Gradient Investments LLC Trims Stake in The Goldman Sachs Group, Inc. $GS

Gradient Investments LLC lessened its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 9.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,712 shares of the investment management company’s stock after selling 6,968 shares during the quarter. Gradient Investments LLC’s holdings in The Goldman Sachs Group were worth $57,364,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in The Goldman Sachs Group in the 2nd quarter worth $24,172,123,000. Bank of America Corp DE bought a new stake in The Goldman Sachs Group in the 2nd quarter worth about $6,756,772,000. Orange County Employees Retirement System purchased a new stake in The Goldman Sachs Group during the 2nd quarter valued at $69,537,544,000. Bank of New York Mellon Corp bought a new position in shares of The Goldman Sachs Group in the 2nd quarter worth approximately $2,560,028,000. Finally, Corient Private Wealth LLC increased its position in The Goldman Sachs Group by 1,657.7% in the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock worth $2,282,312,000 after buying an additional 2,448,767 shares in the last quarter. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Price Performance

NYSE GS traded down $7.68 on Thursday, hitting $879.53. The company had a trading volume of 768,633 shares, compared to its average volume of 2,195,685. The company’s fifty day moving average price is $995.67 and its 200-day moving average price is $987.40. The Goldman Sachs Group, Inc. has a 12-month low of $740.01 and a 12-month high of $1,153.99. The company has a market capitalization of $256.09 billion, a PE ratio of 13.62, a PEG ratio of 0.98 and a beta of 1.29. 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 Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping the consensus estimate of $14.47 by $6.51. The firm had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The firm’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same period in the previous year, the business earned $10.91 earnings per share. As a group, analysts predict that The Goldman Sachs Group, Inc. will post 67.92 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were paid a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a yield of 2.3%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend was Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is presently 30.87%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GS. Barclays upped their target price on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. TD Cowen assumed coverage on shares of The Goldman Sachs Group in a report on Thursday. They set a “buy” rating and a $1,050.00 price target on the stock. Weiss Ratings raised shares of The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. Oppenheimer lowered The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research note on Tuesday, June 30th. Finally, Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Eleven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $1,055.09.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: TD Cowen initiated coverage with a “buy” rating and a $1,050 price target, implying substantial upside from recent levels. The call adds fresh analyst support ahead of Goldman’s third-quarter earnings report. Benzinga analyst coverage report
• Positive Sentiment: Goldman is reportedly preparing more than $500 million in special equity bonuses for CEO David Solomon and other senior executives, reflecting outperformance versus most rivals over a five-year period. While costly, the awards signal confidence in leadership and long-term results. New York Post bonus report
• Neutral Sentiment: Wall Street projections for the quarter ended September 2026 are focusing on trading, investment banking and asset-management metrics. The preview could increase volatility ahead of Goldman’s earnings release but does not yet provide reported results. Zacks earnings preview
• Neutral Sentiment: A senior Goldman banker is set to co-lead technology banking, a move that could support dealmaking and retain talent, although the immediate financial impact is unclear. The Information banking report
• Negative Sentiment: Goldman and its wealth-management clients were caught up in an EY data breach. Goldman says its own systems were not compromised and client assets remain safe, but the incident creates reputational and potential compliance concerns. Quartz data-breach report
• Negative Sentiment: Citi has reportedly overtaken Goldman in global IPO underwriting after winning several high-profile listings, raising concerns that Goldman could lose future equity-capital-markets mandates and fee revenue. Yahoo Finance IPO underwriting report
• Negative Sentiment: CEO David Solomon has indicated Goldman is not yet ready to raise its 14%–16% through-the-cycle ROE target. Investors may view the lack of an upgrade as evidence that profitability expectations have limited room to improve. TIKR ROE analysis

About The Goldman Sachs Group

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.