The Goldman Sachs Group, Inc. $GS Shares Sold by Chemistry Wealth Management LLC

Posted by George Bondi on Oct 17th, 2026

Chemistry Wealth Management LLC cut its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 71.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 369 shares of the investment management company’s stock after selling 931 shares during the quarter. Chemistry Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $332,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Orange County Employees Retirement System acquired a new position in shares of The Goldman Sachs Group in the second quarter valued at approximately $69,537,544,000. BlackRock Inc. bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at about $24,172,123,000. Bank of America Corp DE acquired a new stake in shares of The Goldman Sachs Group in the second quarter valued at approximately $6,756,772,000. Bank of New York Mellon Corp bought a new stake in shares of The Goldman Sachs Group in the second quarter valued at approximately $2,560,028,000. Finally, Corient Private Wealth LLC lifted its position in shares of The Goldman Sachs Group by 1,657.7% during the 4th quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after acquiring an additional 2,448,767 shares during the period. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $880.48 on Friday. The stock has a market cap of $256.37 billion, a price-to-earnings ratio of 12.66, a P/E/G ratio of 0.94 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 1-year low of $740.01 and a 1-year high of $1,153.99. The stock’s 50-day moving average is $974.71 and its 200 day moving average is $989.34. The company has a current ratio of 1.10, a quick ratio of 0.63 and a debt-to-equity ratio of 2.82.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, topping the consensus estimate of $12.86 by $4.15. The business had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $16.83 billion. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 19.55%. The firm’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same period in the previous year, the firm posted $12.25 earnings per share. On average, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 68.54 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Investors 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 dividend on an annualized basis and a yield of 2.3%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 28.76%.

Key The Goldman Sachs Group News

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

Positive Sentiment: Goldman Sachs reported third-quarter net revenue of approximately $18.7 billion, its second-highest quarterly total, while earnings increased 39% year over year. Strong equities trading and investment-banking fees supported the results, and financing activities accounted for more than 40% of trading revenue year to date. Zacks Analyst Blog Highlights Goldman Sachs
Positive Sentiment: TD Cowen initiated coverage of Goldman Sachs with a Buy rating, adding a new bullish view after the company’s strong earnings report. TD Cowen Initiates Coverage
Positive Sentiment: JPMorgan raised its Goldman Sachs price target from $955 to $970, implying meaningful potential upside from recent levels, although it retained a Neutral rating. JPMorgan Price Target Update
Neutral Sentiment: Goldman CEO David Solomon said the underlying economy remains solid and capital-markets activity is strong, but abrupt interest-rate movements are creating headwinds. That suggests favorable deal activity may be offset by macroeconomic volatility. Goldman CEO David Solomon Interest Rate Warning
Negative Sentiment: Analyst actions from RBC and Citigroup lowered expectations for Goldman Sachs, reinforcing concerns that the stock’s strong earnings are already reflected in its valuation. RBC Goldman Sachs Price Target Cut Citigroup Goldman Sachs Expectations
Negative Sentiment: Goldman Sachs and other banks delivered earnings beats but saw their shares weaken as investors focused on mixed guidance, interest-rate uncertainty and a broader “sell-the-news” reaction. Why Bank Shares Are Falling
Negative Sentiment: Goldman Sachs data showed hedge funds suffering losses as investors unwound AI-related trades amid inflation concerns and expectations for higher rates, adding to the risk-off environment affecting financial stocks. AI Trade Unwind Hurts Hedge Funds

Analyst Ratings Changes

A number of brokerages have weighed in on GS. BMO Capital Markets reduced their target price on The Goldman Sachs Group from $972.00 to $970.00 and set a “market perform” rating on the stock in a report on Tuesday, October 6th. Royal Bank Of Canada decreased their target price on shares of The Goldman Sachs Group from $1,220.00 to $1,010.00 and set a “sector perform” rating for the company in a research report on Wednesday. Bank of America boosted their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. UBS Group decreased their price target on shares of The Goldman Sachs Group from $1,150.00 to $1,010.00 and set a “neutral” rating for the company in a research note on Monday, October 5th. Finally, Barclays increased their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $1,051.23.

Check Out Our Latest Analysis on GS

The Goldman Sachs Group Company Profile

(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.