Mutual of America Capital Management LLC Cuts Stock Holdings in The Goldman Sachs Group, Inc. $GS

Mutual of America Capital Management LLC reduced its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 6.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,945 shares of the investment management company’s stock after selling 2,466 shares during the period. Mutual of America Capital Management LLC’s holdings in The Goldman Sachs Group were worth $27,828,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Liberty Wealth Management LLC increased its holdings in The Goldman Sachs Group by 3.2% in the third quarter. Liberty Wealth Management LLC now owns 1,015 shares of the investment management company’s stock valued at $808,000 after buying an additional 31 shares in the last quarter. Commerzbank Aktiengesellschaft FI grew its position in shares of The Goldman Sachs Group by 10.4% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 60,817 shares of the investment management company’s stock valued at $48,432,000 after acquiring an additional 5,705 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in shares of The Goldman Sachs Group by 1.9% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 46,786 shares of the investment management company’s stock valued at $36,960,000 after purchasing an additional 892 shares in the last quarter. Whittier Trust Co. raised its holdings in The Goldman Sachs Group by 2.0% in the 3rd quarter. Whittier Trust Co. now owns 100,905 shares of the investment management company’s stock worth $79,713,000 after purchasing an additional 1,976 shares during the period. Finally, Sawgrass Asset Management LLC boosted its position in The Goldman Sachs Group by 2.5% during the third quarter. Sawgrass Asset Management LLC now owns 3,917 shares of the investment management company’s stock worth $3,119,000 after purchasing an additional 97 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Board raised the quarterly dividend 12.5% to $4.50 per share, which supports income-focused investor demand and signals confidence in capital generation. Goldman Sachs Just Hiked Its Dividend 12.5%. Should You Buy GS Stock Now?
• Positive Sentiment: Goldman is working on underwriting/Advisory mandates and growth equity deals (e.g., leading Cubby’s $63M round and named as an underwriter on Ledger’s planned $4B IPO) — indicators of sustained investment-banking and alternatives fee flow. Exclusive: Cubby raises $63 million in Goldman Sachs-led funding
• Positive Sentiment: Analyst/outlook support: a reported price-target raise to $985 signals bullish expectations from at least one coverage source and can lift sentiment among momentum investors. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $985.00
• Neutral Sentiment: Goldman published research raising its 2026 gold forecast to $5,400/oz — positive for commodities desks and research credibility, but indirect for GS equity performance. Gold hovers near record highs as Goldman Sachs lifts year-end forecast to $5,400
• Neutral Sentiment: Goldman disclosed a 2.92% voting interest in Qiagen (QGEN) under Dutch rules — a notable investment position that could lead to engagement but not an immediate impact on GS’s stock. Goldman Sachs Discloses 2.92% Voting Interest in QIAGEN
• Neutral Sentiment: Ongoing research and market calls (upgrades on names like Spotify, Novo Nordisk) keep Goldman visible in capital markets, but these items mostly reflect franchise strength rather than immediate EPS impact. Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
• Negative Sentiment: CEO David Solomon’s 2025 pay rose ~20% to $47M — a headline that can draw governance scrutiny and short-term investor pushback despite being linked to strong performance. Goldman Sachs CEO David Solomon gets over 20% pay boost in 2025
• Negative Sentiment: Insider selling: a director disposed of sizable GS holdings (reported ~$65M in sales), which can be read negatively by some investors even though insiders still hold material positions. Goldman Sachs (GS) Director Dumps $65M in Stock. Should Investors Worry?

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GS. Citigroup boosted their price objective on The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Royal Bank Of Canada lifted their price target on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Morgan Stanley cut their price target on shares of 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. JPMorgan Chase & Co. upped their price objective on shares of The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Finally, Argus lifted their target price on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $898.00.

The Goldman Sachs Group Trading Down 3.6%

Shares of GS stock opened at $919.82 on Monday. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $984.70. The firm has a market capitalization of $275.88 billion, a P/E ratio of 17.93, a PEG ratio of 1.13 and a beta of 1.33. The stock’s fifty day moving average is $882.31 and its two-hundred day moving average is $801.88. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.65 and a current ratio of 1.13.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The company’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period last year, the company earned $11.95 EPS. Research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be issued a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 2.0%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is currently 31.20%.

Insider Activity at The Goldman Sachs Group

In related news, Director David A. Viniar sold 45,000 shares of The Goldman Sachs Group stock in a transaction on Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the sale, the director directly owned 555,000 shares in the company, valued at $535,758,150. This trade represents a 7.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last quarter, insiders have sold 68,186 shares of company stock valued at $65,820,670. Company insiders own 0.55% of the company’s stock.

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.