The Goldman Sachs Group, Inc. $GS Shares Purchased by Summit Global Investments

Summit Global Investments boosted its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 96.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,814 shares of the investment management company’s stock after buying an additional 892 shares during the quarter. Summit Global Investments’ holdings in The Goldman Sachs Group were worth $1,633,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in shares of The Goldman Sachs Group in the second quarter worth $24,172,123,000. Bank of America Corp DE acquired a new stake in shares of The Goldman Sachs Group during the second quarter valued at $6,756,772,000. Orange County Employees Retirement System acquired a new stake in shares of The Goldman Sachs Group during the second quarter valued at $69,537,544,000. Bank of New York Mellon Corp acquired a new stake in shares of The Goldman Sachs Group during the second quarter valued at $2,560,028,000. Finally, International Assets Investment Management LLC purchased a new stake in The Goldman Sachs Group during the 1st quarter worth about $2,024,921,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Ericka Leslie sold 250 shares of the stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $890.25, for a total value of $222,562.50. Following the transaction, the insider directly owned 10,710 shares of the company’s stock, valued at approximately $9,534,577.50. This trade represents a 2.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO David Solomon sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total value of $10,928,640.00. Following the completion of the transaction, the chief executive officer owned 159,180 shares in the company, valued at approximately $144,968,409.60. This trade represents a 7.01% decrease in their ownership of the stock. 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 ninety days. Corporate insiders own 0.55% of the company’s stock.

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 Ratings Changes

GS has been the subject of several analyst reports. Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 18th. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Freedom Broker raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating and reduced their price objective for the company from $1,200.00 to $1,100.00 in a research note on Friday, October 23rd. Finally, Royal Bank Of Canada decreased their target price on shares of The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $1,049.52.

The Goldman Sachs Group Stock Down 0.2%

GS opened at $892.49 on Monday. The Goldman Sachs Group, Inc. has a 12 month low of $754.00 and a 12 month high of $1,153.99. The business has a 50-day moving average of $947.65 and a two-hundred day moving average of $958.04. The stock has a market capitalization of $259.87 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 0.84 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 issued its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, topping the consensus estimate 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 Goldman Sachs Group’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $12.25 earnings per share. On average, research analysts expect that The Goldman Sachs Group, Inc. will post 70.89 earnings per share 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 issued a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is presently 28.76%.

About The Goldman Sachs Group

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.