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Vinva Investment Management Ltd Purchases 361,689 Shares of General Motors Company $GM

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Key Points

  • Vinva Investment Management Ltd boosted its GM stake by 580.8%, buying 361,689 shares to own 423,968 shares valued at about $25.91 million at the end of the quarter.
  • General Motors beat quarterly EPS at $2.51 vs. $2.26 consensus while revenue fell slightly to $45.29 billion; it set FY2026 guidance of 9.75–10.50 EPS and carries a consensus "Moderate Buy" with an average price target of $91.39.
  • The board approved a $6.0 billion share repurchase (up to 8.1% of shares) and raised the quarterly dividend to $0.18 ($0.72 annualized, ~1.0% yield).
  • MarketBeat previews the top five stocks to own by May 1st.

Vinva Investment Management Ltd increased its position in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 580.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 423,968 shares of the auto manufacturer's stock after buying an additional 361,689 shares during the period. Vinva Investment Management Ltd's holdings in General Motors were worth $25,913,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hemington Wealth Management raised its holdings in shares of General Motors by 14.5% during the 3rd quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer's stock worth $74,000 after acquiring an additional 154 shares in the last quarter. Fielder Capital Group LLC boosted 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 valued at $313,000 after acquiring an additional 163 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in shares of General Motors by 3.4% in the third quarter. Resonant Capital Advisors LLC now owns 5,222 shares of the auto manufacturer's stock valued at $318,000 after purchasing an additional 171 shares in the last quarter. Unison Advisors LLC increased its position in General Motors by 0.3% in the third quarter. Unison Advisors LLC now owns 68,272 shares of the auto manufacturer's stock worth $4,163,000 after purchasing an additional 196 shares during the last quarter. Finally, Synovus Financial Corp increased its position in General Motors by 0.9% in the third quarter. Synovus Financial Corp now owns 21,203 shares of the auto manufacturer's stock worth $1,293,000 after purchasing an additional 199 shares during the last quarter. 92.67% of the stock is owned by institutional investors.

General Motors Trading Down 1.4%

GM stock opened at $75.12 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. General Motors Company has a twelve month low of $41.60 and a twelve month high of $87.62. The stock has a market capitalization of $67.91 billion, a price-to-earnings ratio of 24.96, a price-to-earnings-growth ratio of 0.41 and a beta of 1.37. The firm's fifty day simple moving average is $81.50 and its two-hundred day simple moving average is $71.72.

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, beating the consensus estimate of $2.26 by $0.25. The business had revenue of $45.29 billion for the quarter, compared to the consensus estimate of $45.81 billion. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The business's revenue for the quarter was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.92 earnings per share. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. As a group, analysts anticipate that General Motors Company will post 11.44 earnings per share for the current year.

General Motors declared that its board has approved a share 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 shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

General Motors Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be given a $0.18 dividend. This is an increase from General Motors's previous quarterly dividend of $0.15. The ex-dividend date of this dividend 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%.

Key General Motors News

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. TD Cowen reaffirmed a "buy" rating on shares of General Motors in a research note on Wednesday, January 28th. Evercore boosted their target price on shares of General Motors from $85.00 to $95.00 and gave the stock an "outperform" rating in a report on Monday, February 2nd. Barclays set a $110.00 target price on shares of General Motors in a research report on Wednesday, January 28th. Mizuho increased their price target on shares of General Motors from $100.00 to $105.00 and gave the company an "outperform" rating in a report on Wednesday, January 28th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of General Motors in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, General Motors has a consensus rating of "Moderate Buy" and an average price target of $91.39.

Get Our Latest Stock Analysis on General Motors

About General Motors

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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