Crystal Rock Capital Management lessened its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 7.7% during the third quarter, HoldingsChannel.com reports. The firm owned 7,835 shares of the investment management company’s stock after selling 650 shares during the period. The Goldman Sachs Group accounts for 3.7% of Crystal Rock Capital Management’s portfolio, making the stock its 11th biggest position. Crystal Rock Capital Management’s holdings in The Goldman Sachs Group were worth $7,054,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in GS. Wealthfront Advisers LLC bought a new stake in The Goldman Sachs Group during the second quarter worth $53,720,000. Envestnet Portfolio Solutions Inc. lifted its stake in The Goldman Sachs Group by 14.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,422 shares of the investment management company’s stock valued at $17,606,000 after acquiring an additional 2,230 shares during the last quarter. Sax Wealth Advisors LLC grew its position in shares of The Goldman Sachs Group by 148.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 3,529 shares of the investment management company’s stock valued at $3,569,000 after acquiring an additional 2,110 shares during the period. Baird Financial Group Inc. grew its position in shares of The Goldman Sachs Group by 2.9% in the 2nd quarter. Baird Financial Group Inc. now owns 110,233 shares of the investment management company’s stock valued at $111,487,000 after acquiring an additional 3,063 shares during the period. Finally, IPG Investment Advisors LLC increased its stake in shares of The Goldman Sachs Group by 21.3% during the 2nd quarter. IPG Investment Advisors LLC now owns 7,250 shares of the investment management company’s stock worth $7,332,000 after purchasing an additional 1,272 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
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 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 transaction, 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 position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO David M. Solomon sold 12,000 shares of the stock in a transaction 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 owned 159,180 shares in the company, valued at $144,968,409.60. The trade was a 7.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,500 shares of company stock valued at $11,380,508 over the last 90 days. Company insiders own 0.55% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on GS. Keefe, Bruyette & Woods dropped their target price on shares of The Goldman Sachs Group from $1,130.00 to $1,100.00 and set a “market perform” rating on the stock in a report on Wednesday, October 14th. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. UBS Group set a $942.00 price target on The Goldman Sachs Group in a research report on Monday. Royal Bank Of Canada lowered 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 report on Wednesday, October 14th. Finally, Wells Fargo & Company dropped their price objective on The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating on the stock in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Hold” and a consensus target price of $1,049.52.
Check Out Our Latest Report on GS
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs ranked among the leading financial advisers in the Middle East and Africa, advising on approximately $34.8 billion of M&A transactions during the first three quarters of 2026. Strong deal activity supports the outlook for investment-banking fees. Goldman Sachs and Rothschild lead MEA M&A financial advisory in Q1-Q3 2026
- Positive Sentiment: A Zacks article highlighted Goldman Sachs as a potentially attractive long-term holding, following its recent quarterly results that significantly exceeded analyst expectations. The bank reported $17.01 in quarterly EPS and $18.68 billion in revenue, with revenue up 23% year over year. Why Goldman Sachs is a Top Stock for the Long-Term
- Positive Sentiment: Goldman Sachs is adopting EquiLend’s 1Source distributed-ledger platform for securities finance. The technology could improve operational efficiency, reduce reconciliation breaks and lower processing costs, although the immediate earnings impact is unclear. EquiLend’s 1Source DLT Adds Goldman Sachs
- Neutral Sentiment: Goldman Sachs research projects substantial long-term growth in autonomous transportation, including a potential $415 billion robotaxi market and $560 billion autonomous-trucking market by 2035. The forecasts reinforce Goldman’s research franchise but do not directly change near-term earnings. Autonomous Vehicle Stocks Backed by Hedge Funds
- Negative Sentiment: CEO David Solomon sold 12,000 shares for approximately $10.9 million, reducing his direct holdings by 7.01%. Insider Ericka Leslie also sold a combined 250 shares for approximately $229,000. These transactions may weigh on sentiment, although they do not necessarily signal deteriorating business fundamentals. Goldman Sachs Insider Selling
The Goldman Sachs Group Price Performance
NYSE:GS opened at $927.10 on Friday. The company has a market cap of $269.94 billion, a P/E ratio of 13.33, a P/E/G ratio of 0.87 and a beta of 1.29. The firm’s fifty day moving average price is $949.85 and its two-hundred day moving average price is $958.33. The Goldman Sachs Group, Inc. has a one year low of $754.00 and a one year high of $1,153.99. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.10 and a quick ratio of 0.63.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.86 by $4.15. The company had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The Goldman Sachs Group’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter last year, the company posted $12.25 EPS. Equities analysts expect that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current year.
The Goldman Sachs Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be given a dividend of $5.00 per share. The ex-dividend date is Wednesday, December 2nd. This represents a $20.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 28.76%.
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.
Further Reading
- Five stocks we like better than The Goldman Sachs Group
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS – Free Report).
Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.
