The Goldman Sachs Group (NYSE:GS) Stock Purchase Disclosed by Rep. Michael A. Rulli

06 Oct 2026, 12:02 by Danessa Lincoln · The Markets Daily

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on October 2nd, the Representative disclosed that they had bought between $1,001 and $15,000 in The Goldman Sachs Group stock on September 3rd. The trade occurred in the Representative’s “MERRILL LYNCH SIMPLE MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/28/2026.
Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 9/3/2026.
Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
Sold $1,001 – $15,000 in shares of Allstate (NYSE:ALL) on 8/12/2026.
Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.

The Goldman Sachs Group Trading Down 1.0%

Shares of The Goldman Sachs Group stock opened at $893.52 on Tuesday. The company has a market capitalization of $260.17 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 0.93 and a beta of 1.29. The business has a fifty day simple moving average of $1,000.26 and a two-hundred day simple moving average of $986.21. The Goldman Sachs Group, Inc. has a 1 year low of $740.01 and a 1 year high of $1,153.99. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.63 and a quick ratio of 0.63.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The company had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The Goldman Sachs Group’s quarterly revenue was up 39.4% compared to the same quarter last year. During the same quarter last year, the company posted $10.91 EPS. Research analysts forecast that The Goldman Sachs Group, Inc. will post 68.4 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st were issued a dividend of $5.00 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 2.2%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s payout ratio is 30.87%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. upped their target price on The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. HSBC increased their target price on shares of The Goldman Sachs Group from $995.00 to $1,007.00 and gave the stock a “hold” rating in a research report on Monday, September 28th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, Oppenheimer cut The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and an average target price of $1,066.60.

Read Our Latest Research Report on GS

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GS. Rosenberg Matthew Hamilton raised its holdings in The Goldman Sachs Group by 5.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,165 shares of the investment management company’s stock valued at $1,049,000 after buying an additional 57 shares during the last quarter. Park National Corp OH grew its holdings in The Goldman Sachs Group by 45.0% during the 3rd quarter. Park National Corp OH now owns 474 shares of the investment management company’s stock worth $427,000 after acquiring an additional 147 shares during the last quarter. Baker Tilly Wealth Management LLC increased its position in The Goldman Sachs Group by 37.0% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 559 shares of the investment management company’s stock valued at $503,000 after acquiring an additional 151 shares during the period. Ferguson Wellman Capital Management Inc. raised its stake in shares of The Goldman Sachs Group by 8.6% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 1,241 shares of the investment management company’s stock valued at $1,117,000 after acquiring an additional 98 shares during the last quarter. Finally, Rockland Trust Co. lifted its holdings in shares of The Goldman Sachs Group by 3.1% during the third quarter. Rockland Trust Co. now owns 567 shares of the investment management company’s stock worth $511,000 after purchasing an additional 17 shares during the period. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting The Goldman Sachs Group

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

Positive Sentiment: Goldman Sachs’ hedge-fund research team remains bullish on U.S. equities, forecasting a potential record high for the S&P 500 by year-end. Stronger equity markets could support Goldman’s investment-banking, trading, and asset-management businesses. The S&P 500 is facing rate chaos and narrow breadth
Neutral Sentiment: The company is expected to report quarterly results soon, making the upcoming earnings release a near-term catalyst. Investors will likely focus on trading activity, deal volume, investment-banking fees, and updated guidance. The Goldman Sachs Group Projected to Release Earnings
Negative Sentiment: UBS lowered its price target on GS from $1,150 to $1,010 and maintained a Neutral rating. Although the revised target still implies potential upside, the reduction signals more cautious expectations for valuation and earnings growth. Goldman Sachs price target lowered by UBS
Negative Sentiment: Citigroup reportedly overtook Goldman Sachs as the leading global IPO underwriter through September after securing several major listings. Losing the top ranking may raise concerns about Goldman’s share of lucrative equity-capital-markets business, even though the overall IPO environment remains active. Citi overtakes Goldman Sachs in global IPO underwriting
Negative Sentiment: Goldman’s warnings that higher interest rates could intensify pressure on the U.S. government’s debt burden add to concerns about rate volatility and economic stress. Those conditions can weigh on market valuations and transaction activity. Rising interest rates and America’s debt pile

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

About The Goldman Sachs Group

(Get Free Report)

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.