Gordian Capital Singapore Pte Ltd lifted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 43.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,300 shares of the investment management company’s stock after purchasing an additional 1,000 shares during the period. The Goldman Sachs Group accounts for 3.6% of Gordian Capital Singapore Pte Ltd’s holdings, making the stock its 6th biggest holding. Gordian Capital Singapore Pte Ltd’s holdings in The Goldman Sachs Group were worth $2,628,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of GS. Harbor Capital Advisors Inc. acquired a new position in The Goldman Sachs Group during the 3rd quarter worth about $26,000. First PREMIER Bank acquired a new stake in shares of The Goldman Sachs Group in the third quarter valued at about $28,000. Corundum Trust Company INC acquired a new stake in shares of The Goldman Sachs Group in the third quarter valued at about $29,000. Elevation Wealth Partners LLC raised its position in shares of The Goldman Sachs Group by 100.0% during the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after acquiring an additional 20 shares during the last quarter. Finally, Clearstead Trust LLC acquired a new position in shares of The Goldman Sachs Group in the second quarter worth approximately $31,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.
The Goldman Sachs Group Stock Performance
Shares of GS opened at $833.18 on Wednesday. The firm has a market capitalization of $247.25 billion, a P/E ratio of 16.24, a P/E/G ratio of 1.02 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The stock has a 50 day moving average price of $916.39 and a two-hundred day moving average price of $843.25. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66.
The Goldman Sachs Group Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.
Analysts Set New Price Targets
Several research firms have recently weighed in on GS. HSBC lifted their price objective on The Goldman Sachs Group from $742.00 to $802.00 in a research report on Friday, February 6th. Keefe, Bruyette & Woods boosted 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 research note on Friday, January 16th. BNP Paribas Exane increased their price target on The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Wells Fargo & Company raised their price objective on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Finally, 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. One 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $919.29.
Read Our Latest Research Report on The Goldman Sachs Group
More The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Bloomberg/TheStreet data show Goldman has emerged as a top institutional holder of spot XRP ETF shares and disclosed meaningful exposures to other crypto spot ETFs, which can boost trading and asset‑management revenue as ETF flows rise. Goldman Sachs now the largest institutional holder of XRP
- Positive Sentiment: Goldman’s Alternatives arm invested in Schellman to strengthen AI governance and compliance services — a strategic move that could expand fee pools in tech/AI assurance and signal growth in non‑bank fee revenue. Goldman Sachs Backs Schellman To Strengthen AI Governance And Fee Revenues
- Neutral Sentiment: Goldman is pitching a new market‑making/product to hedge funds that allows long/short positions on corporate loans — this could generate trading fees and expand products, but also highlights client demand for hedges amid credit stress. Goldman pitches hedge funds product to bet against corporate loans, source says
- Neutral Sentiment: UBS raised GS’s price target on a stronger capital markets outlook — a modest analyst upgrade that supports valuation but kept a neutral stance, so impact on sentiment is limited. UBS Raises The Goldman Sachs Group, Inc. (GS) Price Target on Strong Capital Markets Outlook
- Negative Sentiment: Goldman‑led lenders are bracing for losses on debt tied to Arclin after weak investor demand — a concrete credit/writing down risk that could hit underwriting, loan‑related fees or mark‑to‑market results. This is a direct near‑term earnings risk. Goldman-Led Lenders Brace for Loss on Arclin Debt as Demand Cools
Insider Buying and Selling
In other news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction dated 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 $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Alex S. Golten sold 1,092 shares of the business’s 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. Insiders have sold a total of 117,283 shares of company stock valued at $112,016,033 over the last 90 days. 0.55% of the stock is currently owned by company insiders.
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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