Cerity Partners LLC Has $34.75 Million Stock Holdings in General Motors Company $GM

Cerity Partners LLC boosted its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 17.0% in the third quarter, Holdings Channel reports. The institutional investor owned 569,931 shares of the auto manufacturer’s stock after acquiring an additional 82,861 shares during the quarter. Cerity Partners LLC’s holdings in General Motors were worth $34,749,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of General Motors by 11.5% in the second quarter. Vanguard Group Inc. now owns 110,759,703 shares of the auto manufacturer’s stock worth $5,450,485,000 after acquiring an additional 11,418,367 shares during the last quarter. Viking Global Investors LP boosted its position in General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after purchasing an additional 5,830,050 shares during the last quarter. Legal & General Group Plc grew its stake in General Motors by 0.5% in the second quarter. Legal & General Group Plc now owns 10,143,779 shares of the auto manufacturer’s stock valued at $499,175,000 after purchasing an additional 54,853 shares in the last quarter. Norges Bank acquired a new position in General Motors in the 2nd quarter worth about $444,319,000. Finally, Ameriprise Financial Inc. raised its stake in shares of General Motors by 8.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,699,105 shares of the auto manufacturer’s stock worth $280,457,000 after purchasing an additional 424,396 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

Insider Activity at General Motors

In other news, CAO Christopher Hatto sold 7,724 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $72.00, for a total value of $556,128.00. Following the sale, the chief accounting officer owned 12,007 shares in the company, valued at approximately $864,504. This trade represents a 39.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Mark L. Reuss sold 260,600 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the transaction, the president owned 98,006 shares of the company’s stock, valued at approximately $6,512,498.70. The trade was a 72.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 284,021 shares of company stock valued at $18,971,788 over the last three months. 0.54% of the stock is owned by company insiders.

General Motors Stock Up 3.9%

General Motors stock opened at $85.09 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 1.06. General Motors Company has a fifty-two week low of $41.60 and a fifty-two week high of $85.18. The firm has a fifty day moving average price of $76.11 and a two-hundred day moving average price of $63.44. The firm has a market cap of $79.37 billion, a price-to-earnings ratio of 17.12, a P/E/G ratio of 0.66 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.48. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The company had revenue of $48.59 billion for the quarter, compared to the consensus estimate of $44.60 billion. During the same period last year, the business posted $2.96 earnings per share. The firm’s revenue was down .3% compared to the same quarter last year. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. As a group, analysts forecast that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, December 5th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, December 5th. General Motors’s dividend payout ratio is currently 12.07%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on GM shares. Weiss Ratings cut General Motors from a “buy (b-)” rating to a “hold (c)” rating in a research note on Saturday, October 25th. Wells Fargo & Company lifted their target price on shares of General Motors from $46.00 to $48.00 and gave the company an “underweight” rating in a research note on Tuesday, December 9th. Barclays increased their price target on shares of General Motors from $77.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Mizuho set a $90.00 price target on shares of General Motors in a report on Tuesday, December 16th. Finally, Wall Street Zen cut shares of General Motors from a “buy” rating to a “hold” rating in a report on Sunday, January 4th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $77.29.

Key Stories Impacting General Motors

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

• Positive Sentiment: Piper Sandler and other bulls have upgraded GM, arguing EV pullbacks and cost cuts improve the risk/reward and free up cash for margin-accretive businesses. GM’s stock gets an almost ‘silly’ upgrade
• Positive Sentiment: Analysts and writeups highlight GM’s recurring SaaS monetization and stronger adjusted margins versus peers, a structural reason some see upside after the recent pullback. Seeking Alpha: GM Trumps Ford…
• Neutral Sentiment: GM launched a joint Dept. of Transportation/GM road‑trip app — positive for branding and services but unlikely to move near‑term fundamentals. Dept. Of Transportation & GM Launch New Road Trip App
• Neutral Sentiment: Value/analyst pieces (Zacks) are re-evaluating GM on classic value metrics; useful for longer‑term investors but not an immediate catalyst. Should Value Investors Buy GM?
• Negative Sentiment: GM will record large fourth‑quarter charges ($6B–$7.1B reported) tied to unwinding EV investments and China restructuring — a substantial one‑time profit hit and signal of strategic retreat from some EV capacity. GM to record $7.1 billion in fourth-quarter charges
• Negative Sentiment: GM cut more than 1,000 jobs at two plants amid slower EV demand and production changes — another sign of cost actions but also shrinking EV volumes. GM cuts more than 1,000 jobs
• Negative Sentiment: U.S. Q4 sales fell ~7% Y/Y with EV deliveries down sharply (reported ~43%), reflecting demand pull‑forward from prior tax credits and ongoing EV weakness. GM’s Q4 US Sales Fall 7% Y/Y

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.