572 The Goldman Sachs Group, Inc. $GS Shares Sold by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. trimmed its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,977 shares of the investment management company’s stock after selling 572 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in The Goldman Sachs Group were worth $46,901,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Endeavor Private Wealth Inc. raised its stake in shares of The Goldman Sachs Group by 4.4% during the third quarter. Endeavor Private Wealth Inc. now owns 428 shares of the investment management company’s stock worth $386,000 after purchasing an additional 18 shares during the last quarter. Spectrum Planning & Advisory Services Inc. grew its position in The Goldman Sachs Group by 14.6% in the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 598 shares of the investment management company’s stock valued at $539,000 after buying an additional 76 shares during the last quarter. CFM Wealth Partners LLC increased its stake in The Goldman Sachs Group by 0.7% in the 3rd quarter. CFM Wealth Partners LLC now owns 4,570 shares of the investment management company’s stock valued at $4,115,000 after buying an additional 32 shares during the period. Maryland State Retirement & Pension System increased its stake in The Goldman Sachs Group by 13.9% in the 3rd quarter. Maryland State Retirement & Pension System now owns 17,715 shares of the investment management company’s stock valued at $15,950,000 after buying an additional 2,165 shares during the period. Finally, UNIVEST FINANCIAL Corp raised its position in The Goldman Sachs Group by 20.9% during the 3rd quarter. UNIVEST FINANCIAL Corp now owns 491 shares of the investment management company’s stock worth $442,000 after buying an additional 85 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Citigroup reaffirmed a “market perform” rating on shares of The Goldman Sachs Group in a report on Wednesday, October 14th. Wells Fargo & Company reduced their price objective on shares of The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating for the company in a research report on Friday, September 25th. Royal Bank Of Canada decreased their price target on The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 14th. UBS Group cut their price objective on The Goldman Sachs Group from $1,010.00 to $1,000.00 and set a “neutral” rating for the company in a research report on Monday, November 2nd. Finally, JPMorgan Chase & Co. raised 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus target price of $1,052.04.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Ericka T. Leslie sold 100 shares of the company’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $926.28, for a total transaction of $92,628.00. Following the sale, the insider owned 10,460 shares in the company, valued at $9,688,888.80. This represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO David M. Solomon sold 12,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 159,180 shares in the company, valued at approximately $144,968,409.60. This represents a 7.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,500 shares of company stock worth $11,380,508 over the last 90 days. 0.55% of the stock is owned by company insiders.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $916.05 on Friday. The stock’s 50-day moving average is $921.83 and its 200-day moving average is $956.03. The company has a market cap of $264.22 billion, a price-to-earnings ratio of 13.17, a price-to-earnings-growth ratio of 0.85 and a beta of 1.29. The company has a debt-to-equity ratio of 3.20, a current ratio of 0.61 and a quick ratio of 0.61. The Goldman Sachs Group, Inc. has a 12 month low of $754.00 and a 12 month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, topping the consensus estimate of $12.86 by $4.15. The company had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $16.83 billion. The Goldman Sachs Group had a return on equity of 20.21% and a net margin of 15.77%. The company’s revenue was up 23.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $12.25 earnings per share. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 71.49 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be paid a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Wednesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is 28.76%.

Recent The Goldman Sachs Group Headlines

These are some of the GS headlines that stood out recently:

• Positive Sentiment: Goldman and HSBC are reported to have struck a Saudi financing deal, potentially creating lending and financing opportunities for the banks. Goldman Sachs, HSBC Strike Major Saudi Financing Deal
• Neutral Sentiment: Goldman expects AI-related investment to remain substantial but says its economic boost may peak in 2027. That could support financing and advisory demand in the near term, while raising questions about how durable the investment cycle will be. Goldman Sachs sees AI impulse peaking in 2027
• Negative Sentiment: Goldman’s latest commentary points to a harder-to-read economic outlook and the possibility of higher rates, while its market outlook anticipates slower earnings growth in 2027. A less certain rate and growth environment could dampen deal activity and investor risk appetite. Goldman Sachs sees a new problem emerging for the Federal Reserve Goldman’s outlook for earnings growth and the bull market

About The Goldman Sachs Group

The Goldman Sachs Group, Inc. is a global financial services firm founded in 1869 and headquartered in New York City. It serves corporations, financial institutions, governments and individuals across major financial markets worldwide. The company’s businesses include investment banking, global markets, and asset and wealth management. Its services include advising on mergers and acquisitions and other strategic transactions, helping clients raise capital, facilitating trading and risk management, and managing investments and wealth for institutions and individuals.