The Goldman Sachs Group (NYSE:GS) Stock Sold Off by Rep. Maria Elvira Salazar

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in The Goldman Sachs Group stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $882.26 on Friday. The Goldman Sachs Group, Inc. has a 1-year low of $740.01 and a 1-year high of $1,153.99. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17. The firm has a market capitalization of $256.89 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 0.97 and a beta of 1.29. The firm’s 50 day simple moving average is $992.83 and its 200 day simple moving average is $987.89.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The firm had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter in the prior year, the firm posted $10.91 earnings per share. The business’s quarterly revenue was up 39.4% on a year-over-year basis. As a group, analysts expect that The Goldman Sachs Group, Inc. will post 67.48 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st were given a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.3%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date was Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 30.87%.

Analyst Ratings Changes

Several research analysts have recently commented on GS shares. UBS Group cut their price objective on The Goldman Sachs Group from $1,150.00 to $1,010.00 and set a “neutral” rating for the company in a report on Monday. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. TD Cowen began coverage on shares of The Goldman Sachs Group in a research report on Thursday. They set a “buy” rating and a $1,050.00 price objective on the stock. HSBC lifted their target price on shares of The Goldman Sachs Group from $995.00 to $1,007.00 and gave the stock a “hold” rating in a research report on Monday, September 28th. Finally, 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. Eleven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus target price of $1,055.09.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: TD Cowen initiated coverage of GS with a Buy rating and a $1,050 price target, implying meaningful upside from recent levels and providing a new bullish analyst view.
• Positive Sentiment: Goldman’s planned special equity awards of more than $500 million for CEO David Solomon and other senior executives reflect strong five-year performance relative to many rivals. However, the size of the payout could also raise shareholder concerns about compensation. Goldman to pay top executives $500mn in special bonuses
• Neutral Sentiment: Investors are reviewing analyst projections for Goldman’s September-quarter revenue, earnings and operating metrics ahead of results. The previews offer potential catalysts but do not provide new company-reported figures. Seeking Clues to Goldman Q3 Earnings
• Neutral Sentiment: Goldman’s market capitalization briefly fell below Canada’s Royal Bank of Canada after RBC’s decade of growth, highlighting increasing competition among global financial institutions but having limited direct impact on GS fundamentals.
• Neutral Sentiment: Goldman upgraded Occidental Petroleum to Buy and adjusted its Sunrun price target to $11 while retaining a Buy rating. These calls may support the firm’s investment-banking and research franchise, but they do not materially change GS earnings expectations.
• Negative Sentiment: Higher bond yields have contributed to a broad sell-off in Goldman and other financial stocks, reducing investor appetite for risk and pressuring GS valuation.
• Negative Sentiment: Citi reportedly moved ahead of Goldman in global IPO underwriting rankings after winning several major listings. Losing the long-held leadership position could raise concerns about future equity-capital-markets fees and deal flow. Is Goldman Sachs Losing Its Grip On Global IPO Underwriting?
• Negative Sentiment: A breach at EY exposed data involving some Goldman wealth-management clients. Goldman says its own systems were not affected and client assets remain safe, limiting the direct impact but creating reputational and client-confidence risks.
• Negative Sentiment: UBS lowered its expectations for GS’s share price, adding to the cautious analyst sentiment surrounding the stock.

Hedge Funds Weigh In On The Goldman Sachs Group

Several hedge funds and other institutional investors have recently modified their holdings of GS. Turim 21 Investimentos Ltda. purchased a new stake in shares of The Goldman Sachs Group during the first quarter worth about $25,000. Strive Financial Group LLC lifted its holdings in shares of The Goldman Sachs Group by 316.7% in the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after acquiring an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. grew its stake in shares of 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 valued at $26,000 after buying an additional 17 shares during the last quarter. Steph & Co. bought a new stake in shares of The Goldman Sachs Group during the first quarter valued at approximately $27,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in The Goldman Sachs Group in the fourth quarter worth about $29,000. 71.21% of the stock is owned by institutional investors.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

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.