TSG Advice Partners LLC purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,022 shares of the investment management company’s stock, valued at approximately $920,000.
Several other institutional investors have also made changes to their positions in the stock. Sky Investment Group LLC boosted its stake in shares of The Goldman Sachs Group by 0.9% during the 2nd quarter. Sky Investment Group LLC now owns 1,168 shares of the investment management company’s stock valued at $1,181,000 after buying an additional 10 shares during the period. Warren Street Wealth Advisors LLC grew its holdings in shares of The Goldman Sachs Group by 3.9% during the 2nd quarter. Warren Street Wealth Advisors LLC now owns 269 shares of the investment management company’s stock valued at $272,000 after acquiring an additional 10 shares in the last quarter. Meadow Creek Wealth Advisors LLC increased its stake in shares of The Goldman Sachs Group by 1.7% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 673 shares of the investment management company’s stock worth $569,000 after acquiring an additional 11 shares during the last quarter. DecisionMap Wealth Management LLC raised its holdings in shares of The Goldman Sachs Group by 3.2% during the second quarter. DecisionMap Wealth Management LLC now owns 350 shares of the investment management company’s stock worth $354,000 after acquiring an additional 11 shares in the last quarter. Finally, Millstone Evans Group LLC boosted its position in The Goldman Sachs Group by 3.7% during the first quarter. Millstone Evans Group LLC now owns 337 shares of the investment management company’s stock valued at $285,000 after purchasing an additional 12 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have commented on GS. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Zacks Research downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 18th. Freedom Broker raised The Goldman Sachs Group from a “hold” rating to a “buy” rating and cut their price target for the stock from $1,200.00 to $1,100.00 in a research note on Friday, October 23rd. Citigroup restated a “market perform” rating on shares of The Goldman Sachs Group in a report on Wednesday, October 14th. Finally, Royal Bank Of Canada cut their price objective on shares of The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 14th. One 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,052.04.
Get Our Latest Stock Report on GS
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: The SPDR Dow Jones Industrial Average ETF (DIA) added Goldman Sachs as part of a purchase of approximately $130.6 million spread across all 30 holdings. The resulting incremental demand may provide modest technical support for GS. DIA Adds Goldman Sachs and Caterpillar
- Neutral Sentiment: UBS lowered its GS price target from $1,010 to $1,000 while maintaining a “neutral” rating. Although the revised target still implies meaningful upside from the referenced share price, the cut signals limited conviction and may restrain gains. UBS Goldman Sachs rating
- Neutral Sentiment: Goldman reportedly restricted bankers and traders from using certain AI tools, including Anthropic’s Claude Code and Microsoft’s GitHub, limiting access primarily to engineers. The move could reduce compliance and data-security risks, but may also slow productivity gains and broader AI adoption. Goldman Sachs AI-tool restrictions
- Neutral Sentiment: Goldman raised its oil-price forecasts and said Brent crude could reach $140 per barrel if Middle East tensions cause prolonged supply disruptions. Higher volatility could benefit Goldman’s commodities and trading businesses, but geopolitical stress and elevated energy costs pose broader market and economic risks. Goldman oil-price forecast
- Negative Sentiment: Reports highlighted insider selling involving Goldman Sachs, which can weigh on investor sentiment by suggesting that certain insiders are reducing exposure, even though such sales do not necessarily indicate deteriorating fundamentals. Goldman Sachs insider selling
Insiders Place Their Bets
In related news, insider Ericka T. Leslie sold 100 shares of the firm’s stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $926.28, for a total value of $92,628.00. Following the transaction, the insider directly owned 10,460 shares in the company, valued at approximately $9,688,888.80. This trade represents a 0.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO David M. Solomon sold 12,000 shares of The Goldman Sachs Group stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the completion of the transaction, the chief executive officer owned 159,180 shares in the company, valued at $144,968,409.60. This trade represents a 7.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 12,500 shares of company stock valued at $11,380,508 over the last 90 days. 0.55% of the stock is owned by corporate insiders.
The Goldman Sachs Group Stock Up 0.5%
Shares of GS stock opened at $898.77 on Tuesday. The stock’s 50 day simple moving average is $944.80 and its 200 day simple moving average is $957.85. The Goldman Sachs Group, Inc. has a twelve month low of $754.00 and a twelve month high of $1,153.99. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.63 and a current ratio of 1.10. The company has a market capitalization of $261.70 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 0.87 and a beta of 1.29.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.86 by $4.15. The Goldman Sachs Group had a return on equity of 19.55% and a net margin of 15.77%. The firm had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. During the same quarter in the prior year, the business earned $12.25 earnings per share. The company’s revenue was up 23.0% on a year-over-year basis. As a group, research analysts predict that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current year.
The Goldman Sachs Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be paid a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s payout ratio is presently 28.76%.
The Goldman Sachs Group Company Profile
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.
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