The Goldman Sachs Group, Inc. $GS Stock: Childress Capital Advisors LLC Cuts Holdings

Key Points

• Childress Capital Advisors cut its Goldman Sachs stake by 10.4% in the third quarter, selling 2,304 shares and retaining 19,788 shares valued at approximately $17.8 million.
• Institutional investors own 71.21% of GS, while insiders sold 12,500 shares worth about $11.4 million over the past three months, including CEO David Solomon’s $10.9 million sale.
• Goldman Sachs exceeded quarterly expectations with $17.01 in earnings per share and $18.68 billion in revenue, up 23% year over year. The company also announced a quarterly dividend of $5 per share, implying a 2.2% annualized yield.

Childress Capital Advisors LLC decreased its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 10.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,788 shares of the investment management company's stock after selling 2,304 shares during the quarter. The Goldman Sachs Group accounts for about 2.8% of Childress Capital Advisors LLC's investment portfolio, making the stock its 7th largest holding. Childress Capital Advisors LLC's holdings in The Goldman Sachs Group were worth $17,816,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GS. BlackRock Inc. acquired a new position in shares of The Goldman Sachs Group in the 2nd 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 2nd quarter valued at $6,756,772,000. Orange County Employees Retirement System acquired a new stake in shares of The Goldman Sachs Group in the second quarter worth about $69,537,544,000. Bank of New York Mellon Corp acquired a new stake in The Goldman Sachs Group in the 2nd quarter worth approximately $2,560,028,000. Finally, International Assets Investment Management LLC acquired a new position in The Goldman Sachs Group during the first quarter valued at approximately $2,024,921,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Ericka T. Leslie sold 250 shares of the business's stock in a transaction 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David M. Solomon sold 12,000 shares of the company's stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $910.72, for a total value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 12,500 shares of company stock valued at $11,380,508. 0.55% of the stock is currently owned by insiders.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $927.10 on Friday. The company has a 50-day moving average of $949.85 and a 200-day moving average of $958.33. The company has a market capitalization of $269.94 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 0.87 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 52 week low of $754.00 and a 52 week high of $1,153.99. 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 Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, beating analysts' consensus estimates of $12.86 by $4.15. The business 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $12.25 earnings per share. As a group, equities research analysts anticipate 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 business also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 2nd will be issued 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 dividend payout ratio is presently 28.76%.

More The Goldman Sachs Group News

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

Analyst Ratings Changes

A number of research firms have recently commented on GS. JPMorgan Chase & Co. lifted their price target on shares of The Goldman Sachs Group from $955.00 to $970.00 and gave the company a "neutral" rating in a research report on Friday, October 16th. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Wells Fargo & Company lowered their target price on shares of 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. Royal Bank Of Canada dropped their target price on shares of The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a "sector perform" rating on the stock in a report on Wednesday, October 14th. Finally, Evercore reissued an "outperform" rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $1,049.52.

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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