Glenview Trust Co raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,186 shares of the investment management company’s stock after purchasing an additional 1,132 shares during the period. The Goldman Sachs Group accounts for 1.2% of Glenview Trust Co’s portfolio, making the stock its 22nd largest holding. Glenview Trust Co’s holdings in The Goldman Sachs Group were worth $91,104,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in The Goldman Sachs Group in the 2nd quarter worth $24,172,123,000. Bank of America Corp DE acquired a new position in The Goldman Sachs Group during the 2nd quarter worth $6,756,772,000. Orange County Employees Retirement System acquired a new position in The Goldman Sachs Group during the 2nd quarter worth $69,537,544,000. Bank of New York Mellon Corp bought a new stake in The Goldman Sachs Group during the second quarter valued at about $2,560,028,000. Finally, International Assets Investment Management LLC bought a new stake in The Goldman Sachs Group during the first quarter valued at about $2,024,921,000. Institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group News Roundup
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
The Goldman Sachs Group Price Performance
NYSE:GS opened at $892.49 on Friday. The stock has a market cap of $259.87 billion, a P/E ratio of 12.83, a PEG ratio of 0.88 and a beta of 1.29. 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 fifty day moving average price of $947.65 and a 200 day moving average price of $958.04. 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 Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.86 by $4.15. The company had revenue of $18.68 billion for the quarter, compared to analyst estimates of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. During the same period last year, the business posted $12.25 EPS. The business’s quarterly revenue was up 23.0% on a year-over-year basis. Analysts anticipate that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current year.
The Goldman Sachs Group Announces Dividend
The company also recently announced 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 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 28.76%.
Wall Street Analyst Weigh In
GS has been the topic of several research analyst reports. Bank of America raised their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Citigroup reissued a “market perform” rating on shares of The Goldman Sachs Group in a research report on Wednesday, October 14th. Wells Fargo & Company decreased their target price on The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating for the company in a research note on Friday, September 25th. Freedom Broker upgraded The Goldman Sachs Group from a “hold” rating to a “buy” rating and decreased their target price for the company from $1,200.00 to $1,100.00 in a research note on Friday, October 23rd. Finally, Keefe, Bruyette & Woods lowered 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 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 given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $1,049.52.
Check Out Our Latest Analysis on The Goldman Sachs Group
Insider Activity
In other The Goldman Sachs Group news, insider Ericka T. 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 sale, the insider owned 10,710 shares in the company, valued at approximately $9,534,577.50. This trade represents a 2.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David M. Solomon sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total value of $10,928,640.00. Following the completion of the sale, the chief executive officer owned 159,180 shares of the company’s stock, valued at $144,968,409.60. This represents a 7.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 12,500 shares of company stock worth $11,380,508 over the last 90 days. Corporate insiders own 0.55% of the company’s stock.
The Goldman Sachs Group 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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