Assetmark Inc. Buys 27,353 Shares of General Motors Company $GM

Assetmark Inc. grew its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 30.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,128 shares of the auto manufacturer’s stock after acquiring an additional 27,353 shares during the period. Assetmark Inc.’s holdings in General Motors were worth $7,202,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its position 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 valued at $5,450,485,000 after purchasing an additional 11,418,367 shares during the last quarter. Viking Global Investors LP increased 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 acquiring an additional 5,830,050 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of 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 worth $499,175,000 after acquiring an additional 54,853 shares during the last quarter. Norges Bank bought a new stake in shares of General Motors during the second quarter worth $444,319,000. Finally, Ameriprise Financial Inc. raised its position in General Motors by 8.0% in the second quarter. Ameriprise Financial Inc. now owns 5,699,105 shares of the auto manufacturer’s stock valued at $280,457,000 after purchasing an additional 424,396 shares during the last quarter. Institutional investors own 92.67% of the company’s stock.

Trending Headlines about General Motors

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

• Positive Sentiment: Jim Cramer praised GM’s execution and strategy, reinforcing bullish retail investor interest and momentum that can support short‑term buying pressure. Read More.
• Positive Sentiment: Zacks highlights GM as a long‑term momentum stock using style scores, which may attract momentum and model‑based funds. This is sentiment/supportive coverage rather than new fundamentals. Read More.
• Positive Sentiment: GM issued a software fix for unwanted brake assist on Cadillac CT5 models — proactive remediation reduces regulatory and reputation risk and limits potential warranty/certification costs. Read More.
• Positive Sentiment: GM is building its new Gen6 V8 for the U.S. market in Canada — signals manufacturing flexibility and potential cost/production advantages for key combustion platforms while keeping supply close to demand centers. Product continuity matters for margin and fleet mix. Read More.
• Neutral Sentiment: Details on 2027 Chevy Silverado and GMC Sierra engines outline expected powertrain lineup — useful for long‑term product planning but not an immediate earnings driver. Read More.
• Neutral Sentiment: GM built a special‑edition Corvette Z06 that won’t be sold in the U.S.; this is a brand/halo item with limited direct financial impact. Read More.
• Neutral Sentiment: Weekly performance roundup comparing GM, Ford, Stellantis — provides context on peer moves but no new company‑specific catalyst. Read More.
• Negative Sentiment: Zacks warns tariffs remain a material headwind: GM reported ~$3.1B of tariff costs in 2025 and expects $3B–$4B in 2026, which can compress margins and offset operational gains. This is a meaningful near‑term earnings risk. Read More.
• Negative Sentiment: Some 2025–2026 Chevy Equinox and GMC Terrain models can get stuck in first gear — a safety/recall issue that could lead to repairs, warranty costs and short‑term reputation pressure. Read More.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GM. Royal Bank Of Canada raised their price target on shares of General Motors from $92.00 to $107.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a research note on Thursday, January 22nd. Wells Fargo & Company lifted their price objective on General Motors from $48.00 to $57.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft raised their price target on shares of General Motors from $82.00 to $83.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. Finally, Zacks Research lowered shares of General Motors from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $89.52.

General Motors Price Performance

Shares of GM opened at $81.00 on Tuesday. The business’s fifty day moving average is $82.03 and its 200 day moving average is $69.36. General Motors Company has a 12-month low of $41.60 and a 12-month high of $87.62. 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 stock has a market cap of $73.22 billion, a P/E ratio of 26.91, a P/E/G ratio of 0.44 and a beta of 1.36.

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

General Motors declared that its board has approved a stock buyback program on Tuesday, January 27th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

General Motors Increases Dividend

The business also recently disclosed 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 represents a $0.72 annualized dividend and a dividend yield of 0.9%. This is a boost from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 6th. General Motors’s dividend payout ratio (DPR) is currently 19.93%.

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.