Lee Danner & Bass Inc. lessened its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,303 shares of the investment management company’s stock after selling 1,740 shares during the quarter. The Goldman Sachs Group makes up approximately 2.0% of Lee Danner & Bass Inc.’s investment portfolio, making the stock its 8th largest position. Lee Danner & Bass Inc.’s holdings in The Goldman Sachs Group were worth $28,113,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in GS. Dogwood Wealth Management LLC raised its stake in shares of The Goldman Sachs Group by 1,800.0% during the second quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 36 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of The Goldman Sachs Group in the third quarter worth $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group in the third quarter worth $28,000. Corundum Trust Company INC acquired a new stake in The Goldman Sachs Group in the third quarter valued at $29,000. Finally, Clearstead Trust LLC bought a new position in The Goldman Sachs Group during the 2nd quarter worth $31,000. 71.21% of the stock is owned by institutional investors.
The Goldman Sachs Group Stock Performance
NYSE:GS opened at $961.54 on Tuesday. 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, Inc. has a twelve month low of $439.38 and a twelve month high of $984.70. The company has a fifty day moving average of $871.86 and a 200-day moving average of $795.26. The firm has a market capitalization of $288.39 billion, a P/E ratio of 18.75, a P/E/G ratio of 1.01 and a beta of 1.33.
The Goldman Sachs Group Increases Dividend
The company also recently announced 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. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. 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. The Goldman Sachs Group’s dividend payout ratio is presently 31.20%.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman’s 2026 Economic & Financial Market Outlook signals the U.S. economy is starting the year with strong momentum and downplays recession risk, which supports expectations for higher trading, advisory and asset‑management activity for banks like GS. 10 Undervalued Stocks to Invest in According to Goldman Sachs
- Positive Sentiment: Goldman research projecting stronger U.S. GDP (TipRanks coverage) reinforces a higher‑revenue backdrop for markets and corporate activity, which tends to boost investment banking and trading revenue for GS. U.S. GDP Could Blast Past Estimates This Year, Says Goldman Sachs
- Positive Sentiment: Goldman’s investment banking co‑head Kim Posnett says 2026 could bring an IPO “mega‑cycle” and strong M&A, highlighting potential upside to GS’s advisory fees and deal flow if markets remain healthy. Goldman investment banking co-head Kim Posnett on the year ahead
- Positive Sentiment: An analyst price target bump to $970 (coverage note) signals renewed upward analyst conviction and can support the share price as investors re‑rate expectations. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $970.00
- Neutral Sentiment: HSBC kept a Hold on GS while raising 2025–26 EPS estimates — a mixed signal: earnings trajectory improved but the rating stayed cautious amid sector pullback. HSBC Keeps Hold on Goldman Sachs (GS) while Raising 2025–2026 EPS Estimates
- Neutral Sentiment: Small institutional buying (Hartline Investment) and valuation commentary after recent multi‑period gains are background flow/valuation items — relevant for sentiment but not game‑changing alone. Hartline Investment Corp Buys 860 Shares of The Goldman Sachs Group, Inc. $GS
- Negative Sentiment: Goldman warns Europe’s growth could be pressured if U.S. tariffs linked to Greenland are enacted — that geopolitical risk could weigh on European deal activity and markets, a potential headwind for GS’s EMEA revenue. Europe’s Growth At Risk If Trump Acts On Greenland, Goldman Sachs Warns
- Negative Sentiment: Broad negative bank sentiment — exemplified by commentary like Jim Cramer’s on major banks — can amplify sector sell pressure and hurt GS multiple even if fundamentals hold. Jim Cramer on Goldman and other major banks
Analysts Set New Price Targets
GS has been the topic of a number of analyst reports. Keefe, Bruyette & Woods upped their price target on 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. Wells Fargo & Company upped their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Jefferies Financial Group increased their target price on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Morgan Stanley dropped their price target on shares of The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 15th. Finally, UBS Group upped their price objective on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. Eight investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and a consensus price target of $891.57.
Read Our Latest Stock Analysis on GS
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.
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