Adams Diversified Equity Fund Inc. Lowers Stake in The Goldman Sachs Group, Inc. $GS

Adams Diversified Equity Fund Inc. reduced its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 15.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 42,000 shares of the investment management company’s stock after selling 7,800 shares during the period. The Goldman Sachs Group makes up 1.1% of Adams Diversified Equity Fund Inc.’s investment portfolio, making the stock its 22nd biggest position. Adams Diversified Equity Fund Inc.’s holdings in The Goldman Sachs Group were worth $33,447,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cerity Partners LLC lifted its stake in The Goldman Sachs Group by 2.7% during the third quarter. Cerity Partners LLC now owns 180,301 shares of the investment management company’s stock worth $143,578,000 after purchasing an additional 4,692 shares during the last quarter. Rheos Capital Works Inc. raised its holdings in shares of The Goldman Sachs Group by 258.8% during the 3rd quarter. Rheos Capital Works Inc. now owns 30,500 shares of the investment management company’s stock valued at $24,289,000 after buying an additional 22,000 shares in the last quarter. CoreCap Advisors LLC raised its holdings in shares of The Goldman Sachs Group by 24.8% during the 3rd quarter. CoreCap Advisors LLC now owns 1,961 shares of the investment management company’s stock valued at $1,562,000 after buying an additional 390 shares in the last quarter. Grandview Asset Management LLC lifted its position in The Goldman Sachs Group by 160.4% in the 3rd quarter. Grandview Asset Management LLC now owns 1,492 shares of the investment management company’s stock worth $1,188,000 after buying an additional 919 shares during the last quarter. Finally, Kathmere Capital Management LLC boosted its stake in The Goldman Sachs Group by 11.3% in the third quarter. Kathmere Capital Management LLC now owns 1,748 shares of the investment management company’s stock worth $1,392,000 after buying an additional 178 shares in the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman topped global M&A league tables in 2025 with $1.48 trillion of deals, underlining its deal pipeline and franchise strength that support advisory revenue and fees. Goldman Sachs tops global M&A rankings with $1.48 trillion in deals
• Positive Sentiment: Jefferies raised its GS price target sharply to $1,087 and kept a Buy rating — a bullish analyst signal that likely helped push the stock higher. Jefferies adjusts price target on Goldman Sachs
• Positive Sentiment: Barclays and Wells Fargo also lifted targets (Barclays to $1,048 reported; Wells Fargo to $970 with an Overweight), reinforcing buy-side momentum and supporting higher valuation multiples. Goldman Sachs price target raised to $1,048 from $850 at Barclays
• Positive Sentiment: BMO raised its target to $980 (Market Perform) — another vote of confidence that provides incremental support for the share price. BMO raises target on Goldman Sachs
• Neutral Sentiment: Daiwa raised its target to $927 but kept a Neutral rating (target is slightly below current levels), which tempers upside expectations for some investors. Daiwa adjusts price target on Goldman Sachs
• Neutral Sentiment: Goldman’s research and thematic calls (crypto regulatory clarity promoting institutional adoption; macro views such as a bullish S&P 500 call) keep the firm visible and can drive trading and research-led client flows, but these are indirect drivers of revenue. Goldman Sachs Says Crypto Rules Will Promote Institutional Adoption
• Neutral Sentiment: Goldman research and analyst activity around other companies (e.g., TSMC, Coinbase, Wealthfront coverage) demonstrates the firm’s influence on markets but impacts GS earnings indirectly through trading and investment banking pipelines. Coinbase stock jumps on Goldman Sachs upgrade

Analyst Upgrades and Downgrades

Several research firms have commented on GS. Morgan Stanley decreased their price target on shares of The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 15th. Citigroup increased their target price on shares of The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Keefe, Bruyette & Woods upped their price target on shares of The Goldman Sachs Group from $870.00 to $971.00 and gave the company a “market perform” rating in a research report on Wednesday, December 17th. Finally, Rothschild & Co Redburn upped their price target on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Five analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and an average target price of $852.28.

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock opened at $955.05 on Wednesday. The company’s fifty day simple moving average is $843.27 and its two-hundred day simple moving average is $778.94. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $961.69. The firm has a market cap of $286.45 billion, a PE ratio of 19.40, a price-to-earnings-growth ratio of 1.11 and a beta of 1.33. 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 Goldman Sachs Group (NYSE:GS) last posted its earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share for the quarter, topping analysts’ consensus estimates of $10.27 by $1.98. The company had revenue of $15.18 billion during the quarter, compared to analyst estimates of $13.68 billion. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The Goldman Sachs Group’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the prior year, the business posted $8.40 earnings per share. As a group, equities analysts expect 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 was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 2nd were given a $4.00 dividend. This represents a $16.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.50%.

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.