Commonwealth Equity Services LLC reduced its holding in General Motors by 7.4% during the third quarter, selling 17,012 shares to end the period with 213,742 shares. At the time of its most recent SEC filing, the position was valued at approximately $13.0 million. This reduction contributes to a broader trend, as institutional investors collectively own 92.67% of GM stock. Notably, Brighton Jones LLC increased its stake by 456.1% to 38,717 shares in the fourth quarter, Integrity Alliance initiated a $409,000 position in the first quarter, and Voya Investment Management added 11,664 shares, growing its holding to 519,808 shares valued at $24.4 million.

In its Q4 filing, GM announced special charges totaling $7.1 billion, of which roughly $6.0 billion relate to writedowns in its U.S. electric vehicle and battery operations. These impairments reflect a strategic pullback in EV investments following changes to federal tax incentives and softer consumer demand. Management cautioned that additional EV-related costs could extend into 2026 as supplier contracts are renegotiated and production capacity is adjusted, introducing near-term earnings uncertainty.

GM reported third-quarter adjusted EPS of $2.80, outperforming consensus by $0.48, on revenue of $48.6 billion versus expectations of $44.6 billion. Despite a modest 0.3% year-over-year revenue decline, the company achieved a 12.29% return on equity and maintained a net margin of 1.62%. GM set full-year 2025 EPS guidance in the range of 9.75 to 10.50 and analysts forecast 11.44 EPS for the year. The board also declared a quarterly dividend of $0.15 per share, representing an annualized yield of 0.7% and a payout ratio of 12.07%.