M&T Bank Corp Acquires 32,474 Shares of General Motors Company $GM

Key Points

• M&T Bank Corp increased its stake in General Motors by 82%, adding 32,474 shares to hold 72,062 shares valued at approximately $5.86 million at quarter end.
• GM’s board authorized a $6.0 billion stock buyback (up to about 8.1% of shares) and raised the quarterly dividend to $0.18 ($0.72 annualized), highlighting a push for shareholder returns.
• Analysts skew positive with a MarketBeat consensus of “Moderate Buy” and an average price target of $91.25, amid mixed recent target changes from major firms (Goldman lowered, Citi and JPMorgan raised theirs).

M&T Bank Corp raised its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 82.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,062 shares of the auto manufacturer's stock after purchasing an additional 32,474 shares during the quarter. M&T Bank Corp's holdings in General Motors were worth $5,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of GM. PDS Planning Inc boosted its stake in General Motors by 3.4% in the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer's stock valued at $325,000 after buying an additional 131 shares in the last quarter. Kentucky Trust Co lifted its holdings in shares of General Motors by 5.1% during the fourth quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer's stock valued at $239,000 after acquiring an additional 144 shares during the period. Tiemann Investment Advisors LLC boosted its stake in shares of General Motors by 3.1% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 5,045 shares of the auto manufacturer's stock valued at $308,000 after purchasing an additional 150 shares in the last quarter. Hemington Wealth Management boosted its stake in shares of General Motors by 14.5% in the 3rd quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer's stock valued at $74,000 after purchasing an additional 154 shares in the last quarter. Finally, Fielder Capital Group LLC increased its position in shares of General Motors by 3.3% during the 3rd quarter. Fielder Capital Group LLC now owns 5,131 shares of the auto manufacturer's stock worth $313,000 after purchasing an additional 163 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on GM. The Goldman Sachs Group reduced their price target on shares of General Motors from $104.00 to $91.00 and set a "buy" rating on the stock in a research report on Tuesday, April 14th. Citigroup lifted their target price on shares of General Motors from $86.00 to $98.00 and gave the company a "buy" rating in a research note on Monday, January 12th. JPMorgan Chase & Co. boosted their target price on General Motors from $85.00 to $100.00 and gave the stock an "overweight" rating in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft upgraded General Motors from a "hold" rating to a "buy" rating and increased their price target for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. Finally, Wall Street Zen lowered General Motors from a "buy" rating to a "hold" rating in a research note on Sunday, January 4th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $91.25.

General Motors Stock Down 0.6%

NYSE:GM opened at $78.06 on Friday. The company has a market cap of $70.57 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 0.44 and a beta of 1.34. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.01 and a current ratio of 1.17. The stock's fifty day moving average price is $76.84 and its two-hundred day moving average price is $75.83. General Motors Company has a 52-week low of $44.72 and a 52-week high of $87.62.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last released its earnings results on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.25. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The company had revenue of $45.29 billion during the quarter, compared to the consensus estimate of $45.81 billion. During the same quarter in the previous year, the company posted $1.92 earnings per share. The firm's quarterly revenue was down 5.1% on a year-over-year basis. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, analysts anticipate that General Motors Company will post 12.43 EPS for the current year.

General Motors declared that its Board of Directors has authorized a stock buyback 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 purchase up to 8.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

General Motors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, March 6th. This is a boost from General Motors's previous quarterly dividend of $0.15. General Motors's dividend payout ratio is currently 23.92%.

More General Motors News

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

• Positive Sentiment: Zacks highlights GM as a “strong value stock,” arguing valuation metrics and analyst coverage support upside for value‑oriented investors. Here's Why General Motors (GM) is a Strong Value Stock
• Positive Sentiment: GM reached a renewable energy milestone across U.S. operations, supporting ESG credentials and potentially lowering operating costs over time. GM Reaches Renewable Energy Milestone Across US Operations
• Neutral Sentiment: GM says it still backs its 6.2‑liter V8 recall fix and is directing owners to 10‑year coverage — reassuring for owners but a potential cost overhang. GM Says It Still Backs Its 6.2-Liter V8 Recall Fix and Points Owners to 10-Year Coverage
• Neutral Sentiment: Several analyst pieces and comparison stories (Zacks, Yahoo) examine GM vs. Tesla and Q1 expectations — useful context but not immediate catalysts. Tesla Vs GM: Which is the Best Investment as the Q1 Earnings Season Heats Up?
• Neutral Sentiment: Human‑interest and nonfinancial items (e.g., Rick Hendrick’s purchase of a GM military vehicle) are noise for investors. Why NASCAR legend Rick Hendrick spent $1M on a GM military vehicle
• Negative Sentiment: Reports that CEO Mary Barra and other top execs’ bonuses weren’t reduced due to tariff impacts and coverage of Barra’s ~$29.9M pay package have raised governance scrutiny that could pressure investor sentiment. GM CEO Mary Barra’s $29.9 Million Payday Raises Eyebrows as Executive Pay Climbs Across Detroit
• Negative Sentiment: Coverage says GM is “done with Ultium,” signaling a material setback in its proprietary battery strategy and raising questions about future EV cost competitiveness. General Motors is done with Ultium: Here's why it couldn't be saved
• Negative Sentiment: Multiple outlets report GM halted next‑generation full‑size EV trucks and is refocusing on hybrid pickups — a near‑term margin/complexity play that undermines EV leadership narrative and likely weighs on valuation multiples tied to growth/EV optionality. GM puts next-generation full-size EV trucks and SUVs on ice

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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