The Goldman Sachs Group, Inc. $GS Shares Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lowered its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 4.1% in the third quarter, Holdings Channel reports. The firm owned 22,015 shares of the investment management company’s stock after selling 942 shares during the period. The Goldman Sachs Group accounts for 0.7% of Motley Fool Asset Management LLC’s investment portfolio, making the stock its 24th biggest holding. Motley Fool Asset Management LLC’s holdings in The Goldman Sachs Group were worth $19,821,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of GS. Orange County Employees Retirement System bought a new position in shares of The Goldman Sachs Group during the second quarter worth $69,537,544,000. BlackRock Inc. bought a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at $24,172,123,000. Bank of America Corp DE bought a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at $6,756,772,000. Bank of New York Mellon Corp acquired a new stake in The Goldman Sachs Group during the 2nd quarter worth $2,560,028,000. Finally, International Assets Investment Management LLC acquired a new stake in The Goldman Sachs Group during the 1st quarter worth $2,024,921,000. Institutional investors own 71.21% of the company’s stock.

Insider Transactions at The Goldman Sachs Group

In other news, CEO David Solomon sold 12,000 shares of the 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 transaction, the chief executive officer directly owned 159,180 shares in the company, valued at $144,968,409.60. This represents a 7.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 value of $222,562.50. Following the completion of the transaction, the insider owned 10,710 shares of the company’s stock, valued at approximately $9,534,577.50. This represents a 2.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on GS shares. JPMorgan Chase & Co. lifted their target price on The Goldman Sachs Group from $955.00 to $970.00 and gave the stock a “neutral” rating in a report on Friday, October 16th. Morgan Stanley set a $1,145.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research report on Wednesday, July 15th. HSBC raised their price target on 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. Finally, Royal Bank Of Canada cut their price objective on The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 14th. 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $1,049.52.

Key The Goldman Sachs Group News

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

• Positive Sentiment: An analyst upgrade helped support GS shares. Goldman’s recent earnings showed substantial upside versus estimates, with earnings per share of $17.01 versus a $12.86 consensus and revenue growth of 23% year over year. Goldman Sachs Shares Climb on Analyst Upgrade
• Positive Sentiment: Goldman Sachs and Morgan Stanley are reportedly positioned to lead a planned Anthropic initial public offering. The mandate could generate underwriting and advisory fees while strengthening Goldman’s role in AI-related capital markets. Cramer Says Anthropic’s IPO Makes Goldman Sachs a Buy
• Positive Sentiment: Goldman ranked first by value among consumer M&A advisers in the first three quarters, advising on 10 transactions worth $57.14 billion. Continued deal activity could benefit its investment-banking revenue. Goldman Sachs Leads Consumer M&A Advisers
• Positive Sentiment: Goldman is using EquiLend’s distributed-ledger platform for securities finance, potentially improving operational efficiency and reducing reconciliation costs. The near-term earnings impact is likely limited, but the move supports longer-term modernization. EquiLend’s 1Source Adds Goldman Sachs
• Neutral Sentiment: Goldman’s research on AI’s effect on employment and its warnings about CoreWeave’s potentially approaching $100 billion of debt highlight both the commercial opportunity and financial risks surrounding the AI investment cycle. Goldman Sachs on CoreWeave Debt
• Negative Sentiment: CEO David Solomon sold 12,000 shares for approximately $10.9 million, reducing his direct holdings by 7.01%. The sale may weigh modestly on sentiment, although it does not by itself indicate deteriorating fundamentals. SEC Filing for David Solomon Share Sale

The Goldman Sachs Group Trading Up 1.6%

GS opened at $926.23 on Thursday. The stock has a market capitalization of $269.69 billion, a P/E ratio of 13.32, a P/E/G ratio of 0.83 and a beta of 1.29. The firm’s fifty day simple moving average is $951.75 and its 200 day simple moving average is $958.39. 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 current ratio of 1.10, a quick ratio of 0.63 and a debt-to-equity ratio of 2.82.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data 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 Goldman Sachs Group had a return on equity of 19.55% and a net margin of 15.77%. The company had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. During the same period in the prior year, the firm earned $12.25 earnings per share. The Goldman Sachs Group’s revenue for the quarter was up 23.0% compared to the same quarter last year. As a group, research analysts anticipate 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 declared a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be given a dividend of $5.00 per share. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $20.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group’s payout ratio is 28.76%.

The Goldman Sachs Group Company 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.