Assenagon Asset Management S.A. Grows Stock Position in General Motors Company $GM

Assenagon Asset Management S.A. boosted its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 23.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,260,369 shares of the auto manufacturer’s stock after buying an additional 237,041 shares during the period. Assenagon Asset Management S.A.’s holdings in General Motors were worth $93,897,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC purchased a new position in General Motors during the fourth quarter worth approximately $25,000. Elevation Wealth Partners LLC raised its position in shares of General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares during the period. SouthState Bank Corp raised its position in shares of General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares during the period. Kemnay Advisory Services Inc. acquired a new position in General Motors in the fourth quarter valued at $30,000. Finally, Founders Capital Management acquired a new position in General Motors in the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on GM. UBS Group restated a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Wells Fargo & Company boosted their target price on General Motors from $57.00 to $59.00 and gave the stock an “underweight” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft raised shares of General Motors from a “hold” rating to a “buy” rating and increased their target price for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target on the stock in a report on Wednesday, March 25th. Finally, Barclays reduced their price target on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $95.65.

Insider Activity at General Motors

In other General Motors news, CEO Mary T. Barra sold 99,239 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total value of $8,445,238.90. Following the transaction, the chief executive officer owned 592,242 shares in the company, valued at $50,399,794.20. The trade was a 14.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the transaction, the executive vice president directly owned 37,395 shares of the company’s stock, valued at approximately $3,177,453.15. The trade was a 19.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 697,388 shares of company stock valued at $57,752,596. Corporate insiders own 0.54% of the company’s stock.

General Motors Stock Performance

Shares of NYSE:GM opened at $79.08 on Thursday. The business’s 50-day simple moving average is $79.35 and its 200 day simple moving average is $79.36. The company has a market cap of $71.31 billion, a P/E ratio of 31.89, a PEG ratio of 0.40 and a beta of 1.30. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a one year low of $47.72 and a one year high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter in the prior year, the business earned $2.78 EPS. General Motors’s quarterly revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, sell-side analysts forecast that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were paid a $0.18 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. General Motors’s dividend payout ratio is 29.03%.

Trending Headlines about General Motors

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

• Positive Sentiment: GM said it will add another 3.5 billion reais ($674.9 million) to its Brazil investment plan, boosting its commitment by 50% to support hybrid vehicle production and factory modernization. GM adds $675 million to Brazil investment plan
• Positive Sentiment: GM also announced a $275 million investment in its Spring Hill operations, including future Cadillac production, which signals continued spending on key manufacturing assets and EV-related capacity. GM invests $275 million in Spring Hill operations, adds future Cadillac production
• Positive Sentiment: Analyst revisions remained constructive, with some price targets moving higher as investors debate the upside from GM’s battery, software, autonomous driving and digital-services investments. General Motors (GM) Stock Sees Split Analyst Revisions As Battery And Software Bets Draw Debate
• Neutral Sentiment: GM Financial announced it will release second-quarter 2026 operating results on July 21, which is mainly a forthcoming disclosure event rather than a new operating update. GM Financial to Release Second Quarter 2026 Operating Results
• Negative Sentiment: New forecasts suggest Toyota is gaining ground in U.S. sales while GM’s first-half U.S. volume could fall 7.2%, raising concerns that the company is losing share in a key market. Toyota is gaining on General Motors in U.S. sales: ‘GM may be looking over their shoulder’
• Negative Sentiment: Reports about layoffs and automation at GM factories, including robot deployment after job cuts, may keep attention on restructuring costs and labor disruption. GM installs robots at flagship EV factory after laying off 1,300 workers

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.