The Goldman Sachs Group, Inc. $GS Stock Sold by StoneX Group Inc.

StoneX Group Inc. reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 43.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 818 shares of the investment management company’s stock after selling 637 shares during the quarter. StoneX Group Inc.’s holdings in The Goldman Sachs Group were worth $789,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GS. Sky Investment Group LLC grew its position in The Goldman Sachs Group by 0.9% in the second quarter. Sky Investment Group LLC now owns 1,168 shares of the investment management company’s stock worth $1,181,000 after buying an additional 10 shares during the last quarter. Warren Street Wealth Advisors LLC increased its holdings in shares of The Goldman Sachs Group by 3.9% in the second quarter. Warren Street Wealth Advisors LLC now owns 269 shares of the investment management company’s stock valued at $272,000 after buying an additional 10 shares in the last quarter. DecisionMap Wealth Management LLC increased its holdings in shares of The Goldman Sachs Group by 3.2% in the second quarter. DecisionMap Wealth Management LLC now owns 350 shares of the investment management company’s stock valued at $354,000 after buying an additional 11 shares in the last quarter. Marathon Mission Inc. lifted its position in shares of The Goldman Sachs Group by 1.6% during the 2nd quarter. Marathon Mission Inc. now owns 779 shares of the investment management company’s stock valued at $788,000 after acquiring an additional 12 shares during the last quarter. Finally, Global Financial Private Client LLC lifted its position in shares of The Goldman Sachs Group by 1.4% during the 2nd quarter. Global Financial Private Client LLC now owns 883 shares of the investment management company’s stock valued at $893,000 after acquiring an additional 12 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $910.40 on Wednesday. The company’s fifty day moving average is $927.53 and its two-hundred day moving average is $956.14. The company has a market cap of $262.59 billion, a P/E ratio of 13.09, a price-to-earnings-growth ratio of 0.85 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 12-month low of $754.00 and a 12-month high of $1,153.99. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 3.20.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, topping the consensus estimate of $12.86 by $4.15. The Goldman Sachs Group had a return on equity of 20.21% and a net margin of 15.77%. The business had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. During the same quarter last year, the firm posted $12.25 earnings per share. The Goldman Sachs Group’s revenue was up 23.0% compared to the same quarter last year. Equities analysts expect that The Goldman Sachs Group, Inc. will post 71.49 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Wednesday, December 2nd will be paid a $5.00 dividend. This represents a $20.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is currently 28.76%.

Insider Activity

In other The Goldman Sachs Group news, CEO David Solomon sold 12,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 159,180 shares in the company, valued at approximately $144,968,409.60. This trade represents a 7.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Ericka Leslie sold 100 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $926.28, for a total transaction of $92,628.00. Following the sale, the insider owned 10,460 shares of the company’s stock, valued at approximately $9,688,888.80. This represents a 0.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 12,500 shares of company stock valued at $11,380,508. Company insiders own 0.55% of the company’s stock.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: CEO David Solomon said demand for AI infrastructure financing remains strong, pointing to client activity and the bank’s role in AI-sector transactions. That could support financing and advisory opportunities for Goldman Sachs, though the revenue impact was not quantified. Goldman Sachs sees strong demand for AI infrastructure financing
• Neutral Sentiment: Goldman Sachs is among 21 financial institutions backing Project Faro, which has secured about $270 million in total funding for a planned U.S. stablecoin venture. The group is targeting a 2027 launch, but Goldman’s individual contribution and the project’s potential returns were not disclosed, making the near-term financial effect uncertain. Goldman and Citi help fund $270 million stablecoin venture
• Neutral Sentiment: A Goldman Sachs analyst reportedly projected that Anthropic could generate $685 billion in annual revenue by 2030. This is a forecast about an AI company—not Goldman Sachs—and is relevant mainly as a sign of the scale of the AI opportunity its banking and financing businesses may serve. Goldman Sachs predicts Anthropic could generate $685 billion in annual revenue
• Negative Sentiment: A Zacks analysis cited slowing earnings as a risk heading into 2027, tempering the positive outlook from AI-related growth opportunities. Is Goldman Sachs an attractive investment option heading into 2027?

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Loop Capital set a $1,050.00 price objective on The Goldman Sachs Group in a research note on Thursday, October 8th. TD Cowen initiated coverage on The Goldman Sachs Group in a report on Thursday, October 8th. They set a “buy” rating and a $1,050.00 target price for the company. JPMorgan Chase & Co. upped their target price on The Goldman Sachs Group from $955.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, October 16th. HSBC increased their price target on The Goldman Sachs Group from $995.00 to $1,007.00 and gave the company a “hold” rating in a research report on Monday, September 28th. Finally, Weiss Ratings cut The Goldman Sachs Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 28th. One investment 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $1,052.04.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc. is a global financial services firm founded in 1869 and headquartered in New York City. It serves corporations, financial institutions, governments and individuals across major financial markets worldwide. The company’s businesses include investment banking, global markets, and asset and wealth management. Its services include advising on mergers and acquisitions and other strategic transactions, helping clients raise capital, facilitating trading and risk management, and managing investments and wealth for institutions and individuals.