The Goldman Sachs Group, Inc. $GS Stock: Americana Partners LLC Boosts Position

Key Points

• Americana Partners increased its Goldman Sachs position by 22.1% in the third quarter to 10,724 shares valued at approximately $9.66 million. Institutional investors collectively own 71.21% of GS shares.
• Goldman Sachs reported stronger-than-expected quarterly results, with EPS of $17.01 and revenue of $18.68 billion, up 23% year over year. The company also declared a $5 quarterly dividend, or $20 annually, yielding about 2.2%.
• GS shares opened at $892.49 after declining 3.8%, while analysts maintain a consensus “Hold” rating and an average price target of $1,049.52. CEO David Solomon and other insiders recently sold shares, though insider ownership remains low at 0.55%.

Americana Partners LLC boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 22.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,724 shares of the investment management company's stock after acquiring an additional 1,939 shares during the quarter. Americana Partners LLC's holdings in The Goldman Sachs Group were worth $9,656,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Aprio Wealth Management LLC lifted its stake in shares of The Goldman Sachs Group by 7.6% in the third quarter. Aprio Wealth Management LLC now owns 2,529 shares of the investment management company's stock valued at $2,277,000 after purchasing an additional 178 shares during the period. Whelan Financial grew its position in The Goldman Sachs Group by 23.1% during the third quarter. Whelan Financial now owns 266 shares of the investment management company's stock worth $239,000 after buying an additional 50 shares during the period. International Assets Investment Management LLC acquired a new position in The Goldman Sachs Group during the third quarter worth about $261,104,000. Lebenthal Global Advisors LLC lifted its position in shares of The Goldman Sachs Group by 50.9% during the 3rd quarter. Lebenthal Global Advisors LLC now owns 1,378 shares of the investment management company's stock valued at $1,241,000 after acquiring an additional 465 shares during the period. Finally, Brian Low Financial Group LLC lifted its position in shares of The Goldman Sachs Group by 10.1% during the 3rd quarter. Brian Low Financial Group LLC now owns 2,017 shares of the investment management company's stock valued at $1,816,000 after acquiring an additional 185 shares during the period. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs reportedly is negotiating to acquire a controlling stake in South Korea’s Tmap Mobility. The potential transaction could expand the firm’s alternative-investment and technology exposure, although deal terms and financial impact remain uncertain. Goldman Sachs reportedly looking to acquire controlling stake in Tmap Mobility
• Positive Sentiment: Goldman Sachs advised on approximately $34.8 billion of Middle East and Africa M&A transactions during the first three quarters of 2026, supporting the outlook for investment-banking fees as deal activity improves. Goldman Sachs and Rothschild lead MEA M&A financial advisory
• Positive Sentiment: Goldman Sachs continues to receive favorable long-term commentary. Its latest reported quarter significantly exceeded expectations, with EPS of $17.01 and revenue of $18.68 billion, while the dividend remains supported by a relatively modest payout ratio. Why Goldman Sachs is a top stock for the long term
• Neutral Sentiment: Goldman’s research team continues to promote growth themes including artificial intelligence and autonomous transportation. These reports strengthen the firm’s research and advisory profile but have limited direct impact on near-term GS earnings. Autonomous vehicle stocks backed by hedge funds
• Negative Sentiment: Insider Ericka Leslie sold 100 shares at an average price of $926.28 after selling another 150 shares the prior day. CEO David Solomon also reportedly sold 12,000 shares. The transactions are small relative to total ownership and do not establish a fundamental problem, but repeated insider selling can weigh on investor sentiment. Goldman Sachs insider selling

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Citigroup restated a "market perform" rating on shares of The Goldman Sachs Group in a report on Wednesday, October 14th. Wells Fargo & Company dropped their target price 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 report on Friday, September 25th. Jefferies Financial Group set a $1,299.00 target price on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Freedom Broker raised shares of The Goldman Sachs Group from a "hold" rating to a "buy" rating and reduced their price target for the company from $1,200.00 to $1,100.00 in a report on Friday, October 23rd. Finally, Loop Capital set a $1,050.00 price target on shares of The Goldman Sachs Group in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of "Hold" and a consensus price target of $1,049.52.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, CEO David Solomon sold 12,000 shares of the firm's stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total value of $10,928,640.00. Following the sale, the chief executive officer directly owned 159,180 shares of the company's stock, valued at approximately $144,968,409.60. This trade represents a 7.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ericka Leslie sold 100 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $926.28, for a total value of $92,628.00. Following the completion of the sale, the insider owned 10,460 shares of the company's stock, valued at $9,688,888.80. This trade represents a 0.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 12,500 shares of company stock worth $11,380,508. 0.55% of the stock is owned by corporate insiders.

The Goldman Sachs Group Trading Down 3.8%

The Goldman Sachs Group stock opened at $892.49 on Friday. The stock has a 50-day moving average price of $947.65 and a 200 day moving average price of $958.04. The Goldman Sachs Group, Inc. has a 52 week low of $754.00 and a 52 week high of $1,153.99. The stock has a market cap of $259.87 billion, a PE ratio of 12.83, a P/E/G ratio of 0.88 and a beta of 1.29. 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 released its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.86 by $4.15. The company had revenue of $18.68 billion for the quarter, compared to analysts' expectations of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The firm's revenue for the quarter was up 23.0% compared to the same quarter last year. During the same period last year, the company earned $12.25 EPS. Equities research analysts predict that The Goldman Sachs Group, Inc. will post 70.89 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

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

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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