General Motors Company $GM Shares Acquired by Artemis Investment Management LLP

Key Points

• Artemis Investment Management boosted its General Motors stake by 61.4%, acquiring 740,735 shares to own 1,946,226 shares (about $158.3M), roughly 0.22% of GM and making GM its 8th largest holding at ~1.9% of the Artemis portfolio.
• GM delivered a Q1 beat with $3.70 EPS vs. $2.61 expected and raised FY‑2026 guidance to $10.62–$12.62 EPS, prompting analyst upgrades and positive sentiment around earnings momentum.
• The board authorized a $6 billion share buyback (up to 8.1% of shares) and declared a quarterly dividend of $0.18 (annualized $0.72, ~0.9% yield), underscoring a focus on shareholder returns.

Artemis Investment Management LLP increased its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 61.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,946,226 shares of the auto manufacturer's stock after purchasing an additional 740,735 shares during the quarter. General Motors makes up about 1.9% of Artemis Investment Management LLP's portfolio, making the stock its 8th largest holding. Artemis Investment Management LLP owned about 0.22% of General Motors worth $158,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in GM. Viking Global Investors LP boosted its stake in General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer's stock worth $640,659,000 after acquiring an additional 5,830,050 shares in the last quarter. Two Sigma Investments LP boosted its stake in General Motors by 348.4% during the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer's stock worth $216,393,000 after acquiring an additional 2,757,695 shares in the last quarter. Worldquant Millennium Advisors LLC boosted its stake in General Motors by 436.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer's stock worth $130,826,000 after acquiring an additional 2,163,274 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in General Motors by 164.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,097,019 shares of the auto manufacturer's stock worth $251,850,000 after buying an additional 1,927,752 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in General Motors by 270.3% during the third quarter. Victory Capital Management Inc. now owns 2,594,525 shares of the auto manufacturer's stock worth $158,188,000 after buying an additional 1,893,896 shares during the last quarter. 92.67% of the stock is owned by institutional investors.

General Motors News Summary

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

• Positive Sentiment: Q1 beat and stronger guidance — GM delivered a solid Q1 beat, raised FY guidance and flagged higher EBIT margin expectations, which support earnings momentum and justify recent analyst upgrades. General Motors: Guidance Raise, 10% EBIT Margins, Cheap
• Positive Sentiment: Tariff refund windfall — A Supreme Court ruling has unlocked expected tariff refunds; automakers (including GM) are logging anticipated refunds that improve near-term P&L and cash flow. This helped lift outlook and is a tangible near-term tailwind. Automakers Anticipate $2.3 Billion Payday From Tariff Refunds
• Positive Sentiment: Connected services and AI roll-out — GM is deploying Google Gemini across ~4M vehicles and pushing its connected business (subscriptions/software), a higher-margin recurring revenue stream that analysts say is underappreciated. General Motors adds Google Gemini to 4 million vehicles. Is your car on the list?
• Positive Sentiment: Analyst support after earnings — Banks and research outlets have adjusted targets and views higher after Q1, reinforcing investor confidence in cash returns (buybacks/dividends) and improved guidance. JPMorgan adjusts General Motors stock price target after earnings
• Neutral Sentiment: Large U.S. manufacturing spend — GM boosted U.S. manufacturing spend (~$6B in a year) and earmarked ~$1.4B for gas-engine and parts plants to support current pickup/SUV demand; this preserves high-margin ICE volumes but signals a pragmatic shift vs. pure EV focus. GM just boosted its US manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great
• Neutral Sentiment: Capital allocation into combustion engines — GM is investing in V8/gasoline engine capacity (multiple articles detail $1.3B and other plant investments). This supports near-term profitability but complicates the EV transition narrative. GM earmarks over $1 billion toward gas-engine output in US, Canada
• Negative Sentiment: EV truck strategy uncertainty — Reports conflict with company denials about EV truck plans, creating execution risk for a high-profile product category and clouding long-term EV growth expectations. GM’s EV Truck Future Suddenly Looks Uncertain as Reports Clash With Company Denials
• Negative Sentiment: Macro/geopolitical risks — Management flagged new risks from geopolitical tensions and fuel-price spikes that could pressure supply chains and demand for SUVs/trucks, adding near-term margin uncertainty. Geopolitical Tensions and Fuel Price Spikes Threaten GM’s Supply Chain and High-Margin SUV Business

General Motors Trading Down 1.3%

GM stock opened at $75.91 on Friday. The company has a market capitalization of $68.44 billion, a PE ratio of 30.61, a price-to-earnings-growth ratio of 0.40 and a beta of 1.29. General Motors Company has a one year low of $44.84 and a one year high of $87.62. The company's 50 day moving average price is $76.50 and its two-hundred day moving average price is $76.30. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.01 and a current ratio of 1.15.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last posted its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business's revenue was down .9% compared to the same quarter last year. During the same period last year, the firm posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, analysts predict that General Motors Company will post 12.66 earnings per share for the current fiscal year.

General Motors declared that its Board of Directors has authorized a share buyback program on Tuesday, January 27th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

General Motors Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GM. Morgan Stanley reiterated an "overweight" rating and issued a $100.00 target price on shares of General Motors in a report on Wednesday, January 28th. Zacks Research downgraded shares of General Motors from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 27th. Wolfe Research upgraded shares of General Motors from a "peer perform" rating to an "outperform" rating and set a $96.00 target price for the company in a report on Wednesday, March 25th. 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 report on Wednesday. Finally, JPMorgan Chase & Co. increased their target price 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. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $92.00.

About General Motors

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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