T3 Companies LLC Buys 1,029 Shares of The Goldman Sachs Group, Inc. $GS

T3 Companies LLC bought a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,029 shares of the investment management company’s stock, valued at approximately $926,000. The Goldman Sachs Group makes up 0.9% of T3 Companies LLC’s portfolio, making the stock its 23rd biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sky Investment Group LLC boosted its holdings in The Goldman Sachs Group by 0.9% during the second quarter. Sky Investment Group LLC now owns 1,168 shares of the investment management company’s stock worth $1,181,000 after purchasing an additional 10 shares during the last quarter. Warren Street Wealth Advisors LLC grew its position in The Goldman Sachs Group by 3.9% in the 2nd quarter. Warren Street Wealth Advisors LLC now owns 269 shares of the investment management company’s stock worth $272,000 after purchasing an additional 10 shares in the last quarter. First Financial Group Corp grew its position in The Goldman Sachs Group by 4.7% in the 1st quarter. First Financial Group Corp now owns 246 shares of the investment management company’s stock worth $208,000 after purchasing an additional 11 shares in the last quarter. Meadow Creek Wealth Advisors LLC increased its stake in The Goldman Sachs Group by 1.7% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 673 shares of the investment management company’s stock valued at $569,000 after buying an additional 11 shares during the last quarter. Finally, DecisionMap Wealth Management LLC increased its stake in The Goldman Sachs Group by 3.2% in the 2nd quarter. DecisionMap Wealth Management LLC now owns 350 shares of the investment management company’s stock valued at $354,000 after buying an additional 11 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Down 1.6%

NYSE:GS opened at $889.95 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.63 and a debt-to-equity ratio of 2.82. The stock has a market capitalization of $259.13 billion, a PE ratio of 12.80, a price-to-earnings-growth ratio of 0.85 and a beta of 1.29. The firm’s 50 day moving average is $962.95 and its 200 day moving average is $991.46. The Goldman Sachs Group, Inc. has a 12 month low of $744.66 and a 12 month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $16.83 billion. During the same quarter in the prior year, the business earned $12.25 earnings per share. The Goldman Sachs Group’s revenue for the quarter was up 23.0% on a year-over-year basis. Sell-side 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 announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be paid 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 payout ratio is presently 28.76%.

Wall Street Analyst Weigh In

GS has been the topic of several recent analyst reports. Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. JPMorgan Chase & Co. upped their target price on The Goldman Sachs Group from $955.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, October 16th. Citigroup reaffirmed a “market perform” rating on shares of The Goldman Sachs Group in a report on Wednesday, October 14th. Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $1,050.32.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman received a Zacks Rank #2 (Buy), reflecting improving earnings expectations. The upgrade adds support to the view that the stock’s recent weakness may offer value, particularly after the company’s latest quarterly earnings beat. Goldman upgraded to Buy
• Positive Sentiment: Goldman, JPMorgan and Morgan Stanley reportedly captured nearly 80% of top-five-bank equity-trading revenue this year, helped by strong hedge-fund demand for leveraged AI-related trades. This suggests favorable conditions for GS’s trading franchise, although the revenue environment may be cyclical. Banks dominating AI trading boom
• Positive Sentiment: Goldman’s recent quarterly results showed substantial upside to consensus estimates, with revenue also exceeding expectations and rising year over year. The results remain an important fundamental support for GS. Goldman earnings analysis
• Neutral Sentiment: Goldman research points to elevated short positioning in global equities and warns that a sharp rebound could trigger a short squeeze. That may create upside volatility for GS, but it also highlights fragile market conditions. Hedge fund short positioning
• Neutral Sentiment: Articles on Goldman’s housing, AI-labor, and gold-market forecasts increase attention around the firm’s research franchise but do not directly change GS earnings or guidance.
• Negative Sentiment: BMO Capital Markets lowered its expectations for GS shares, adding pressure to the stock after its strong earnings-driven run. BMO lowers Goldman expectations
• Negative Sentiment: Exchange-traded funds were reported as net sellers of GS, indicating near-term institutional supply that may be contributing to the stock’s decline. ETF selling of Goldman shares

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.