3,080 The Goldman Sachs Group, Inc. $GS Shares Acquired by Artemis Investment Management LLP

Key Points

• Artemis Investment Management increased its Goldman Sachs stake by 3.2%, acquiring 3,080 additional shares for a total of 98,708 shares valued at approximately $88.9 million. Institutional investors own 71.21% of GS.
• Goldman shares fell 0.6% to $882.04, while analysts maintained a consensus “Hold” rating and an average price target of $1,055.09. The company’s latest quarterly results exceeded expectations, with revenue up 39.4% year over year.
• Goldman raised its quarterly dividend to $5.00 per share, or $20.00 annually, representing a 2.3% yield and a 30.87% payout ratio.

Artemis Investment Management LLP boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 98,708 shares of the investment management company's stock after acquiring an additional 3,080 shares during the quarter. Artemis Investment Management LLP's holdings in The Goldman Sachs Group were worth $88,873,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in GS. Strive Financial Group LLC boosted its position in The Goldman Sachs Group by 316.7% in the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company's stock worth $25,000 after purchasing an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. increased its stake in shares of The Goldman Sachs Group by 188.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company's stock worth $26,000 after purchasing an additional 17 shares during the last quarter. Turim 21 Investimentos Ltda. bought a new stake in shares of The Goldman Sachs Group in the 1st quarter worth approximately $25,000. Steph & Co. bought a new position in The Goldman Sachs Group during the first quarter valued at $27,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in The Goldman Sachs Group in the fourth quarter worth $29,000. 71.21% of the stock is owned by institutional investors.

Key Stories Impacting The Goldman Sachs Group

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on GS shares. Keefe, Bruyette & Woods upped their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a "market perform" rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. increased their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a "neutral" rating in a report on Wednesday, July 15th. Zacks Research downgraded shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Friday, September 18th. Weiss Ratings raised shares of The Goldman Sachs Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, September 25th. Finally, Citigroup cut their price target 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 report on Wednesday, September 23rd. Eleven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $1,055.09.

The Goldman Sachs Group Stock Down 0.6%

Shares of GS 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 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 has a fifty day moving average of $995.67 and a 200 day moving average of $987.40. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17. The Goldman Sachs Group, Inc. has a 1 year low of $740.01 and a 1 year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $16.22 billion. During the same period in the previous year, the firm posted $10.91 earnings per share. The firm's revenue was up 39.4% on a year-over-year basis. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 67.92 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st were paid a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's dividend payout ratio (DPR) is 30.87%.

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.

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