Thrivent Financial for Lutherans Raises Stock Position in General Motors Company $GM

Thrivent Financial for Lutherans grew its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 465.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 250,598 shares of the auto manufacturer’s stock after purchasing an additional 206,241 shares during the quarter. Thrivent Financial for Lutherans’ holdings in General Motors were worth $20,385,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in GM. Tsfg LLC lifted its stake in shares of General Motors by 5.7% during the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after purchasing an additional 120 shares in the last quarter. Bogart Wealth LLC lifted its stake in shares of General Motors by 15.6% during the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after purchasing an additional 122 shares in the last quarter. PDS Planning Inc lifted its stake in shares of General Motors by 3.4% during the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after purchasing an additional 131 shares in the last quarter. Fourth Dimension Wealth LLC boosted its holdings in General Motors by 47.3% in the 4th quarter. Fourth Dimension Wealth LLC now owns 442 shares of the auto manufacturer’s stock worth $36,000 after acquiring an additional 142 shares during the period. Finally, Kentucky Trust Co boosted its holdings in General Motors by 5.1% in the 4th quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer’s stock worth $239,000 after acquiring an additional 144 shares during the period. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Key Stories Impacting General Motors

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for GM, signaling improved earnings expectations and supporting the case that the stock may be undervalued relative to longer-term profit potential. GM earnings estimate update
• Positive Sentiment: Analysts have highlighted GM as a “strong growth stock,” suggesting the company still has supporters based on its valuation, growth profile, and turnaround opportunities. Zacks GM growth stock article
• Neutral Sentiment: GM is reportedly pausing construction on a Samsung SDI battery plant, which may reflect a slower or more cautious EV investment cadence rather than a clear positive or negative catalyst. GM battery plant pause article
• Neutral Sentiment: GM’s move to cut certain Silverado medium-duty and diesel truck programs may improve capital discipline, but it also points to product rationalization and possible near-term volume pressure. GM Silverado changes article
• Negative Sentiment: GM recently paid a record privacy-law penalty and faces a separate lawsuit over recalled 10-speed automatic transmissions, both of which add legal and reputational overhang. GM privacy penalty article GM transmission lawsuit article
• Negative Sentiment: News that GM and peers have cut more than 20,000 U.S. salaried jobs underscores industry restructuring pressures and the challenge of balancing cost cuts with future growth investments. Detroit automakers job cuts article

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on GM shares. DZ Bank upgraded General Motors from a “hold” rating to a “buy” rating and set a $98.00 price target for the company in a report on Thursday, January 29th. JPMorgan Chase & Co. raised their price target on shares of General Motors from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Evercore reaffirmed an “outperform” rating and set a $100.00 target price on shares of General Motors in a research report on Monday, May 4th. Barclays dropped their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. Finally, UBS Group lifted their target price on General Motors from $102.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $94.65.

General Motors Stock Performance

Shares of NYSE GM opened at $74.93 on Monday. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. The firm’s 50-day moving average price is $76.00 and its two-hundred day moving average price is $77.43. General Motors Company has a 52-week low of $46.81 and a 52-week high of $87.62. The stock has a market capitalization of $67.56 billion, a P/E ratio of 30.21, a P/E/G ratio of 0.38 and a beta of 1.29.

General Motors (NYSE:GM) (TSE:GMM.U) last issued 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 firm had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter last year, the company posted $2.78 earnings per share. General Motors’s revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, sell-side analysts forecast that General Motors Company will post 12.85 earnings per share for the current year.

General Motors announced that its Board of Directors has approved a stock repurchase plan on Tuesday, January 27th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the auto manufacturer to reacquire up to 8.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

General Motors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. General Motors’s dividend payout ratio is currently 29.03%.

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.