Cetera Investment Advisers Increases Stake in General Motors Company $GM

Cetera Investment Advisers boosted its position in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 10.5% during the first quarter, HoldingsChannel reports. The fund owned 330,063 shares of the auto manufacturer’s stock after buying an additional 31,390 shares during the quarter. Cetera Investment Advisers’ holdings in General Motors were worth $24,590,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new stake in shares of General Motors in the fourth quarter valued at approximately $25,000. Evergreen Advisors LLC bought a new position in General Motors in the 1st quarter worth approximately $26,000. SouthState Bank Corp grew its stake in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 177 shares in the last quarter. Kelleher Financial Advisors bought a new stake in General Motors during the 3rd quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in General Motors during the 4th quarter valued at $30,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GM. Piper Sandler reaffirmed an “overweight” rating and issued a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. The Goldman Sachs Group boosted their price objective on General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a research note on Wednesday. UBS Group reissued a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Royal Bank Of Canada lifted their target price on General Motors from $94.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.68.

Check Out Our Latest Stock Report on General Motors

Insider Buying and Selling at General Motors

In other news, CEO Mary T. Barra sold 99,239 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total transaction of $8,445,238.90. Following the completion of the transaction, the chief executive officer directly owned 592,242 shares of the company’s stock, valued at approximately $50,399,794.20. This represents a 14.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the sale, the chief accounting officer directly owned 25,794 shares in the company, valued at $2,192,490. The trade was a 21.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 697,388 shares of company stock worth $57,752,596. 0.54% of the stock is currently owned by insiders.

Key Stories Impacting General Motors

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

  • Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
  • Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
  • Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
  • Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
  • Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
  • Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title

General Motors Stock Performance

NYSE:GM opened at $82.59 on Monday. The business’s 50-day moving average price is $79.24 and its two-hundred day moving average price is $78.83. General Motors Company has a twelve month low of $51.69 and a twelve month high of $87.62. The stock has a market cap of $72.47 billion, a P/E ratio of 41.71, a PEG ratio of 0.38 and a beta of 1.31. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The firm had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. During the same quarter last year, the company posted $2.53 EPS. The business’s quarterly revenue was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, equities analysts predict that General Motors Company will post 13.23 EPS for the current fiscal year.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s payout ratio is 36.36%.

General Motors Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GMFree Report) (TSE:GMM.U).

Institutional Ownership by Quarter for General Motors (NYSE:GM)

Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.