BDF Gestion Cuts Position in The Goldman Sachs Group, Inc. $GS

BDF Gestion decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 17.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,500 shares of the investment management company’s stock after selling 2,600 shares during the quarter. The Goldman Sachs Group accounts for 1.2% of BDF Gestion’s portfolio, making the stock its 11th biggest holding. BDF Gestion’s holdings in The Goldman Sachs Group were worth $9,954,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GS. Canada Pension Plan Investment Board boosted its holdings in The Goldman Sachs Group by 28.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 524,296 shares of the investment management company’s stock valued at $286,418,000 after acquiring an additional 116,535 shares during the period. Ignite Planners LLC purchased a new stake in The Goldman Sachs Group in the second quarter worth $239,000. Bank of New York Mellon Corp lifted its position in shares of The Goldman Sachs Group by 4.9% during the second quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock worth $2,392,124,000 after purchasing an additional 157,473 shares during the last quarter. Jump Financial LLC bought a new stake in shares of The Goldman Sachs Group during the first quarter worth $9,596,000. Finally, Wells Trecaso Financial Group LLC boosted its stake in shares of The Goldman Sachs Group by 0.5% during the second quarter. Wells Trecaso Financial Group LLC now owns 21,534 shares of the investment management company’s stock valued at $15,240,000 after purchasing an additional 108 shares during the period. 71.21% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $750.00 price target (up previously from $625.00) on shares of The Goldman Sachs Group in a research note on Tuesday, October 21st. Rothschild & Co Redburn raised their target price on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. BNP Paribas Exane boosted their price target on The Goldman Sachs Group from $685.00 to $775.00 and gave the company a “neutral” rating in a report on Friday, October 17th. Keefe, Bruyette & Woods increased their price objective on The Goldman Sachs Group from $870.00 to $971.00 and gave the stock a “market perform” rating in a research note on Wednesday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a report on Monday. Four investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $792.67.

The Goldman Sachs Group Trading Up 2.0%

NYSE:GS opened at $893.83 on Friday. The stock has a market capitalization of $268.09 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.16 and a beta of 1.36. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $919.10. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 2.53. The firm has a 50 day moving average of $810.10 and a 200 day moving average of $752.84.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.27 by $1.98. The business had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $13.68 billion. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%.The business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the firm posted $8.40 earnings per share. As a group, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd will be paid a $4.00 dividend. The ex-dividend date is Tuesday, December 2nd. This represents a $16.00 dividend on an annualized basis and a yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.50%.

Key Stores Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman publicly reiterated that a year‑end “Santa Claus” rebound remains possible and highlighted tech strength driving upside for equities — a view that can lift prop/trading revenue and boost investor sentiment toward GS’s markets and investment‑banking franchise. Goldman Sachs (GS) Doubles Down on ‘Santa Claus Rally,’ Sees Stocks Rising Into Year’s End
• Positive Sentiment: Goldman hired Qatalyst co‑founder Michael Cayne to help expand its software‑banking push — a strategic talent add that signals intent to grow tech M&A and advisory fees. Exclusive-Goldman hires Qatalyst co-founder Cayne for software banking push, sources say
• Positive Sentiment: Goldman’s alternatives unit is in focus: senior leadership commentary and a $100M growth‑equity round led by Goldman Alternatives (Neural Concept) underscore accelerating fee‑generating private markets activity. That supports recurring management and performance fees. Neural Concept Closes $100M Funding Round Led by Growth Equity at Goldman Sachs Alternatives to Scale AI‑Native Engineering
• Positive Sentiment: Goldman and peers expect India’s IPO boom to extend into 2026, which implies a stronger investment‑banking pipeline and potential underwriting fees for global bankers including GS. Goldman, JPMorgan see D-Street’s record IPO boom extending to 2026
• Positive Sentiment: Broker research support: an outside firm (Keefe, Bruyette & Woods) recently issued a bullish outlook for GS shares — analyst upgrades/price‑target moves can draw incremental investor interest. Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for The Goldman Sachs Group (NYSE:GS) Stock
• Neutral Sentiment: Goldman’s research team issued commodity/market calls (e.g., projecting higher gold prices into 2026) and continues active analyst coverage — these views shape trading flows but are mixed in their direct impact on bank fundamentals. Goldman Sachs (GS) Sees the Price of Gold Rising Another 12% in 2026
• Neutral Sentiment: Goldman’s analyst activity (e.g., coverage moves on names like Texas Instruments) is generating headlines; this underscores the firm’s research reach but is indirect for GS’s own earnings. Texas Instruments Stock (TXN) Opinions on Goldman Sachs Downgrade and Sherman Fab Launch
• Negative Sentiment: Separate investor commentary flags an “excessive NAV discount” for Goldman Sachs BDC, which could weigh on investor sentiment for GS’s listed credit/business‑development products and highlight valuation gaps in parts of its ecosystem. Goldman Sachs BDC: Excessive NAV Discount

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.