Heritage Investors Management Corp Sells 3,697 Shares of The Goldman Sachs Group, Inc. $GS

Heritage Investors Management Corp reduced its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 6.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,942 shares of the investment management company’s stock after selling 3,697 shares during the quarter. The Goldman Sachs Group accounts for approximately 1.4% of Heritage Investors Management Corp’s investment portfolio, making the stock its 18th largest holding. Heritage Investors Management Corp’s holdings in The Goldman Sachs Group were worth $45,346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. bought a new position in shares of The Goldman Sachs Group during the third quarter valued at approximately $26,000. First PREMIER Bank purchased a new stake in The Goldman Sachs Group during the third quarter worth $28,000. Corundum Trust Company INC bought a new stake in The Goldman Sachs Group during the 3rd quarter valued at $29,000. Clearstead Trust LLC purchased a new position in shares of The Goldman Sachs Group in the 2nd quarter valued at $31,000. Finally, Elevation Wealth Partners LLC raised its position in shares of The Goldman Sachs Group by 100.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after acquiring an additional 20 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Treasurer Carey Halio sold 2,846 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the sale, the treasurer directly owned 2,017 shares of the company’s stock, valued at $1,870,101.89. This trade represents a 58.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 4,863 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total value of $4,492,196.25. Following the completion of the transaction, the chief accounting officer directly owned 10,301 shares of the company’s stock, valued at $9,515,548.75. The trade was a 32.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 87,513 shares of company stock worth $83,718,401. 0.55% of the stock is currently owned by company insiders.

The Goldman Sachs Group Stock Performance

GS opened at $946.35 on Tuesday. 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 Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The firm has a 50 day moving average of $901.09 and a two-hundred day moving average of $811.55. The firm has a market capitalization of $283.84 billion, a PE ratio of 18.45, a P/E/G ratio of 1.15 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $11.95 earnings per share. On average, analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS 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. Stockholders of record on Monday, March 2nd will be issued a $4.50 dividend. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s payout ratio is presently 35.09%.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Analyst sentiment: a recent price‑target raise to $940 adds upside validation from the Street and supports the stock’s strength. Price Target Raised to $940.00
• Positive Sentiment: Goldman’s earnings/earnings outlook continue to underpin the rally — recent results beat EPS and revenue expectations, supporting valuation metrics and analyst interest (Zacks highlights GS as a stock to watch for earnings growth and price strength). Earnings Growth & Price Strength Make Goldman Sachs a Stock to Watch
• Positive Sentiment: Growth Equity deployment: Goldman led a $75M Series C in Fieldguide (AI-native audit/advisory platform), showcasing deal flow and potential long‑term upside for its alternatives and growth equity franchises. Fieldguide Raises $75M Series C from Goldman Sachs
• Neutral Sentiment: Strategic stake disclosure: Goldman disclosed a 3.26% voting interest in Qiagen (QGEN) — signals portfolio positioning but not an outright control/activist move. Goldman Sachs Discloses 3.26% Voting Interest in QIAGEN
• Neutral Sentiment: Research/products: Goldman research is actively publishing macro and commodity views (e.g., bullish take on gold and “core GDP” nowcasts), which support trading and client revenue but are incremental to fundamentals. Can Gold Keep Rising? Goldman Sachs Says Yes Nowcasting “Core GDP”
• Neutral Sentiment: Analyst/stock picks coverage: Goldman’s own equity research continues to publish actionable picks (coverage items may help advisory and commissions revenue but are not material to near‑term stock moves). Goldman Sachs Picks 2 Stocks
• Negative Sentiment: Insider selling: company insiders reported sales (Treasurer ~$2.64M; CEO ~$255k). While insider sales can be routine, they may create short‑term investor caution. Treasurer Sells $2.64M CEO Sells $255k
• Neutral Sentiment: Affiliate capital markets activity: Goldman Sachs BDC issued $400M of senior notes — relevant for the BDC (GSBD) credit profile but only indirectly affects GS parent equity. Goldman Sachs BDC Issues $400 Million Senior Notes

Analyst Upgrades and Downgrades

Several research firms have issued reports on GS. Royal Bank Of Canada lifted their target price on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Jefferies Financial Group lifted their price objective on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Bank of America increased their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Finally, Morgan Stanley reduced their price target on The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and an average price target of $898.62.

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.