The Goldman Sachs Group, Inc. $GS Stock Acquired by Talbot Financial LLC

Talbot Financial LLC boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 48,808 shares of the investment management company’s stock after purchasing an additional 971 shares during the quarter. The Goldman Sachs Group comprises 3.2% of Talbot Financial LLC’s holdings, making the stock its 7th biggest position. Talbot Financial LLC’s holdings in The Goldman Sachs Group were worth $43,945,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC bought a new stake in shares of The Goldman Sachs Group during the second quarter valued at about $53,720,000. Envestnet Portfolio Solutions Inc. grew its position in The Goldman Sachs Group by 14.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 17,422 shares of the investment management company’s stock valued at $17,606,000 after buying an additional 2,230 shares in the last quarter. Sax Wealth Advisors LLC grew its position in 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 buying an additional 2,110 shares in the last quarter. Baird Financial Group Inc. increased its stake in The Goldman Sachs Group by 2.9% during 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 buying an additional 3,063 shares during the period. Finally, Liontrust Investment Partners LLP increased its stake in The Goldman Sachs Group by 1,007.5% during the 1st quarter. Liontrust Investment Partners LLP now owns 9,602 shares of the investment management company’s stock valued at $8,123,000 after buying an additional 8,735 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock traded down $4.03 during trading on Monday, hitting $877.23. The stock had a trading volume of 1,105,072 shares, compared to its average volume of 2,216,792. The business has a fifty day moving average of $974.71 and a two-hundred day moving average of $990.62. The Goldman Sachs Group, Inc. has a fifty-two week low of $743.11 and a fifty-two week high of $1,153.99. The firm has a market cap of $255.42 billion, a P/E ratio of 12.62, a PEG ratio of 0.85 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 (NYSE:GS) last released 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 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 for the quarter, compared to analyst estimates of $16.83 billion. During the same period in the previous year, the company earned $12.25 earnings per share. The Goldman Sachs Group’s revenue was up 23.0% compared to the same quarter last year. On average, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 69.57 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders 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 dividend yield of 2.3%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 28.76%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs upgraded AI infrastructure provider CoreWeave to Buy from Neutral. Although the bank reduced its price target to $106 from $139, the upgrade signals confidence that project financing will remain available despite elevated borrowing costs and could support Goldman’s research reputation and client activity. CoreWeave Stock Gets a Goldman Upgrade Even as the Target Falls to $106 From $139
• Positive Sentiment: Dangote Cement appointed Goldman Sachs and UBS for a planned $1 billion London listing. The mandate could generate underwriting and advisory fees while reinforcing Goldman’s position in international equity capital markets. Dangote Cement Adds Goldman Sachs and UBS for Planned $1bn London Listing
• Positive Sentiment: Goldman Sachs CEO David Solomon highlighted tokenization of bonds, money-market funds and real estate as a potential new revenue stream. Progress in digital-asset infrastructure could provide longer-term growth opportunities beyond traditional banking. Goldman Sachs CEO Sees Tokenization as Wall Street’s Next Act
• Positive Sentiment: JPMorgan reportedly raised its price target for GS, providing an additional favorable signal from the analyst community. The Goldman Sachs Group Stock Gets Price Target Boost from JPMorgan Chase
• Neutral Sentiment: Goldman recommended several unloved consumer-facing stocks over large technology companies, reflecting a broader market-allocation view rather than a direct change to GS’s earnings outlook. Big Tech Is Wobbling: Goldman Sachs Says It’s Time to Buy These 23 Unloved Stocks Instead
• Negative Sentiment: Goldman’s caution that Micron may lag other memory-chip stocks could weigh modestly on perceptions of its technology-sector outlook, although the commentary has no direct material impact on GS’s financial results. Memory Stocks Rally as Tech Selloff Unwinds

Analysts Set New Price Targets

A number of analysts have commented on the stock. Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Oppenheimer lowered shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research note on Tuesday, June 30th. Keefe, Bruyette & Woods decreased 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. UBS Group lowered their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,010.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Finally, Weiss Ratings cut The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $1,051.23.

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.