Benson Investment Management Company Inc. cut its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 22.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,612 shares of the investment management company’s stock after selling 2,233 shares during the period. The Goldman Sachs Group comprises approximately 2.1% of Benson Investment Management Company Inc.’s investment portfolio, making the stock its 19th largest holding. Benson Investment Management Company Inc.’s holdings in The Goldman Sachs Group were worth $6,062,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC raised its holdings in shares of The Goldman Sachs Group by 617,504.5% in the second quarter. Kingstone Capital Partners Texas LLC now owns 29,058,291 shares of the investment management company’s stock valued at $20,566,005,000 after purchasing an additional 29,053,586 shares during the last quarter. Norges Bank bought a new stake in The Goldman Sachs Group in the 2nd quarter worth about $2,138,031,000. Ninety One UK Ltd purchased a new stake in The Goldman Sachs Group in the 2nd quarter valued at about $408,780,000. AGF Management Ltd. lifted its position in shares of The Goldman Sachs Group by 2,429.6% during the 2nd quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock worth $343,524,000 after buying an additional 466,187 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its position in shares of The Goldman Sachs Group by 100,678.6% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock worth $286,017,000 after buying an additional 403,721 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
GS has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of The Goldman Sachs Group in a report on Monday, December 15th. UBS Group upped their price objective on The Goldman Sachs Group from $762.00 to $805.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. Royal Bank Of Canada raised their target price on The Goldman Sachs Group from $843.00 to $900.00 and gave the company a “sector perform” rating in a research report on Friday, December 12th. Citigroup lifted their target price on The Goldman Sachs Group from $700.00 to $765.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Finally, Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 16th. Four investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $792.67.
The Goldman Sachs Group Trading Up 2.0%
Shares of The Goldman Sachs Group stock opened at $893.83 on Friday. The stock has a market capitalization of $268.09 billion, a P/E ratio of 18.16, a P/E/G ratio of 1.18 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 debt-to-equity ratio of 2.53, a quick ratio of 0.65 and a current ratio of 0.65. The stock’s 50-day simple moving average is $810.10 and its 200 day simple moving average is $753.88.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share for the quarter, topping the consensus estimate of $10.27 by $1.98. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The firm had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $13.68 billion. During the same quarter last year, the company earned $8.40 earnings per share. The company’s revenue was up 19.5% on a year-over-year basis. As a group, research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.
The Goldman Sachs Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Tuesday, December 2nd will be paid a $4.00 dividend. This represents a $16.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, December 2nd. The Goldman Sachs Group’s payout ratio is currently 32.50%.
The Goldman Sachs Group News Summary
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
The Goldman Sachs Group Company 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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