CenterBook Partners LP Purchases New Stake in General Motors Company $GM

CenterBook Partners LP acquired a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,927 shares of the auto manufacturer’s stock, valued at approximately $483,000.

Several other large investors also recently added to or reduced their stakes in GM. Vanguard Group Inc. increased its stake in shares of General Motors by 11.5% in the 2nd 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. Norges Bank purchased a new stake in shares of General Motors in the second quarter valued at about $444,319,000. Viking Global Investors LP increased 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 worth $640,659,000 after purchasing an additional 5,830,050 shares during the last quarter. Worldquant Millennium Advisors LLC raised its stake in General Motors by 436.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after purchasing an additional 2,163,274 shares during the period. Finally, Marshall Wace LLP boosted its holdings 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 purchasing an additional 2,061,712 shares during the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Barclays set a $110.00 price target on shares of General Motors in a report on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of General Motors in a research note on Wednesday, January 28th. Mizuho lifted their target price on General Motors from $100.00 to $105.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Wells Fargo & Company increased their price target on General Motors from $48.00 to $57.00 and gave the stock an “underweight” rating in a report on Wednesday, January 28th. Finally, DZ Bank upgraded shares of General Motors from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a report on Thursday, January 29th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $89.52.

General Motors Trading Down 0.0%

Shares of NYSE GM opened at $81.44 on Friday. 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 stock has a market capitalization of $73.62 billion, a PE ratio of 27.06, a PEG ratio of 0.45 and a beta of 1.36. General Motors Company has a twelve month low of $41.60 and a twelve month high of $87.62. The stock has a fifty day simple moving average of $82.19 and a 200-day simple moving average of $70.06.

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

General Motors Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from General Motors’s previous quarterly dividend of $0.15. General Motors’s payout ratio is currently 19.93%.

General Motors announced that its board has authorized a share repurchase program on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its shares are undervalued.

Key General Motors News

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

• Positive Sentiment: Chevrolet is increasing production of the Corvette ZR1, signaling strong demand for high‑margin performance models and potential incremental revenue. Chevrolet Is Building More Corvette ZR1s Than Originally Expected
• Positive Sentiment: GM announced multi‑million dollar investment in Canadian facilities to build next‑gen pickups — supports EV/ICE pickup capacity, secures local production rules of origin, and underpins future revenue and job stability. GM Is Pouring Millions Into Canada To Build Its Next-Gen Pickups
• Positive Sentiment: Supreme Court action rescinding certain tariffs may reduce input cost pressure for auto OEMs and suppliers, a tailwind to margins if sustained. Investors are watching the broader tariff outcome for upside to GM’s cost outlook. Stocks to Watch as the Supreme Court Rescinds President Trump’s Tariffs
• Neutral Sentiment: Erste Group slightly trimmed its FY2027 EPS estimate for GM (from $14.30 to $14.26) — a marginal analyst tweak that is unlikely to materially change consensus but keeps focus on long‑run EPS trajectory vs. the street. Erste Group lowers FY2027 EPS estimate for General Motors
• Neutral Sentiment: Wall Street commentary suggests the tariff decision’s net impact may be small or offset by future actions — adds uncertainty but not a definitive catalyst either way. What Wall Street Is Saying About the Tariffs Ruling
• Neutral Sentiment: Detroit automakers raised concerns to the White House about potential new tariffs — signals ongoing policy risk that investors will monitor but no immediate financial impact reported. Detroit Automakers Raise Concern to White House About Potential New Tariffs
• Negative Sentiment: GM is recalling roughly 43,000 full‑size SUVs over a transmission issue that can lock rear wheels — recall costs, warranty reserve increases and short‑term reputational damage could pressure margins and near‑term investor sentiment. GM recalls 43,000 SUVs over transmission issue that can lock rear wheels
• Negative Sentiment: Related engineering/recall headlines on GM’s 6.2L V8 L87 engines and oil compatibility keep warranty/recall risk in focus—could add additional repair costs and dealer service load if replacements/repairs lag. GM 6.2L V8 L87 Recall: How’s Your Unreplaced Engine With 0W-40 Oil Doing So Far?

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.