Wharton Business Group LLC Sells 9,575 Shares of The Goldman Sachs Group, Inc. $GS

Wharton Business Group LLC lessened its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 16.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 50,371 shares of the investment management company’s stock after selling 9,575 shares during the period. The Goldman Sachs Group makes up about 1.6% of Wharton Business Group LLC’s holdings, making the stock its 20th largest position. Wharton Business Group LLC’s holdings in The Goldman Sachs Group were worth $40,113,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of The Goldman Sachs Group by 17.1% during the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after buying an additional 508 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after purchasing an additional 58 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after buying an additional 70 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC purchased a new stake in The Goldman Sachs Group in the 2nd quarter valued at $239,000. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock traded down $8.10 during trading on Friday, hitting $908.55. The stock had a trading volume of 311,801 shares, compared to its average volume of 2,452,862. The stock’s 50 day moving average is $921.74 and its two-hundred day moving average is $828.69. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The stock has a market cap of $272.50 billion, a price-to-earnings ratio of 17.73, a price-to-earnings-growth ratio of 1.15 and a beta of 1.34. The company has a quick ratio of 0.65, a current ratio of 1.13 and a debt-to-equity ratio of 2.29.

The Goldman Sachs Group (NYSE:GS) last released its earnings results 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 Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same period last year, the business posted $11.95 earnings per share. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. As a group, analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be paid a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 31.20%.

Insider Activity

In related news, Director David A. Viniar sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $965.33, for a total value of $43,439,850.00. Following the completion of the transaction, the director directly owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. This trade represents a 7.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the sale, the executive vice president directly owned 39,007 shares in the company, valued at $37,408,883.21. The trade was a 25.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 117,283 shares of company stock valued at $112,016,033. 0.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Bank of America upped their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. HSBC boosted their target price on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Finally, Argus increased their price target on 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 analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and an average target price of $916.86.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman’s Petershill affiliate is seeking about $5 billion to buy additional private stakes — a move that would expand GS’s fee-bearing asset-management platform and recurring revenue potential. Goldman’s Petershill seeks $5 billion for more private stakes
• Positive Sentiment: Goldman is advising on a ~€1 billion marina-business sale with CVC — a win for M&A/advisory fees and evidence of dealflow in private markets. CVC Is Working With Goldman Sachs on €1 Billion Marina Business Sale
• Positive Sentiment: Goldman’s Asset & Wealth Management continues to look like a durable growth engine — reported strong 2025 revenue and record fees, supporting more stable, fee-based earnings. Goldman’s Wealth Management Business Emerges as Durable Growth Engine
• Positive Sentiment: Notable institutional buying: Duquesne added a new position in Goldman in Q4 — outside buying can support the share price and signal conviction. Famous Hedge Fund Duquesne Is Buying Up This 1 Big Bank Stock
• Positive Sentiment: Market commentary/coverage noting GS outperformed the market recently, adding positive momentum to sentiment. Goldman Sachs (GS) Rises Higher Than Market: Key Facts
• Neutral Sentiment: CEO David Solomon disclosed he owns Bitcoin and reiterated the need for clear crypto rules — signals continued corporate engagement with digital assets but is unlikely to materially change near-term earnings. Goldman Sachs CEO Makes a Surprising Disclosure that He Holds Bitcoin
• Neutral Sentiment: Macro/forecasts diverge: Goldman’s Q4 GDP nowcast is much softer than the Atlanta Fed’s — important for trading and investment-banking assumptions, but it’s a macro input rather than firm-specific news. On The Eve Of The 2025Q4 Advance Release
• Negative Sentiment: Goldman notes hedge-fund stock pickers have been hit hard in the AI-related tech selloff — prolonged volatility in tech and quant flows could reduce trading and AM performance fees. US Stocks: Hedge fund stock pickers suffer in face of AI-related tech selloff, says Goldman
• Negative Sentiment: Talent loss: RBC hired an equities trader from Goldman to lead its algo push — departure of experienced trading staff can modestly affect execution capability and franchise depth. RBC Hires Goldman Trader Noel Reyes in Equity Algorithm Push
• Negative Sentiment: Goldman will drop DEI criteria for board candidates — a governance shift that may concern some ESG-focused investors and could create short-term reputational noise. Goldman Sachs to drop DEI criteria for board members

About The Goldman Sachs Group

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.