Legacy Capital Group California Inc. Buys 14,150 Shares of General Motors Company $GM

Legacy Capital Group California Inc. lifted its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 206.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,004 shares of the auto manufacturer’s stock after acquiring an additional 14,150 shares during the quarter. Legacy Capital Group California Inc.’s holdings in General Motors were worth $1,708,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Elevation Wealth Partners LLC lifted its holdings in General Motors by 500.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 275 shares in the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of General Motors in the third quarter valued at approximately $29,000. Kelleher Financial Advisors purchased a new stake in shares of General Motors in the third quarter valued at approximately $29,000. Founders Capital Management bought a new position in General Motors in the fourth quarter worth approximately $31,000. Finally, JPL Wealth Management LLC purchased a new position in General Motors during the 3rd quarter worth $32,000. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on GM shares. Mizuho increased their price target on General Motors from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Citigroup increased their target price on shares of General Motors from $86.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, January 12th. JPMorgan Chase & Co. boosted their price target on shares of General Motors from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. The Goldman Sachs Group cut their price objective on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, TD Cowen reaffirmed a “buy” rating on shares of General Motors in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $91.25.

General Motors Stock Down 0.2%

GM stock opened at $78.85 on Thursday. The firm’s fifty day moving average is $76.92 and its 200 day moving average is $75.55. The firm has a market cap of $71.28 billion, a PE ratio of 26.25, a P/E/G ratio of 0.44 and a beta of 1.34. General Motors Company has a one year low of $44.72 and a one year high of $87.62. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.01 and a current ratio of 1.17.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.25. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The firm had revenue of $45.29 billion for the quarter, compared to analyst estimates of $45.81 billion. During the same period in the previous year, the company posted $1.92 earnings per share. The business’s revenue was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, research analysts forecast that General Motors Company will post 12.44 EPS for the current year.

General Motors announced that its board has approved a stock repurchase plan on Tuesday, January 27th that authorizes the company to repurchase $6.00 billion in shares. This repurchase authorization authorizes the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

General Motors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were paid a $0.18 dividend. This is a positive change from General Motors’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio is 23.92%.

General Motors News Summary

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

• Positive Sentiment: GM reached a renewable?energy milestone across its U.S. operations, improving its ESG profile and potentially lowering operating costs over time. GM Reaches Renewable Energy Milestone Across US Operations
• Positive Sentiment: GM bought a new plant on the former Palace of Auburn Hills site to support production of gasoline?powered Cadillac Escalade and full?size Silverado/Sierra pickups — a move that shores up capacity for higher?margin ICE trucks. GM buys plant built on the site of the former Palace of Auburn Hills
• Positive Sentiment: High?profile bullish commentary — including Jim Cramer and bullish investor pieces — reinforces confidence in management (Mary Barra) and the case for investing in GM’s execution and cash returns. Jim Cramer on General Motors: “I Want You to Invest in Mary Barra”
• Neutral Sentiment: Analyst previews note rising software momentum at GM (higher?margin recurring revenue) but flag declining vehicle sales and tariff pressures — a mixed outlook that tempers both growth and margin expectations. General Motors to Report Q1 Earnings: Here’s What to Expect
• Negative Sentiment: Multiple reports say GM is indefinitely delaying its next?generation full?size EV truck program (Factory Zero), which undermines the EV growth narrative and raises questions about timing and capital allocation for EV leadership. GM delays next-gen EV truck program, Crain’s Detroit reports
• Negative Sentiment: Coverage indicates GM is pivoting to hybrid and gasoline pickups instead of launching the planned full?size EV trucks, a strategic rebalancing that could slow EV revenue upside and disappoint growth?oriented investors. GM Halts Next-Gen EV Trucks-Turns Attention To Hybrid Pickups Instead
• Negative Sentiment: Consensus previews and earnings?beat odds suggest Q1 results could disappoint (expectations for lower EPS), adding near?term downside risk to the stock until results and guidance are digested. General Motors to Report Q1 Earnings: Here’s What to Expect

General Motors 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.