Oppenheimer & Co. Inc. increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,941 shares of the investment management company’s stock after purchasing an additional 2,838 shares during the period. The Goldman Sachs Group makes up 0.6% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 25th biggest position. Oppenheimer & Co. Inc.’s holdings in The Goldman Sachs Group were worth $55,769,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Turim 21 Investimentos Ltda. bought a new stake in The Goldman Sachs Group in the 1st quarter valued at $25,000. Strive Financial Group LLC increased its holdings in The Goldman Sachs Group by 316.7% during the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after purchasing an additional 19 shares in the last quarter. BOK Financial Private Wealth Inc. increased its holdings in The Goldman Sachs Group by 188.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock worth $26,000 after purchasing an additional 17 shares in the last quarter. Cherry Tree Wealth Management LLC increased its holdings in The Goldman Sachs Group by 100.0% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. Finally, Clearstead Trust LLC acquired a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at about $33,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. TD Cowen began coverage on The Goldman Sachs Group in a report on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 price target on the stock. Jefferies Financial Group set a $1,299.00 target price on The Goldman Sachs Group in a research report on Wednesday, July 15th. Loop Capital set a $1,050.00 target price on The Goldman Sachs Group in a research report on Thursday, October 8th. Keefe, Bruyette & Woods cut their target price on The Goldman Sachs Group from $1,130.00 to $1,100.00 and set a “market perform” rating on the stock in a research note on Wednesday, October 14th. Finally, Freedom Broker raised The Goldman Sachs Group from a “hold” rating to a “buy” rating and reduced their price target for the stock from $1,200.00 to $1,100.00 in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $1,049.52.
View Our Latest Report on The Goldman Sachs Group
The Goldman Sachs Group Trading Up 2.0%
Shares of NYSE:GS opened at $893.17 on Tuesday. The company’s 50-day moving average price is $959.71 and its two-hundred day moving average price is $958.88. The Goldman Sachs Group, Inc. has a one year low of $754.00 and a one year high of $1,153.99. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.10 and a quick ratio of 0.63. The stock has a market capitalization of $260.07 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 0.83 and a beta of 1.29.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its quarterly earnings data 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 company had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. The Goldman Sachs Group had a return on equity of 19.55% and a net margin of 15.77%. The Goldman Sachs Group’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter last year, the company earned $12.25 EPS. On average, equities analysts forecast that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current fiscal year.
The Goldman Sachs Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Wednesday, December 2nd will be given a dividend of $5.00 per share. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $20.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is 28.76%.
Insiders Place Their Bets
In other The Goldman Sachs Group news, insider Ericka Leslie sold 250 shares of the firm’s stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $890.25, for a total value of $222,562.50. Following the completion of the transaction, the insider directly owned 10,710 shares in the company, valued at $9,534,577.50. This trade represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.55% of the stock is currently owned by corporate insiders.
The Goldman Sachs Group News Summary
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs and Morgan Stanley will lead the planned initial public offering of Anthropic, giving Goldman a potentially significant underwriting and advisory opportunity as investor interest in AI remains high. Coveted Roles in Anthropic’s Upcoming IPO Lift Goldman Sachs, Morgan Stanley
- Positive Sentiment: Analyst commentary highlights Goldman’s stronger investment-banking growth, trading momentum, solid third-quarter results and lower valuation relative to Morgan Stanley. Another research note cited potential upside of 21.6% and described GS as a buy based on earnings and valuation. Goldman or Morgan Stanley: Which Stock Is Better Bet Post Q3 Results? Buy GS and C on Solid Q3 Earnings, Attractive Valuation and Upside
- Positive Sentiment: Goldman led North American M&A advisers by transaction value, advising on approximately $510.5 billion of deals through the first three quarters of 2026, supporting its fee-generating investment-banking franchise. Goldman Sachs and Houlihan Lokey lead North American M&A financial advisers
- Positive Sentiment: Freedom Broker upgraded Goldman’s stock rating, while 35 ETFs reportedly added GS holdings, providing additional supportive sentiment and potential demand. Goldman Sachs Stock Rating Upgraded
- Neutral Sentiment: Goldman launched a Small Business AI Institute with a commitment of up to $500 million and support from Anthropic, Google, Meta and OpenAI. The initiative could deepen client relationships and create long-term growth, but also represents a substantial investment. What Does Goldman Sachs Gain From Its Small Business AI Push?
- Negative Sentiment: Goldman strategist warnings that AI’s economic boost may be nearing its peak, along with a sharp reduction in the firm’s KOSPI target amid AI valuation and volatility concerns, could weigh on risk appetite and raise questions about the sustainability of AI-related activity. AI’s boost to the U.S. economy is nearing its peak
- Negative Sentiment: Insider Ericka Leslie sold 250 GS shares for approximately $222,563, reducing her holdings by 2.28%. The relatively small transaction is unlikely to materially change Goldman’s fundamentals but may be viewed as a modest cautionary signal.
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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