NewEdge Wealth LLC Buys 2,734 Shares of The Goldman Sachs Group, Inc. $GS

NewEdge Wealth LLC grew its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 24.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,943 shares of the investment management company’s stock after buying an additional 2,734 shares during the period. NewEdge Wealth LLC’s holdings in The Goldman Sachs Group were worth $11,058,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GS. Brighton Jones LLC lifted its stake in The Goldman Sachs Group by 17.1% during the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after purchasing an additional 508 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after buying an additional 58 shares in the last quarter. Sivia Capital Partners LLC lifted its position in 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 worth $1,098,000 after buying an additional 735 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in The Goldman Sachs Group by 9.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after buying an additional 70 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC purchased a new stake in The Goldman Sachs Group in the second quarter worth approximately $239,000. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Trading Down 1.9%

GS opened at $916.33 on Friday. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65. The business has a 50 day simple moving average of $921.74 and a two-hundred day simple moving average of $828.69. The firm has a market capitalization of $274.84 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 1.15 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion for 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 earned $11.95 EPS. Analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be given a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is presently 31.20%.

Insiders Place Their Bets

In other news, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the sale, the executive vice president directly owned 39,007 shares of the company’s stock, valued at approximately $37,408,883.21. This trade represents a 25.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David A. Viniar sold 45,000 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the sale, the director directly owned 555,000 shares in the company, valued at $535,758,150. The trade was a 7.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 117,283 shares of company stock worth $112,016,033. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on GS. UBS Group reissued a “neutral” rating and set a $990.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, February 4th. BNP Paribas Exane lifted their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Argus upped their price target on shares of 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. Royal Bank Of Canada raised their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Finally, HSBC boosted their target price on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $916.86.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Duquesne Capital (Stanley Druckenmiller’s fund) disclosed a new position in Goldman Sachs, a vote of confidence from a prominent macro investor that can support demand for the shares. Read More.
• Positive Sentiment: CVC is working with Goldman Sachs on the sale of a €1 billion marina business — a sizable advisory mandate that would drive fees and underscores Goldman’s ongoing M&A deal flow. Read More.
• Positive Sentiment: Goldman’s Asset & Wealth Management is highlighted as a durable growth engine (record fees, $3.61T AUM for 2025), supporting more stable, recurring revenue versus cyclical trading. Read More.
• Neutral Sentiment: Goldman research is bullish on a rare-earths stock (new price target implying ~50% upside) — positive for Goldman’s research franchise and investor relations but not directly material to GS’s own earnings. Read More.
• Neutral Sentiment: CEO David Solomon disclosed he personally holds Bitcoin and urged rule‑based crypto regulation; signals continued institutional crypto focus but mixed headlines for risk-sensitive investors. Read More.
• Neutral Sentiment: Goldman research/product notes (EV/battery picks, LG India coverage) and macro calls on gold appear across outlets — these showcase the firm’s research breadth but are incremental for GS stock movement. Read More.
• Negative Sentiment: Goldman plans to drop DEI criteria from its board selection process after activist pressure — a reputational and governance story that has triggered criticism and could weigh on investor sentiment. Read More.
• Negative Sentiment: Royal Bank of Canada hired a Goldman equities trader/execution specialist to lead its algo push — a small talent loss that highlights competition for trading talent and could modestly affect execution capability perceptions. 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.