Patton Fund Management Inc. Buys 56,312 Shares of General Motors Company $GM

Key Points

• Patton Fund Management increased its stake in General Motors by 1,204.5% in Q4, buying 56,312 shares to hold 60,987 shares worth about $4.96 million.
• General Motors raised its quarterly dividend to $0.18 (annualized $0.72, yield 0.9%) and its board authorized a $6.0 billion share repurchase program covering up to 8.1% of outstanding shares.
• GM reported quarterly EPS of $2.51 (vs. $2.26 est.) with revenue down 5.1% YoY, set FY2026 guidance of 9.75–10.50 EPS, and maintains a consensus rating of "Moderate Buy" with an average price target of $91.50.

Patton Fund Management Inc. raised its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 1,204.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,987 shares of the auto manufacturer's stock after acquiring an additional 56,312 shares during the period. Patton Fund Management Inc.'s holdings in General Motors were worth $4,959,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GM. Brighton Jones LLC raised its stake in shares of General Motors by 456.1% during the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer's stock worth $2,062,000 after purchasing an additional 31,755 shares during the period. Sivia Capital Partners LLC raised its stake in shares of General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer's stock worth $913,000 after purchasing an additional 7,058 shares during the period. Baird Financial Group Inc. raised its stake in shares of General Motors by 4.8% during the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer's stock worth $1,847,000 after purchasing an additional 1,706 shares during the period. Jump Financial LLC raised its stake in shares of General Motors by 45.7% during the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer's stock worth $1,248,000 after purchasing an additional 7,951 shares during the period. Finally, AXA S.A. raised its stake in shares of General Motors by 69.4% during the 2nd quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer's stock worth $3,275,000 after purchasing an additional 27,270 shares during the period. 92.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on GM. Zacks Research cut General Motors from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 27th. TD Cowen restated a "buy" rating on shares of General Motors in a research note on Wednesday, January 28th. Mizuho boosted their price objective on General Motors from $100.00 to $105.00 and gave the company an "outperform" rating in a research note on Wednesday, January 28th. Benchmark boosted their price objective on General Motors from $65.00 to $90.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Finally, Barclays lowered their price objective on General Motors from $110.00 to $105.00 and set an "overweight" rating on the stock in a research note on Monday, March 30th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $91.50.

General Motors Stock Performance

NYSE GM opened at $76.76 on Tuesday. General Motors Company has a 1 year low of $43.11 and a 1 year high of $87.62. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.01. The stock has a market capitalization of $69.39 billion, a PE ratio of 25.50, a P/E/G ratio of 0.41 and a beta of 1.34. The company's 50 day simple moving average is $77.42 and its two-hundred day simple moving average is $74.73.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $45.81 billion. During the same quarter in the previous year, the firm earned $1.92 earnings per share. General Motors's 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. Analysts predict that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors Increases Dividend

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

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

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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