Bleakley Financial Group LLC lifted its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 8.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,832 shares of the investment management company’s stock after purchasing an additional 1,125 shares during the quarter. Bleakley Financial Group LLC’s holdings in The Goldman Sachs Group were worth $11,015,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Harbor Capital Advisors Inc. purchased a new position in The Goldman Sachs Group during the third quarter worth $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter worth about $28,000. Corundum Trust Company INC purchased a new position in shares of The Goldman Sachs Group during the 3rd quarter worth about $29,000. Clearstead Trust LLC bought a new position in The Goldman Sachs Group during the 2nd quarter valued at about $31,000. Finally, Elevation Wealth Partners LLC raised its position in 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 purchasing an additional 20 shares during the period. Institutional investors own 71.21% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have issued reports on GS shares. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Autonomous Res cut their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. Argus increased their target price on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. boosted their target price on shares of The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Finally, Jefferies Financial Group upped their price target on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $916.86.
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: CEO David Solomon says he personally owns a small amount of Bitcoin — a notable shift from prior skepticism that could signal greater executive comfort with crypto and bolster investor expectations for Goldman’s digital-asset strategy and client offerings. Goldman Sachs CEO David Solomon Now Owns Bitcoin. Should You Buy the No. 1 Crypto Here?
- Positive Sentiment: Goldman is advising on a €1 billion marina business sale alongside CVC — a meaningful investment-banking mandate that can drive near-term fees and underscores Goldman’s deal flow in Europe. CVC Is Working With Goldman Sachs on €1 Billion Marina Business Sale
- Positive Sentiment: Petershill (Goldman’s investment platform) is seeking $5 billion to buy more private stakes — this would expand fee-bearing AUM/asset-management revenue and diversify revenue away from trading cycles. Goldman’s Petershill seeks $5 billion for more private stakes
- Positive Sentiment: Reports show hedge-fund manager Duquesne added a new position in Goldman in Q4 — institutional purchases can support the stock and reflect confidence from prominent money managers. Famous Hedge Fund Duquesne Is Buying Up This 1 Big Bank Stock. Should You?
- Neutral Sentiment: Pakistan launched a regulated crypto sandbox testing stablecoins, tokenization and remittances; coverage notes mention global players including Goldman — could open business opportunities but timing and revenue impact are uncertain. Pakistan Goes Live With Crypto Regulatory Sandbox: Here’s What It Means for Digital Assets
- Neutral Sentiment: Goldman’s research is actively publishing bullish calls (e.g., MP Materials, rare-earths coverage) — positive for franchise and investor relations but indirect for immediate revenue. Goldman Sachs Says MP Materials Stock Can Gain More Than 30% From Here. Should You Buy MP Stock?
- Negative Sentiment: Goldman will drop DEI criteria for board-member selection — this change has prompted media coverage and could create reputational and governance scrutiny that some investors may view negatively. Goldman Scraps DEI Test for Boardroom Seats, Downtown on Edge
- Negative Sentiment: RBC hired a Goldman equities trader to lead its algorithm efforts — a small talent loss that highlights competitive pressure for top trading staff. RBC Hires Goldman Trader Noel Reyes in Equity Algorithm Push
Insider Activity at The Goldman Sachs Group
In related news, 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 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. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $927.51, for a total value of $8,893,893.39. Following the sale, the insider directly owned 18,533 shares in the company, valued at $17,189,542.83. This trade represents a 34.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock valued at $112,016,033 over the last quarter. 0.55% of the stock is owned by insiders.
The Goldman Sachs Group Price Performance
GS opened at $922.03 on Friday. The company has a market capitalization of $276.54 billion, a price-to-earnings ratio of 17.98, a PEG ratio of 1.13 and a beta of 1.34. 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 business’s fifty day simple moving average is $922.42 and its 200-day simple moving average is $830.81.
The Goldman Sachs Group (NYSE:GS – Get Free Report) 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 company had revenue of $15.71 billion during 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 firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $11.95 earnings per share. On average, equities research 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be paid a dividend of $4.50 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is 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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