Principal Financial Group Inc. Sells 18,022 Shares of General Motors Company $GM

Principal Financial Group Inc. decreased its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,017,104 shares of the auto manufacturer’s stock after selling 18,022 shares during the quarter. Principal Financial Group Inc.’s holdings in General Motors were worth $62,013,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in GM. Vanguard Group Inc. raised its position in 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 purchasing an additional 11,418,367 shares in the last quarter. Norges Bank acquired a new position in shares of General Motors in the 2nd quarter worth approximately $444,319,000. Viking Global Investors LP lifted its position in shares of General Motors by 81.1% during the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after buying an additional 5,830,050 shares during the period. Worldquant Millennium Advisors LLC lifted its position in shares of General Motors by 436.8% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after buying an additional 2,163,274 shares during the period. Finally, Marshall Wace LLP boosted its stake in General Motors by 125.9% in the 2nd quarter. Marshall Wace LLP now owns 3,699,220 shares of the auto manufacturer’s stock valued at $182,039,000 after buying an additional 2,061,712 shares in the last quarter. 92.67% of the stock is currently owned by institutional investors and hedge funds.

General Motors Trading Up 1.6%

GM opened at $85.59 on Wednesday. General Motors Company has a 1-year low of $41.60 and a 1-year high of $87.31. The stock has a market capitalization of $77.37 billion, a PE ratio of 28.44, a PEG ratio of 0.46 and a beta of 1.36. The company has a current ratio of 1.17, a quick ratio of 1.01 and a debt-to-equity ratio of 1.50. The firm has a 50-day moving average price of $80.66 and a two-hundred day moving average price of $67.50.

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

General Motors announced that its Board of Directors has authorized a stock buyback program on Tuesday, January 27th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the auto manufacturer to repurchase up to 8.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

General Motors Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, March 6th will be paid a $0.18 dividend. This is an increase from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. General Motors’s payout ratio is 19.93%.

Insider Buying and Selling at General Motors

In other news, CAO Christopher Hatto sold 7,724 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $72.00, for a total transaction of $556,128.00. Following the completion of the sale, the chief accounting officer owned 12,007 shares in the company, valued at $864,504. The trade was a 39.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Barclays set a $110.00 price objective on General Motors in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft increased their target price on shares of General Motors from $82.00 to $83.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. Morgan Stanley restated an “overweight” rating and issued a $100.00 price target on shares of General Motors in a research report on Wednesday, January 28th. Mizuho upped their price objective on shares of General Motors from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Finally, Jefferies Financial Group raised their price objective on shares of General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $88.43.

Key Headlines Impacting General Motors

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

• Positive Sentiment: Evercore raised its price target on GM from $85 to $95 and kept an “outperform” rating — a bullish analyst move that supports upside expectations. Evercore raises PT to $95
• Positive Sentiment: Jefferies raised its price target from $85 to $97 (hold), also signaling more upside from current levels. Analyst upward revisions can drive buying and boost sentiment. Jefferies raises PT to $97
• Positive Sentiment: Most new GM EV buyers are selecting a home-charging package — this improves owner experience, likely increases EV adoption, and may generate accessory/installation revenue. Most New GM EV Customers Are Choosing A Home Charging Package
• Positive Sentiment: GM Korea is shifting focus to the premium vehicle segment — a strategy that could improve margins and brand mix in international markets. GM Korea Strengthening Focus On Premium Vehicle Segment
• Neutral Sentiment: GM issued a fix for a fuel-injector flow-rate issue on the Chevy Trax — the company addressed the problem, which limits lingering safety/recall uncertainty but is unlikely to be material to earnings. GM Releases Fix For Chevy Trax Fuel Injector Flow Rate Issue
• Neutral Sentiment: An explainer on “Ecotec” engine branding surfaced — useful for consumer/brand clarity but not directly material to near-term financials. What Ecotec Means On GM Engines
• Neutral Sentiment: GM CEO attended a White House event with former President Trump — a high-profile appearance that may affect public/political perception but has ambiguous direct financial impact. General Motors CEO attends White House event with Trump
• Neutral Sentiment: Elevated investor searches and attention (per Zacks) signal higher market focus on GM, which can amplify price moves but doesn’t by itself change fundamentals. Investors Heavily Search General Motors Company (GM)
• Negative Sentiment: Canada says it will seek to recover “hundreds of millions” from GM (and Stellantis) after scaled-back production — this is a direct potential cash liability and a clear near-term downside risk. Canada to Claim Stellantis, GM Owe Hundreds of Millions to Government

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.