Forum Financial Management LP Acquires 545 Shares of The Goldman Sachs Group, Inc. $GS

Forum Financial Management LP grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 12.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,772 shares of the investment management company’s stock after buying an additional 545 shares during the quarter. Forum Financial Management LP’s holdings in The Goldman Sachs Group were worth $3,800,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in GS. Dogwood Wealth Management LLC lifted its stake in 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 worth $26,000 after purchasing an additional 36 shares during the period. Harbor Capital Advisors Inc. bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at approximately $26,000. First PREMIER Bank acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter worth approximately $28,000. Clearstead Trust LLC bought a new position in shares of The Goldman Sachs Group during the 2nd quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC lifted its position in shares of The Goldman Sachs Group by 100.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after buying an additional 20 shares during the period. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS opened at $939.04 on Friday. The business has a fifty day moving average of $852.31 and a 200-day moving average of $784.01. The company has a debt-to-equity ratio of 2.53, a quick ratio of 0.65 and a current ratio of 0.65. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $961.69. The firm has a market cap of $281.65 billion, a PE ratio of 19.07, a price-to-earnings-growth ratio of 1.01 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.27 by $1.98. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The business had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $13.68 billion. During the same quarter in the prior year, the company earned $8.40 EPS. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. On average, equities research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 2nd were given a dividend of $4.00 per share. This represents a $16.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is presently 32.50%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman expects a one-time ~46-cent per‑share boost to Q4 2025 EPS as it exits the Apple Card business and releases $2.48B of loan-loss reserves; the transition to JPMorgan includes markdowns but the reserve release is an immediate earnings tailwind. Goldman Projects 46-Cent EPS Gain in Q4 From Apple Card Transition
• Positive Sentiment: Broker support is piling up — notable price‑target raises (Barclays and others) and bullish notes have increased momentum and investor confidence in GS’s earnings trajectory. Barclays Turns More Confident on Goldman Sachs (GS)
• Neutral Sentiment: Goldman research continues to move markets in other names (e.g., raising Reliance Industries target), underscoring its influential research franchise but with limited direct impact on GS’s operating results. Goldman Sachs raises Reliance Industries’ share price target ahead of Q3 results next week. Here’s why
• Neutral Sentiment: Goldman strategists warn that elevated equity valuations pose downside risk for markets — a macro caveat that can temper appetite for cyclical/risk assets even as GS benefits from its own one‑offs and fees. Goldman Strategists Say High Valuations Put Equities at Risk
• Negative Sentiment: Analysts flag the upcoming January earnings report as a potential volatility point — some models expect a decline in core earnings (outside the Apple Card reserve release), so results or management commentary could produce near‑term swings. Analysts Estimate Goldman Sachs (GS) to Report a Decline in Earnings: What to Look Out for
• Negative Sentiment: Some commentary questions whether GS’s recent ~66% one‑year rally is fully justified — elevated expectations raise the risk of downside if macro or trading revenues soften. Is Goldman Sachs Group (GS) Pricing Reflect Recent 66% One Year Rally Accurately

Analyst Ratings Changes

A number of brokerages have weighed in on GS. Morgan Stanley lowered their price target on 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. Keefe, Bruyette & Woods boosted their target price on shares of The Goldman Sachs Group from $870.00 to $971.00 and gave the company a “market perform” rating in a research note on Wednesday, December 17th. BMO Capital Markets upped their target price on shares of The Goldman Sachs Group from $785.00 to $980.00 and gave the stock a “market perform” rating in a report on Tuesday, January 6th. UBS Group increased their target price on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 7th. Finally, Barclays boosted their price target on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Five research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average target price of $849.61.

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.