The Goldman Sachs Group (NYSE:GS) Stock Purchase Disclosed by Rep. Michael A. Rulli

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on October 2nd, the Representative disclosed that they had bought between $1,001 and $15,000 in The Goldman Sachs Group stock on September 3rd. The trade occurred in the Representative’s “MERRILL LYNCH SIMPLE MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/28/2026.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 9/3/2026.
• Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Allstate (NYSE:ALL) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS traded up $7.14 during midday trading on Tuesday, hitting $900.60. The stock had a trading volume of 355,556 shares, compared to its average volume of 2,193,584. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17. The stock has a 50 day moving average price of $1,000.26 and a two-hundred day moving average price of $986.21. The Goldman Sachs Group, Inc. has a 1 year low of $740.01 and a 1 year high of $1,153.99. The company has a market capitalization of $262.23 billion, a PE ratio of 13.91, a P/E/G ratio of 0.93 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The firm had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. During the same period in the previous year, the business earned $10.91 earnings per share. The company’s revenue for the quarter was up 39.4% compared to the same quarter last year. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 68.4 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st were given a $5.00 dividend. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date was Tuesday, September 1st. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s payout ratio is 30.87%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GS. Keefe, Bruyette & Woods boosted their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the stock a “market perform” rating in a report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. UBS Group decreased their target price on The Goldman Sachs Group from $1,150.00 to $1,010.00 and set a “neutral” rating on the stock in a research report on Monday. Wall Street Zen cut The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Sunday, September 13th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $1,055.60.

Institutional Trading of The Goldman Sachs Group

Several hedge funds and other institutional investors have recently bought and sold shares of GS. Audent Global Asset Management LLC increased its stake in shares of The Goldman Sachs Group by 10.1% in the 4th quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company’s stock valued at $4,604,000 after buying an additional 479 shares during the period. Wealthfront Advisers LLC bought a new position in The Goldman Sachs Group in the second quarter valued at approximately $53,720,000. Oak Grove Capital LLC acquired a new position in The Goldman Sachs Group in the 4th quarter worth $1,890,000. Sax Wealth Advisors LLC boosted its position in shares of The Goldman Sachs Group by 148.7% during the second quarter. Sax Wealth Advisors LLC now owns 3,529 shares of the investment management company’s stock worth $3,569,000 after buying an additional 2,110 shares during the period. Finally, Liontrust Investment Partners LLP grew its stake in shares of 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 worth $8,123,000 after acquiring an additional 8,735 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs’ market outlook remains constructive: its research indicates the S&P 500 could reach a record high before year-end, supported by reasonable historical valuations and favorable seasonal trends. This may support investor sentiment toward Goldman’s trading and investment-banking businesses. Goldman Sachs S&P 500 outlook
• Neutral Sentiment: BMO Capital Markets lowered its GS price target modestly from $972 to $970 while maintaining a “Market Perform” rating. The new target represents roughly 8.6% potential upside, but the neutral recommendation points to balanced risk and reward. BMO cuts Goldman Sachs price target
• Neutral Sentiment: Goldman Sachs is expected to report earnings on Tuesday. The pending results are a near-term catalyst, particularly after the company’s previous quarter substantially exceeded consensus estimates on earnings and revenue. Goldman Sachs earnings date
• Negative Sentiment: UBS cut its GS price target from $1,150 to $1,010 and retained a “Neutral” rating. Although the target remains above the current trading level, the sharp reduction signals greater caution regarding Goldman’s valuation or earnings outlook. UBS lowers Goldman Sachs price target
• Negative Sentiment: Citi overtook Goldman Sachs as the leading global IPO underwriter through September, following several large listings. Losing the top ranking could weigh modestly on sentiment because equity underwriting is an important source of Goldman’s investment-banking revenue. Citi overtakes Goldman Sachs in IPO underwriting

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.