Oppenheimer & Co. Inc. Purchases 2,838 Shares of The Goldman Sachs Group, Inc. $GS

Oppenheimer & Co. Inc. increased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 4.8% during the third quarter, Holdings Channel reports. The firm owned 61,941 shares of the investment management company’s stock after buying an additional 2,838 shares during the quarter. The Goldman Sachs Group makes up approximately 0.6% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 25th largest holding. Oppenheimer & Co. Inc.’s holdings in The Goldman Sachs Group were worth $55,769,000 as of its most recent SEC filing.

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

Insider Transactions at The Goldman Sachs Group

In related news, insider Ericka Leslie sold 250 shares of the business’s 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 directly owned 10,710 shares in the company, valued at $9,534,577.50. The trade was a 2.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.55% of the stock is owned by company insiders.

The Goldman Sachs Group Trading Up 2.0%

Shares of GS stock opened at $893.17 on Tuesday. 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 market capitalization of $260.07 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 0.83 and a beta of 1.29. The firm has a 50 day moving average price of $959.71 and a two-hundred day moving average price of $958.88. 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 earnings results on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, beating 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 the consensus estimate of $16.83 billion. During the same quarter in the prior year, the business earned $12.25 earnings per share. The firm’s revenue for the quarter was up 23.0% on a year-over-year basis. As a group, analysts predict that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Investors 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 yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 28.76%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on GS shares. Barclays increased their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. TD Cowen started coverage on shares of The Goldman Sachs Group in a research report on Thursday, October 8th. They set a “buy” rating and a $1,050.00 price objective for the company. HSBC upped their price objective on shares of The Goldman Sachs Group from $995.00 to $1,007.00 and gave the company a “hold” rating in a report on Monday, September 28th. Finally, Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $1,049.52.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs and Morgan Stanley will lead the planned initial public offering of Anthropic, giving Goldman a potentially significant underwriting and advisory opportunity as investor interest in AI remains high. Coveted Roles in Anthropic’s Upcoming IPO Lift Goldman Sachs, Morgan Stanley
• Positive Sentiment: Analyst commentary highlights Goldman’s stronger investment-banking growth, trading momentum, solid third-quarter results and lower valuation relative to Morgan Stanley. Another research note cited potential upside of 21.6% and described GS as a buy based on earnings and valuation. Goldman or Morgan Stanley: Which Stock Is Better Bet Post Q3 Results? Buy GS and C on Solid Q3 Earnings, Attractive Valuation and Upside
• Positive Sentiment: Goldman led North American M&A advisers by transaction value, advising on approximately $510.5 billion of deals through the first three quarters of 2026, supporting its fee-generating investment-banking franchise. Goldman Sachs and Houlihan Lokey lead North American M&A financial advisers
• Positive Sentiment: Freedom Broker upgraded Goldman’s stock rating, while 35 ETFs reportedly added GS holdings, providing additional supportive sentiment and potential demand. Goldman Sachs Stock Rating Upgraded
• Neutral Sentiment: Goldman launched a Small Business AI Institute with a commitment of up to $500 million and support from Anthropic, Google, Meta and OpenAI. The initiative could deepen client relationships and create long-term growth, but also represents a substantial investment. What Does Goldman Sachs Gain From Its Small Business AI Push?
• Negative Sentiment: Goldman strategist warnings that AI’s economic boost may be nearing its peak, along with a sharp reduction in the firm’s KOSPI target amid AI valuation and volatility concerns, could weigh on risk appetite and raise questions about the sustainability of AI-related activity. AI’s boost to the U.S. economy is nearing its peak
• Negative Sentiment: Insider Ericka Leslie sold 250 GS shares for approximately $222,563, reducing her holdings by 2.28%. The relatively small transaction is unlikely to materially change Goldman’s fundamentals but may be viewed as a modest cautionary signal.

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.