CIBC Asset Management Inc Increases Position in The Goldman Sachs Group, Inc. $GS

CIBC Asset Management Inc grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,677 shares of the investment management company’s stock after purchasing an additional 594 shares during the quarter. CIBC Asset Management Inc’s holdings in The Goldman Sachs Group were worth $38,764,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dogwood Wealth Management LLC raised its holdings in The Goldman Sachs Group by 1,800.0% in the 2nd quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after buying an additional 36 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of The Goldman Sachs Group during the third quarter valued at about $26,000. First PREMIER Bank acquired a new stake in shares of The Goldman Sachs Group during the third quarter valued at about $28,000. Corundum Trust Company INC purchased a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at approximately $29,000. Finally, Clearstead Trust LLC acquired a new position in shares of The Goldman Sachs Group in the 2nd quarter worth approximately $31,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on GS shares. Evercore ISI reiterated an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. BMO Capital Markets lifted their price objective on The Goldman Sachs Group from $980.00 to $985.00 and gave the company a “market perform” rating in a research note on Tuesday, January 20th. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Dbs Bank raised their target price on The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, Rothschild & Co Redburn lifted their target price on 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $898.00.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Board raised the quarterly dividend 12.5% to $4.50 per share, which supports income-focused investor demand and signals confidence in capital generation. Goldman Sachs Just Hiked Its Dividend 12.5%. Should You Buy GS Stock Now?
• Positive Sentiment: Goldman is working on underwriting/Advisory mandates and growth equity deals (e.g., leading Cubby’s $63M round and named as an underwriter on Ledger’s planned $4B IPO) — indicators of sustained investment-banking and alternatives fee flow. Exclusive: Cubby raises $63 million in Goldman Sachs-led funding
• Positive Sentiment: Analyst/outlook support: a reported price-target raise to $985 signals bullish expectations from at least one coverage source and can lift sentiment among momentum investors. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $985.00
• Neutral Sentiment: Goldman published research raising its 2026 gold forecast to $5,400/oz — positive for commodities desks and research credibility, but indirect for GS equity performance. Gold hovers near record highs as Goldman Sachs lifts year-end forecast to $5,400
• Neutral Sentiment: Goldman disclosed a 2.92% voting interest in Qiagen (QGEN) under Dutch rules — a notable investment position that could lead to engagement but not an immediate impact on GS’s stock. Goldman Sachs Discloses 2.92% Voting Interest in QIAGEN
• Neutral Sentiment: Ongoing research and market calls (upgrades on names like Spotify, Novo Nordisk) keep Goldman visible in capital markets, but these items mostly reflect franchise strength rather than immediate EPS impact. Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
• Negative Sentiment: CEO David Solomon’s 2025 pay rose ~20% to $47M — a headline that can draw governance scrutiny and short-term investor pushback despite being linked to strong performance. Goldman Sachs CEO David Solomon gets over 20% pay boost in 2025
• Negative Sentiment: Insider selling: a director disposed of sizable GS holdings (reported ~$65M in sales), which can be read negatively by some investors even though insiders still hold material positions. Goldman Sachs (GS) Director Dumps $65M in Stock. Should Investors Worry?

The Goldman Sachs Group Trading Down 3.6%

NYSE:GS opened at $919.82 on Monday. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The firm has a market cap of $275.88 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 1.13 and a beta of 1.33. The company has a current ratio of 1.13, a quick ratio of 0.65 and a debt-to-equity ratio of 2.29. The stock has a fifty day moving average price of $882.31 and a 200 day moving average price of $801.88.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The company had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same quarter last year, the company earned $11.95 EPS. The Goldman Sachs Group’s revenue for the quarter was down 3.0% compared to the same quarter last year. 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 Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be paid a $4.50 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is presently 31.20%.

Insider Buying and Selling

In other The Goldman Sachs Group news, Director David A. Viniar sold 45,000 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the transaction, the director owned 555,000 shares in the company, valued at $535,758,150. The trade was a 7.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last ninety days, insiders have sold 68,186 shares of company stock worth $65,820,670. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group 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.