The Goldman Sachs Group, Inc. $GS Stock Sold by Sowell Financial Services LLC

Sowell Financial Services LLC lessened its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 12.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,437 shares of the investment management company’s stock after selling 777 shares during the quarter. Sowell Financial Services LLC’s holdings in The Goldman Sachs Group were worth $4,895,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. BlackRock Inc. acquired a new position in The Goldman Sachs Group during the second quarter worth $24,172,123,000. Bank of America Corp DE acquired a new position in The Goldman Sachs Group during the second quarter worth $6,756,772,000. Orange County Employees Retirement System purchased a new stake in shares of The Goldman Sachs Group in the second quarter valued at about $69,537,544,000. Bank of New York Mellon Corp purchased a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at approximately $2,560,028,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of The Goldman Sachs Group in the 1st quarter valued at approximately $2,024,921,000. 71.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on GS. Wells Fargo & Company cut their price target on shares of The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating for the company in a report on Friday, September 25th. TD Cowen started coverage on The Goldman Sachs Group in a report on Thursday, October 8th. They issued a “buy” rating and a $1,050.00 price objective on the stock. Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Royal Bank Of Canada cut their target price on The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 14th. Finally, Freedom Broker upgraded The Goldman Sachs Group from a “hold” rating to a “buy” rating and reduced their target price for the company from $1,200.00 to $1,100.00 in a research report on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $1,049.52.

The Goldman Sachs Group Price Performance

Shares of GS opened at $927.10 on Friday. The firm has a 50-day simple moving average of $949.85 and a two-hundred day simple moving average of $958.33. The stock has a market cap of $269.94 billion, a PE ratio of 13.33, a P/E/G ratio of 0.87 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 1-year low of $754.00 and a 1-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) last issued its quarterly earnings data on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, topping the consensus estimate of $12.86 by $4.15. The firm had revenue of $18.68 billion for the quarter, compared to analyst estimates of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The business’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same period in the prior year, the business posted $12.25 EPS. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 2nd will be given a $5.00 dividend. The ex-dividend date of this dividend 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 payout ratio is presently 28.76%.

Key Stories Impacting 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

Insiders Place Their Bets

In other news, CEO David M. Solomon sold 12,000 shares of The Goldman Sachs Group 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 completion of the sale, the chief executive officer directly owned 159,180 shares of the company’s stock, valued at approximately $144,968,409.60. The trade was a 7.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Ericka T. Leslie sold 250 shares of the business’s stock in a transaction 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 owned 10,710 shares in the company, valued at $9,534,577.50. This represents a 2.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,500 shares of company stock worth $11,380,508 over the last 90 days. 0.55% of the stock is owned by insiders.

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.