224,702 Shares in The Goldman Sachs Group, Inc. $GS Acquired by Danske Bank A S

Danske Bank A S acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 224,702 shares of the investment management company’s stock, valued at approximately $178,941,000. Danske Bank A S owned about 0.07% of The Goldman Sachs Group at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fisher Asset Management LLC increased its holdings in shares of The Goldman Sachs Group by 1.9% during the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock worth $5,304,824,000 after buying an additional 121,676 shares in the last quarter. Norges Bank acquired a new stake in shares of The Goldman Sachs Group during the 2nd quarter valued at $2,138,031,000. Invesco Ltd. boosted its holdings in shares of The Goldman Sachs Group by 3.5% during the 3rd quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock valued at $2,319,905,000 after acquiring an additional 97,387 shares in the last quarter. Legal & General Group Plc grew its position in The Goldman Sachs Group by 1.4% during the 3rd quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after acquiring an additional 28,642 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in The Goldman Sachs Group by 18.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after acquiring an additional 291,280 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 1.6%

Shares of GS opened at $807.28 on Wednesday. The stock’s 50-day moving average price is $904.79 and its two-hundred day moving average price is $845.08. 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 market capitalization of $239.56 billion, a PE ratio of 15.74, a PEG ratio of 0.97 and a beta of 1.34. 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 (NYSE:GS) last issued its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The company had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter in the prior year, the firm posted $11.95 earnings per share. The business’s quarterly revenue was down 3.0% on a year-over-year basis. On average, analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS 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 dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a yield of 2.2%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is currently 35.09%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman doubled down on a very bullish S&P 500 call (S&P 7,600 by end-2026), reinforcing its role as a market-leading research shop and supporting potential advisory/trading flows if the call gains investor traction. Goldman Sachs doubles down on bold S&P 500 forecast
• Positive Sentiment: Goldman Sachs Asset Management is targeting a $13B raise for a junior-debt fund, signaling fee-income growth in AM that can help diversify revenue away from cyclical IB trading. Goldman Sachs AM Targets $13 Billion
• Positive Sentiment: Goldman is among banks advising Reliance on the Jio IPO — a large potential mandate that could generate significant underwriting and advisory fees if the deal proceeds. Reliance said to work with six banks for Jio’s upcoming IPO
• Positive Sentiment: Goldman’s research is promoting energy picks with double-digit upside and dividends — favorable for trading commissions and asset-management inflows into energy strategies amid the oil shock. Goldman Sachs Top Energy Picks
• Neutral Sentiment: GS is aggressively expanding private credit (targeting a ~$300B portfolio by 2029) — a major growth opportunity for fee and interest income but one that increases balance-sheet credit exposure. Goldman’s Expansion in Private Credit
• Neutral Sentiment: Nomura hired ex-Goldman Connolly to boost derivatives sales — a modest talent loss but not material to Goldman’s overall scale; watch for any compounding talent departures. Nomura Hires Ex-Goldman’s Connolly
• Negative Sentiment: Goldman reports and market data show hedge funds are aggressively shorting financials — a headwind for GS equity performance and sentiment in the near term. Hedge funds ‘aggressively’ short financial stocks
• Negative Sentiment: An ex-Goldman CEO warned about private-credit risks possibly becoming the next financial stress point — a reputational and risk-management flag given GS’s private-credit build-out. Ex-Goldman CEO Sounds Alarm on Private Credit
• Negative Sentiment: Goldman’s own research warns the Middle East shock is concentrating pain in refined fuels (diesel, jet fuel) and rising fuel-oil prices and crack spreads lift inflation/PCE forecasts — macro pressure that can hurt risk assets and trading volatility patterns. Diesel Above $5 For The First Time Since 2022 Global Fuel Oil Prices Surge

Insider Activity

In other news, Director David A. Viniar sold 45,000 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $965.33, for a total value of $43,439,850.00. Following the sale, the director directly owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. This represents a 7.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John F.W. Rogers sold 13,151 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the sale, the executive vice president 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

GS has been the subject of several research reports. Jefferies Financial Group increased their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. HSBC upped their price objective on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. BNP Paribas Exane raised their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Finally, UBS Group reiterated a “neutral” rating and set a $990.00 target price on shares of The Goldman Sachs Group in a research report on Wednesday, February 4th. One equities research 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $919.29.

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.