Legal & General Group Plc Acquires 28,642 Shares of The Goldman Sachs Group, Inc. $GS

Legal & General Group Plc raised its holdings in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,110,119 shares of the investment management company’s stock after acquiring an additional 28,642 shares during the period. Legal & General Group Plc’s holdings in The Goldman Sachs Group were worth $1,680,393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Vestcor Inc raised its position in shares of The Goldman Sachs Group by 28.3% during the third quarter. Vestcor Inc now owns 8,118 shares of the investment management company’s stock worth $6,465,000 after purchasing an additional 1,789 shares during the period. LGT Group Foundation lifted its holdings in shares of The Goldman Sachs Group by 156.4% during the 3rd quarter. LGT Group Foundation now owns 33,552 shares of the investment management company’s stock valued at $26,355,000 after purchasing an additional 20,464 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of The Goldman Sachs Group by 8.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 170,033 shares of the investment management company’s stock valued at $135,526,000 after purchasing an additional 13,725 shares in the last quarter. Inceptionr LLC acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at approximately $789,000. Finally, Gerber Kawasaki Wealth & Investment Management increased its stake in The Goldman Sachs Group by 4.9% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 669 shares of the investment management company’s stock worth $533,000 after purchasing an additional 31 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Trading Up 1.3%

NYSE:GS opened at $832.42 on Tuesday. The company has a market cap of $247.02 billion, a P/E ratio of 16.23, a price-to-earnings-growth ratio of 1.01 and a beta of 1.34. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $984.70. The business has a 50 day moving average price of $917.40 and a two-hundred day moving average price of $842.60. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The company had revenue of $15.71 billion for 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 firm’s revenue was down 3.0% compared to the same quarter last year. During the same period last year, the company earned $11.95 earnings per share. As a group, analysts expect 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 paid a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 2.2%. The ex-dividend date 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 dividend payout ratio (DPR) is presently 35.09%.

Key The Goldman Sachs Group News

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

  • Positive Sentiment: UBS raised its price target on GS, citing a stronger capital markets outlook — a signal to investors that analysts expect continued fee and underwriting strength. Article Title
  • Positive Sentiment: Goldman is pitching a new product to hedge funds letting them take long or short positions on corporate loans, which could grow trading flow and fee opportunities in credit markets. Article Title
  • Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance and compliance offerings — a strategic move to boost fee-bearing private markets and services revenue tied to AI oversight demand. Article Title
  • Positive Sentiment: Goldman is positioned on IPO pipeline activity (e.g., Nscale funding and pre-IPO work), suggesting potential future underwriting and advisory fees. Article Title
  • Neutral Sentiment: Goldman research and market notes (on momentum trades, ETF flows and oil) are guiding client positioning but are informational rather than immediate revenue drivers. Article Title
  • Neutral Sentiment: Goldman commentary on oil and commodities highlights volatility and longer-term scenarios for energy prices — relevant for trading desks but not a direct corporate-credit event. Article Title
  • Neutral Sentiment: Regulatory transparency filings show Goldman holdings in Ontex; routine disclosure that has limited market impact. Article Title
  • Negative Sentiment: Goldman-led lenders are bracing for losses on debt tied to Arclin after demand cooled — a credit loss scenario that could pressure provisions or mark-to-market results for underwriting/loan exposures. Article Title
  • Negative Sentiment: Broader market moves — bond sell-offs on inflation fears and rising ETF short activity — raise trading volatility that can both help or hurt GS trading revenues; the immediate read is higher risk to near-term results. Article Title

Wall Street Analysts Forecast Growth

Several analysts have commented on GS shares. Keefe, Bruyette & Woods raised their target price on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a report on Friday, January 16th. Argus increased 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 report on Friday, January 16th. BMO Capital Markets raised their price objective on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a report on Tuesday, January 20th. Daiwa Securities Group boosted their price objective on shares of 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. Finally, Bank of America upped 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. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus price target of $916.86.

Check Out Our Latest Analysis on The Goldman Sachs Group

Insider Activity

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 11,623 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the sale, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at $27,627,546.94. The trade was a 28.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Alex S. Golten sold 1,092 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $936.89, for a total transaction of $1,023,083.88. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders 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 Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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