Loews Corp Invests $9.95 Million in The Goldman Sachs Group, Inc. $GS

Loews Corp purchased a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,500 shares of the investment management company’s stock, valued at approximately $9,954,000. The Goldman Sachs Group comprises approximately 0.1% of Loews Corp’s investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds have also bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new stake in The Goldman Sachs Group in the third quarter valued at about $26,000. First PREMIER Bank bought a new position in The Goldman Sachs Group during the 3rd quarter worth approximately $28,000. Corundum Trust Company INC acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter worth approximately $29,000. Elevation Wealth Partners LLC grew its position in shares of The Goldman Sachs Group by 100.0% in the 3rd 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 in the last quarter. Finally, True Wealth Design LLC increased its holdings in shares of The Goldman Sachs Group by 114.3% in the 3rd quarter. True Wealth Design LLC now owns 45 shares of the investment management company’s stock valued at $36,000 after acquiring an additional 24 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Trading Up 1.5%

Shares of NYSE GS opened at $794.21 on Tuesday. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The company has a market cap of $235.68 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of 0.96 and a beta of 1.34. 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 stock’s 50 day simple moving average is $907.74 and its 200 day simple moving average is $844.64.

The Goldman Sachs Group (NYSE:GS) last issued 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 return on equity of 15.72% and a net margin of 13.73%.The firm had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same period in the prior year, the business earned $11.95 EPS. The firm’s revenue was down 3.0% on a year-over-year basis. Equities research 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 declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a dividend of $4.50 per share. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is currently 35.09%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: JPMorgan raised its price target on GS to $826 while keeping a Neutral rating — a visible vote of confidence from a major bank that can lift investor sentiment. JPMorgan Raises its Price Target on The Goldman Sachs Group, Inc. (GS) to $826 from $815 and Maintains a Neutral Rating
• Positive Sentiment: Goldman is aggressively expanding its private credit business, targeting a $300B portfolio by 2029 — a strategic growth engine that can diversify fee and interest income away from volatile markets. Goldman’s Expansion in Private Credit: Next Growth Engine?
• Positive Sentiment: Goldman Sachs Asset Management is targeting roughly $13 billion for a new junior-debt fund — a sign of continued product demand and fee-raising capacity in alternatives/credit. Goldman Sachs AM Targets $13 Billion for Latest Junior Debt Fund
• Neutral Sentiment: Goldman’s macro teams say the Iran conflict will boost oil and inflation but is unlikely to create a pandemic-style supply-chain shock — guidance that shapes market positioning and trading flows but is not a direct revenue read. Iran war unlikely to trigger global supply chain crisis, Goldman Sachs says
• Neutral Sentiment: Goldman’s research/analyst moves (e.g., coverage notes on Global Payments and other names) reflect active client-facing and research operations — useful for fee generation but a mixed near-term signal. Goldman Sachs Mixed on Global Payments (GPN) As Industry Valuation Multiples Remain Under Pressure
• Negative Sentiment: Goldman warns hedge funds are “aggressively” shorting financial stocks, creating sector downside risk and volatility that could pressure GS shares and trading revenues if stress widens. Hedge funds ‘aggressively’ short financial stocks, says Goldman Sachs

Wall Street Analysts Forecast Growth

GS has been the topic of several research reports. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research report on Friday, January 16th. Autonomous Res lowered their target price on shares of 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. BNP Paribas Exane increased their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. HSBC raised their price target on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research report on Friday, February 6th. Finally, Rothschild & Co Redburn lifted their price target on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $919.29.

Insider Buying and Selling at The Goldman Sachs Group

In related news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction dated 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 sale, the chief financial officer owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This trade represents a 28.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the sale, the executive vice president owned 39,007 shares in the company, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 117,283 shares of company stock valued at $112,016,033. Corporate 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.