1,258 The Goldman Sachs Group, Inc. $GS Shares Purchased by Bokf Na

Key Points

• Bokf Na increased its Goldman Sachs stake by 6.7% in the third quarter, purchasing 1,258 shares and bringing its total holdings to 20,110 shares valued at approximately $18.1 million. Institutional investors and hedge funds collectively own 71.21% of GS.
• Goldman Sachs reported strong quarterly results, with EPS of $17.01 beating estimates of $12.86 and revenue rising 23% year over year to $18.68 billion. The company also declared a quarterly dividend of $5.00, equivalent to a 2.2% annualized yield.
• CEO David Solomon sold 12,000 shares for roughly $10.9 million, reducing his direct holdings by 7.01%. Analysts maintain an overall “Hold” rating, with an average price target of $1,049.52.

Bokf Na boosted its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 6.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,110 shares of the investment management company's stock after buying an additional 1,258 shares during the period. Bokf Na's holdings in The Goldman Sachs Group were worth $18,106,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of GS. North Dakota State Investment Board grew its holdings in shares of The Goldman Sachs Group by 3.9% in the third quarter. North Dakota State Investment Board now owns 8,833 shares of the investment management company's stock valued at $7,953,000 after purchasing an additional 331 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in The Goldman Sachs Group by 0.4% during the 3rd quarter. North Star Investment Management Corp. now owns 4,783 shares of the investment management company's stock worth $4,306,000 after buying an additional 19 shares in the last quarter. Lynx Investment Advisory lifted its holdings in The Goldman Sachs Group by 4.0% during the 3rd quarter. Lynx Investment Advisory now owns 785 shares of the investment management company's stock worth $707,000 after buying an additional 30 shares in the last quarter. Laurel Wealth Advisors LLC lifted its holdings in The Goldman Sachs Group by 11.7% during the 3rd quarter. Laurel Wealth Advisors LLC now owns 857 shares of the investment management company's stock worth $771,000 after buying an additional 90 shares in the last quarter. Finally, Generali Asset Management SPA SGR boosted its position in The Goldman Sachs Group by 19.9% in the 3rd quarter. Generali Asset Management SPA SGR now owns 32,420 shares of the investment management company's stock valued at $29,190,000 after buying an additional 5,386 shares during the period. Institutional investors and hedge funds own 71.21% of the company's stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: An analyst upgrade helped support GS shares. Goldman’s recent earnings showed substantial upside versus estimates, with earnings per share of $17.01 versus a $12.86 consensus and revenue growth of 23% year over year. Goldman Sachs Shares Climb on Analyst Upgrade
• Positive Sentiment: Goldman Sachs and Morgan Stanley are reportedly positioned to lead a planned Anthropic initial public offering. The mandate could generate underwriting and advisory fees while strengthening Goldman’s role in AI-related capital markets. Cramer Says Anthropic’s IPO Makes Goldman Sachs a Buy
• Positive Sentiment: Goldman ranked first by value among consumer M&A advisers in the first three quarters, advising on 10 transactions worth $57.14 billion. Continued deal activity could benefit its investment-banking revenue. Goldman Sachs Leads Consumer M&A Advisers
• Positive Sentiment: Goldman is using EquiLend’s distributed-ledger platform for securities finance, potentially improving operational efficiency and reducing reconciliation costs. The near-term earnings impact is likely limited, but the move supports longer-term modernization. EquiLend’s 1Source Adds Goldman Sachs
• Neutral Sentiment: Goldman’s research on AI’s effect on employment and its warnings about CoreWeave’s potentially approaching $100 billion of debt highlight both the commercial opportunity and financial risks surrounding the AI investment cycle. Goldman Sachs on CoreWeave Debt
• Negative Sentiment: CEO David Solomon sold 12,000 shares for approximately $10.9 million, reducing his direct holdings by 7.01%. The sale may weigh modestly on sentiment, although it does not by itself indicate deteriorating fundamentals. SEC Filing for David Solomon Share Sale

Insider Buying and Selling

In other news, CEO David M. Solomon sold 12,000 shares of the business's stock in a transaction that occurred on Tuesday, October 27th. The shares were 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 owned 159,180 shares in the company, valued at approximately $144,968,409.60. The trade was a 7.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ericka T. Leslie sold 250 shares of the business's stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $890.25, for a total transaction of $222,562.50. Following the sale, the insider owned 10,710 shares of the company's stock, 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. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $926.23 on Thursday. The stock has a market cap of $269.69 billion, a P/E ratio of 13.32, a price-to-earnings-growth ratio of 0.83 and a beta of 1.29. The company has a fifty day simple moving average of $951.75 and a 200-day simple moving average of $958.39. The Goldman Sachs Group, Inc. has a 12-month low of $754.00 and a 12-month high of $1,153.99. The company has a current ratio of 1.10, a quick ratio of 0.63 and a debt-to-equity ratio of 2.82.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly 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 company had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $16.83 billion. During the same period in the previous year, the business earned $12.25 EPS. The Goldman Sachs Group's revenue for the quarter was up 23.0% on a year-over-year basis. Equities analysts expect that The Goldman Sachs Group, Inc. will post 70.89 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently declared 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. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. The Goldman Sachs Group's dividend payout ratio is 28.76%.

Analyst Upgrades and Downgrades

GS has been the subject of several research reports. Citigroup restated a "market perform" rating on shares of The Goldman Sachs Group in a research note on Wednesday, October 14th. Wells Fargo & Company reduced their price objective on The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an "overweight" rating on the stock in a research note on Friday, September 25th. HSBC lifted their target price on The Goldman Sachs Group from $995.00 to $1,007.00 and gave the company a "hold" rating in a report on Monday, September 28th. Bank of America upped their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a "buy" rating in a report on Thursday, July 16th. Finally, Weiss Ratings lowered The Goldman Sachs Group from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $1,049.52.

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.

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