Park Avenue Securities LLC Increases Holdings in The Goldman Sachs Group, Inc. $GS

Park Avenue Securities LLC raised its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,885 shares of the investment management company’s stock after acquiring an additional 745 shares during the quarter. Park Avenue Securities LLC’s holdings in The Goldman Sachs Group were worth $12,205,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Norges Bank acquired a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth about $2,138,031,000. Wellington Management Group LLP boosted its holdings in The Goldman Sachs Group by 110.8% in the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after purchasing an additional 936,015 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in The Goldman Sachs Group by 100,678.6% in the second quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock valued at $286,017,000 after purchasing an additional 403,721 shares during the last quarter. Ameriprise Financial Inc. increased its stake in The Goldman Sachs Group by 18.2% in the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after purchasing an additional 291,280 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings 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 worth $4,628,507,000 after purchasing an additional 227,604 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman committed $42.5M to a minority stake in TAMP GeoWealth, strengthening its wealth‑management / platform footprint (UMA, tax and AI planning) and creating cross‑sell and recurring‑revenue opportunities. Goldman Sachs to Invest $42.5M in TAMP GeoWealth
• Positive Sentiment: Sources say GS is in early talks to raise at least $10B for a private‑credit fund — a potentially large fee pool that would expand alternatives AUM and diversify revenue away from trading. GS in early talks to raise at least $10B for private credit fund
• Positive Sentiment: CEO commentary flags increased dealmaking in a shifted regulatory backdrop — a constructive signal for advisory pipelines and potential M&A fees. Goldman CEO sees increased dealmaking amid changed regulatory environment
• Positive Sentiment: Goldman’s energy research (saying oil could top 2008 highs and naming top oil/refiner picks) spotlights a trading/research profit opportunity as oil volatility drives client flows across markets. Oil Could Top All-Time Highs Set in 2008, Warns Goldman
• Neutral Sentiment: Goldman published a shareholder letter detailing AI ambitions and the risks that could disrupt its strategy — long‑term productivity gains are offset by implementation and governance risks. Goldman Sachs maps out where it’s pushing AI — and the risks that could upend its strategy
• Neutral Sentiment: Internal moves: Sara Naison‑Tarajano named head of $26B Ayco (operational leadership update that supports wealth/business continuity). Goldman Sachs Names Sara Naison-Tarajano as Head of $26B Ayco
• Negative Sentiment: Goldman is shifting to smaller, rolling layoffs and will make performance‑based cuts beginning in April — may reduce near‑term costs but can weigh on morale, hiring and execution. Goldman Sachs to make small job cuts on performance in April, source says
• Negative Sentiment: Zacks downgraded GS from strong‑buy to hold, a headline that can pressure sentiment among retail/quant flows. Zacks Research downgrade
• Negative Sentiment: Clients are growing cautious about a potential market rout amid Middle East tensions and rising oil — weaker client risk appetite can dent trading volumes and investment activity. Complacency Is Cracking as Goldman Clients Brace for Stocks Rout

Analyst Upgrades and Downgrades

GS has been the subject of several recent analyst reports. Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. BNP Paribas Exane increased their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. HSBC lifted their price target on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Rothschild & Co Redburn upped their price objective on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, Barclays raised their price objective on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus price target of $919.29.

The Goldman Sachs Group Stock Performance

Shares of GS opened at $813.55 on Friday. The stock has a market capitalization of $241.42 billion, a P/E ratio of 15.86, a P/E/G ratio of 0.99 and a beta of 1.34. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The company’s fifty day moving average is $897.10 and its two-hundred day moving average is $845.03.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The business’s revenue was down 3.0% on a year-over-year basis. During the same quarter last year, the business earned $11.95 EPS. On average, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share 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 given a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This is an increase 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 payout ratio is 35.09%.

Insider Transactions at The Goldman Sachs Group

In other news, insider Alex S. Golten sold 1,092 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $936.89, for a total value of $1,023,083.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Treasurer Carey Halio sold 2,846 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the sale, the treasurer owned 2,017 shares in the company, valued at approximately $1,870,101.89. This trade represents a 58.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,283 shares of company stock valued at $112,016,033 over the last 90 days. 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.