Federated Hermes Inc. Has $56.62 Million Stake in The Goldman Sachs Group, Inc. $GS

Federated Hermes Inc. reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 8.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,103 shares of the investment management company’s stock after selling 6,841 shares during the period. Federated Hermes Inc.’s holdings in The Goldman Sachs Group were worth $56,623,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of The Goldman Sachs Group in the second quarter worth $2,138,031,000. AGF Management Ltd. grew its stake in The Goldman Sachs Group by 2,429.6% during the second 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. Laurel Wealth Advisors LLC increased its holdings in The Goldman Sachs Group by 100,678.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock valued at $286,017,000 after buying an additional 403,721 shares during the period. Ameriprise Financial Inc. raised its position 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 valued at $1,345,924,000 after buying an additional 291,280 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group by 3.6% during the 2nd 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 period. Institutional investors own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Bank of America sees upside to Goldman Sachs’ earnings into 2026, reinforcing expectations for continued operating leverage from investment banking and trading. This analyst view supports the rally in GS shares. Bank of America sees earnings upside at Goldman Sachs
• Positive Sentiment: Goldman’s strong Q4 results and upbeat investment-banking outlook, plus a higher quarterly dividend ($4.50 per share; ex-div date Mar 2), boost income and capital-return narratives that support valuation. Goldman Sachs Soars on Q4 Post, Strong Investment Banking Outlook
• Positive Sentiment: Recent analyst upgrades/target increases (Wells Fargo, Barclays and others) lift sentiment and provide near‑term buy-side support given GS’s discounted multiple vs. peers. MarketBeat GS analyst roundup
• Neutral Sentiment: Goldman is reportedly one of several banks involved in advisory talks as crypto custodian Copper considers an IPO — this highlights fee opportunities in digital-asset infrastructure but is early-stage and uncertain. Crypto custodian Copper weighs IPO — Cointelegraph
• Neutral Sentiment: Ongoing research flow (macro, metals, AI/semiconductor calls) keeps GS visible to institutional clients — supportive of fee-generating client activity but with mixed direct P&L impact. Goldman vs. Evercore — Zacks
• Negative Sentiment: Insider selling: CEO David Solomon and Treasurer Carey Halio (among others) disclosed stock sales last week, including sizable reductions by senior executives — a near-term negative for sentiment even though sales may be routine. David Solomon SEC Form 4
• Negative Sentiment: Additional insider/insider-sale coverage highlights multiple high-profile exits and sizeable position trims, which can pressure sentiment and lead some investors to trim exposure despite the company’s strong fundamentals. TipRanks: Insider selling roundup

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $938.56 on Friday. The business has a 50 day moving average of $894.77 and a 200-day moving average of $806.87. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65. The company has a market capitalization of $281.50 billion, a P/E ratio of 18.30, a P/E/G ratio of 1.15 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The business had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same period last year, the company earned $11.95 EPS. The firm’s revenue was down 3.0% compared to the same quarter last year. On average, equities research analysts predict 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 disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be issued a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This is a positive change 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 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 9,589 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the transaction, the insider directly owned 18,533 shares of the company’s stock, valued at approximately $17,189,542.83. The trade was a 34.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 completion of the sale, the director directly owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. The trade was a 7.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 87,513 shares of company stock worth $83,718,401 over the last 90 days. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Daiwa Capital Markets lifted their price target on The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada upped their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. Citigroup raised their price objective on The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Finally, Bank of America boosted their target price on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Hold” and an average price target of $898.00.

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.