Galvin Gaustad & Stein LLC Sells 21,658 Shares of The Goldman Sachs Group, Inc. $GS

Galvin Gaustad & Stein LLC decreased its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 89.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,571 shares of the investment management company’s stock after selling 21,658 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in The Goldman Sachs Group were worth $2,047,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Winthrop Advisory Group LLC boosted its stake in The Goldman Sachs Group by 3.4% during the second quarter. Winthrop Advisory Group LLC now owns 429 shares of the investment management company’s stock worth $303,000 after buying an additional 14 shares during the period. Avion Wealth lifted its holdings in shares of The Goldman Sachs Group by 31.1% in the 2nd quarter. Avion Wealth now owns 59 shares of the investment management company’s stock worth $41,000 after acquiring an additional 14 shares during the last quarter. KPP Advisory Services LLC boosted its stake in shares of The Goldman Sachs Group by 2.1% during the 2nd quarter. KPP Advisory Services LLC now owns 668 shares of the investment management company’s stock worth $473,000 after purchasing an additional 14 shares during the period. FAS Wealth Partners Inc. grew its holdings in The Goldman Sachs Group by 2.2% during the 2nd quarter. FAS Wealth Partners Inc. now owns 653 shares of the investment management company’s stock valued at $462,000 after purchasing an additional 14 shares during the last quarter. Finally, Ignite Planners LLC raised its position in The Goldman Sachs Group by 4.2% in the 3rd quarter. Ignite Planners LLC now owns 351 shares of the investment management company’s stock worth $280,000 after purchasing an additional 14 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on GS shares. Keefe, Bruyette & Woods boosted their target price on The Goldman Sachs Group from $870.00 to $971.00 and gave the company a “market perform” rating in a research report on Wednesday, December 17th. Barclays boosted their price objective on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday. Dbs Bank increased their target price on The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Finally, Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 16th. Five investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $852.28.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman topped global M&A league tables in 2025 with $1.48 trillion of deals, underlining its deal pipeline and franchise strength that support advisory revenue and fees. Goldman Sachs tops global M&A rankings with $1.48 trillion in deals
• Positive Sentiment: Jefferies raised its GS price target sharply to $1,087 and kept a Buy rating — a bullish analyst signal that likely helped push the stock higher. Jefferies adjusts price target on Goldman Sachs
• Positive Sentiment: Barclays and Wells Fargo also lifted targets (Barclays to $1,048 reported; Wells Fargo to $970 with an Overweight), reinforcing buy-side momentum and supporting higher valuation multiples. Goldman Sachs price target raised to $1,048 from $850 at Barclays
• Positive Sentiment: BMO raised its target to $980 (Market Perform) — another vote of confidence that provides incremental support for the share price. BMO raises target on Goldman Sachs
• Neutral Sentiment: Daiwa raised its target to $927 but kept a Neutral rating (target is slightly below current levels), which tempers upside expectations for some investors. Daiwa adjusts price target on Goldman Sachs
• Neutral Sentiment: Goldman’s research and thematic calls (crypto regulatory clarity promoting institutional adoption; macro views such as a bullish S&P 500 call) keep the firm visible and can drive trading and research-led client flows, but these are indirect drivers of revenue. Goldman Sachs Says Crypto Rules Will Promote Institutional Adoption
• Neutral Sentiment: Goldman research and analyst activity around other companies (e.g., TSMC, Coinbase, Wealthfront coverage) demonstrates the firm’s influence on markets but impacts GS earnings indirectly through trading and investment banking pipelines. Coinbase stock jumps on Goldman Sachs upgrade

The Goldman Sachs Group Stock Performance

GS stock opened at $955.05 on Wednesday. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $961.69. The business has a 50-day moving average price of $843.27 and a 200 day moving average price of $778.94. The company has a market capitalization of $286.45 billion, a P/E ratio of 19.40, a PEG ratio of 1.11 and a beta of 1.33. 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 Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.27 by $1.98. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The company had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $13.68 billion. During the same period in the prior year, the business earned $8.40 EPS. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. As a group, equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd were issued a dividend of $4.00 per share. The ex-dividend date was Tuesday, December 2nd. This represents a $16.00 dividend on an annualized basis and a yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio is currently 32.50%.

About The Goldman Sachs Group

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.