Cadillac finance institutional investors increased

Institutional investors increased positions in Cadillac Finance by 4% in April, indicating sustained interest. With the Fed hinting at rate cuts, the company’s core lending margins could improve, amplifying stock price appreciation potential. "We have the best lineup of ICE and EV vehicles we've ever had, and our brands have grown market share with consistently strong pricing, low incentives and inventory," GM senior vice president and president of North America Duncan Aldred said in a statement. GM invests heavily in motorsports with NASCAR, IndyCar, and IMSA sports car racing, just to name a few, but its F1 effort could be the most expensive. Sell-side forecasts for Cadillac Finance point to 15% revenue growth in FY2024, estimating quarterly EPS at $0.