Capital World Investors Cuts Position in The Goldman Sachs Group, Inc. $GS

Capital World Investors lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 3.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,159,567 shares of the investment management company’s stock after selling 137,372 shares during the quarter. Capital World Investors’ holdings in The Goldman Sachs Group were worth $3,312,471,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GS. Fisher Asset Management LLC increased its position in shares of The Goldman Sachs Group by 1.9% during the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock worth $5,304,824,000 after purchasing an additional 121,676 shares in the last quarter. Norges Bank purchased a new position in shares of The Goldman Sachs Group in the second quarter worth about $2,138,031,000. Legal & General Group Plc boosted its position in The Goldman Sachs Group by 1.4% during the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after acquiring an additional 28,642 shares during the last quarter. Ameriprise Financial Inc. grew its stake in 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 in the last quarter. Finally, Franklin Resources Inc. lifted its stake 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 purchasing an additional 48,835 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

More The Goldman Sachs Group News

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

• Positive Sentiment: UBS raised its price target on GS, citing a stronger capital markets outlook — a vote of confidence that supports medium-term earnings expectations and could help buy-side sentiment. Read More.
• Positive Sentiment: Goldman is pitching a new product that lets hedge funds take short or long positions on corporate loans — this is a fee-generating markets/structuring opportunity if client demand holds. Read More.
• Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance, compliance and digital trust offerings — a strategic move to capture growing advisory/private-market fee pools tied to AI oversight. Read More.
• Neutral Sentiment: Goldman data show hedge funds are adding short bets on U.S. stocks and boosting ETF shorts amid Middle East tensions and volatility — this highlights elevated trading volumes and spread business but also greater market risk. Read More.
• Neutral Sentiment: Goldman commentary flags a rapid unwind of momentum trades and concentration risk in winners — useful for investors assessing potential near-term market shifts that affect GS trading revenues. Read More.
• Neutral Sentiment: Former CEO Lloyd Blankfein criticized DEI programs as counterproductive — notable for reputational discussion but unlikely to move fundamentals materially. Read More.
• Negative Sentiment: A Goldman-led lender group is bracing for losses on debt backing Arclin after demand cooled — a direct credit exposure that could weigh on loan-related income or provisions if losses crystallize. Read More.

The Goldman Sachs Group Stock Up 1.3%

Shares of NYSE:GS opened at $832.42 on Tuesday. The company has a market capitalization of $247.02 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 1.01 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The business has a 50-day moving average price of $917.40 and a 200 day moving average price of $842.60. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. During the same quarter last year, the firm posted $11.95 earnings per share. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. Sell-side analysts expect 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 announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be given a $4.50 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is presently 35.09%.

Insider Activity at The Goldman Sachs Group

In related news, CFO Denis P. Coleman sold 11,623 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $941.57, for a total value of $10,943,868.11. Following the sale, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the transaction, the executive vice president owned 39,007 shares of the company’s stock, valued at $37,408,883.21. This trade represents a 25.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 117,283 shares of company stock valued at $112,016,033 over the last ninety days. 0.55% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

GS has been the subject of several recent research reports. BNP Paribas Exane increased their price target on The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Barclays upped their target price 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. JPMorgan Chase & Co. lifted their price target on The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Keefe, Bruyette & Woods boosted their price target on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a research report on Friday, January 16th. Finally, Wells Fargo & Company raised their price objective on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average target price of $916.86.

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.