The Goldman Sachs Group, Inc. $GS Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC cut its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 154,758 shares of the investment management company’s stock after selling 4,006 shares during the period. ProShare Advisors LLC’s holdings in The Goldman Sachs Group were worth $139,338,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealthfront Advisers LLC bought a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at $53,720,000. Envestnet Portfolio Solutions Inc. increased its position in shares of The Goldman Sachs Group by 14.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,422 shares of the investment management company’s stock worth $17,606,000 after acquiring an additional 2,230 shares during the period. Sax Wealth Advisors LLC increased its holdings in shares of The Goldman Sachs Group by 148.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 3,529 shares of the investment management company’s stock valued at $3,569,000 after acquiring an additional 2,110 shares during the period. IPG Investment Advisors LLC increased its position in The Goldman Sachs Group by 21.3% during the 2nd quarter. IPG Investment Advisors LLC now owns 7,250 shares of the investment management company’s stock valued at $7,332,000 after buying an additional 1,272 shares in the last quarter. Finally, Baird Financial Group Inc. raised its stake in shares of The Goldman Sachs Group by 2.9% in the second quarter. Baird Financial Group Inc. now owns 110,233 shares of the investment management company’s stock worth $111,487,000 after purchasing an additional 3,063 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs reportedly is negotiating to acquire a controlling stake in South Korea’s Tmap Mobility. The potential transaction could expand the firm’s alternative-investment and technology exposure, although deal terms and financial impact remain uncertain. Goldman Sachs reportedly looking to acquire controlling stake in Tmap Mobility
• Positive Sentiment: Goldman Sachs advised on approximately $34.8 billion of Middle East and Africa M&A transactions during the first three quarters of 2026, supporting the outlook for investment-banking fees as deal activity improves. Goldman Sachs and Rothschild lead MEA M&A financial advisory
• Positive Sentiment: Goldman Sachs continues to receive favorable long-term commentary. Its latest reported quarter significantly exceeded expectations, with EPS of $17.01 and revenue of $18.68 billion, while the dividend remains supported by a relatively modest payout ratio. Why Goldman Sachs is a top stock for the long term
• Neutral Sentiment: Goldman’s research team continues to promote growth themes including artificial intelligence and autonomous transportation. These reports strengthen the firm’s research and advisory profile but have limited direct impact on near-term GS earnings. Autonomous vehicle stocks backed by hedge funds
• Negative Sentiment: Insider Ericka Leslie sold 100 shares at an average price of $926.28 after selling another 150 shares the prior day. CEO David Solomon also reportedly sold 12,000 shares. The transactions are small relative to total ownership and do not establish a fundamental problem, but repeated insider selling can weigh on investor sentiment. Goldman Sachs insider selling

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $892.49 on Friday. 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 business has a fifty day simple moving average of $947.65 and a 200 day simple moving average of $958.04. The Goldman Sachs Group, Inc. has a one year low of $754.00 and a one year high of $1,153.99. The firm has a market capitalization of $259.87 billion, a price-to-earnings ratio of 12.83, a PEG ratio of 0.84 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, October 13th. The investment management company reported $17.01 EPS 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 business’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $12.25 EPS. Sell-side analysts expect that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current year.

The Goldman Sachs Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on GS. Royal Bank Of Canada dropped their target price on 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. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Wells Fargo & Company lowered their price objective on shares of The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating for the company in a research note on Friday, September 25th. Barclays raised their price objective 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. Finally, TD Cowen assumed coverage on The Goldman Sachs Group in a report on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $1,049.52.

Insider Buying and Selling

In other The Goldman Sachs Group news, CEO David Solomon sold 12,000 shares of the stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the transaction, the chief executive officer directly owned 159,180 shares in the company, valued at approximately $144,968,409.60. This represents a 7.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ericka Leslie sold 100 shares of the firm’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 in the company, valued at $9,688,888.80. The trade was a 0.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,500 shares of company stock valued at $11,380,508 in the last three months. Insiders own 0.55% of the company’s stock.

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.