Channing Capital Management LLC Has $12.50 Million Stake in The Goldman Sachs Group, Inc. $GS

Channing Capital Management LLC reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 10.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 15,700 shares of the investment management company’s stock after selling 1,739 shares during the quarter. Channing Capital Management LLC’s holdings in The Goldman Sachs Group were worth $12,503,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth $2,138,031,000. AGF Management Ltd. lifted its position in The Goldman Sachs Group by 2,429.6% during the 2nd quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock worth $343,524,000 after acquiring an additional 466,187 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in The Goldman Sachs Group by 100,678.6% during the second quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock valued at $286,017,000 after acquiring an additional 403,721 shares during the period. Ameriprise Financial Inc. boosted its holdings in The Goldman Sachs Group by 18.2% during the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after acquiring an additional 291,280 shares during the period. Finally, Fisher Asset Management LLC lifted its position 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 purchasing an additional 227,604 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 4,863 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the completion of the transaction, the chief accounting officer owned 10,301 shares in the company, valued at $9,515,548.75. This trade represents a 32.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David A. Viniar sold 45,000 shares of the company’s stock in a transaction that occurred on 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 owned 555,000 shares in the company, valued at approximately $535,758,150. This represents a 7.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 117,283 shares of company stock valued at $112,016,033. Corporate insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Jefferies Financial Group raised their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Barclays increased their price objective on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Finally, Dbs Bank increased their price target on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, November 13th. 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $916.86.

More The Goldman Sachs Group News

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

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $922.03 on Friday. The firm 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 Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The business has a fifty day simple moving average of $922.42 and a 200 day simple moving average of $830.81. 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 (NYSE:GS) last posted its quarterly earnings results 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 Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The firm had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the previous year, the company earned $11.95 earnings per share. The business’s revenue was down 3.0% compared to the same quarter last year. Sell-side analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase 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 2.0%. The Goldman Sachs Group’s payout ratio is presently 31.20%.

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.