Park Avenue Securities LLC Sells 1,678 Shares of The Goldman Sachs Group, Inc. $GS

Park Avenue Securities LLC reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 9.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,012 shares of the investment management company’s stock after selling 1,678 shares during the period. Park Avenue Securities LLC’s holdings in The Goldman Sachs Group were worth $14,417,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Verdence Capital Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 1.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 3,746 shares of the investment management company’s stock worth $3,373,000 after purchasing an additional 68 shares during the period. Flagship Harbor Advisors LLC raised its holdings in The Goldman Sachs Group by 3.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,879 shares of the investment management company’s stock valued at $1,691,000 after buying an additional 60 shares during the period. Plimoth Trust Co. LLC raised its holdings in The Goldman Sachs Group by 0.5% during the 3rd quarter. Plimoth Trust Co. LLC now owns 3,865 shares of the investment management company’s stock valued at $3,480,000 after buying an additional 21 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. lifted its position in The Goldman Sachs Group by 32.9% in the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 1,063 shares of the investment management company’s stock worth $957,000 after buying an additional 263 shares during the last quarter. Finally, Westover Capital Advisors LLC lifted its position in The Goldman Sachs Group by 1.6% in the third quarter. Westover Capital Advisors LLC now owns 12,282 shares of the investment management company’s stock worth $11,058,000 after buying an additional 195 shares during the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Trading Up 2.1%

GS stock opened at $912.10 on Wednesday. The business’s fifty day simple moving average is $954.02 and its two-hundred day simple moving average is $958.43. The Goldman Sachs Group, Inc. has a twelve month low of $754.00 and a twelve month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, topping the consensus estimate of $12.86 by $4.15. The business had revenue of $18.68 billion for the quarter, compared to the consensus estimate of $16.83 billion. The firm’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter last year, the business posted $12.25 earnings per share. Analysts forecast that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

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 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.

Wall Street Analysts Forecast Growth

Several research firms have commented on GS. Weiss Ratings lowered shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 9th. Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research note on Tuesday, June 30th. Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Citigroup restated a “market perform” rating on shares of The Goldman Sachs Group in a report on Wednesday, October 14th. Finally, Loop Capital set a $1,050.00 price target on shares of The Goldman Sachs Group in a research note on Thursday, October 8th. 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $1,049.52.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs and Morgan Stanley are expected to lead Anthropic’s planned initial public offering. The mandate could generate meaningful underwriting and advisory fees while reinforcing Goldman’s position in the fast-growing AI capital-markets ecosystem. Coveted Roles in Anthropic’s Upcoming IPO Lift Goldman Sachs, Morgan Stanley
• Positive Sentiment: Recent research remains constructive after Goldman reported quarterly earnings well above consensus, with revenue growth driven by Global Banking & Markets and Asset & Wealth Management. Analysts have highlighted stronger deal activity, trading momentum, an attractive valuation and potential upside. Is Goldman Sachs Undervalued Following Strong Third Quarter Results?
• Positive Sentiment: Goldman advised on approximately $510.5 billion of North American transactions through the first three quarters of 2026 and ranked first by value in consumer M&A. Strong deal volumes support its investment-banking fee outlook. Goldman Sachs and Houlihan Lokey lead North American M&A financial advisers
• Neutral Sentiment: Goldman launched a Small Business AI Institute with a commitment of up to $500 million and technology support from Anthropic, Google, Meta and OpenAI. The program may strengthen client relationships over time, but its near-term financial return is uncertain. What Does Goldman Sachs Gain From Its Small Business AI Push?
• Negative Sentiment: CEO David Solomon sold 12,000 shares for approximately $10.9 million, reducing his direct holdings by 7.01%. Insider sales do not necessarily indicate weaker fundamentals, but the size of the transaction may temper investor confidence. SEC filing for David Solomon share sale
• Negative Sentiment: Goldman has warned that investors are reducing risk in AI stocks, while strategists cut their KOSPI outlook amid lower AI-related valuations and increased volatility. Weaker risk appetite could affect trading activity and market-based revenues. AI’s boost to the U.S. economy may be nearing its peak

Insider Activity

In related news, CEO David Solomon sold 12,000 shares of The Goldman Sachs Group stock in a transaction dated Tuesday, October 27th. The shares were 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 owned 159,180 shares in the company, valued at $144,968,409.60. This trade represents a 7.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ericka Leslie sold 250 shares of the business’s stock in a transaction dated 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. Company 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.