The Goldman Sachs Group, Inc. $GS Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Trims Position

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 11.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 34,676 shares of the investment management company’s stock after selling 4,680 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in The Goldman Sachs Group were worth $31,221,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of The Goldman Sachs Group in the second quarter valued at $24,172,123,000. Bank of America Corp DE acquired a new stake in shares of The Goldman Sachs Group in the second quarter worth $6,756,772,000. Orange County Employees Retirement System purchased a new position in shares of The Goldman Sachs Group during the second quarter valued at $69,537,544,000. Bank of New York Mellon Corp purchased a new position in shares of The Goldman Sachs Group during the second quarter valued at $2,560,028,000. Finally, International Assets Investment Management LLC purchased a new position in shares of The Goldman Sachs Group during the first quarter valued at $2,024,921,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $892.49 on Friday. 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 fifty-two week low of $754.00 and a fifty-two week high of $1,153.99. The stock’s 50-day moving average is $947.65 and its two-hundred day moving average is $958.04. The firm has a market cap of $259.87 billion, a P/E ratio of 12.83, a PEG ratio of 0.88 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share 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 the consensus estimate of $16.83 billion. The Goldman Sachs Group had a return on equity of 19.55% and a net margin of 15.77%. The business’s quarterly revenue was up 23.0% on a year-over-year basis. During the same period last year, the business earned $12.25 EPS. Analysts predict 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Wednesday, December 2nd will be issued a $5.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is currently 28.76%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. TD Cowen started coverage on The Goldman Sachs Group in a research note on Thursday, October 8th. They set a “buy” rating and a $1,050.00 target price on the stock. Weiss Ratings downgraded The Goldman Sachs Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. UBS Group set a $942.00 target price on The Goldman Sachs Group in a report on Monday. Finally, HSBC increased their price target on shares of The Goldman Sachs Group from $995.00 to $1,007.00 and gave the stock a “hold” rating in a research report on Monday, September 28th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $1,049.52.

Get Our Latest Stock Analysis on The Goldman Sachs Group

Insider Buying and Selling

In other The Goldman Sachs Group news, insider Ericka T. Leslie sold 250 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $890.25, for a total value of $222,562.50. Following the completion of the sale, the insider directly owned 10,710 shares in the company, valued at $9,534,577.50. The trade was a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David M. Solomon sold 12,000 shares of the business’s stock in a transaction that occurred on 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 directly owned 159,180 shares of the company’s stock, valued at $144,968,409.60. This represents a 7.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,500 shares of company stock worth $11,380,508 in the last 90 days. 0.55% of the stock is currently owned by corporate insiders.

Trending Headlines about 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

About The Goldman Sachs Group

(Free Report)

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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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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