Mirae Asset Global Investments Co. Ltd. purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor purchased 99,297 shares of the investment management company’s stock, valued at approximately $89,403,000.
Other hedge funds also recently made changes to their positions in the company. Aviance Capital Partners LLC increased its holdings in shares of The Goldman Sachs Group by 0.8% during the third quarter. Aviance Capital Partners LLC now owns 6,449 shares of the investment management company’s stock worth $5,806,000 after buying an additional 54 shares in the last quarter. Stevens Capital Partners boosted its holdings in shares of The Goldman Sachs Group by 18.0% during the 3rd quarter. Stevens Capital Partners now owns 558 shares of the investment management company’s stock valued at $503,000 after acquiring an additional 85 shares in the last quarter. Profund Advisors LLC grew its position in The Goldman Sachs Group by 5.1% during the 3rd quarter. Profund Advisors LLC now owns 6,833 shares of the investment management company’s stock worth $6,152,000 after acquiring an additional 333 shares during the last quarter. Vise Technologies Inc. grew its position in The Goldman Sachs Group by 9.3% during the 3rd quarter. Vise Technologies Inc. now owns 17,880 shares of the investment management company’s stock worth $16,098,000 after acquiring an additional 1,521 shares during the last quarter. Finally, Investment Partners LTD. increased its holdings in The Goldman Sachs Group by 101.3% in the 3rd quarter. Investment Partners LTD. now owns 1,576 shares of the investment management company’s stock worth $1,420,000 after purchasing an additional 793 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have commented on GS. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. Loop Capital set a $1,050.00 price objective on The Goldman Sachs Group in a research note on Thursday, October 8th. Citigroup reiterated a “market perform” rating on shares of The Goldman Sachs Group in a report on Wednesday, October 14th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of The Goldman Sachs Group from $1,130.00 to $1,100.00 and set a “market perform” rating for the company in a report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $1,049.52.
Get Our Latest Research Report on The Goldman Sachs Group
Insider Activity at The Goldman Sachs Group
In related news, CEO David Solomon sold 12,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $910.72, for a total value of $10,928,640.00. Following the sale, the chief executive officer owned 159,180 shares of the company’s stock, valued at approximately $144,968,409.60. The trade was a 7.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ericka Leslie sold 100 shares of the firm’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $926.28, for a total value of $92,628.00. Following the completion of the sale, the insider directly owned 10,460 shares of the company’s stock, valued at $9,688,888.80. This represents a 0.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 12,500 shares of company stock valued at $11,380,508. 0.55% of the stock is currently owned by company insiders.
The Goldman Sachs Group Stock Down 3.8%
GS stock opened at $892.49 on Friday. The stock’s fifty day simple moving average is $947.65 and its two-hundred day simple moving average is $958.04. 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 Goldman Sachs Group, Inc. has a 1-year low of $754.00 and a 1-year high of $1,153.99. The stock has a market cap of $259.87 billion, a P/E ratio of 12.83, a P/E/G ratio of 0.84 and a beta of 1.29.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (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 firm had revenue of $18.68 billion during the quarter, compared to analyst estimates of $16.83 billion. The business’s revenue was up 23.0% compared to the same quarter last year. During the same period last year, the firm posted $12.25 EPS. Analysts expect that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current year.
The Goldman Sachs Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be paid a dividend of $5.00 per share. 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 dividend payout ratio (DPR) is presently 28.76%.
Key Stories 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
The Goldman Sachs Group Profile
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.
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