The Goldman Sachs Group, Inc. $GS Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd trimmed its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 19.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,120 shares of the investment management company’s stock after selling 3,604 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in The Goldman Sachs Group were worth $12,037,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Harbor Capital Advisors Inc. acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at approximately $26,000. First PREMIER Bank acquired a new stake in shares of The Goldman Sachs Group during the third quarter worth approximately $28,000. Corundum Trust Company INC bought a new stake in shares of The Goldman Sachs Group in the third quarter worth $29,000. Dogwood Wealth Management LLC raised its holdings in The Goldman Sachs Group by 1,800.0% in 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 in the last quarter. Finally, Elevation Wealth Partners LLC raised its holdings in The Goldman Sachs Group by 100.0% in the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock valued at $32,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Market tailwind: U.S. futures and tech stocks are rebounding, putting broad upward pressure on bank and trading names including Goldman ahead of its earnings report. Stock Market Today
• Positive Sentiment: Potential deal fees: Goldman is reportedly working on Bitpanda’s potential Frankfurt IPO as one of the lead banks — any completed role would add investment banking fees and be a near-term positive catalyst. Bitpanda IPO report
• Positive Sentiment: Analyst revisions ahead of Q4: Several Wall Street analysts have updated forecasts ahead of GS’s Q4 print, implying some upward estimate movements that can support the stock if Goldman beats or guides positively. Forecast changes ahead of Q4
• Neutral Sentiment: Earnings expectations: Street consensus expects Q4 EPS of about $11.6–$11.7 and revenue near $13.8B — these set clear beat/ miss benchmarks that will drive intraday moves when results arrive. CNBC earnings preview
• Neutral Sentiment: Analyst consensus = cautious: The average analyst rating on GS is “Hold,” signaling balanced expectations — good results could move the stock materially higher, but middling outcomes may leave shares muted. Analyst ratings summary
• Negative Sentiment: Regulatory risk to payments sector: Goldman research flagged that proposed credit-card reforms could create near-term risks for payments companies — increased market volatility in payments could pressure trading and advisory flows tied to that sector. Credit card regulation analysis

Analysts Set New Price Targets

GS has been the subject of several research analyst reports. Wells Fargo & Company boosted their target price on shares of The Goldman Sachs Group from $855.00 to $970.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Morgan Stanley cut their price objective on The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 15th. Deutsche Bank Aktiengesellschaft lifted their target price on The Goldman Sachs Group from $725.00 to $790.00 and gave the stock a “hold” rating in a research report on Tuesday, September 30th. Rothschild & Co Redburn boosted their price target on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Five 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.com, the company has a consensus rating of “Hold” and a consensus target price of $849.61.

The Goldman Sachs Group Stock Down 0.6%

Shares of The Goldman Sachs Group stock opened at $932.49 on Thursday. 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 twelve month low of $439.38 and a twelve 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 business’s 50 day simple moving average is $861.31 and its 200-day simple moving average is $789.40.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $14.01 EPS for the quarter, topping analysts’ consensus estimates of $11.52 by $2.49. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

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.