The Goldman Sachs Group, Inc. $GS Holdings Lessened by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY decreased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,804 shares of the investment management company’s stock after selling 713 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in The Goldman Sachs Group were worth $47,543,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group in the first quarter worth $25,000. Strive Financial Group LLC raised its holdings in shares of 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 purchasing an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. raised its holdings in shares of 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 worth $26,000 after purchasing an additional 17 shares during the last quarter. Cherry Tree Wealth Management LLC lifted its position in The Goldman Sachs Group by 100.0% during the third quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. Finally, Clearstead Trust LLC acquired a new position in The Goldman Sachs Group during the second quarter valued at $33,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. BMO Capital Markets reduced their price objective on The Goldman Sachs Group from $970.00 to $950.00 and set a “market perform” rating for the company in a research note on Monday, October 19th. Loop Capital set a $1,050.00 price objective on The Goldman Sachs Group in a research note on Thursday, October 8th. Wells Fargo & Company decreased their price objective on The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating for the company in a report on Friday, September 25th. Finally, Barclays lifted 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 report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $1,049.52.

Insider Activity

In other news, insider Ericka Leslie sold 250 shares of the stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $890.25, for a total transaction of $222,562.50. Following the sale, the insider directly owned 10,710 shares of the company’s stock, valued at $9,534,577.50. This represents a 2.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.55% of the stock is currently owned by insiders.

The Goldman Sachs Group Stock Performance

GS opened at $893.17 on Tuesday. The firm has a fifty day moving average price of $959.71 and a 200 day moving average price of $958.88. The Goldman Sachs Group, Inc. has a 1 year low of $754.00 and a 1 year high of $1,153.99. The stock has a market cap of $260.07 billion, a P/E ratio of 12.84, a P/E/G ratio of 0.83 and a beta of 1.29. 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 Goldman Sachs Group (NYSE:GS) last announced its quarterly 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 firm had revenue of $18.68 billion for the quarter, compared to the consensus estimate of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The firm’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $12.25 earnings per share. Equities research 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 company also recently disclosed 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. The ex-dividend date is Wednesday, December 2nd. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is 28.76%.

Key Stories Impacting 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 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.