The Goldman Sachs Group, Inc. $GS Stock: Talbot Financial LLC Increases Holdings

Talbot Financial LLC lifted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,808 shares of the investment management company’s stock after acquiring an additional 971 shares during the quarter. The Goldman Sachs Group accounts for 3.2% of Talbot Financial LLC’s portfolio, making the stock its 7th largest holding. Talbot Financial LLC’s holdings in The Goldman Sachs Group were worth $43,945,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. OceanIQ Capital LLC acquired a new stake in The Goldman Sachs Group during the 3rd quarter worth about $396,000. Herold Advisors Inc. boosted its stake in The Goldman Sachs Group by 8.7% in the 3rd quarter. Herold Advisors Inc. now owns 1,984 shares of the investment management company’s stock worth $1,786,000 after purchasing an additional 159 shares during the period. Kaufman Rossin Wealth LLC acquired a new position in The Goldman Sachs Group in the 3rd quarter worth approximately $308,000. First Bank & Trust boosted its stake in The Goldman Sachs Group by 2.7% in the 3rd quarter. First Bank & Trust now owns 1,064 shares of the investment management company’s stock worth $958,000 after purchasing an additional 28 shares during the period. Finally, Generali Investments Management Co LLC grew its position in The Goldman Sachs Group by 20.4% during the 3rd quarter. Generali Investments Management Co LLC now owns 3,169 shares of the investment management company’s stock worth $2,853,000 after purchasing an additional 537 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Loop Capital set a $1,050.00 target price on shares of The Goldman Sachs Group in a research note on Thursday, October 8th. UBS Group decreased their target price on The Goldman Sachs Group from $1,150.00 to $1,010.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. TD Cowen assumed coverage on The Goldman Sachs Group in a research report on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 target price for the company. BMO Capital Markets lowered their price target on The Goldman Sachs Group from $972.00 to $970.00 and set a “market perform” rating on the stock in a report on Tuesday, October 6th. Finally, Bank of America upped 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. One analyst has rated the stock with a Strong Buy rating, nine have assigned 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 Goldman Sachs Group presently has an average rating of “Hold” and an average target price of $1,051.23.

The Goldman Sachs Group Stock Down 0.5%

GS traded down $4.03 on Monday, reaching $877.23. 1,105,072 shares of the company traded hands, compared to its average volume of 2,216,792. The stock’s 50 day moving average price is $974.71 and its 200-day moving average price is $990.62. The Goldman Sachs Group, Inc. has a 52-week low of $743.11 and a 52-week high of $1,153.99. The company has a market cap of $255.42 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 0.85 and a beta of 1.29. 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) last released its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.86 by $4.15. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The company had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $16.83 billion. During the same quarter in the prior year, the firm earned $12.25 EPS. The company’s revenue was up 23.0% compared to the same quarter last year. On average, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 69.57 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be issued a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s payout ratio is currently 28.76%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs upgraded AI infrastructure provider CoreWeave to Buy from Neutral. Although the bank reduced its price target to $106 from $139, the upgrade signals confidence that project financing will remain available despite elevated borrowing costs and could support Goldman’s research reputation and client activity. CoreWeave Stock Gets a Goldman Upgrade Even as the Target Falls to $106 From $139
• Positive Sentiment: Dangote Cement appointed Goldman Sachs and UBS for a planned $1 billion London listing. The mandate could generate underwriting and advisory fees while reinforcing Goldman’s position in international equity capital markets. Dangote Cement Adds Goldman Sachs and UBS for Planned $1bn London Listing
• Positive Sentiment: Goldman Sachs CEO David Solomon highlighted tokenization of bonds, money-market funds and real estate as a potential new revenue stream. Progress in digital-asset infrastructure could provide longer-term growth opportunities beyond traditional banking. Goldman Sachs CEO Sees Tokenization as Wall Street’s Next Act
• Positive Sentiment: JPMorgan reportedly raised its price target for GS, providing an additional favorable signal from the analyst community. The Goldman Sachs Group Stock Gets Price Target Boost from JPMorgan Chase
• Neutral Sentiment: Goldman recommended several unloved consumer-facing stocks over large technology companies, reflecting a broader market-allocation view rather than a direct change to GS’s earnings outlook. Big Tech Is Wobbling: Goldman Sachs Says It’s Time to Buy These 23 Unloved Stocks Instead
• Negative Sentiment: Goldman’s caution that Micron may lag other memory-chip stocks could weigh modestly on perceptions of its technology-sector outlook, although the commentary has no direct material impact on GS’s financial results. Memory Stocks Rally as Tech Selloff Unwinds

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.