BNC Wealth Management LLC Acquires 1,259 Shares of The Goldman Sachs Group, Inc. $GS

BNC Wealth Management LLC raised its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 38.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,535 shares of the investment management company’s stock after purchasing an additional 1,259 shares during the quarter. BNC Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $3,612,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Dogwood Wealth Management LLC lifted its stake in shares of The Goldman Sachs Group by 1,800.0% during the second quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 36 shares during the period. Clearstead Trust LLC bought a new position in The Goldman Sachs Group during the second quarter worth about $31,000. Graney & King LLC lifted its holdings in The Goldman Sachs Group by 51.5% during the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after acquiring an additional 17 shares in the last quarter. Ridgewood Investments LLC grew its stake in The Goldman Sachs Group by 45.9% in the second quarter. Ridgewood Investments LLC now owns 54 shares of the investment management company’s stock valued at $38,000 after acquiring an additional 17 shares during the period. Finally, MeadowBrook Investment Advisors LLC bought a new position in The Goldman Sachs Group in the second quarter valued at approximately $39,000. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman publicly reiterated that a year‑end “Santa Claus” rebound remains possible and highlighted tech strength driving upside for equities — a view that can lift prop/trading revenue and boost investor sentiment toward GS’s markets and investment‑banking franchise. Goldman Sachs (GS) Doubles Down on ‘Santa Claus Rally,’ Sees Stocks Rising Into Year’s End
• Positive Sentiment: Goldman hired Qatalyst co‑founder Michael Cayne to help expand its software‑banking push — a strategic talent add that signals intent to grow tech M&A and advisory fees. Exclusive-Goldman hires Qatalyst co-founder Cayne for software banking push, sources say
• Positive Sentiment: Goldman’s alternatives unit is in focus: senior leadership commentary and a $100M growth‑equity round led by Goldman Alternatives (Neural Concept) underscore accelerating fee‑generating private markets activity. That supports recurring management and performance fees. Neural Concept Closes $100M Funding Round Led by Growth Equity at Goldman Sachs Alternatives to Scale AI‑Native Engineering
• Positive Sentiment: Goldman and peers expect India’s IPO boom to extend into 2026, which implies a stronger investment‑banking pipeline and potential underwriting fees for global bankers including GS. Goldman, JPMorgan see D-Street’s record IPO boom extending to 2026
• Positive Sentiment: Broker research support: an outside firm (Keefe, Bruyette & Woods) recently issued a bullish outlook for GS shares — analyst upgrades/price‑target moves can draw incremental investor interest. Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for The Goldman Sachs Group (NYSE:GS) Stock
• Neutral Sentiment: Goldman’s research team issued commodity/market calls (e.g., projecting higher gold prices into 2026) and continues active analyst coverage — these views shape trading flows but are mixed in their direct impact on bank fundamentals. Goldman Sachs (GS) Sees the Price of Gold Rising Another 12% in 2026
• Neutral Sentiment: Goldman’s analyst activity (e.g., coverage moves on names like Texas Instruments) is generating headlines; this underscores the firm’s research reach but is indirect for GS’s own earnings. Texas Instruments Stock (TXN) Opinions on Goldman Sachs Downgrade and Sherman Fab Launch
• Negative Sentiment: Separate investor commentary flags an “excessive NAV discount” for Goldman Sachs BDC, which could weigh on investor sentiment for GS’s listed credit/business‑development products and highlight valuation gaps in parts of its ecosystem. Goldman Sachs BDC: Excessive NAV Discount

The Goldman Sachs Group Trading Up 2.0%

Shares of NYSE:GS opened at $893.83 on Friday. The business’s 50 day simple moving average is $810.10 and its 200 day simple moving average is $753.88. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $919.10. The company has a debt-to-equity ratio of 2.53, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $268.09 billion, a P/E ratio of 18.16, a P/E/G ratio of 1.18 and a beta of 1.36.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share for the quarter, beating analysts’ consensus estimates of $10.27 by $1.98. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%.The firm had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $13.68 billion. During the same period in the prior year, the company posted $8.40 EPS. The company’s revenue was up 19.5% compared to the same quarter last year. On average, research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd will be issued a $4.00 dividend. This represents a $16.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.50%.

Analysts Set New Price Targets

GS has been the topic of several recent research reports. Barclays lifted their price target on The Goldman Sachs Group from $720.00 to $850.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. HSBC increased their price target on The Goldman Sachs Group from $652.00 to $677.00 in a research report on Thursday, October 2nd. Keefe, Bruyette & Woods raised their target price on shares of The Goldman Sachs Group from $870.00 to $971.00 and gave the company a “market perform” rating in a research note on Wednesday. BNP Paribas Exane boosted their price target on The Goldman Sachs Group from $685.00 to $775.00 and gave the stock a “neutral” rating in a research report on Friday, October 17th. Finally, Wells Fargo & Company upped their price objective on The Goldman Sachs Group from $785.00 to $855.00 and gave the company an “overweight” rating in a research note on Tuesday, September 16th. Four investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and a consensus price target of $792.67.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.