ACR Alpine Capital Research LLC Sells 453,244 Shares of General Motors Company $GM

ACR Alpine Capital Research LLC reduced its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 5.9% in the third quarter, HoldingsChannel.com reports. The fund owned 7,236,999 shares of the auto manufacturer’s stock after selling 453,244 shares during the quarter. General Motors accounts for 7.5% of ACR Alpine Capital Research LLC’s holdings, making the stock its 2nd biggest position. ACR Alpine Capital Research LLC’s holdings in General Motors were worth $441,240,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling at General Motors

In related news, CAO Christopher Hatto sold 15,697 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $70.00, for a total transaction of $1,098,790.00. Following the transaction, the chief accounting officer directly owned 12,007 shares in the company, valued at approximately $840,490. The trade was a 56.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by insiders.

General Motors News Roundup

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

• Positive Sentiment: FDIC approval clears the way for GM to establish an industrial bank, allowing the company to expand captive-finance and deposit-taking activities that could boost recurring, higher‑margin financial revenue and lower funding costs. FDIC clears way for Ford, General Motors to set up industrial banks
• Positive Sentiment: Analysts are turning more bullish: JPMorgan raised its price target to $100 (overweight) and Goldman boosted its target to $98, while Zacks raised near‑term EPS estimates — all supporting upside and positive sentiment heading into earnings. GM price target/analyst coverage reporting
• Neutral Sentiment: GM will shift production of a China-built Buick compact SUV to its Fairfax, Kansas plant (expected ~2028) and will end Chevrolet Bolt EV production at that facility next year. The move reduces exposure to China/Mexico production and potential tariff risk and supports U.S. manufacturing jobs, but it also signals the end of the Bolt EV product and will require retooling/capital spend. Investors should watch retooling costs, capacity timing and margins on the new model. GM to end Chevy Bolt EV production next year, move China-made Buick to U.S. factory
• Negative Sentiment: The FTC has taken action against GM and OnStar over privacy concerns, creating regulatory and reputational risk that could trigger fines, compliance costs or changes to data-driven services that GM is monetizing. Monitor developments for potential financial or operational impacts. FTC Action Against GM & OnStar For Privacy Concerns
• Negative Sentiment: NHTSA has reopened probes and continues scrutiny of some GM V8 engines and earlier recalls, which could lead to further remediation costs, warranty exposure or reputational damage. Investors should factor potential recall/warranty hit into near‑term cash flow and margins. NHTSA reopens GM recall after engine failure

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GM shares. Wells Fargo & Company increased their target price on shares of General Motors from $46.00 to $48.00 and gave the stock an “underweight” rating in a research note on Tuesday, December 9th. Jefferies Financial Group increased their price objective on shares of General Motors from $50.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, October 6th. TD Cowen restated a “buy” rating on shares of General Motors in a research note on Friday, December 12th. HSBC upped their price target on General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. Finally, Wedbush raised their price objective on General Motors from $75.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $79.32.

General Motors Trading Up 0.1%

Shares of General Motors stock opened at $81.00 on Friday. The company has a market capitalization of $75.56 billion, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 0.64 and a beta of 1.31. The stock has a fifty day simple moving average of $78.39 and a 200 day simple moving average of $65.57. General Motors Company has a 12-month low of $41.60 and a 12-month high of $85.18. The company has a current ratio of 1.23, a quick ratio of 1.06 and a debt-to-equity ratio of 1.40.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.48. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The firm had revenue of $48.59 billion for the quarter, compared to the consensus estimate of $44.60 billion. During the same period in the previous year, the firm earned $2.96 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. On average, sell-side analysts anticipate that General Motors Company will post 11.44 earnings per share for the current fiscal year.

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.