The Goldman Sachs Group, Inc. $GS Shares Bought by Summit Global Investments

Summit Global Investments grew its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 96.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,814 shares of the investment management company’s stock after purchasing an additional 892 shares during the quarter. Summit Global Investments’ holdings in The Goldman Sachs Group were worth $1,633,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of GS. Turim 21 Investimentos Ltda. purchased a new stake in shares of The Goldman Sachs Group during the 1st quarter valued at about $25,000. Strive Financial Group LLC lifted its position 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 acquiring an additional 19 shares in the last quarter. BOK Financial Private Wealth Inc. lifted its position 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 acquiring an additional 17 shares in the last quarter. Cherry Tree Wealth Management LLC boosted its holdings in The Goldman Sachs Group by 100.0% in the 3rd quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock worth $27,000 after acquiring an additional 15 shares during the period. Finally, Clearstead Trust LLC purchased a new position in The Goldman Sachs Group in the 2nd quarter worth approximately $33,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on GS shares. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. HSBC boosted their target price on shares of The Goldman Sachs Group from $995.00 to $1,007.00 and gave the stock a “hold” rating in a research report on Monday, September 28th. TD Cowen began coverage on shares of The Goldman Sachs Group in a research note on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 target price for the company. Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Finally, UBS Group set a $942.00 price target on shares of The Goldman Sachs Group in a research note on Monday, October 26th. One 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 stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $1,049.52.

The Goldman Sachs Group Trading Down 0.2%

Shares of GS opened at $892.49 on Monday. The company has a market capitalization of $259.87 billion, a P/E ratio of 12.83, a P/E/G ratio of 0.84 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 debt-to-equity ratio of 2.82, a quick ratio of 0.63 and a current ratio of 1.10. The stock has a 50-day moving average price of $947.65 and a 200 day moving average price of $958.04.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, beating 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 analyst estimates of $16.83 billion. During the same quarter last year, the firm earned $12.25 EPS. The Goldman Sachs Group’s quarterly revenue was up 23.0% on a year-over-year basis. Sell-side 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be paid a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is 28.76%.

Insider Activity at The Goldman Sachs Group

In other news, insider Ericka Leslie sold 250 shares of the firm’s stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $890.25, for a total transaction of $222,562.50. Following the completion of the sale, the insider owned 10,710 shares of the company’s stock, valued at approximately $9,534,577.50. This trade represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David 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 transaction of $10,928,640.00. Following the sale, the chief executive officer directly owned 159,180 shares of the company’s stock, valued at $144,968,409.60. The trade was a 7.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 12,500 shares of company stock valued at $11,380,508. Company insiders own 0.55% of the company’s stock.

Key The Goldman Sachs Group News

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.