Meritage Portfolio Management Sells 1,398 Shares of The Goldman Sachs Group, Inc. $GS

Meritage Portfolio Management reduced its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 9.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,802 shares of the investment management company’s stock after selling 1,398 shares during the period. Meritage Portfolio Management’s holdings in The Goldman Sachs Group were worth $10,991,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Dogwood Wealth Management LLC grew its position in shares of The Goldman Sachs Group by 1,800.0% in the 2nd quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock worth $26,000 after buying an additional 36 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in The Goldman Sachs Group in the third quarter worth $26,000. First PREMIER Bank bought a new stake in The Goldman Sachs Group in the third quarter valued at $28,000. Corundum Trust Company INC purchased a new position in The Goldman Sachs Group during the 3rd quarter valued at $29,000. Finally, Clearstead Trust LLC bought a new position in The Goldman Sachs Group in the 2nd quarter worth $31,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Down 0.6%

Shares of NYSE:GS opened at $932.49 on Thursday. The stock has a fifty day simple moving average of $861.31 and a two-hundred day simple moving average of $789.40. The stock has a market capitalization of $279.68 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 0.99 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $961.69. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 2.53.

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

Analyst Ratings Changes

GS has been the topic of a number of research reports. Barclays lifted their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. BNP Paribas Exane lifted their price objective on The Goldman Sachs Group from $685.00 to $775.00 and gave the company a “neutral” rating in a research report on Friday, October 17th. UBS Group increased their target price on 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. Keefe, Bruyette & Woods raised their target price on 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. Finally, HSBC set a $604.00 price target on The Goldman Sachs Group in a research report on Wednesday, January 7th. Five equities 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’s stock. Based on data from MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and an average target price of $849.61.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman is listed among lead banks advising Bitpanda on a potential Frankfurt IPO (H1 2026) worth €4–5bn — a deal win would drive investment-banking fees and support revenue expectations. Bitpanda targets Frankfurt IPO with up to $5.5B valuation: Report
• Positive Sentiment: Goldman research is taking a constructive macro view — arguing valuations are elevated but a bear market is unlikely in 2026 — which can support investor confidence in GS’s advisory and trading franchises. Goldman Sachs Warns Valuations Are ‘Historically High,’ But Bear Market Is Unlikely In 2026
• Neutral Sentiment: Goldman’s sector research is active and influencing markets — for example, its take on Trump’s credit-card proposals highlights winners and losers in payments (Visa/Mastercard), but this is a research call rather than a direct financial impact on GS. Trump’s Credit Card Push Has Winners And Losers, Goldman Says
• Neutral Sentiment: Goldman has been vocal in equity research flows this week (e.g., initiating coverage / changing ratings such as the SMCI Sell call) — these moves underscore GS’s market-making and research visibility but are not immediate drivers of GS revenue. Super Micro Computer (SMCI) Stock: Margin Pressure Forces Goldman to Slash Target
• Negative Sentiment: Investors are focused on GS’s Q4 earnings (due Jan. 15); previews and analyst notes warn EPS could dip amid higher expenses despite revenue growth — that near-term earnings risk is the primary headwind for the stock today. Should You Buy, Hold or Sell Goldman Stock Ahead of Its Q4 Earnings?

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.