First Nebraska Trust Co Buys New Stake in The Goldman Sachs Group, Inc. $GS

First Nebraska Trust Co bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,240 shares of the investment management company’s stock, valued at approximately $1,116,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position 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 stake in shares of The Goldman Sachs Group during the 2nd quarter worth $6,756,772,000. Orange County Employees Retirement System bought a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth $69,537,544,000. Bank of New York Mellon Corp bought a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth $2,560,028,000. Finally, International Assets Investment Management LLC acquired a new position in The Goldman Sachs Group in the 1st quarter valued at $2,024,921,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Trending Headlines about 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

The Goldman Sachs Group Stock Down 0.5%

GS opened at $894.43 on Wednesday. The Goldman Sachs Group, Inc. has a 1-year low of $754.00 and a 1-year 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 stock has a market capitalization of $260.43 billion, a price-to-earnings ratio of 12.86, a P/E/G ratio of 0.85 and a beta of 1.29. The business has a 50 day moving average of $941.95 and a 200-day moving average of $957.66.

The Goldman Sachs Group (NYSE:GS) last announced 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 business had revenue of $18.68 billion for 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 Goldman Sachs Group’s revenue was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $12.25 earnings per share. As a group, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The business 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 $5.00 dividend. This represents a $20.00 annualized dividend and a yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 28.76%.

Analyst Ratings Changes

Several brokerages recently commented on GS. Jefferies Financial Group set a $1,299.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Royal Bank Of Canada decreased their price target on shares of The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating for the company in a report on Wednesday, October 14th. Wall Street Zen raised The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Bank of America raised 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. Finally, Weiss Ratings lowered The Goldman Sachs Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus 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 Solomon sold 12,000 shares of the business’s 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 transaction, the chief executive officer owned 159,180 shares in the company, valued at approximately $144,968,409.60. The trade was a 7.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ericka Leslie sold 100 shares of the company’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $926.28, for a total transaction of $92,628.00. Following the transaction, the insider directly owned 10,460 shares of the company’s stock, valued at $9,688,888.80. This represents a 0.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,500 shares of company stock worth $11,380,508 over the last 90 days. Company 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.