Pinnacle Wealth Management LLC Buys Shares of 2,274 The Goldman Sachs Group, Inc. $GS

Pinnacle Wealth Management LLC purchased a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 2,274 shares of the investment management company’s stock, valued at approximately $1,811,000. The Goldman Sachs Group comprises about 1.2% of Pinnacle Wealth Management LLC’s portfolio, making the stock its 29th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fisher Asset Management LLC lifted its position in The Goldman Sachs Group by 3.6% during the second quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock valued at $4,628,507,000 after purchasing an additional 227,604 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of The Goldman Sachs Group by 4.9% in the second quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock worth $2,392,124,000 after buying an additional 157,473 shares during the period. Norges Bank purchased a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at about $2,138,031,000. Ameriprise Financial Inc. grew its stake in shares of The Goldman Sachs Group by 18.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after acquiring an additional 291,280 shares during the period. Finally, Franklin Resources Inc. increased its holdings in The Goldman Sachs Group by 2.8% in the 2nd quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock worth $1,285,032,000 after acquiring an additional 48,835 shares in the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $921.93 on Thursday. The company has a market cap of $276.52 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 1.11 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The stock’s 50 day simple moving average is $923.91 and its two-hundred day simple moving average is $834.66. 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 Goldman Sachs Group (NYSE:GS) last posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The firm had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. During the same period last year, the firm posted $11.95 earnings per share. The Goldman Sachs Group’s revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, equities analysts anticipate 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 disclosed 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. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio is 31.20%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman’s prime brokerage flagged a rebound in U.S. software stocks, a development that could lift trading volumes and prime-brokerage revenue for GS as clients rotate back into software names. US software stocks to keep rebounding, says Goldman Sachs prime brokerage note
• Positive Sentiment: Q4 2025 showed mixed financials but a clear EPS beat and higher net income year-over-year — earnings per share grew and operating profit improved, supporting the stock’s upside on better profitability metrics. Goldman Sachs Q4 2025 earnings summary
• Positive Sentiment: Retail banking/product signals: updated Marcus reviews highlight competitive savings/CD products that can help deposit growth and diversify funding — a constructive message for GS’s consumer franchise. Marcus by Goldman Sachs review (2026)
• Neutral Sentiment: Goldman Sachs continues to run investor/analyst meetings in Asia and arrange roadshows (e.g., Gland Pharma, Yes Bank mentions), underscoring ongoing investment-banking and capital-markets activity but with no immediate revenue figure tied to the news. Gland Pharma investor meet arranged by Goldman Sachs
• Neutral Sentiment: Market/sector backdrop: financial stocks were broadly stronger in late trading, which tends to lift large diversified banks like GS alongside peer performance. Sector Update: Financial Stocks Higher Late Afternoon
• Negative Sentiment: Operating cash flow plunged sharply in Q4 (large negative operating cash from activities), raising short-term liquidity/cash-management questions despite earnings strength. Goldman Sachs Q4 cash flow concerns
• Negative Sentiment: Insider selling activity remains notable (multiple recent insider sales and a senator’s sale reported), which can weigh on sentiment even if sales are routine or for non-firm reasons. Senator sells Goldman Sachs shares after 2025 gains
• Neutral Sentiment: CEO David Solomon disclosed a small personal Bitcoin holding — a headline for governance/crypto-exposure narrative but unlikely to move fundamentals materially. Goldman Sachs CEO admits owning Bitcoin

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GS shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of The Goldman Sachs Group in a report on Monday, December 22nd. BNP Paribas Exane increased their price target on The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Barclays raised their price target on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Autonomous Res dropped their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. Finally, Daiwa Securities Group lifted their target price on The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. One investment 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $916.86.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, CEO David M. Solomon sold 272 shares of the company’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total transaction of $255,386.24. Following the sale, the chief executive officer directly owned 125,527 shares in the company, valued at $117,859,810.84. This represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $941.57, for a total value of $10,943,868.11. Following the completion of the sale, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at $27,627,546.94. The trade was a 28.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Company 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.