Kestra Private Wealth Services LLC Sells 18,990 Shares of General Motors Company $GM

Key Points

• Kestra Private Wealth cut its stake in General Motors by 72.5%, selling 18,990 shares and leaving 7,202 shares worth about $586,000 at quarter-end.
• GM reported a quarterly EPS of $3.70, beating estimates by $1.09, set FY2026 guidance of 10.620–12.620 EPS, and analysts forecast roughly 12.73 EPS for the current fiscal year.
• Management authorized a $6.0 billion share repurchase program (up to ~8.1% of shares) and declared a quarterly dividend of $0.18 ($0.72 annualized), while analysts' consensus rating is a "Moderate Buy" with a price target of about $94.65.

Kestra Private Wealth Services LLC reduced its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 72.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,202 shares of the auto manufacturer's stock after selling 18,990 shares during the period. Kestra Private Wealth Services LLC's holdings in General Motors were worth $586,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its holdings in shares of General Motors by 20.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 235,793 shares of the auto manufacturer's stock worth $13,502,000 after acquiring an additional 39,650 shares during the period. M&T Bank Corp grew its holdings in shares of General Motors by 82.0% during 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 period. Vanguard Personalized Indexing Management LLC boosted its position in shares of General Motors by 7.9% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 194,869 shares of the auto manufacturer's stock worth $11,882,000 after purchasing an additional 14,209 shares in the last quarter. Legacy Capital Group California Inc. boosted its position in shares of General Motors by 206.4% in the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer's stock worth $1,708,000 after purchasing an additional 14,150 shares in the last quarter. Finally, Perbak Capital Partners LLP boosted its position in shares of General Motors by 94.1% in the 3rd quarter. Perbak Capital Partners LLP now owns 47,086 shares of the auto manufacturer's stock worth $2,871,000 after purchasing an additional 22,829 shares in the last quarter. 92.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wolfe Research raised 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 dropped their price target on General Motors from $96.00 to $95.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price target on General Motors from $85.00 to $100.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 21st. HSBC boosted their price target on General Motors from $48.00 to $75.00 and gave the stock a "hold" rating in a research report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft raised General Motors from a "hold" rating to a "buy" rating and boosted their price target for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $94.65.

General Motors Stock Performance

GM stock opened at $75.67 on Tuesday. The stock has a market capitalization of $68.23 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 0.39 and a beta of 1.29. General Motors Company has a 12-month low of $44.84 and a 12-month high of $87.62. 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's 50 day simple moving average is $76.50 and its 200 day simple moving average is $76.58.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last released its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $1.09. The business had revenue of $43.62 billion for 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 firm's quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, research analysts forecast that General Motors Company will post 12.73 earnings per share for the current fiscal year.

General Motors Dividend Announcement

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

General Motors declared that its board has initiated a stock repurchase plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the auto manufacturer to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

General Motors News Roundup

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

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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