Intact Investment Management Inc. decreased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 38.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,400 shares of the investment management company’s stock after selling 1,500 shares during the period. Intact Investment Management Inc.’s holdings in The Goldman Sachs Group were worth $1,911,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC lifted its holdings in The Goldman Sachs Group by 3.6% in the second quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock worth $4,628,507,000 after acquiring an additional 227,604 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of The Goldman Sachs Group by 4.9% during the 2nd 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 period. Norges Bank bought a new stake in shares of The Goldman Sachs Group in the 2nd quarter worth approximately $2,138,031,000. Ameriprise Financial Inc. lifted its holdings in shares of The Goldman Sachs Group by 18.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after purchasing an additional 291,280 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in The Goldman Sachs Group by 2.8% during the 2nd quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock valued at $1,285,032,000 after purchasing an additional 48,835 shares during the period. 71.21% of the stock is currently owned by institutional investors.
More The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman announced a second dividend increase in less than a year (quarterly payout raised to $4.50), signaling strong free cash flow and management confidence after a very strong 2025. Higher cash returns support the stock’s valuation and attract income-focused buyers. Dividend Raises Are Spreading—These 3 Big Players Led the Move
- Positive Sentiment: Goldman promoted seven partners to its management committee, mostly from its $3.6T wealth & investing business—moves that strengthen leadership depth in a high-growth, fee-generating division (GSAM/wealth). That reinforces investor confidence in recurring-revenue growth and cross-selling potential. Goldman Sachs added 7 new leaders at the top — all from its $3.6 trillion wealth and investing business
- Positive Sentiment: RBC Capital reiterated positive commentary on Goldman, calling it a preeminent global investment bank—third‑party analyst praise can boost sentiment and buying interest after recent strong results. The Goldman Sachs Group, Inc. (GS) is a preeminent global investment bank, says RBC Capital
- Neutral Sentiment: Goldman Sachs BDC priced a $400M notes offering—important for the BDC’s funding profile but only indirectly relevant to GS parent performance; monitors of the BDC side should watch leverage and deployment of proceeds. Goldman Sachs BDC Prices $400 Million Notes Offering
- Neutral Sentiment: Goldman’s research reiterated a preference for Nvidia within the AI compute ecosystem—this boosts the perceived quality of Goldman’s research franchise (a non‑core but credibility‑enhancing factor) and may help trading and capital markets flow, but it’s an indirect driver of GS stock. Goldman Reaffirms Preference for Nvidia (NVDA) in AI Compute Ecosystem
- Neutral Sentiment: Goldman research warns of increased volatility in silver prices—illustrates the firm’s macro research output and trading-opportunity commentary; potential trading revenues could benefit Goldman but the effect is uncertain and market-dependent. ‘Silver Prices Face Turbulence’: Goldman Sachs Sees More Wild Swings Ahead
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on GS
Insiders Place Their Bets
In other The Goldman Sachs Group news, Director David A. Viniar sold 45,000 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $965.33, for a total value of $43,439,850.00. Following the transaction, the director directly owned 555,000 shares of the company’s stock, valued at $535,758,150. This represents a 7.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 68,186 shares of company stock valued at $65,820,670. 0.55% of the stock is owned by corporate insiders.
The Goldman Sachs Group Stock Performance
GS opened at $931.31 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 1.13 and a debt-to-equity ratio of 2.29. The stock has a market cap of $279.33 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.13 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The business has a 50 day moving average of $885.41 and a 200-day moving average of $803.44.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter last year, the firm posted $11.95 EPS. The company’s quarterly revenue was down 3.0% on a year-over-year basis. On average, equities research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.
The Goldman Sachs Group Increases Dividend
The business 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. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.
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.
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