BigSur Wealth Management LLC lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 10.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,259 shares of the investment management company’s stock after selling 747 shares during the quarter. The Goldman Sachs Group comprises about 1.2% of BigSur Wealth Management LLC’s holdings, making the stock its 19th largest holding. BigSur Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $4,984,000 as of its most recent filing with the SEC.
Other institutional investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its holdings in shares of The Goldman Sachs Group by 617,504.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 29,058,291 shares of the investment management company’s stock worth $20,566,005,000 after acquiring an additional 29,053,586 shares during the period. Norges Bank acquired a new stake in The Goldman Sachs Group during the second quarter worth about $2,138,031,000. Ninety One UK Ltd purchased a new position in The Goldman Sachs Group during the second quarter worth about $408,780,000. AGF Management Ltd. raised its stake in The Goldman Sachs Group by 2,429.6% during the second quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock worth $343,524,000 after purchasing an additional 466,187 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its holdings in The Goldman Sachs Group by 100,678.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock valued at $286,017,000 after purchasing an additional 403,721 shares during the last quarter. Hedge funds and other 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:
- Positive Sentiment: Goldman is rolling out firmwide AI (OneGS 3.0) and an AI assistant to boost productivity and reshape banking workflows — a move investors view as a long-term operating-leverage and fee-growth catalyst for investment banking and trading. How Goldman Is Scaling AI to Transform Its Business Operations
- Positive Sentiment: Goldman research expects the U.S. economy to “substantially outperform” in 2026 (GDP +2.6%), which supports trading volumes, rates and M&A activity — positive for GS’s markets and advisory businesses. U.S. Economy to ‘Substantially Outperform’ in 2026, Says Goldman
- Positive Sentiment: Goldman’s 2026 commodities outlook highlights opportunities in energy, metals and gold driven by geopolitics, AI-driven demand and energy security — a positive signal for GS’s commodities trading and research franchise. Commodities Are Your 2026 Portfolio Insurance
- Neutral Sentiment: Goldman Sachs BDC amended its revolving credit facility to expand liquidity — supportive for the BDC unit’s stability but only indirectly relevant to GS parent results. Goldman Sachs BDC Expands Credit Facility and Liquidity
- Neutral Sentiment: Goldman research expects continued growth for Chinese equities in 2026 — a positive thematic for fees in Asia, but exposure depends on GS’s regional client mix. Goldman forecasts continued growth for Chinese stocks in 2026 as risks fade
- Negative Sentiment: Quarterly earnings previews suggest analysts expect a low-single-digit decline in Q4 EPS — a near-term headwind that could cap upside until results and guidance. Goldman Sachs’ Quarterly Earnings Preview
- Negative Sentiment: Goldman warns the historic stock-market run may be ending — a cautionary macro view that can weigh on risk assets and trading volumes, pressuring short-term revenue. Wave Goodbye To the Stock Market’s Historic Run, Goldman Sachs Says
- Negative Sentiment: Analysts/aggregators currently give GS a consensus “Hold” and some commentary questions near-term upside after a large YTD rally — valuation scrutiny that could limit further multiple expansion. The Goldman Sachs Group, Inc. Receives Consensus Recommendation of “Hold”
The Goldman Sachs Group Price Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Tuesday, October 14th. The investment management company reported $12.25 EPS for the quarter, beating analysts’ consensus estimates of $10.27 by $1.98. The company had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $13.68 billion. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%.The Goldman Sachs Group’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period last year, the business posted $8.40 EPS. On average, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.
The Goldman Sachs Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Tuesday, December 2nd will be issued a $4.00 dividend. The ex-dividend date is Tuesday, December 2nd. This represents a $16.00 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s payout ratio is 32.50%.
Wall Street Analyst Weigh In
GS has been the subject of a number of recent analyst reports. Rothschild & Co Redburn raised their price target on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 15th. Citigroup raised their target price on The Goldman Sachs Group from $700.00 to $765.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Deutsche Bank Aktiengesellschaft upped their price target on The Goldman Sachs Group from $725.00 to $790.00 and gave the company a “hold” rating in a research note on Tuesday, September 30th. Finally, Dbs Bank increased their price target on The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average 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.
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