The Goldman Sachs Group, Inc. $GS Stock Holdings Cut by Focused Investors LLC

Focused Investors LLC lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 16.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 204,700 shares of the investment management company’s stock after selling 39,300 shares during the period. The Goldman Sachs Group makes up approximately 7.6% of Focused Investors LLC’s portfolio, making the stock its 3rd biggest position. Focused Investors LLC’s holdings in The Goldman Sachs Group were worth $184,304,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of The Goldman Sachs Group during the 2nd quarter valued at $24,172,123,000. Bank of America Corp DE bought a new stake in The Goldman Sachs Group during the 2nd quarter worth $6,756,772,000. Orange County Employees Retirement System bought a new stake in The Goldman Sachs Group during the 2nd quarter worth $69,537,544,000. Bank of New York Mellon Corp acquired a new position in The Goldman Sachs Group in the 2nd quarter worth about $2,560,028,000. Finally, International Assets Investment Management LLC acquired a new position in The Goldman Sachs Group in the 1st quarter worth about $2,024,921,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Down 0.5%

Shares of NYSE GS opened at $894.43 on Wednesday. The stock has a market capitalization of $260.43 billion, a PE ratio of 12.86, a P/E/G ratio of 0.85 and a beta of 1.29. The Goldman Sachs Group, Inc. has a one year low of $754.00 and a one year high of $1,153.99. 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 business’s fifty day moving average price is $941.95 and its 200-day moving average price is $957.66.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, topping analysts’ consensus estimates of $12.86 by $4.15. The firm had revenue of $18.68 billion during the quarter, compared to analyst estimates of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The company’s quarterly revenue was up 23.0% on a year-over-year basis. During the same quarter last year, the business earned $12.25 earnings per share. On average, equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be paid a $5.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $20.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group’s dividend 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:

• Neutral Sentiment: Goldman is reportedly in talks to acquire a controlling stake in a South Korean mobility app. The discussions could support expansion into a new business, but terms and the likelihood of a deal have not been disclosed. Article: Goldman Sachs Enters Talks For Controlling Stake In South Korean Mobility App
• Negative Sentiment: UBS lowered its price target on GS from $1,010 to $1,000 and maintained a Neutral rating, a modestly cautious signal from an analyst. Article: UBS Group price target update
• Negative Sentiment: The SPDR Dow Jones Industrial Average ETF reportedly sold its GS holding on Oct. 30 as it reduced all 30 positions. The sale may add some flow pressure, though it appears part of a broad portfolio reduction rather than a company-specific move. Article: SPDR Dow Jones Industrial Average ETF Sells Goldman Sachs
• Negative Sentiment: Goldman is restricting access to some AI coding tools largely to engineers and quantitative specialists, reversing broader employee access. The move reflects risk controls, but could temper expectations for productivity gains from widespread employee use of AI tools. Article: Goldman Benches Its Vibe Coders While BNY Lets Everyone Build

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GS. UBS Group reduced their price objective on shares of The Goldman Sachs Group from $1,010.00 to $1,000.00 and set a “neutral” rating on the stock in a research note on Monday. Loop Capital set a $1,050.00 price objective on shares of The Goldman Sachs Group in a research report on Thursday, October 8th. Bank of America boosted their target price 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. Keefe, Bruyette & Woods lowered their price objective on shares of The Goldman Sachs Group from $1,130.00 to $1,100.00 and set a “market perform” rating on the stock in a report on Wednesday, October 14th. Finally, Citigroup reissued a “market perform” rating on shares of The Goldman Sachs Group in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $1,052.04.

Insider Buying and Selling at The Goldman Sachs Group

In other news, CEO David M. Solomon sold 12,000 shares of the company’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $910.72, for a total value of $10,928,640.00. Following the transaction, the chief executive officer owned 159,180 shares of the company’s stock, valued at approximately $144,968,409.60. This represents a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ericka T. Leslie sold 250 shares of the stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $890.25, for a total value of $222,562.50. Following the completion of the sale, the insider owned 10,710 shares in the company, valued at $9,534,577.50. This trade represents a 2.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 12,500 shares of company stock valued at $11,380,508. Insiders own 0.55% of the company’s stock.

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.