Barclays Has Lowered Expectations for General Motors (NYSE:GM) Stock Price

General Motors (NYSE:GM) (TSE:GMM.U) had its price target lowered by stock analysts at Barclays from $110.00 to $105.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the auto manufacturer’s stock. Barclays‘s target price would suggest a potential upside of 43.32% from the stock’s current price.

Other analysts have also issued reports about the stock. Piper Sandler reiterated an “overweight” rating and issued a $105.00 price target (up from $98.00) on shares of General Motors in a research note on Wednesday, January 28th. JPMorgan Chase & Co. lifted their target price on shares of General Motors from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Benchmark boosted their target price on shares of General Motors from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft raised their price target on General Motors from $82.00 to $83.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. Finally, Bank of America initiated coverage on General Motors in a report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.38.

General Motors Stock Up 0.4%

Shares of General Motors stock traded up $0.28 on Monday, reaching $73.26. The company’s stock had a trading volume of 1,128,078 shares, compared to its average volume of 8,467,267. General Motors has a 52 week low of $41.60 and a 52 week high of $87.62. The firm’s fifty day simple moving average is $79.12 and its two-hundred day simple moving average is $73.53. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $66.23 billion, a price-to-earnings ratio of 24.34, a P/E/G ratio of 0.39 and a beta of 1.37.

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

General Motors announced that its board has initiated a stock buyback plan on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the auto manufacturer to buy up to 8.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On General Motors

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GM. Stance Capital LLC bought a new stake in shares of General Motors during the fourth quarter valued at approximately $3,402,000. Rockefeller Capital Management L.P. grew its holdings in General Motors by 31.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 510,885 shares of the auto manufacturer’s stock valued at $41,545,000 after buying an additional 122,750 shares in the last quarter. World Investment Advisors boosted its position in shares of General Motors by 76.6% during the 4th quarter. World Investment Advisors now owns 11,815 shares of the auto manufacturer’s stock valued at $961,000 after acquiring an additional 5,124 shares during the last quarter. PeakShares LLC bought a new stake in shares of General Motors in the 4th quarter worth about $249,000. Finally, Corient Private Wealth LLC lifted its holdings in shares of General Motors by 14.4% in the 4th quarter. Corient Private Wealth LLC now owns 367,378 shares of the auto manufacturer’s stock valued at $29,876,000 after acquiring an additional 46,218 shares during the last quarter. 92.67% of the stock is owned by hedge funds and other institutional investors.

About General Motors

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.