Commonwealth Equity Services LLC reduced its position in General Motors by 7.4% in the third quarter, selling 17,012 shares to end the period with 213,742 shares valued at approximately $13.0 million. Several other institutional investors also moved stakes: Brighton Jones LLC increased its holding by 456.1% in Q4 to 38,717 shares worth $2.06 million; Integrity Alliance LLC initiated a new position valued at $409,000 in Q1; Focus Partners Wealth added 43,527 shares in Q1 for a 39.1% gain, bringing its total to 154,848 shares worth $7.28 million; Geneos Wealth Management grew its stake by 26.3% to 6,849 shares; and Voya Investment Management lifted its holdings by 2.3% to 519,808 shares valued at $24.45 million. Hedge funds and institutional investors now own 92.67% of the company’s stock.

On October 21, General Motors reported quarterly adjusted earnings of $2.80 per share, exceeding analyst consensus by $0.48, on revenues of $48.59 billion versus expectations of $44.60 billion. The company’s net margin stood at 1.62%, with a return on equity of 12.29%, while year-over-year revenue declined 0.3%. Management set full-year 2025 earnings guidance at a range of $9.75 to $10.50 per share, and analysts project $11.44 per share for the current year.

GM announced a $7.1 billion fourth-quarter impairment, including roughly $6.0 billion in writedowns tied to electric-vehicle assets and investments, prompted by policy shifts and softer U.S. EV demand. The company warned that further EV-related costs could extend into 2026 as it renegotiates supplier contracts and adjusts production capacity. In conjunction with these provisions, GM will cut more than 1,000 jobs across two assembly plants, underscoring near-term operational challenges in its EV transition.

In recent weeks, Piper Sandler upgraded its rating to overweight with a $98 target, Goldman Sachs raised its target to $93, and Morgan Stanley moved to overweight with a $90 target. Evercore ISI and other firms have also lifted price objectives, contributing to a consensus moderate buy rating based on data from MarketBeat. Insider activity has been notable: President Mark Reuss sold 260,600 shares on October 22 at an average of $66.45, reducing his position by 72.7%, while CAO Christopher Hatto sold 7,724 shares on November 12 at an average of $72.00, cutting his holdings by 39.2%. Over the past three months, insiders have sold a total of 284,021 shares valued at $19.0 million.