Goelzer Investment Management 13F: New $1.1M Stake in GM

Goelzer Investment Management has taken a new position in General Motors Company (NYSE: GM), acquiring 14,282 shares valued at approximately $1,099,731, as disclosed in a filing on October 16, 2026. This marks a significant move for the firm, which did not hold any shares in GM prior to this investment.

What Changed in Goelzer Investment Management's GM Position

Goelzer Investment Management opened a new position with 14,282 shares of General Motors. This entry into GM represents the firm’s first stake in the company and shows a fresh commitment to the automotive sector.

Other Institutional Activity in GM

Other investors have also been active with their positions in General Motors. For instance, BlackRock Inc. reduced its holdings by 5,347,917 shares, bringing its total to about 77,309,218 shares valued at approximately $6.49 billion. Vanguard Capital Management LLC added 152,726 shares, resulting in a total of 58,893,656 shares worth about $4.94 billion. State Street Corporation's stake decreased slightly by 71,220 shares, and it now holds 44,441,119 shares valued at around $3.73 billion.

General Motors Company Stock Up 0.7%

As of October 16, 2026, GM shares are trading at about $83.62, which is below the 50-day moving average of $84.41 by about 0.9%. The stock is also below its 52-week high of $91.85, which is a drop of around 9%. However, GM is trading above its 52-week low of $57.55, reflecting a gain of about 45.3% since then.

Recent Earnings

General Motors reported trailing twelve-month revenue of approximately $185.53 billion and an earnings per share (EPS) of $2.23. The company has a net margin of 1.1% and return on equity (ROE) of 3.2%. The next earnings report is scheduled for October 20, 2026.

Insider Buying and Selling at General Motors Company

In recent trades, several insiders at General Motors sold shares. CEO Mary Teresa Barra sold 422,809 shares on July 28, 2026, totaling approximately $37.69 million. Additionally, President Mark L. Reuss sold 71,079 shares for about $6.39 million on the same day. Other executives also made sales, indicating active management within the company's leadership.

Analysts Set New Price Targets

Several research firms have maintained positive ratings for General Motors recently. On October 6, 2026, Goldman Sachs maintained a 'Buy' rating with a price target of $112, up from $103. UBS also maintained its 'Buy' rating with targets of $114 on September 14, then adjusted to $112 on October 7. The consensus among analysts is a 'Buy' rating with an average price target of $104.17, based on 23 opinions.

About General Motors Company

General Motors Company designs, builds, and sells a wide range of vehicles including trucks, cars, and crossovers. It operates through various segments and markets its offerings mainly under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brands. This new investment by Goelzer Investment Management signals confidence in GM’s strategic direction as the automotive landscape continues to evolve.

Bottom Line

With Goelzer Investment Management’s new position in General Motors, market watchers will be keen to see how this plays out, especially with the company’s next earnings report approaching on October 20, 2026. This filing reflects ownership as of the quarter ending prior to this date and may not represent the investor's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.