Hillsdale Investment Management Inc. boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 545.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,876 shares of the investment management company’s stock after buying an additional 5,810 shares during the period. Hillsdale Investment Management Inc.’s holdings in The Goldman Sachs Group were worth $5,476,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. Harbor Capital Advisors Inc. bought a new stake in The Goldman Sachs Group during the third quarter valued at $26,000. First PREMIER Bank acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $28,000. Corundum Trust Company INC bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $29,000. Clearstead Trust LLC acquired a new stake in The Goldman Sachs Group during the second quarter worth about $31,000. Finally, Elevation Wealth Partners LLC lifted 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 worth $32,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Jefferies Financial Group boosted their price target on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Rothschild & Co Redburn increased their price target on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Argus lifted their price objective on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Bank of America boosted their target price on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Finally, Daiwa Securities Group increased their price target on The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $916.86.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: CEO David Solomon says he personally owns a small amount of Bitcoin — a notable shift from prior skepticism that could signal greater executive comfort with crypto and bolster investor expectations for Goldman’s digital-asset strategy and client offerings. Goldman Sachs CEO David Solomon Now Owns Bitcoin. Should You Buy the No. 1 Crypto Here?
- Positive Sentiment: Goldman is advising on a €1 billion marina business sale alongside CVC — a meaningful investment-banking mandate that can drive near-term fees and underscores Goldman’s deal flow in Europe. CVC Is Working With Goldman Sachs on €1 Billion Marina Business Sale
- Positive Sentiment: Petershill (Goldman’s investment platform) is seeking $5 billion to buy more private stakes — this would expand fee-bearing AUM/asset-management revenue and diversify revenue away from trading cycles. Goldman’s Petershill seeks $5 billion for more private stakes
- Positive Sentiment: Reports show hedge-fund manager Duquesne added a new position in Goldman in Q4 — institutional purchases can support the stock and reflect confidence from prominent money managers. Famous Hedge Fund Duquesne Is Buying Up This 1 Big Bank Stock. Should You?
- Neutral Sentiment: Pakistan launched a regulated crypto sandbox testing stablecoins, tokenization and remittances; coverage notes mention global players including Goldman — could open business opportunities but timing and revenue impact are uncertain. Pakistan Goes Live With Crypto Regulatory Sandbox: Here’s What It Means for Digital Assets
- Neutral Sentiment: Goldman’s research is actively publishing bullish calls (e.g., MP Materials, rare-earths coverage) — positive for franchise and investor relations but indirect for immediate revenue. Goldman Sachs Says MP Materials Stock Can Gain More Than 30% From Here. Should You Buy MP Stock?
- Negative Sentiment: Goldman will drop DEI criteria for board-member selection — this change has prompted media coverage and could create reputational and governance scrutiny that some investors may view negatively. Goldman Scraps DEI Test for Boardroom Seats, Downtown on Edge
- Negative Sentiment: RBC hired a Goldman equities trader to lead its algorithm efforts — a small talent loss that highlights competitive pressure for top trading staff. RBC Hires Goldman Trader Noel Reyes in Equity Algorithm Push
Insider Activity at The Goldman Sachs Group
In related news, Treasurer Carey Halio sold 2,846 shares of the stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the completion of the sale, the treasurer directly owned 2,017 shares in the company, valued at approximately $1,870,101.89. This trade represents a 58.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group stock in a transaction on 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 directly owned 29,342 shares of the company’s stock, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is currently owned by company insiders.
The Goldman Sachs Group Stock Up 0.6%
NYSE:GS opened at $922.03 on Friday. The firm has a market capitalization of $276.54 billion, a price-to-earnings ratio of 17.98, a PEG ratio of 1.13 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $984.70. The company has a current ratio of 1.13, a quick ratio of 0.65 and a debt-to-equity ratio of 2.29. The business’s fifty day moving average price is $922.42 and its 200 day moving average price is $830.81.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced 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 firm had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period last year, the company posted $11.95 EPS. On average, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.
The Goldman Sachs Group Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be given a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is currently 31.20%.
The Goldman Sachs Group Company 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.
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