Westwind Capital Sells 1,133 Shares of The Goldman Sachs Group, Inc. $GS

Westwind Capital lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 7.8% during the third quarter, Holdings Channel reports. The institutional investor owned 13,438 shares of the investment management company’s stock after selling 1,133 shares during the period. The Goldman Sachs Group comprises about 2.9% of Westwind Capital’s portfolio, making the stock its 9th biggest position. Westwind Capital’s holdings in The Goldman Sachs Group were worth $12,099,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of The Goldman Sachs Group during the 2nd quarter valued at approximately $24,172,123,000. Bank of America Corp DE purchased a new stake in shares of The Goldman Sachs Group in the second quarter valued at $6,756,772,000. Orange County Employees Retirement System acquired a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth about $69,537,544,000. Bank of New York Mellon Corp purchased a new stake in The Goldman Sachs Group in the 2nd quarter worth approximately $2,560,028,000. Finally, Corient Private Wealth LLC increased its stake in The Goldman Sachs Group by 1,657.7% in the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after purchasing an additional 2,448,767 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS traded down $4.95 during trading on Thursday, reaching $882.26. The company had a trading volume of 1,752,280 shares, compared to its average volume of 2,201,808. The Goldman Sachs Group, Inc. has a twelve month low of $740.01 and a twelve month high of $1,153.99. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $256.89 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 0.98 and a beta of 1.29. The firm’s fifty day moving average is $992.83 and its 200 day moving average is $987.89.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The firm had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The firm’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.91 earnings per share. On average, equities analysts forecast that The Goldman Sachs Group, Inc. will post 67.92 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st were paid a dividend of $5.00 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 30.87%.

Wall Street Analysts Forecast Growth

GS has been the topic of a number of research analyst reports. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Weiss Ratings upgraded shares of The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. BMO Capital Markets decreased their price objective on shares of The Goldman Sachs Group from $972.00 to $970.00 and set a “market perform” rating for the company in a report on Tuesday. TD Cowen initiated coverage on The Goldman Sachs Group in a research note on Thursday. They issued a “buy” rating and a $1,050.00 target price for the company. Finally, Oppenheimer cut The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. Eleven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $1,055.09.

The Goldman Sachs Group News Roundup

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: TD Cowen initiated coverage of GS with a Buy rating and a $1,050 price target, implying substantial upside from recent trading levels. The target provides a positive counterpoint to the recent sell-off. TD Cowen coverage
• Positive Sentiment: Goldman analysts maintained a Buy rating on Sunrun while lowering their price target to $11 from $13, indicating continued confidence in the solar company’s potential and highlighting Goldman’s ongoing research and advisory activity. Goldman Sachs Sunrun target
• Neutral Sentiment: Wall Street projections for the September 2026 quarter are drawing attention to Goldman’s revenue, trading, investment-banking and efficiency metrics ahead of earnings. The reports do not provide a clear earnings surprise signal but could increase volatility around the results. Goldman Sachs Q3 projections
• Neutral Sentiment: Goldman is reportedly preparing more than $500 million in special equity awards for CEO David Solomon and other senior executives under a five-year performance plan. The awards recognize outperformance but may raise investor concerns about dilution and compensation costs. Goldman executive bonuses
• Negative Sentiment: Higher bond yields have contributed to a broad sell-off in Goldman and other financial stocks, while UBS has reportedly lowered its expectations for GS’s price. Goldman stock and bond yields
• Negative Sentiment: Citi has overtaken Goldman in global IPO underwriting rankings after winning several marquee listings, raising concerns about Goldman’s competitive position and future equity-capital-markets fees. Goldman IPO underwriting rankings
• Negative Sentiment: Goldman said its systems and client assets were not affected by an EY data breach, but its wealth-management business was involved, creating reputational and client-confidence risks. Goldman client data exposure

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.