Kovitz Investment Group Partners LLC Trims Holdings in The Goldman Sachs Group, Inc. $GS

Kovitz Investment Group Partners LLC lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 5.4% in the third quarter, Holdings Channel reports. The institutional investor owned 73,273 shares of the investment management company’s stock after selling 4,177 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in The Goldman Sachs Group were worth $58,352,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Hartline Investment Corp boosted its position in The Goldman Sachs Group by 153.3% during the 3rd quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after purchasing an additional 860 shares during the period. A4 Wealth Advisors LLC acquired a new stake in The Goldman Sachs Group in the third quarter worth $940,000. Stevens Capital Management LP bought a new stake in The Goldman Sachs Group in the third quarter valued at $1,392,000. Meridian Wealth Management LLC boosted its holdings in shares of The Goldman Sachs Group by 39.4% during the third quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock valued at $1,857,000 after acquiring an additional 659 shares during the period. Finally, AlTi Global Inc. boosted its holdings in shares of The Goldman Sachs Group by 87.3% during the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock valued at $23,707,000 after acquiring an additional 13,879 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about 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

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock opened at $922.03 on Friday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week 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 stock has a market cap of $276.54 billion, a PE ratio of 17.98, a price-to-earnings-growth ratio of 1.13 and a beta of 1.34. The company’s 50-day moving average price is $922.42 and its two-hundred day moving average price is $830.81.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The company had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter in the previous year, the company posted $11.95 EPS. The business’s revenue was down 3.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared 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 annualized dividend and a yield of 2.0%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 31.20%.

Analysts Set New Price Targets

Several brokerages recently weighed in on GS. Barclays lifted their price objective 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. Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. Keefe, Bruyette & Woods lifted their price target on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a report on Friday, January 16th. Autonomous Res reduced their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Finally, Wells Fargo & Company raised their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and a consensus target price of $916.86.

Insider Buying and Selling

In other news, Director David A. Viniar sold 45,000 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the sale, the director owned 555,000 shares in the company, valued at approximately $535,758,150. This represents a 7.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was 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. This represents a 28.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 117,283 shares of company stock valued at $112,016,033 in the last three months. Insiders own 0.55% of the company’s stock.

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.