Corient Private Wealth LLC Increases Stake in General Motors Company $GM

Key Points

• Corient Private Wealth LLC increased its GM stake by 14.4% in the fourth quarter, buying 46,218 additional shares and bringing its total holding to 367,378 shares worth about $29.9 million.
• Institutional ownership remains very high, with hedge funds and other investors controlling 92.67% of General Motors stock, and several other funds also boosted their positions recently.
• GM reported solid quarterly results and maintained a dividend, posting EPS of $3.70 versus $2.61 expected and revenue of $43.62 billion, while paying a quarterly dividend of $0.18 per share.

Corient Private Wealth LLC grew its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 14.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 367,378 shares of the auto manufacturer's stock after buying an additional 46,218 shares during the period. Corient Private Wealth LLC's holdings in General Motors were worth $29,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Cibc World Market Inc. grew its holdings in General Motors by 57.2% during the 4th quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer's stock valued at $16,318,000 after buying an additional 72,984 shares in the last quarter. M&T Bank Corp increased its stake in General Motors by 82.0% in the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer's stock worth $5,860,000 after acquiring an additional 32,474 shares during the last quarter. Legacy Capital Group California Inc. raised its holdings in shares of General Motors by 206.4% during the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer's stock worth $1,708,000 after acquiring an additional 14,150 shares in the last quarter. Perbak Capital Partners LLP boosted its position in shares of General Motors by 94.1% during the 3rd quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer's stock valued at $2,871,000 after acquiring an additional 22,829 shares during the last quarter. Finally, Leonteq Securities AG bought a new position in shares of General Motors during the 4th quarter valued at approximately $17,753,000. Hedge funds and other institutional investors own 92.67% of the company's stock.

General Motors Stock Performance

NYSE GM opened at $79.45 on Monday. The business's 50 day moving average price is $79.17 and its 200-day moving average price is $79.26. General Motors Company has a fifty-two week low of $47.63 and a fifty-two week high of $87.62. The company has a market cap of $71.64 billion, a P/E ratio of 32.04, a P/E/G 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 (NYSE:GM - Get Free Report) TSE: GMM.U last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.61 by $1.09. The company had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.General Motors's revenue was down .9% on a year-over-year basis. During the same period last year, the company earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts predict that General Motors Company will post 12.85 earnings per share for the current 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 issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, June 5th. General Motors's dividend payout ratio (DPR) is 29.03%.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM Defense announced a collaboration with Lockheed Martin to support U.S. defense manufacturing, a potentially strategic business win that could diversify GM’s industrial footprint and improve investor sentiment. GM Defense, Lockheed Martin to collaborate on US defense manufacturing
• Positive Sentiment: GM also highlighted a software update enabling certain U.S. EV owners to send power back to the electric grid, expanding its vehicle-to-home energy capabilities and reinforcing its EV technology narrative. General Motors (GM) Shares Key Software Update to Enable Power Transmition
• Neutral Sentiment: Recent coverage noted GM’s CEO Mary Barra sold 99,239 shares under a pre-arranged 10b5-1 plan; this is routine insider activity, but it can still create mild investor caution. General Motors NYSE: GM CEO Mary Barra Sells 99,239 Shares of Stock
• Neutral Sentiment: There was also attention on GM’s pickup demand shifting faster than expected and a possible Silverado 1500 production change at Oshawa, which suggests product-mix and manufacturing adjustments rather than a clear near-term earnings impact. GM Says Buyers Are Moving Away From Pickups Faster Than Expected GM Reportedly Ending Chevy Silverado 1500 Production At Oshawa Plant
• Negative Sentiment: A GMC dealer lawsuit alleging allocation practices are hurting its business could raise relationship and reputational concerns if it escalates. GMC Dealer Sues GM, Claims Vehicle Allocation Strategy Is Driving It Out Of Business
• Negative Sentiment: Another lawsuit seeking $15 million against GMC adds to legal overhang and may contribute to downside sentiment for GM shares. GMC sued for $15 million by longtime ally as allegations get raised
• Negative Sentiment: Coverage of factory tension at GM’s Factory Zero, including cobot deployment alongside layoffs, may reinforce investor worries about labor friction and restructuring costs. GM, UAW face sudden high-stakes factory rift

Insider Transactions at General Motors

In related news, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $85.00, for a total value of $586,075.00. Following the sale, the chief accounting officer directly owned 25,794 shares of the company's stock, valued at $2,192,490. This represents a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the sale, the executive vice president directly owned 37,395 shares in the company, valued at $3,177,453.15. This trade represents a 19.61% 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. In the last quarter, insiders sold 697,388 shares of company stock worth $57,752,596. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. 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 research report on Wednesday, March 25th. Royal Bank Of Canada reiterated an "outperform" rating and set a $95.00 price objective on shares of General Motors in a research report on Friday, June 12th. TD Cowen lifted their price objective on shares of General Motors from $122.00 to $126.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. Mizuho reduced their target price on shares of General Motors from $105.00 to $100.00 and set an "outperform" rating on the stock in a report on Wednesday, April 29th. Finally, Bank of America began coverage on shares of General Motors in a research report on Wednesday, March 4th. They set a "buy" rating and a $105.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.65.

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.

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