Edgar Lomax Co. VA lessened its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 22.6% in the third quarter, Holdings Channel.com reports. The firm owned 17,350 shares of the investment management company’s stock after selling 5,060 shares during the period. Edgar Lomax Co. VA’s holdings in The Goldman Sachs Group were worth $13,817,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after acquiring an additional 508 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after purchasing an additional 58 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of The Goldman Sachs Group by 90.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after purchasing an additional 70 shares during the last quarter. Finally, Moors & Cabot Inc. grew its stake in The Goldman Sachs Group by 10.9% in the second quarter. Moors & Cabot Inc. now owns 4,667 shares of the investment management company’s stock worth $3,303,000 after purchasing an additional 459 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages have issued reports on GS. HSBC upped their price objective on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Argus upped their price target on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Rothschild & Co Redburn lifted their price objective on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Autonomous Res lowered their target price on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. Finally, Wells Fargo & Company increased their target price on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $916.86.
The Goldman Sachs Group Price Performance
Shares of GS opened at $835.15 on Friday. The Goldman Sachs Group, Inc. has a 12 month low of $439.38 and a 12 month high of $984.70. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66. The stock has a fifty day moving average price of $920.33 and a 200 day moving average price of $839.47. The company has a market cap of $247.83 billion, a P/E ratio of 16.28, a PEG ratio of 1.06 and a beta of 1.34.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $11.95 earnings per share. On average, research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.
The Goldman Sachs Group Increases Dividend
The company 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 is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group’s payout ratio is currently 35.09%.
Insider Buying and Selling
In related news, Treasurer Carey Halio sold 2,846 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the transaction, the treasurer directly owned 2,017 shares of the company’s stock, valued at $1,870,101.89. This represents a 58.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,283 shares of company stock valued at $112,016,033 in the last ninety days. Insiders own 0.55% of the company’s stock.
The Goldman Sachs Group News Summary
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman’s Growth Equity at Goldman Sachs Alternatives led a $65M Series C in senior‑care platform Sage — a fee‑generating private‑equity win that highlights deal flow and alternative‑asset activity for Goldman. Read More.
- Positive Sentiment: Private Equity at Goldman Sachs Alternatives announced a strategic investment in cybersecurity compliance firm Schellman, another sign the firm is actively deploying capital in fee‑earning deals. Read More.
- Positive Sentiment: Goldman completed a majority private‑equity investment in Mace Consult, supporting expected growth and potential fee income from infrastructure consulting holdings. Read More.
- Neutral Sentiment: Goldman strategists are publicly saying equity pullbacks tied to Iran tensions and AI fears could be buying opportunities — guidance that may stabilize sentiment over time but doesn’t remove near‑term volatility. Read More.
- Neutral Sentiment: Goldman is actively publishing market research (raising short‑term Brent forecasts, advising on AI impacts for insurers and flagging oil dislocations) — useful for institutional clients but mixed in its direct effect on GS shares. Read More.
- Negative Sentiment: CEO David Solomon said he was “surprised” by the market’s muted response to the Iran conflict and warned markets may take weeks to digest its impact — comments that underscore geopolitical risk and likely explain part of the sell‑off. Read More.
- Negative Sentiment: Reports that Goldman’s departing top lawyer Kathryn Ruemmler has been asked to testify in House probes tied to Jeffrey Epstein raise potential legal/reputational risk for the firm, increasing investor caution. Read More.
- Negative Sentiment: Goldman is being singled out as one of the largest drags on the Dow amid today’s market weakness — reinforcing momentum selling and headline‑driven declines. Read More.
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.
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