufacturer’s stock valued at $308,000 after acquiring an additional 150 shares in the last quarter. Hemington Wealth Management lifted its holdings in shares of General Motors by 14.5% in the third quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer’s stock valued at $74,000 after purchasing an additional 154 shares in the last quarter. Fielder Capital Group LLC boosted its position in shares of General Motors by 3.3% during the third quarter. Fielder Capital Group LLC now owns 5,131 shares of the auto manufacturer’s stock worth $313,000 after buying an additional 163 shares during the period. Resonant Capital Advisors LLC boosted its position in shares of General Motors by 3.4% during the third quarter. Resonant Capital Advisors LLC now owns 5,222 shares of the auto manufacturer’s stock worth $318,000 after buying an additional 171 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of General Motors by 3.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 5,732 shares of the auto manufacturer’s stock worth $466,000 after buying an additional 172 shares in the last quarter. Institutional investors own 92.67% of the company’s stock.

Key General Motors News

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

General Motors Stock Up 1.1%

General Motors stock opened at $76.54 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.01. The company’s 50-day moving average is $79.48 and its 200-day moving average is $73.17. The firm has a market capitalization of $69.19 billion, a PE ratio of 25.43, a P/E/G ratio of 0.41 and a beta of 1.37. General Motors Company has a fifty-two week low of $41.60 and a fifty-two week high of $87.62.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last issued its earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.25. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The business had revenue of $45.29 billion during the quarter, compared to the consensus estimate of $45.81 billion. During the same period last year, the business posted $1.92 EPS. General Motors’s revenue was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Sell-side analysts anticipate that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.72 annualized dividend and a yield of 0.9%. This is a positive change from General Motors’s previous quarterly dividend of $0.15. General Motors’s payout ratio is 23.92%.

General Motors declared that its Board of Directors has authorized a stock buyback plan on Tuesday, January 27th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the auto manufacturer to purchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Benchmark lifted their target price on General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, January 28th. Wall Street Zen downgraded shares of General Motors from a “buy” rating to a “hold” rating in a report on Sunday, January 4th. DZ Bank raised shares of General Motors from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a research report on Thursday, January 29th. Finally, Zacks Research downgraded shares of General Motors from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.39.

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General Motors Company Profile

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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