The Goldman Sachs Group, Inc. $GS Stock Position Cut by Heritage Investors Management Corp

Heritage Investors Management Corp decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,359 shares of the investment management company’s stock after selling 1,862 shares during the quarter. The Goldman Sachs Group accounts for approximately 1.3% of Heritage Investors Management Corp’s holdings, making the stock its 16th largest holding. Heritage Investors Management Corp’s holdings in The Goldman Sachs Group were worth $46,242,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Orange County Employees Retirement System bought a new position in shares of The Goldman Sachs Group during the second quarter worth about $69,537,544,000. BlackRock Inc. acquired a new stake in The Goldman Sachs Group in the 2nd quarter valued at approximately $24,172,123,000. Bank of America Corp DE bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at approximately $6,756,772,000. Bank of New York Mellon Corp bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at approximately $2,560,028,000. Finally, International Assets Investment Management LLC bought a new stake in The Goldman Sachs Group in the 1st quarter valued at approximately $2,024,921,000. 71.21% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Ericka T. Leslie sold 100 shares of the business’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $926.28, for a total transaction of $92,628.00. Following the transaction, the insider directly owned 10,460 shares in the company, valued at $9,688,888.80. The trade was a 0.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO David M. Solomon sold 12,000 shares of the company’s stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the completion of the sale, the chief executive officer directly owned 159,180 shares in the company, valued at approximately $144,968,409.60. The trade was a 7.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 12,500 shares of company stock valued at $11,380,508. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Trading Down 0.2%

NYSE GS opened at $892.49 on Monday. The company has a market cap of $259.87 billion, a PE ratio of 12.83, a PEG ratio of 0.84 and a beta of 1.29. The company has a current ratio of 1.10, a quick ratio of 0.63 and a debt-to-equity ratio of 2.82. The Goldman Sachs Group, Inc. has a 12 month low of $754.00 and a 12 month high of $1,153.99. The stock has a 50 day moving average of $947.65 and a 200-day moving average of $958.04.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, beating the consensus estimate of $12.86 by $4.15. The business had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The firm’s revenue was up 23.0% on a year-over-year basis. During the same period last year, the business earned $12.25 earnings per share. On average, equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be paid a $5.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 28.76%.

Analysts Set New Price Targets

A number of research firms have weighed in on GS. Morgan Stanley set a $1,145.00 price target on The Goldman Sachs Group in a research report on Wednesday, July 15th. Citigroup reiterated a “market perform” rating on shares of The Goldman Sachs Group in a report on Wednesday, October 14th. Barclays boosted their price objective on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Bank of America increased their target price on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Finally, Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average price target of $1,049.52.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs reportedly is negotiating to acquire a controlling stake in South Korea’s Tmap Mobility. The potential transaction could expand the firm’s alternative-investment and technology exposure, although deal terms and financial impact remain uncertain. Goldman Sachs reportedly looking to acquire controlling stake in Tmap Mobility
• Positive Sentiment: Goldman Sachs advised on approximately $34.8 billion of Middle East and Africa M&A transactions during the first three quarters of 2026, supporting the outlook for investment-banking fees as deal activity improves. Goldman Sachs and Rothschild lead MEA M&A financial advisory
• Positive Sentiment: Goldman Sachs continues to receive favorable long-term commentary. Its latest reported quarter significantly exceeded expectations, with EPS of $17.01 and revenue of $18.68 billion, while the dividend remains supported by a relatively modest payout ratio. Why Goldman Sachs is a top stock for the long term
• Neutral Sentiment: Goldman’s research team continues to promote growth themes including artificial intelligence and autonomous transportation. These reports strengthen the firm’s research and advisory profile but have limited direct impact on near-term GS earnings. Autonomous vehicle stocks backed by hedge funds
• Negative Sentiment: Insider Ericka Leslie sold 100 shares at an average price of $926.28 after selling another 150 shares the prior day. CEO David Solomon also reportedly sold 12,000 shares. The transactions are small relative to total ownership and do not establish a fundamental problem, but repeated insider selling can weigh on investor sentiment. Goldman Sachs insider selling

About The Goldman Sachs Group

The Goldman Sachs Group, Inc is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individual investors. Its investment banking activities include advising on mergers and acquisitions, public and private offerings, restructurings and other strategic transactions.

Through its global markets businesses, Goldman Sachs helps clients buy and sell securities and other financial instruments and provides financing, risk management and market-making services.