Artemis Investment Management LLP raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 3.2% during the third quarter, Holdings Channel reports. The firm owned 98,708 shares of the investment management company’s stock after buying an additional 3,080 shares during the period. Artemis Investment Management LLP’s holdings in The Goldman Sachs Group were worth $88,873,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Titleist Asset Management LLC increased its position in The Goldman Sachs Group by 2.8% in the 3rd quarter. Titleist Asset Management LLC now owns 1,345 shares of the investment management company’s stock valued at $1,211,000 after acquiring an additional 36 shares in the last quarter. Apella Capital LLC increased its stake in shares of The Goldman Sachs Group by 117.6% in the 3rd quarter. Apella Capital LLC now owns 2,289 shares of the investment management company’s stock valued at $2,031,000 after acquiring an additional 1,237 shares during the last quarter. Everhart Financial Group Inc. raised its holdings in The Goldman Sachs Group by 2.5% in the third quarter. Everhart Financial Group Inc. now owns 3,660 shares of the investment management company’s stock worth $3,296,000 after purchasing an additional 90 shares during the period. Valeo Financial Advisors LLC grew its stake in The Goldman Sachs Group by 0.9% in the third quarter. Valeo Financial Advisors LLC now owns 8,056 shares of the investment management company’s stock valued at $7,253,000 after acquiring an additional 70 shares during the period. Finally, New Covenant Trust Company N.A. raised its holdings in The Goldman Sachs Group by 12.1% during the 3rd quarter. New Covenant Trust Company N.A. now owns 527 shares of the investment management company’s stock worth $474,000 after buying an additional 57 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.
Analyst Upgrades and Downgrades
GS has been the topic of a number of research reports. Weiss Ratings raised shares of The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. JPMorgan Chase & Co. increased their target price 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. Wall Street Zen cut The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Sunday, September 13th. UBS Group reduced 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 report on Monday. Finally, Citigroup dropped their price objective on shares of The Goldman Sachs Group from $1,200.00 to $1,050.00 and set a “neutral” rating for the company in a research note on Wednesday, September 23rd. Eleven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $1,055.09.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: TD Cowen initiated coverage with a “buy” rating and a $1,050 price target, implying substantial upside from recent levels. The call adds fresh analyst support ahead of Goldman’s third-quarter earnings report. Benzinga analyst coverage report
- Positive Sentiment: Goldman is reportedly preparing more than $500 million in special equity bonuses for CEO David Solomon and other senior executives, reflecting outperformance versus most rivals over a five-year period. While costly, the awards signal confidence in leadership and long-term results. New York Post bonus report
- Neutral Sentiment: Wall Street projections for the quarter ended September 2026 are focusing on trading, investment banking and asset-management metrics. The preview could increase volatility ahead of Goldman’s earnings release but does not yet provide reported results. Zacks earnings preview
- Neutral Sentiment: A senior Goldman banker is set to co-lead technology banking, a move that could support dealmaking and retain talent, although the immediate financial impact is unclear. The Information banking report
- Negative Sentiment: Goldman and its wealth-management clients were caught up in an EY data breach. Goldman says its own systems were not compromised and client assets remain safe, but the incident creates reputational and potential compliance concerns. Quartz data-breach report
- Negative Sentiment: Citi has reportedly overtaken Goldman in global IPO underwriting after winning several high-profile listings, raising concerns that Goldman could lose future equity-capital-markets mandates and fee revenue. Yahoo Finance IPO underwriting report
- Negative Sentiment: CEO David Solomon has indicated Goldman is not yet ready to raise its 14%–16% through-the-cycle ROE target. Investors may view the lack of an upgrade as evidence that profitability expectations have limited room to improve. TIKR ROE analysis
The Goldman Sachs Group Trading Down 0.6%
GS stock traded down $5.17 during mid-day trading on Thursday, reaching $882.04. The company’s stock had a trading volume of 643,766 shares, compared to its average volume of 2,195,412. The Goldman Sachs Group, Inc. has a 12 month low of $740.01 and a 12 month high of $1,153.99. 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 company has a market cap of $256.82 billion, a price-to-earnings ratio of 13.57, a price-to-earnings-growth ratio of 0.98 and a beta of 1.29. The business’s 50 day moving average price is $995.67 and its 200 day moving average price is $987.40.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The firm had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter last year, the firm earned $10.91 EPS. The company’s quarterly revenue was up 39.4% compared to the same quarter last year. On average, equities research analysts predict that The Goldman Sachs Group, Inc. will post 67.92 EPS for the current year.
The Goldman Sachs Group Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were paid a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 2.3%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend was Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is 30.87%.
The Goldman Sachs Group Company Profile
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.
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