Mainstay Capital Management LLC ADV lessened its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 49.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,337 shares of the investment management company’s stock after selling 3,276 shares during the quarter. The Goldman Sachs Group comprises 0.3% of Mainstay Capital Management LLC ADV’s holdings, making the stock its 29th largest position. Mainstay Capital Management LLC ADV’s holdings in The Goldman Sachs Group were worth $2,657,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in GS. Harbor Capital Advisors Inc. purchased a new stake in shares of The Goldman Sachs Group during the third quarter worth approximately $26,000. First PREMIER Bank purchased a new position in The Goldman Sachs Group in the 3rd quarter valued at $28,000. Corundum Trust Company INC acquired a new stake in The Goldman Sachs Group during the 3rd quarter worth $29,000. Elevation Wealth Partners LLC boosted its stake in The Goldman Sachs Group by 100.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after purchasing an additional 20 shares during the last quarter. Finally, Graney & King LLC grew its holdings in shares of The Goldman Sachs Group by 51.5% during the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after buying an additional 17 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Royal Bank Of Canada increased their target price on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 20th. HSBC boosted their price target on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research report on Friday, February 6th. Rothschild & Co Redburn increased their price objective on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Bank of America raised their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Finally, Daiwa Securities Group boosted their target price on The Goldman Sachs Group from $927.00 to $940.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $919.29.
The Goldman Sachs Group Trading Down 0.2%
Shares of GS stock opened at $805.07 on Thursday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $984.70. The company’s 50-day moving average price is $902.09 and its 200-day moving average price is $844.80. The stock has a market cap of $238.90 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 0.99 and a beta of 1.34.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released 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 15.72%. The firm had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same period last year, the business earned $11.95 earnings per share. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. As a group, equities analysts predict 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 declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is 35.09%.
Insider Buying and Selling at The Goldman Sachs Group
In related news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief financial officer directly 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. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Treasurer Carey Halio sold 2,846 shares of the firm’s stock in a transaction 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 sale, the treasurer directly owned 2,017 shares of the company’s stock, valued at approximately $1,870,101.89. This trade represents a 58.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 117,283 shares of company stock worth $112,016,033. Insiders own 0.55% of the company’s stock.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman is reported to be leading the underwriter race for a potential SpaceX/Starlink IPO — a large, high-profile mandate that would generate significant fees and bolster investment-banking revenue expectations. SpaceX Now Has 10,000 Starlink Satellites In Space — And Polymarket Is Betting The IPO Is Coming Soon
- Positive Sentiment: Goldman’s trading/asset-management presence shows up in crypto flows — coverage notes Goldman became a large XRP ETF buyer, highlighting fee-generating ETF activity and diversification outside traditional banking. XRP Price Prediction: Will the XRP Price Surge If the CLARITY Act Passes?
- Neutral Sentiment: Goldman reiterated a bullish S&P 500 call (large, longer‑term market view). That helps sentiment but is more macro than an immediate earnings driver for GS itself. Goldman Sachs doubles down on bold S&P 500 forecast
- Neutral Sentiment: Goldman research shows small businesses are adopting AI but few integrate it effectively — useful for long-term product and advisory opportunities, but not an immediate revenue catalyst. Goldman Sachs says small businesses are embracing AI, but fewer than 1 in 5 are good at actually integrating it
- Negative Sentiment: Goldman has cut its U.S. growth forecast and raised the probability of recession — a bearish macro signal from the firm’s own research that can sap risk appetite and pressure trading and M&A activity across the bank’s businesses. Goldman Sachs Just Issued a New Warning on the U.S. Economy — And It’s Not Just About Oil
- Negative Sentiment: Goldman warns the Middle East shock will disproportionately hit refined fuels (diesel, jet fuel) and raised inflation/PCE forecasts — energy-driven macro risk increases volatility and could hurt trading and credit exposure. Goldman Sachs Warns Oil’s Biggest Shock Will Hurt Fuels Most
- Negative Sentiment: Goldman research notes hedge funds are aggressively reducing exposure to financials and U.S. banks hold large private‑credit books — a sector-wide risk that can depress GS multiple and trading flows. Hedge Funds Dump Financial Stocks at Record Pace Amid Growing Market Uncertainty
- Negative Sentiment: Senior-banker movement: JPMorgan appointed Goldman’s Yi Zhang to co-head China IBD and Nomura hired an ex‑Goldman derivatives salesperson — departures of senior rainmakers can pressure deal pipelines and client coverage. JPMorgan names Goldman’s Yi Zhang as China investment banking co-head Nomura Hires Ex-Goldman’s Connolly to Boost Derivative Sales
- Negative Sentiment: Goldman’s research lowered India growth and warned the rupee could slide to 95, signaling regional FX/funding stress that could weigh on EM trading and advisory revenues. Goldman Sachs cuts India’s growth forecast to 6.4% for FY27, sees Re sliding to 95
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.
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