Intact Investment Management Inc. Has $3.46 Million Stock Position in General Motors Company $GM

Key Points

• Intact Investment Management trimmed its stake in General Motors by 26.4%, selling 15,300 shares and leaving it with 42,600 shares valued at about $3.46 million at quarter-end.
• GM beat quarterly expectations with $3.70 EPS (vs. $2.61 est.) and slight revenue upside, issued FY2026 EPS guidance of 10.620–12.620, and its board approved a $6.0 billion buyback while declaring a $0.18 quarterly dividend.
• Analysts are broadly bullish—MarketBeat shows a consensus rating of "Moderate Buy" with an average price target of $94.65, and multiple firms recently raised their targets and buy ratings.

Intact Investment Management Inc. lessened its position in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 26.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,600 shares of the auto manufacturer's stock after selling 15,300 shares during the period. Intact Investment Management Inc.'s holdings in General Motors were worth $3,464,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of GM. Laurel Wealth Advisors LLC acquired a new position in General Motors in the 4th quarter worth about $25,000. Elevation Wealth Partners LLC increased its holdings in General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer's stock worth $27,000 after purchasing an additional 275 shares in the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in General Motors in the 3rd quarter worth about $29,000. Kelleher Financial Advisors acquired a new position in General Motors in the 3rd quarter worth about $29,000. Finally, Founders Capital Management acquired a new position in General Motors in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 92.67% of the company's stock.

General Motors Trading Down 0.1%

Shares of GM stock opened at $75.67 on Tuesday. The stock has a market cap of $68.23 billion, a price-to-earnings ratio of 30.51, a PEG ratio of 0.39 and a beta of 1.29. The stock has a 50-day moving average of $76.50 and a 200-day moving average of $76.58. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. General Motors Company has a 1-year low of $44.84 and a 1-year high of $87.62.

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 for the quarter, beating the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion during the quarter, compared to analysts' expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business's quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities research analysts forecast that General Motors Company will post 12.73 earnings per share for the current year.

General Motors announced that its Board of Directors has approved a stock repurchase plan on Tuesday, January 27th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the auto manufacturer to reacquire up to 8.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

General Motors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. General Motors's dividend payout ratio is presently 29.03%.

Key General Motors News

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

• Positive Sentiment: BofA raised its price target on GM and kept a Buy rating, which supports investor confidence in the stock’s upside potential. BofA Raises GM Stock Price Target, Keeps Buy Rating
• Positive Sentiment: GM committed $830M to Michigan and Ohio as part of more than $6B in U.S. manufacturing investments to support SUV/truck production — a near-term capex commitment that can boost production capacity and local supply-chain resilience. General Motors Investing $830M in Michigan and Ohio, Part of $6B Commitment in U.S.
• Positive Sentiment: GM is rolling Google’s Gemini AI into ~4 million vehicles (2022+ models), expanding in-car software/UX and recurring-service potential — a material long-term revenue/retention catalyst as vehicles become software platforms. GM to roll out Google Gemini AI to 4M vehicles
• Positive Sentiment: Zacks highlights GM as a strong momentum stock based on style scores, supporting short-term investor interest and technical buying. Here's Why General Motors (GM) is a Strong Momentum Stock
• Neutral Sentiment: GM is balancing new investments in internal-combustion engines and a Cadillac F1 branding push alongside EVs — a strategic mix that may broaden appeal but complicates the pure-EV investment thesis. General Motors Balances Engine Investment And F1 Cadillac With Valuation Upside
• Neutral Sentiment: Product and service updates (fleet electrification tools for business customers, a potential 2028 Camaro with manual, and isolated warranty/engine replacement stories) support brand and fleet demand but are unlikely to move the stock materially on their own. GM Fleet Electrification Analysis Helps Businesses Transition To EVs
• Negative Sentiment: Industry-wide commodity and tariff pressures are a material headwind: Detroit carmakers warn of a $5B commodities shock tied to Middle East conflict, and tariffs/refund uncertainty (Ford projecting tariff-related hits) point to margin risk for GM. These macro pressures help explain intraday weakness. Detroit carmakers warn of $5 billion commodities shock due to Iran war Ford expects $1.3B tariff refund, but supply chain pressure remains

Analysts Set New Price Targets

GM has been the subject of a number of recent research reports. Piper Sandler reaffirmed an "overweight" rating and issued a $102.00 target price on shares of General Motors in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft raised General Motors from a "hold" rating to a "buy" rating and upped their target price for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. TD Cowen upped their target price on General Motors from $122.00 to $126.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. Citigroup upped their target price on General Motors from $105.00 to $108.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. Finally, UBS Group increased their price target on General Motors from $102.00 to $105.00 and gave the company a "buy" rating in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, General Motors currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.65.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.