Nippon Life Global Investors Americas Inc. Sells 5,310 Shares of The Goldman Sachs Group, Inc. $GS

Nippon Life Global Investors Americas Inc. lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 11.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 41,000 shares of the investment management company’s stock after selling 5,310 shares during the period. The Goldman Sachs Group accounts for approximately 1.5% of Nippon Life Global Investors Americas Inc.’s portfolio, making the stock its 20th largest position. Nippon Life Global Investors Americas Inc.’s holdings in The Goldman Sachs Group were worth $36,915,000 at the end of the most recent reporting period.

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

Key Headlines Impacting The Goldman Sachs Group

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

Analyst Upgrades and Downgrades

GS has been the topic of a number of recent analyst reports. TD Cowen assumed coverage on The Goldman Sachs Group in a research note on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 price objective on the stock. Loop Capital set a $1,050.00 target price on The Goldman Sachs Group in a research note on Thursday, October 8th. Barclays lifted their target price on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased their price target on The Goldman Sachs Group from $955.00 to $970.00 and gave the stock a “neutral” rating in a report on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $1,049.52.

Insider Activity

In related news, CEO David Solomon sold 12,000 shares of the firm’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 directly owned 159,180 shares of the company’s stock, valued at $144,968,409.60. This trade represents a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ericka Leslie sold 100 shares of the company’s stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $926.28, for a total transaction of $92,628.00. Following the completion of the sale, the insider directly owned 10,460 shares of the company’s stock, valued at $9,688,888.80. The trade was a 0.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 12,500 shares of company stock valued at $11,380,508. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Stock Down 0.2%

GS stock opened at $892.49 on Monday. The stock’s 50 day moving average is $947.65 and its 200-day moving average is $958.04. The Goldman Sachs Group, Inc. has a twelve month low of $754.00 and a twelve month high of $1,153.99. The firm has a market capitalization of $259.87 billion, a PE ratio of 12.83, a P/E/G ratio of 0.84 and a beta of 1.29. 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 released its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $18.68 billion during the quarter, compared to analyst estimates of $16.83 billion. During the same period in the prior year, the firm posted $12.25 EPS. The Goldman Sachs Group’s quarterly 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 EPS 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 issued a $5.00 dividend. The ex-dividend date 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%.

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.