Aware Super Pty Ltd as trustee of Aware Super Buys 25,102 Shares of The Goldman Sachs Group, Inc. $GS

Key Points

• Aware Super sharply increased its Goldman Sachs position, buying 25,102 shares in the third quarter—a 12,426.7% increase—to hold 25,304 shares valued at about $22.8 million at quarter-end.
• Goldman reported quarterly earnings of $17.01 per share, beating the $12.86 analyst consensus; revenue of $18.68 billion also topped estimates and rose 23% year over year.
• Analyst sentiment is mixed: the stock has a consensus “Hold” rating and an average price target of $1,052.04. Goldman also declared a $5 quarterly dividend, equivalent to a 2.2% annualized yield.

Aware Super Pty Ltd as trustee of Aware Super increased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 12,426.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,304 shares of the investment management company's stock after buying an additional 25,102 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super's holdings in The Goldman Sachs Group were worth $22,783,000 at the end of the most recent quarter.

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

Key The Goldman Sachs Group News

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

• Neutral Sentiment: Goldman is reportedly in talks to acquire a controlling stake in a South Korean mobility app. The discussions could support expansion into a new business, but terms and the likelihood of a deal have not been disclosed. Article: Goldman Sachs Enters Talks For Controlling Stake In South Korean Mobility App
• Negative Sentiment: UBS lowered its price target on GS from $1,010 to $1,000 and maintained a Neutral rating, a modestly cautious signal from an analyst. Article: UBS Group price target update
• Negative Sentiment: The SPDR Dow Jones Industrial Average ETF reportedly sold its GS holding on Oct. 30 as it reduced all 30 positions. The sale may add some flow pressure, though it appears part of a broad portfolio reduction rather than a company-specific move. Article: SPDR Dow Jones Industrial Average ETF Sells Goldman Sachs
• Negative Sentiment: Goldman is restricting access to some AI coding tools largely to engineers and quantitative specialists, reversing broader employee access. The move reflects risk controls, but could temper expectations for productivity gains from widespread employee use of AI tools. Article: Goldman Benches Its Vibe Coders While BNY Lets Everyone Build

Wall Street Analysts Forecast Growth

A number of research analysts have commented on GS shares. Barclays upped their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. Wall Street Zen upgraded shares of The Goldman Sachs Group from a "hold" rating to a "buy" rating in a research note on Saturday, October 24th. 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 research report on Monday, September 28th. BMO Capital Markets dropped their price objective on shares of The Goldman Sachs Group from $970.00 to $950.00 and set a "market perform" rating for the company in a report on Monday, October 19th. Finally, Wells Fargo & Company dropped their price objective 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 research note on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, The Goldman Sachs Group has an average rating of "Hold" and a consensus target price of $1,052.04.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, 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 value of $222,562.50. Following the sale, the insider owned 10,710 shares of the company's stock, valued at $9,534,577.50. The trade was a 2.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO David M. Solomon sold 12,000 shares of the stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the sale, the chief executive officer directly owned 159,180 shares in the company, valued at $144,968,409.60. This represents a 7.01% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 12,500 shares of company stock worth $11,380,508. Insiders own 0.55% of the company's stock.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock opened at $894.43 on Wednesday. The Goldman Sachs Group, Inc. has a 52 week low of $754.00 and a 52 week high of $1,153.99. The firm has a market capitalization of $260.43 billion, a P/E ratio of 12.86, a PEG ratio of 0.85 and a beta of 1.29. The company has a quick ratio of 0.63, a current ratio of 1.10 and a debt-to-equity ratio of 2.82. The company has a 50 day moving average price of $941.95 and a 200 day moving average price of $957.66.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its earnings results on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, beating analysts' consensus estimates 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 return on equity of 19.55% and a net margin of 15.77%. The Goldman Sachs Group's revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $12.25 earnings per share. Sell-side analysts expect 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 declared a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be paid 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 dividend yield of 2.2%. The Goldman Sachs Group's payout ratio is currently 28.76%.

The Goldman Sachs Group Company 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.

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