980 The Goldman Sachs Group, Inc. $GS Shares Sold by Guardian Partners Inc.

Guardian Partners Inc. lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 48.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,045 shares of the investment management company’s stock after selling 980 shares during the period. Guardian Partners Inc.’s holdings in The Goldman Sachs Group were worth $941,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Strive Financial Group LLC grew its holdings in The Goldman Sachs Group by 316.7% during the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after acquiring an additional 19 shares during the period. BOK Financial Private Wealth Inc. raised its position in The Goldman Sachs Group by 188.9% during the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 17 shares in the last quarter. Turim 21 Investimentos Ltda. acquired a new position in The Goldman Sachs Group in the first quarter valued at approximately $25,000. Cherry Tree Wealth Management LLC lifted its holdings in The Goldman Sachs Group by 100.0% in the third quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 15 shares during the period. Finally, Steph & Co. acquired a new position in The Goldman Sachs Group in the first quarter valued at approximately $27,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 2.1%

GS opened at $903.31 on Thursday. The company has a market cap of $263.02 billion, a PE ratio of 12.99, a price-to-earnings-growth ratio of 0.84 and a beta of 1.29. The Goldman Sachs Group, Inc. has a twelve month low of $743.11 and a twelve month high of $1,153.99. The company has a 50-day moving average price of $965.99 and a 200 day moving average price of $991.27. The company has a quick ratio of 0.63, a current ratio of 1.10 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 (EPS) 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 for the quarter, compared to analysts’ expectations of $16.83 billion. During the same period in the previous year, the firm posted $12.25 EPS. The Goldman Sachs Group’s revenue was up 23.0% compared to the same quarter last year. Sell-side analysts expect that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be given a $5.00 dividend. This represents a $20.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is 28.76%.

Wall Street Analyst Weigh In

Several research firms have commented on GS. Citigroup restated a “market perform” rating on shares of The Goldman Sachs Group in a research report on Wednesday, October 14th. JPMorgan Chase & Co. lifted their target price on shares of The Goldman Sachs Group from $955.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, October 16th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Loop Capital set a $1,050.00 target price on shares of The Goldman Sachs Group in a research note on Thursday, October 8th. Finally, Bank of America increased their price target on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $1,050.32.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Strong earnings momentum: Goldman’s latest quarterly results exceeded expectations, with earnings per share of $17.01 versus a $12.86 consensus estimate and revenue of $18.68 billion versus $16.83 billion expected. Revenue increased 23% year over year, reinforcing the investment bank’s favorable operating momentum. Ken Fisher and Jim Cramer Like This Bank Stock
• Positive Sentiment: AI-driven trading boom: Goldman, JPMorgan and Morgan Stanley captured nearly 80% of the leading banks’ equity-trading revenue this year, helped by hedge-fund borrowing and trading tied to AI hardware and semiconductor supply chains. The trend highlights strong demand for Goldman’s trading and financing businesses. Goldman Sachs, JPMorgan and Morgan Stanley are Dominating the AI Stock Boom
• Positive Sentiment: Asset-management expansion: Goldman is reportedly paying up to $2.25 billion to acquire NEOS Investments, an ETF manager with approximately $30 billion in assets. The deal would expand Goldman’s actively managed and options-based ETF platform and diversify fee-based revenue. Goldman Sachs Is Paying Up to $2.25 Billion for a $30 Billion ETF Business
• Neutral Sentiment: Investor attention remains elevated: Goldman ranks among widely followed stocks and is viewed favorably by some investors after its earnings beat, but the coverage largely repeats existing information rather than introducing a new catalyst. The Goldman Sachs Group Is Attracting Investor Attention
• Negative Sentiment: Some pressure from sellers and analysts: ETFs were net sellers of GS shares on October 19, while BMO Capital Markets lowered its expectations for the stock. These developments could temper enthusiasm following the earnings-driven advance. ETFs Are Net Sellers of Goldman Sachs on Oct. 19
• Negative Sentiment: Macro risks remain: Goldman expects the U.S. housing market to remain weak through 2027, reflecting persistent affordability and mortgage-rate pressures that could weigh on economic activity and parts of the bank’s lending and investment-banking pipeline. It’s a Rough Housing Market, and Goldman Sachs Expects It to Get Worse

About The Goldman Sachs Group

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.