Prospera Financial Services Inc lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 5.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,428 shares of the investment management company’s stock after selling 541 shares during the quarter. Prospera Financial Services Inc’s holdings in The Goldman Sachs Group were worth $7,512,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Harbor Capital Advisors Inc. acquired a new stake in The Goldman Sachs Group during the 3rd quarter worth about $26,000. First PREMIER Bank bought a new position in The Goldman Sachs Group during the third quarter worth $28,000. Corundum Trust Company INC acquired a new stake in shares of The Goldman Sachs Group during the 3rd quarter worth approximately $29,000. Elevation Wealth Partners LLC lifted its holdings in shares of The Goldman Sachs Group by 100.0% during 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 during the period. 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.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on GS shares. BMO Capital Markets raised their price target on The Goldman Sachs Group from $980.00 to $985.00 and gave the company a “market perform” rating in a report on Tuesday, January 20th. JPMorgan Chase & Co. lifted their price objective on The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Dbs Bank lifted their target price on The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Citigroup lifted their target price on The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Finally, Argus raised their price objective on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $916.86.
The Goldman Sachs Group Stock Up 0.5%
NYSE GS opened at $948.40 on Wednesday. The business has a fifty day moving average price of $914.60 and a two-hundred day moving average price of $820.58. The stock has a market capitalization of $284.45 billion, a PE ratio of 18.49, a PEG ratio of 1.16 and a beta of 1.34. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week 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 Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping 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 period in the prior year, the company earned $11.95 EPS. The Goldman Sachs Group’s revenue for the quarter was down 3.0% on a year-over-year basis. Equities analysts expect 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given 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 dividend payout ratio is 31.20%.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman presented at the UBS Financial Services Conference; management reiterated confidence in deal pipelines and client activity, which supports advisory and underwriting revenue expectations. The Goldman Sachs Group, Inc. (GS) Presents at UBS Financial Services Conference 2026 Transcript
- Positive Sentiment: CEO David Solomon said financial sponsors (PE firms) under pressure to return capital may boost dealmaking — a direct tailwind for M&A, leveraged finance and advisory fees. Goldman Sachs CEO says financial sponsors may boost dealmaking activity
- Positive Sentiment: Goldman is lead arranger for up to $1B acquisition financing for Presidio — an example of fee-bearing financing activity and balance-sheet-led client solutions. This highlights GS’s wholesale financing and syndication franchise at work. Presidio Announces Proposed $1 Billion Acquisition Financing Facility with Goldman Sachs
- Positive Sentiment: Goldman projects a rebound in the U.S. IPO market to a record ~$160B in 2026 — if realized, this would boost underwriting fees and equity capital markets revenue. Goldman Sachs (GS) Forecasts U.S. IPO Market Will Hit a Record $160 Billion This Year
- Neutral Sentiment: Goldman’s research and strategy pieces (memory market, software picks, REIT lists) keep GS visible across equity research and institutional flow — supportive of fee and trading relationships but not immediately revenue-binding. 4 Beaten‑Down Software Stocks To Buy After Sector Crash: Goldman Sachs
- Neutral Sentiment: Media pieces highlighting GS as a blue‑chip stock pick or covering analyst ratings/price-target moves keep investor focus on fundamentals and multiples but are routine and have mixed near-term impact. 5 Blue-Chip Stocks to Buy as Dow Hits a New Milestone
- Negative Sentiment: Goldman traders and research highlighted elevated market fragility and warned U.S. stocks remain vulnerable to further selling; weaker markets could pressure trading revenue and risk-taking activity. Goldman Traders Warn Stock Selling Isn’t Over in Choppy Market
- Negative Sentiment: CEO Solomon described the recent software-sector rout as “too broad,” implicitly flagging downside risk in tech positions and market volatility that can weight trading and principal-investing results. Goldman Sachs CEO Solomon calls software rout ‘too broad’ as Wall Street looks to steady investor nerves
Insiders Place Their Bets
In related news, insider Kathryn H. Ruemmler sold 9,589 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the transaction, the insider owned 18,533 shares in the company, valued at $17,189,542.83. The trade was a 34.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Sheara J. Fredman sold 4,863 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total value of $4,492,196.25. Following the transaction, the chief accounting officer directly owned 10,301 shares in the company, 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. Insiders sold a total of 87,513 shares of company stock valued at $83,718,401 in the last 90 days. Company insiders own 0.55% of the company’s stock.
The Goldman Sachs Group Company 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.
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