HighTower Advisors LLC reduced its stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 8.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 297,390 shares of the auto manufacturer’s stock after selling 27,970 shares during the quarter. HighTower Advisors LLC’s holdings in General Motors were worth $24,184,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. North Dakota State Investment Board purchased a new position in shares of General Motors during the 4th quarter worth $2,655,000. Elyxium Wealth LLC purchased a new stake in shares of General Motors in the fourth quarter valued at about $196,000. Abacus Wealth Partners LLC purchased a new stake in shares of General Motors in the fourth quarter valued at about $459,000. iA Global Asset Management Inc. acquired a new stake in General Motors during the fourth quarter worth about $6,753,000. Finally, May Hill Capital LLC raised its stake in General Motors by 102.4% during the fourth quarter. May Hill Capital LLC now owns 21,106 shares of the auto manufacturer’s stock worth $1,716,000 after purchasing an additional 10,677 shares during the period. 92.67% of the stock is owned by institutional investors and hedge funds.
General Motors Stock Performance
NYSE:GM opened at $78.81 on Friday. General Motors Company has a fifty-two week low of $46.81 and a fifty-two week high of $87.62. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. The company has a 50 day moving average price of $76.04 and a 200 day moving average price of $77.60. The stock has a market capitalization of $71.06 billion, a P/E ratio of 31.78, a PEG ratio of 0.39 and a beta of 1.29.
General Motors Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, June 5th. General Motors’s payout ratio is currently 29.03%.
General Motors declared that its board has authorized a stock repurchase plan on Tuesday, January 27th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the auto manufacturer to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.
Analysts Set New Price Targets
Several equities analysts have weighed in on GM shares. The Goldman Sachs Group decreased their target price on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft raised shares of General Motors from a “hold” rating to a “buy” rating and lifted their price target for the company from $83.00 to $90.00 in a research report on Tuesday, April 14th. Bank of America assumed coverage on General Motors in a report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price objective on the stock. Benchmark increased their price objective on General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Zacks Research cut General Motors from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, General Motors presently has a consensus rating of “Moderate Buy” and an average target price of $94.65.
Check Out Our Latest Stock Analysis on GM
General Motors News Summary
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 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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