Nippon Life Global Investors Americas Inc. trimmed its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 11.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 41,000 shares of the investment management company’s stock after selling 5,310 shares during the quarter. The Goldman Sachs Group comprises 1.5% of Nippon Life Global Investors Americas Inc.’s holdings, making the stock its 20th biggest holding. Nippon Life Global Investors Americas Inc.’s holdings in The Goldman Sachs Group were worth $36,915,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. MeadowBrook Investment Advisors LLC boosted its holdings in The Goldman Sachs Group by 22.1% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 513 shares of the investment management company’s stock worth $457,000 after buying an additional 93 shares during the period. DecisionMap Wealth Management LLC boosted its holdings in shares of The Goldman Sachs Group by 3.1% in the third quarter. DecisionMap Wealth Management LLC now owns 361 shares of the investment management company’s stock worth $325,000 after acquiring an additional 11 shares during the period. Bell Investment Advisors Inc grew its position in shares of The Goldman Sachs Group by 5.0% in the third quarter. Bell Investment Advisors Inc now owns 274 shares of the investment management company’s stock valued at $247,000 after purchasing an additional 13 shares in the last quarter. Columbia Bank grew its holdings in The Goldman Sachs Group by 42.2% during the 3rd quarter. Columbia Bank now owns 657 shares of the investment management company’s stock valued at $592,000 after buying an additional 195 shares in the last quarter. Finally, Hoey Investments Inc. boosted its position in shares of The Goldman Sachs Group by 3.9% in the third quarter. Hoey Investments Inc. now owns 14,385 shares of the investment management company’s stock valued at $12,952,000 after acquiring an additional 534 shares during the period. 71.21% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts have issued reports on GS shares. Weiss Ratings cut shares of The Goldman Sachs Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Zacks Research downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Wall Street Zen raised The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. Finally, Wells Fargo & Company reduced their target price on 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. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $1,049.52.
View Our Latest Report on The Goldman Sachs Group
Insiders Place Their Bets
In other The Goldman Sachs Group news, CEO David M. Solomon sold 12,000 shares of The Goldman Sachs Group stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the completion of the sale, the chief executive officer owned 159,180 shares of the company’s stock, valued at $144,968,409.60. The trade was a 7.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ericka T. Leslie sold 100 shares of the firm’s stock in a transaction dated Wednesday, October 28th. The shares were 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 in the company, valued at approximately $9,688,888.80. This represents a 0.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,500 shares of company stock valued at $11,380,508 over the last ninety days. 0.55% of the stock is currently owned by insiders.
The Goldman Sachs Group News Roundup
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 Trading Down 0.2%
Shares of GS opened at $892.49 on Monday. The firm’s 50 day simple moving average is $947.65 and its 200 day simple moving average is $958.04. The company has a market capitalization 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 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, Inc. has a 1-year low of $754.00 and a 1-year high of $1,153.99.
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 net margin of 15.77% and a return on equity of 19.55%. The business had revenue of $18.68 billion during the quarter, compared to analyst estimates of $16.83 billion. During the same period in the previous year, the business posted $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 forecast that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current fiscal year.
The Goldman Sachs Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be issued a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. The Goldman Sachs Group’s payout ratio is currently 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.
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