1,411 The Goldman Sachs Group, Inc. $GS Shares Purchased by Soltis Investment Advisors LLC

Key Points

• Soltis Investment Advisors increased its Goldman Sachs stake by 61% in the third quarter, purchasing 1,411 shares and bringing its holdings to 3,726 shares valued at approximately $3.36 million. Institutional investors collectively own 71.21% of the company.
• Goldman Sachs reported strong quarterly results, with EPS of $17.01 and revenue of $18.68 billion, exceeding analyst estimates and marking 23% year-over-year revenue growth.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and average price target of $1,049.52. The company also declared a quarterly dividend of $5 per share, while CEO David Solomon recently sold 12,000 shares.

Soltis Investment Advisors LLC grew its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 61.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,726 shares of the investment management company's stock after purchasing an additional 1,411 shares during the quarter. Soltis Investment Advisors LLC's holdings in The Goldman Sachs Group were worth $3,355,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of The Goldman Sachs Group in the second quarter valued at about $24,172,123,000. Bank of America Corp DE bought a new position in shares of The Goldman Sachs Group during the second quarter valued at about $6,756,772,000. Orange County Employees Retirement System purchased a new position in The Goldman Sachs Group during the second quarter worth about $69,537,544,000. Bank of New York Mellon Corp purchased a new position in The Goldman Sachs Group during the second quarter worth about $2,560,028,000. Finally, International Assets Investment Management LLC purchased a new position in The Goldman Sachs Group during the first quarter worth about $2,024,921,000. Institutional investors own 71.21% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Wall Street Zen raised shares of The Goldman Sachs Group from a "hold" rating to a "buy" rating in a research report on Saturday, October 24th. Citigroup restated a "market perform" rating on shares of The Goldman Sachs Group in a research note on Wednesday, October 14th. Royal Bank Of Canada reduced 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 report on Wednesday, October 14th. Finally, UBS Group set a $942.00 price target on The Goldman Sachs Group in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, The Goldman Sachs Group has a consensus rating of "Hold" and a consensus target price of $1,049.52.

Trending Headlines about 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

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $927.10 on Friday. The company's 50-day moving average is $949.85 and its 200 day moving average is $958.33. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.63 and a current ratio of 1.10. The company has a market capitalization of $269.94 billion, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 0.87 and a beta of 1.29. 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 Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings data 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 net margin of 15.77% and a return on equity of 19.55%. The business had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $16.83 billion. During the same quarter last year, the company posted $12.25 earnings per share. The firm's quarterly revenue was up 23.0% compared to the same quarter last year. On average, equities research analysts forecast that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be given a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 2nd. The Goldman Sachs Group's dividend payout ratio is currently 28.76%.

Insider Buying and Selling

In other news, CEO David Solomon sold 12,000 shares of the firm'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 $144,968,409.60. This trade represents a 7.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ericka Leslie sold 250 shares of the firm'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 approximately $9,534,577.50. The trade was a 2.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,500 shares of company stock valued at $11,380,508 over the last three months. Insiders own 0.55% of the company's stock.

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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