Robeco Institutional Asset Management B.V. has decreased its holdings in General Motors Company (NYSE: GM) by 6.8% during the third quarter of 2023. The institutional investor reported selling 84,909 shares, bringing its total ownership to 1,169,267 shares. According to the company’s recent Form 13F filing with the U.S. Securities and Exchange Commission (SEC), Robeco’s stake in General Motors is valued at approximately $71.29 million.
Several other institutional investors have also recently adjusted their positions in General Motors. Trust Co. of Toledo NA (Ohio) acquired a new stake valued at $25,000 in the second quarter. GFG Capital LLC invested $27,000 in General Motors during the same period, while RMG Wealth Management LLC purchased shares valued at $32,000. Additionally, Armstrong Advisory Group Inc. increased its position by 94.6%, now holding 545 shares valued at $33,000 after acquiring an additional 265 shares. Twin Peaks Wealth Advisors LLC also entered a new position worth about $38,000.
Market Sentiment Surrounding General Motors
Institutional investors currently hold approximately 92.67% of General Motors’ stock, reflecting strong interest in the auto manufacturer. Recent market reports reveal a mix of positive and negative sentiments impacting the company’s outlook.
On the positive side, General Motors led U.S. auto sales in 2025, with full-year deliveries rising by approximately 5.5%. This performance bolsters the company’s revenue scale and market share, supporting its margin and cash-flow outlook. Additionally, GM’s OnStar service achieved a new global subscription milestone, which is expected to enhance recurring revenue and diversify earnings beyond vehicle sales.
Analysts have also highlighted GM’s potential as a momentum and value candidate, attracting both value investors and technical buyers. However, there are concerns about potential headwinds for U.S. auto demand in 2026, particularly as consumers respond to rising prices.
Challenges and Analyst Perspectives
Despite some positive developments, General Motors faces significant challenges. The company’s U.S. deliveries fell by approximately 7% in the fourth quarter, and electric vehicle (EV) sales declined sharply, creating short-term demand setbacks. Furthermore, GM announced a nationwide shutdown of the Corvette Z06 due to an explosion hazard as part of a large recall, which could result in increased recall costs and production disruptions.
Reports have surfaced regarding planned job cuts and reductions in factory capacity, including adjustments at the “Factory of the Future.” These moves may aim to control costs but also raise concerns about labor relations and execution risks in the near term.
In terms of stock performance, GM opened at $82.17 on Wednesday, with a market capitalization of $76.65 billion. The company’s quarterly earnings, reported on October 21, 2023, revealed earnings per share (EPS) of $2.80, exceeding analyst estimates of $2.32. Revenue for the quarter reached $48.59 billion, surpassing projections of $44.60 billion.
General Motors also declared a quarterly dividend of $0.15 per share, marking an annualized dividend of $0.60 with a yield of 0.7%. The company’s payout ratio stands at 12.07%.
As General Motors navigates these market dynamics, it remains a pivotal player in the automotive industry, adapting to both challenges and opportunities in a rapidly evolving market landscape.
