Elk River Wealth Management LLC Grows Stock Position in The Goldman Sachs Group, Inc. $GS

Elk River Wealth Management LLC lifted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 14.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,105 shares of the investment management company’s stock after acquiring an additional 749 shares during the period. Elk River Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $4,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Winthrop Advisory Group LLC grew its holdings in shares of The Goldman Sachs Group by 3.4% during the second quarter. Winthrop Advisory Group LLC now owns 429 shares of the investment management company’s stock worth $303,000 after buying an additional 14 shares in the last quarter. Avion Wealth boosted its position in The Goldman Sachs Group by 31.1% during the second quarter. Avion Wealth now owns 59 shares of the investment management company’s stock worth $41,000 after acquiring an additional 14 shares during the last quarter. KPP Advisory Services LLC grew its stake in The Goldman Sachs Group by 2.1% during the 2nd quarter. KPP Advisory Services LLC now owns 668 shares of the investment management company’s stock valued at $473,000 after acquiring an additional 14 shares in the last quarter. FAS Wealth Partners Inc. raised its holdings in The Goldman Sachs Group by 2.2% in the 2nd quarter. FAS Wealth Partners Inc. now owns 653 shares of the investment management company’s stock valued at $462,000 after acquiring an additional 14 shares during the last quarter. Finally, Ignite Planners LLC lifted its stake in The Goldman Sachs Group by 4.2% in the 3rd quarter. Ignite Planners LLC now owns 351 shares of the investment management company’s stock worth $280,000 after purchasing an additional 14 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs led global M&A in 2025 with ~$1.48 trillion of deals, underscoring its top-tier investment banking position and potential fee momentum going into 2026. Goldman Sachs Tops Global M&A Dealmaking
• Positive Sentiment: Discord filed confidentially for a U.S. IPO with Goldman Sachs named as an underwriter — a signal of incremental underwriting pipeline that could boost future investment banking revenue. Discord IPO Taps Goldman Sachs
• Positive Sentiment: Life Sciences at Goldman Sachs Alternatives led an oversubscribed Series C for Beacon Therapeutics, highlighting GS’s alternatives business activity and fee/investment opportunities in private markets. Beacon Therapeutics Series C Led by Goldman Alternatives
• Positive Sentiment: Several broker notes have raised price targets (Wells Fargo to $970; BMO/Jefferies/Daiwa favorable commentary), supporting near- to medium‑term upside expectations from some sell‑side analysts. Wells Fargo Boosts GS Price Target
• Neutral Sentiment: Goldman published market outlooks (e.g., “lower but attractive” 2026 returns) and continues active research (raising TSMC and Rivian targets) — positive for its research/wealth positioning but with limited immediate P&L impact. Goldman Market Outlook Goldman Raises TSM Target
• Negative Sentiment: Apple has agreed to transfer Apple Card issuance to JPMorgan. Goldman expects a one‑time Q4 EPS boost from reserve releases but will lose ongoing card revenue and take carve‑out charges — a negative structural shift for its consumer finance footprint. Apple Card Switching to JPMorgan
• Negative Sentiment: Analysts expect GS may report a decline in upcoming earnings and highlight greater earnings volatility; this increases near‑term downside risk around the Q4 print (earnings expected Jan 15). Analysts Expect Earnings Decline
• Negative Sentiment: JPMorgan’s note lifting GS’s PT to $775 but keeping a neutral rating implies perceived downside from current levels and reflects some analyst caution despite the recent rally. JPMorgan Raises PT to $775
• Negative Sentiment: Commentary flags that CEO David Solomon faces the challenge of managing earnings volatility — a governance/operational risk investors are watching as markets reprice financials. Analyst on CEO Managing Earnings Volatility

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Keefe, Bruyette & Woods upped their price target on 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. Barclays upped their target price on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday. HSBC set a $604.00 price target on The Goldman Sachs Group in a report on Wednesday. Daiwa Capital Markets upped their price objective on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Jefferies Financial Group lifted their target price on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $849.61.

The Goldman Sachs Group Price Performance

GS stock opened at $934.21 on Friday. The business’s fifty day moving average price is $849.32 and its 200 day moving average price is $781.13. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $961.69. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 2.53. The company has a market capitalization of $280.20 billion, a PE ratio of 18.98, a P/E/G ratio of 1.10 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share for the quarter, beating the consensus estimate of $10.27 by $1.98. The company had revenue of $15.18 billion during 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 Goldman Sachs Group’s revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the company posted $8.40 EPS. On average, sell-side 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 announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 2nd were paid a dividend of $4.00 per share. This represents a $16.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is presently 32.50%.

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.