683 Shares in The Goldman Sachs Group, Inc. $GS Bought by N10 Wealth LLC

N10 Wealth LLC bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 683 shares of the investment management company’s stock, valued at approximately $615,000.

A number of other large investors have also modified their holdings of GS. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group in the 1st quarter valued at approximately $25,000. Strive Financial Group LLC boosted its stake in shares of The Goldman Sachs Group by 316.7% in the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock valued at $25,000 after buying an additional 19 shares in the last quarter. BOK Financial Private Wealth Inc. grew its holdings in 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 acquiring an additional 17 shares during the period. Steph & Co. acquired a new position in The Goldman Sachs Group during the first quarter worth $27,000. Finally, Lifetime Wealth Management P.C. acquired a new position in The Goldman Sachs Group during the fourth quarter worth $29,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Price Performance

GS traded down $20.67 during trading on Wednesday, reaching $871.24. 1,853,020 shares of the stock were exchanged, compared to its average volume of 2,211,268. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $253.68 billion, a price-to-earnings ratio of 13.46, a P/E/G ratio of 0.98 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 1 year low of $740.01 and a 1 year high of $1,153.99. The business’s 50 day moving average price is $984.44 and its two-hundred day moving average price is $989.10.

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 for the quarter, beating analysts’ consensus estimates of $12.86 by $4.15. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%. The business had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. During the same quarter last year, the business posted $12.25 earnings per share. The business’s revenue for the quarter was up 23.0% on a year-over-year basis. As a group, equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 67.48 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders 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 2.3%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is 30.87%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on GS shares. Barclays raised their target price on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Wall Street Zen cut shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Finally, Weiss Ratings cut shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and a consensus price target of $1,052.82.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Strong Q3 earnings beat: Goldman reported diluted EPS of $17.01 versus the $12.86 consensus and revenue of $18.68 billion versus $16.83 billion expected. Net income rose 29% year over year, while revenue increased 23%. Goldman Sachs quarterly profit rises on equities strength
• Positive Sentiment: Trading and investment banking drove growth: Equities revenue surged 72% to $6.44 billion, and investment-banking fees increased 21% as underwriting and deal activity improved. Wealth-management assets reached a record $2.1 trillion, supporting confidence in Goldman’s diversified earnings base. Goldman Q3 earnings beat on strong equities and investment banking revenues
• Positive Sentiment: Shareholder returns and bullish commentary: The board declared a $5 quarterly dividend, equivalent to $20 annually, and Goldman returned $4.49 billion to common shareholders during the quarter, including $3 billion in repurchases. CEO David Solomon said the firm remains well positioned, and Jim Cramer called GS his favorite bank stock. Jim Cramer reveals his favourite post-earnings bank stocks
• Neutral Sentiment: Analysts remain divided: Morgan Stanley maintained a Hold rating with a $1,145 target, while RBC cut its target from $1,220 to $1,010 and kept a Sector Perform rating. The target reduction likely contributed to caution after the post-earnings rally.
• Negative Sentiment: Macro and regulatory risks cloud the outlook: Solomon warned that abrupt interest-rate moves could create headwinds. Analysts also cited late-cycle risks, higher AI infrastructure costs and elevated rates. Separately, a Treasury review found that major U.S. banks’ reputation-risk policies could allow political considerations to influence access to banking services, creating potential compliance and reputational pressure for Goldman. Treasury review of bank debanking policies

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.