Knights of Columbus Asset Advisors LLC Sells 14,813 Shares of The Goldman Sachs Group, Inc. $GS

by · The Cerbat Gem

Knights of Columbus Asset Advisors LLC decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 53.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,045 shares of the investment management company’s stock after selling 14,813 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in The Goldman Sachs Group were worth $11,745,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Strive Financial Group LLC raised its position in The Goldman Sachs Group by 316.7% during the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after purchasing an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. grew its position in shares of The Goldman Sachs Group by 188.9% in the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after buying an additional 17 shares during the last quarter. Turim 21 Investimentos Ltda. bought a new stake in shares of The Goldman Sachs Group in the 1st quarter valued at about $25,000. Cherry Tree Wealth Management LLC increased its stake in shares of The Goldman Sachs Group by 100.0% in the third quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock valued at $27,000 after buying an additional 15 shares during the period. Finally, Clearstead Trust LLC acquired a new stake in shares of The Goldman Sachs Group in the second quarter valued at about $33,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on GS shares. Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Weiss Ratings cut The Goldman Sachs Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, October 28th. Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. BMO Capital Markets lowered their price target on shares of The Goldman Sachs Group from $970.00 to $950.00 and set a “market perform” rating for the company in a report on Monday, October 19th. Finally, Citigroup restated a “market perform” rating on shares of The Goldman Sachs Group in a research report on Wednesday, October 14th. 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 issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $1,052.04.

Get Our Latest Research Report on GS

Trending Headlines about The Goldman Sachs Group

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

  • Positive Sentiment: CEO David Solomon said demand for AI infrastructure financing remains strong, pointing to client activity and the bank’s role in AI-sector transactions. That could support financing and advisory opportunities for Goldman Sachs, though the revenue impact was not quantified. Goldman Sachs sees strong demand for AI infrastructure financing
  • Neutral Sentiment: Goldman Sachs is among 21 financial institutions backing Project Faro, which has secured about $270 million in total funding for a planned U.S. stablecoin venture. The group is targeting a 2027 launch, but Goldman’s individual contribution and the project’s potential returns were not disclosed, making the near-term financial effect uncertain. Goldman and Citi help fund $270 million stablecoin venture
  • Neutral Sentiment: A Goldman Sachs analyst reportedly projected that Anthropic could generate $685 billion in annual revenue by 2030. This is a forecast about an AI company—not Goldman Sachs—and is relevant mainly as a sign of the scale of the AI opportunity its banking and financing businesses may serve. Goldman Sachs predicts Anthropic could generate $685 billion in annual revenue
  • Negative Sentiment: A Zacks analysis cited slowing earnings as a risk heading into 2027, tempering the positive outlook from AI-related growth opportunities. Is Goldman Sachs an attractive investment option heading into 2027?

Insider Activity at The Goldman Sachs Group

In other news, insider Ericka T. Leslie sold 250 shares of the firm’s stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $890.25, for a total transaction of $222,562.50. Following the completion of the sale, the insider owned 10,710 shares of the company’s stock, valued at $9,534,577.50. This trade represents a 2.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO David M. Solomon sold 12,000 shares of The Goldman Sachs Group stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 12,500 shares of company stock worth $11,380,508. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Up 0.5%

Shares of NYSE:GS opened at $910.40 on Wednesday. The company has a market capitalization of $262.59 billion, a price-to-earnings ratio of 13.09, a P/E/G ratio of 0.85 and a beta of 1.29. The company has a debt-to-equity ratio of 3.20, a current ratio of 0.61 and a quick ratio of 0.61. The business’s 50-day moving average is $927.53 and its 200-day moving average is $956.14. The Goldman Sachs Group, Inc. has a 1 year low of $754.00 and a 1 year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Tuesday, October 13th. The investment management company reported $17.01 EPS for the quarter, beating the consensus estimate of $12.86 by $4.15. The Goldman Sachs Group had a return on equity of 20.21% and a net margin of 15.77%. The company had revenue of $18.68 billion for the quarter, compared to analyst estimates of $16.83 billion. During the same quarter in the prior year, the company earned $12.25 EPS. The firm’s revenue for the quarter was up 23.0% compared to the same quarter last year. Equities research analysts predict that The Goldman Sachs Group, Inc. will post 71.49 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

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

The Goldman Sachs Group Company Profile

(Free Report)

The Goldman Sachs Group, Inc. is a global financial services firm founded in 1869 and headquartered in New York City. It serves corporations, financial institutions, governments and individuals across major financial markets worldwide. The company’s businesses include investment banking, global markets, and asset and wealth management. Its services include advising on mergers and acquisitions and other strategic transactions, helping clients raise capital, facilitating trading and risk management, and managing investments and wealth for institutions and individuals.

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