Kane Investment Management Inc. acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 753 shares of the investment management company’s stock, valued at approximately $600,000.
A number of other institutional investors have also made changes to their positions in the company. Harbor Capital Advisors Inc. acquired a new stake in The Goldman Sachs Group during the 3rd quarter valued at $26,000. First PREMIER Bank purchased a new position in The Goldman Sachs Group in the 3rd quarter valued at about $28,000. Corundum Trust Company INC acquired a new stake in shares of The Goldman Sachs Group during the third quarter valued at about $29,000. Elevation Wealth Partners LLC increased its position in shares of The Goldman Sachs Group by 100.0% during the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after acquiring an additional 20 shares during the last quarter. Finally, Clearstead Trust LLC acquired a new position in shares of The Goldman Sachs Group in the second quarter worth about $31,000. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group News Summary
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman’s strategists say equity pullbacks could create buying opportunities, a view that supports client flows, trading volumes and advisory activity if volatility continues. Goldman Sachs Says Equity Pullbacks Could Present Buying Opportunities
- Positive Sentiment: Goldman raised its Q2 Brent forecast by $10 to $76/bbl and warned Brent could reach $100 if Strait of Hormuz disruptions persist — a call that can boost GS’s commodities trading and research revenue and supports trading desk performance. Goldman Sachs raises Q2 Brent oil price forecast
- Positive Sentiment: Technical/flow signals have pushed the stock higher intraday — a Power Inflow trade alert and subsequent order-flow momentum were cited as driving a sharp short-term lift in GS shares, which can amplify positive moves as algos and traders follow. Goldman Sachs Shares Rise After Key Trading Signal
- Neutral Sentiment: CEO David Solomon’s on-record interviews (Bloomberg) reiterate cautious monitoring of Iran developments, AI and private credit — useful context for investors but not a direct earnings trigger. Goldman’s Solomon on Iran, AI and Private Credit
- Neutral Sentiment: Goldman’s research modeling of an oil “shock” and its CPI/GDP fallout is raising macro risk awareness; this shapes positioning but is a background factor rather than an immediate GS-specific revenue event. Oil shock math: Goldman models the hit to CPI and GDP
- Negative Sentiment: Goldman executives — including CEO David Solomon and private-credit heads — are warning about “frothiness” in private credit and software concentration risks, flagging potential loss/readjustment risk in that business line. That concern could pressure future fees or mark-to-market outcomes. Goldman Sachs CEO David Solomon watching for ‘frothiness’ in private credit market
- Negative Sentiment: Goldman’s top strategist warns market internals are showing elevated correction risk similar to pre-2008 signals; that commentary raises caution among institutional clients and could reduce risk-taking and fee-generating activity if it drives outflows. Goldman’s top strategist warns stocks are flashing the same warning signs as before the 2008 financial crisis
- Negative Sentiment: Goldman’s top lawyer Kathryn Ruemmler has been asked to testify before a House panel in the Epstein probe — a regulatory/legal development that creates headline risk and potential reputational/legal costs. Epstein files: Goldman Sachs lawyer Kathryn Ruemmler asked to testify to House panel
Analysts Set New Price Targets
View Our Latest Stock Report on GS
The Goldman Sachs Group Stock Performance
GS stock opened at $867.93 on Thursday. 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 firm has a market cap of $257.56 billion, a P/E ratio of 16.92, a P/E/G ratio of 1.06 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 stock’s 50 day simple moving average is $921.84 and its 200 day simple moving average is $839.50.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping 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 15.72%. The firm had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the previous year, the company posted $11.95 earnings per share. The firm’s revenue was down 3.0% on a year-over-year basis. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.
The Goldman Sachs Group Increases Dividend
The firm 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 dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is currently 35.09%.
Insider Activity
In related news, EVP John F.W. Rogers sold 2,704 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $960.99, for a total value of $2,598,516.96. Following the sale, the executive vice president owned 9,428 shares of the company’s stock, valued at approximately $9,060,213.72. This trade represents a 22.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Treasurer Carey Halio sold 2,846 shares of the business’s 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 transaction, the treasurer owned 2,017 shares of the company’s stock, valued at $1,870,101.89. This represents a 58.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 117,283 shares of company stock valued at $112,016,033 over the last quarter. Corporate insiders own 0.55% of the company’s stock.
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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