The Goldman Sachs Group (NYSE:GS) Stock Sale Reported by Rep. Maria Elvira Salazar

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in The Goldman Sachs Group stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.

The Goldman Sachs Group Stock Up 1.5%

Shares of NYSE GS opened at $895.58 on Friday. The stock has a market cap of $260.77 billion, a P/E ratio of 13.82, a PEG ratio of 0.97 and a beta of 1.29. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17. The Goldman Sachs Group, Inc. has a 12-month low of $740.01 and a 12-month high of $1,153.99. The business’s fifty day simple moving average is $990.36 and its 200-day simple moving average is $987.24.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%. The Goldman Sachs Group’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same quarter last year, the company earned $10.91 EPS. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 67.48 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were given a $5.00 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 2.2%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is 30.87%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: TD Cowen initiated coverage with a Strong Buy rating, while its broader coverage assigned GS a Buy rating and a $1,050 price target—about 17% above the referenced price. The upgrade provides an additional bullish signal ahead of earnings. Goldman Stock Before Q3 Earnings: Buy Now or Wait for Results?
• Positive Sentiment: Analysts expect third-quarter growth to be supported by resilient equity-trading activity and investment-banking revenue. Goldman is also projected to be a leading contributor to Wall Street’s estimated $19 billion in third-quarter trading revenue. Goldman Sachs expected to lead Wall Street’s trading revenue
• Positive Sentiment: Goldman was reportedly hired by Cinven to help revive a potential $2 billion sale of JLA, highlighting continued investment-banking and advisory activity. Goldman Sachs Hired by Cinven to Revive $2 Billion JLA Sale

Analysts Set New Price Targets

A number of analysts have weighed in on GS shares. Keefe, Bruyette & Woods raised their price target on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a research note on Wednesday, July 15th. TD Cowen began coverage on The Goldman Sachs Group in a research note on Thursday. They set a “buy” rating and a $1,050.00 target price for the company. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. Citigroup reduced their price objective on shares of The Goldman Sachs Group from $1,200.00 to $1,050.00 and set a “neutral” rating for the company in a research report on Wednesday, September 23rd. Finally, Loop Capital set a $1,050.00 price target on shares of The Goldman Sachs Group in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $1,055.09.

Hedge Funds Weigh In On The Goldman Sachs Group

A number of hedge funds have recently modified their holdings of GS. BlackRock Inc. acquired a new stake in The Goldman Sachs Group in the second quarter worth $24,172,123,000. Bank of America Corp DE acquired a new stake in shares of The Goldman Sachs Group in the 2nd quarter worth about $6,756,772,000. Orange County Employees Retirement System bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at about $69,537,544,000. Bank of New York Mellon Corp bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at about $2,560,028,000. Finally, Corient Private Wealth LLC boosted its stake in The Goldman Sachs Group by 1,657.7% during the 4th quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after purchasing an additional 2,448,767 shares during the period. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.