Wealth Enhancement Advisory Services LLC Sells 47,229 Shares of The Goldman Sachs Group, Inc. $GS

Wealth Enhancement Advisory Services LLC reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 39.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,083 shares of the investment management company’s stock after selling 47,229 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in The Goldman Sachs Group were worth $56,131,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GS. Dogwood Wealth Management LLC lifted its holdings in shares of The Goldman Sachs Group by 1,800.0% during the second quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 36 shares during the period. Harbor Capital Advisors Inc. bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter worth about $26,000. First PREMIER Bank acquired a new stake in shares of The Goldman Sachs Group during the 3rd quarter worth about $28,000. Corundum Trust Company INC bought a new position in The Goldman Sachs Group during the 3rd quarter valued at about $29,000. Finally, Clearstead Trust LLC acquired a new position in The Goldman Sachs Group in the second quarter valued at about $31,000. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman’s investment banking co‑head Kim Posnett says 2026 could bring an IPO “mega‑cycle,” another big year for M&A and broad AI disruption — a bullish signal for GS’s deal pipeline and fees. Goldman investment banking co-head Kim Posnett on the year ahead
• Positive Sentiment: An external price target was raised to $970, which can support investor sentiment and implies upside to current levels. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $970.00
• Positive Sentiment: HSBC kept a Hold on GS but raised 2025–2026 EPS estimates, signaling improving earnings expectations from peers and analysts. HSBC Keeps Hold on Goldman Sachs (GS) while Raising 2025–2026 EPS Estimates
• Positive Sentiment: Goldman projects stronger U.S. GDP growth for 2026, which would boost trading, underwriting and asset‑management revenue if realized. U.S. GDP Could Blast Past Estimates This Year, Says Goldman Sachs
• Positive Sentiment: CNBC’s Jim Cramer has discussed GS as a top banking stock and shared trading strategies that could attract retail interest. Jim Cramer Shares Trading Strategy For Goldman Sachs (GS)’s Shares
• Neutral Sentiment: Goldman research reiterates Nvidia and Broadcom as leaders in the AI compute race — a research view that speaks to tech sector allocations but is indirect for GS’s own fundamentals. Goldman Sachs Says Nvidia (NVDA) and Broadcom (AVGO) Still Lead the AI Compute Race
• Neutral Sentiment: Goldman published lists and trade ideas (10 undervalued stocks, “what to buy” pieces) and continues active research coverage — steady business but not an immediate stock mover. 10 Undervalued Stocks to Invest in According to Goldman Sachs
• Neutral Sentiment: Goldman downgraded HP Inc. to Sell and notified Mayne Pharma that it ceased to be a substantial shareholder — routine research and portfolio activity with limited market impact on GS itself. Goldman Sachs Downgrades HP Inc (HPQ) to Sell Goldman Sachs Ceases to Be Substantial Shareholder in Mayne Pharma
• Negative Sentiment: Goldman warns Europe’s growth could be hurt if new U.S. tariffs tied to Greenland are imposed — a macro risk that could pressure GS’s European deal and trading flows. Europe’s Growth At Risk If Trump Acts On Greenland, Goldman Sachs Warns
• Negative Sentiment: Critical media commentary (e.g., Jim Cramer saying it “takes a lot to get these stocks out of their tailspin”) highlights ongoing investor wariness toward large bank stocks, adding selling pressure. Jim Cramer on Goldman and other major banks

The Goldman Sachs Group Trading Down 1.3%

Shares of The Goldman Sachs Group stock traded down $12.24 on Tuesday, hitting $949.76. 314,337 shares of the company’s stock traded hands, compared to its average volume of 2,357,923. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65. The stock has a market capitalization of $284.86 billion, a PE ratio of 18.57, a price-to-earnings-growth ratio of 1.01 and a beta of 1.33. The firm’s 50-day moving average price is $871.86 and its two-hundred day moving average price is $795.26.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Thursday, January 15th. The investment management company reported $14.01 EPS for the quarter, beating analysts’ consensus estimates of $11.52 by $2.49. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business had revenue of $13.45 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the prior year, the company posted $11.95 earnings per share. The firm’s revenue was down 3.0% on a year-over-year basis. On average, research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a $4.50 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s payout ratio is currently 31.20%.

Analyst Ratings Changes

Several research firms have recently weighed in on GS. Jefferies Financial Group raised their price objective on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. BMO Capital Markets lifted their price objective on The Goldman Sachs Group from $785.00 to $980.00 and gave the company a “market perform” rating in a research report on Tuesday, January 6th. Autonomous Res decreased their target price on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. Morgan Stanley cut their price target on The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating for the company in a report on Wednesday, October 15th. Finally, HSBC set a $604.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, January 7th. Eight equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $897.76.

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.