Picton Mahoney Asset Management Purchases 15,161 Shares of General Motors Company $GM

Key Points

• Picton Mahoney Asset Management boosted its position in General Motors by 15,161 shares in Q3 — a 63,170.8% increase to 15,185 shares valued at roughly $924,000, according to its most recent 13F filing.
• GM has moved to return capital and signal confidence by authorizing a $6.00 billion buyback, raising the quarterly dividend to $0.18, and reporting a Q earnings beat (EPS $2.51) while setting FY2026 guidance of 9.75–10.50 EPS.
• Market sentiment is mixed: analysts have raised price targets and GM has positive catalysts (CarBravo used‑car push, a GM Defense Army contract), but the company faces material risks including a large consolidated lawsuit over alleged V8 engine seizures and the termination of its hydrogen JV with Honda.

Picton Mahoney Asset Management lifted its position in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 63,170.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,185 shares of the auto manufacturer's stock after purchasing an additional 15,161 shares during the period. Picton Mahoney Asset Management's holdings in General Motors were worth $924,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. CWM LLC increased its holdings in General Motors by 50.8% in the third quarter. CWM LLC now owns 340,858 shares of the auto manufacturer's stock valued at $20,782,000 after purchasing an additional 114,756 shares during the period. Corient Private Wealth LLC lifted its holdings in General Motors by 6.2% during the 2nd quarter. Corient Private Wealth LLC now owns 341,426 shares of the auto manufacturer's stock worth $16,802,000 after buying an additional 20,017 shares during the period. SteelPeak Wealth LLC acquired a new position in General Motors during the 3rd quarter worth about $3,411,000. Burney Co. grew its position in shares of General Motors by 18.7% in the 3rd quarter. Burney Co. now owns 82,037 shares of the auto manufacturer's stock valued at $5,002,000 after buying an additional 12,913 shares during the last quarter. Finally, Permanent Capital Management LP acquired a new stake in shares of General Motors in the third quarter valued at about $1,102,000. Institutional investors own 92.67% of the company's stock.

General Motors News Summary

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

• Positive Sentiment: Bank of America names GM a top auto pick for 2026, highlighting pickup demand and regulatory tailwinds that could boost margins and shareholder returns. GM and Ford: Bank of America Names 2 Top Auto Stocks to Buy for 2026
• Positive Sentiment: GM is consolidating and expanding its certified pre-owned (CPO) business onto the CarBravo platform (open to non‑GM cars), aiming to grow used-car margins and dealer revenues — a clearer, higher-margin recurring revenue stream. GM CarBravo Shift Links Used Car Strategy With Undervalued Stock Story
• Positive Sentiment: GM Defense won an Army contract for infantry squad vehicles and safety kits, adding aftermarket and defense revenue that diversifies cash flow beyond consumer vehicle sales. GM Defense Secures Army Contract for Infantry Squad Vehicles, Safety Kits
• Neutral Sentiment: Coverage pieces note GM has outpaced the Nasdaq over the past year and recently beat short-term market moves, underscoring improving investor sentiment but also setting higher expectations. Is General Motors Company Stock Outperforming the Nasdaq?
• Neutral Sentiment: Analyst and market commentary emphasize pickup demand in 2026 (a sector tailwind for GM), but note execution and product cycles will determine how much GM benefits. 2026 could be a big year for Ford and GM pickup truck buyers, owners
• Negative Sentiment: GM faces a large consolidated lawsuit and tens of thousands of consumer complaints alleging sudden V8 engine seizure — a material legal and reputational risk that could lead to settlements, recalls or higher warranty provisions. GM Faces Massive Lawsuit After Tens Of Thousands Of Complaints Over Its V8
• Negative Sentiment: GM and Honda are ending their Michigan hydrogen joint venture, signaling setbacks in alternative-fuel diversification and forcing GM to reallocate R&D and capex plans. The hydrogen divorce: Why Honda and GM are killing their Michigan joint venture

General Motors Trading Down 1.4%

Shares of GM stock opened at $75.12 on Friday. General Motors Company has a 52-week low of $41.60 and a 52-week high of $87.62. 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 company has a 50-day simple moving average of $81.50 and a two-hundred day simple moving average of $71.62. The company has a market capitalization of $67.91 billion, a price-to-earnings ratio of 24.96, a PEG ratio of 0.41 and a beta of 1.37.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last announced 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. The firm had revenue of $45.29 billion for the quarter, compared to the consensus estimate of $45.81 billion. General Motors had a return on equity of 14.72% and a net margin of 1.46%.The company's revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.92 EPS. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. Research analysts anticipate that General Motors Company will post 11.44 EPS for the current fiscal year.

General Motors declared that its board has authorized a stock buyback plan on Tuesday, January 27th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the auto manufacturer to reacquire up to 8.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

General Motors Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be paid a $0.18 dividend. This is a boost from General Motors's previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 6th. This represents a $0.72 dividend on an annualized basis and a yield of 1.0%. General Motors's dividend payout ratio is currently 19.93%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on GM shares. Weiss Ratings reiterated a "hold (c)" rating on shares of General Motors in a report on Thursday, January 22nd. Barclays set a $110.00 target price on General Motors in a research report on Wednesday, January 28th. JPMorgan Chase & Co. lifted 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. Benchmark increased their price target on General Motors from $65.00 to $90.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Finally, UBS Group lifted their price objective on shares of General Motors from $97.00 to $102.00 and gave the company a "buy" rating in a research note on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $91.39.

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.

Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM - Free Report) TSE: GMM.U.

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.