Robeco Institutional Asset Management B.V. lowered its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 5.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,776,285 shares of the auto manufacturer’s stock after selling 200,854 shares during the period. Robeco Institutional Asset Management B.V. owned 0.43% of General Motors worth $290,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in General Motors during the second quarter valued at $5,958,995,000. Dimensional Fund Advisors LP increased its holdings in General Motors by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock valued at $1,059,668,000 after acquiring an additional 77,100 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in General Motors by 1.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,559,990 shares of the auto manufacturer’s stock valued at $659,804,000 after acquiring an additional 101,885 shares during the last quarter. Bank of America Corp DE bought a new stake in General Motors in the 2nd quarter valued at $629,465,000. Finally, Legal & General Group Plc purchased a new stake in General Motors in the 2nd quarter worth $599,066,000. Institutional investors own 92.67% of the company’s stock.
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Q3 results exceeded expectations: GM reported approximately $50.0 billion in revenue and $3.70 in adjusted earnings per share, narrowly beating consensus estimates. Adjusted EBIT rose 22% year over year to $4.1 billion, supported by North American volumes, pickup-truck strength and cost efficiencies. General Motors earnings report
- Positive Sentiment: Large capital-return plan: GM authorized a new, multiyear $20 billion share-repurchase program, signaling management believes the stock is undervalued and potentially supporting per-share earnings. The board also declared a quarterly dividend of $0.18 per share, or $0.72 annualized. GM third-quarter results and buyback announcement
- Positive Sentiment: Improved cash-flow outlook: GM raised its 2026 adjusted automotive free-cash-flow forecast to $11.5 billion-$12.5 billion from $9.5 billion-$11.5 billion, strengthening the case for buybacks and dividends. GM cash-flow outlook
- Neutral Sentiment: GM plans to close its Brownstown battery assembly plant, reportedly because of changes in battery sourcing and production needs rather than a retreat from electrification. The move could reduce costs but highlights ongoing manufacturing adjustments. GM battery plant closure
- Negative Sentiment: Guidance drove the selloff: GM narrowed its full-year adjusted earnings outlook, with the midpoint below Wall Street expectations, and plans to pause some truck production. Investors viewed the weaker outlook as more important than the quarterly beat. Why GM shares declined
- Negative Sentiment: Management said EV demand has fallen back to levels seen before the $7,500 federal tax credit, raising concerns about near-term EV volumes and profitability. Labor and political criticism of the buyback also adds reputational risk. GM EV demand commentary
General Motors Trading Down 6.7%
GM stock opened at $77.17 on Wednesday. The firm has a fifty day moving average price of $83.99 and a 200 day moving average price of $81.23. General Motors Company has a fifty-two week low of $62.36 and a fifty-two week high of $91.85. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. The firm has a market cap of $67.72 billion, a PE ratio of 6.58, a price-to-earnings-growth ratio of 0.46 and a beta of 1.40.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.69 by $0.01. The company had revenue of $50.02 billion for the quarter, compared to analysts’ expectations of $48.78 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. General Motors’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.80 earnings per share. Sell-side analysts anticipate that General Motors Company will post 13.53 earnings per share for the current fiscal year.
General Motors announced that its Board of Directors has authorized a stock buyback program on Tuesday, October 20th that authorizes the company to buy back $20.00 billion in shares. This buyback authorization authorizes the auto manufacturer to purchase up to 27.5% of its shares through open market purchases. Share buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.
General Motors Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th. General Motors’s dividend payout ratio (DPR) is presently 36.36%.
Insiders Place Their Bets
In other news, CEO Mary Barra sold 318,448 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total value of $28,781,330.24. Following the sale, the chief executive officer directly owned 428,994 shares in the company, valued at $38,772,477.72. The trade was a 42.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the sale, the chief accounting officer owned 18,899 shares in the company, valued at approximately $1,700,910. This trade represents a 26.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 549,665 shares of company stock worth $49,010,828. Insiders own 0.44% of the company’s stock.
Analysts Set New Price Targets
GM has been the subject of several research reports. TD Cowen reissued a “hold” rating on shares of General Motors in a report on Thursday, September 24th. Wells Fargo & Company raised their price objective on General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, July 22nd. Yorkville Ives started coverage on General Motors in a report on Monday, October 5th. They issued an “outperform” rating and a $100.00 target price on the stock. Royal Bank Of Canada lifted their target price on General Motors from $100.00 to $102.00 and gave the stock an “outperform” rating in a report on Monday, October 12th. Finally, Jefferies Financial Group upgraded General Motors from a “hold” rating to a “buy” rating and boosted their target price for the stock from $90.00 to $99.00 in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and an average target price of $101.18.
General Motors Profile
General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.
GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.
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