Diamond Hill Capital Management Inc. Sells 4,103,036 Shares of General Motors Company $GM

Diamond Hill Capital Management Inc. lowered its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 64.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,309,683 shares of the auto manufacturer’s stock after selling 4,103,036 shares during the period. Diamond Hill Capital Management Inc.’s holdings in General Motors were worth $187,823,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC raised its stake in General Motors by 20.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 235,793 shares of the auto manufacturer’s stock worth $13,502,000 after buying an additional 39,650 shares during the last quarter. M&T Bank Corp raised its stake in General Motors by 82.0% during the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock worth $5,860,000 after buying an additional 32,474 shares during the last quarter. Legacy Capital Group California Inc. raised its stake in General Motors by 206.4% during the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock worth $1,708,000 after buying an additional 14,150 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in General Motors by 7.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 194,869 shares of the auto manufacturer’s stock worth $11,882,000 after buying an additional 14,209 shares during the last quarter. Finally, Perbak Capital Partners LLP raised its stake in General Motors by 94.1% during the third quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer’s stock worth $2,871,000 after buying an additional 22,829 shares during the last quarter. Institutional investors own 92.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on GM. Barclays lowered their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Piper Sandler reissued an “overweight” rating and set a $102.00 target price on shares of General Motors in a research note on Wednesday, April 29th. Mizuho lowered their target price on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Jefferies Financial Group lifted their target price on shares of General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada lowered their target price on shares of General Motors from $96.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $94.65.

More General Motors News

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

• Positive Sentiment: GM plans to increase production of the Chevrolet Trax in June, which suggests stronger demand and could support near-term sales volumes. GM Planning To Increase Chevy Trax Production In June
• Positive Sentiment: GM is being highlighted as a strong value stock, which may help investor sentiment by reinforcing the company’s valuation appeal. Here’s Why General Motors (GM) is a Strong Value Stock
• Positive Sentiment: GM is expanding U.S. investment in key products, which investors may see as a lower-risk growth move than prior EV spending. GM Is Cranking Up U.S. Investments Again. This Time, It’s Great News.
• Neutral Sentiment: GM is moving assembly of the Chevrolet Groove and Aveo from China to Mexico, a supply-chain shift that could improve flexibility and reduce geopolitical risk, but its financial impact is still unclear. GM will move assembly of its Groove and Aveo models from China to Mexico
• Neutral Sentiment: GM received multiple supplier-related headlines after naming HARMAN, Dolby, and Lear as Supplier of the Year winners, which reflects strong vendor relationships but is not likely to move GM shares directly. HARMAN Named 2025 Supplier of the Year by General Motors
• Negative Sentiment: GM issued a do-not-drive recall tied to a sudden wheel lock-up risk, which can weigh on the stock because recalls raise warranty costs and safety concerns. GM Issues Urgent Do-Not-Drive Recall Over Sudden Wheel Lock-Up Risk

General Motors Trading Up 1.5%

NYSE:GM opened at $77.28 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $69.68 billion, a price-to-earnings ratio of 31.16, a PEG ratio of 0.38 and a beta of 1.29. The firm has a fifty day simple moving average of $75.96 and a two-hundred day simple moving average of $77.59. General Motors Company has a 12 month low of $46.81 and a 12 month high of $87.62.

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

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, June 5th. General Motors’s dividend payout ratio (DPR) is presently 29.03%.

General Motors declared that its Board of Directors has initiated a share repurchase plan on Tuesday, January 27th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the auto manufacturer to repurchase up to 8.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

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.