Dakota Wealth Management Increases Position in The Goldman Sachs Group, Inc. $GS

Dakota Wealth Management lifted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 23.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,199 shares of the investment management company’s stock after acquiring an additional 3,889 shares during the period. Dakota Wealth Management’s holdings in The Goldman Sachs Group were worth $16,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GS. Hartline Investment Corp raised its holdings in shares of The Goldman Sachs Group by 153.3% during the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock worth $1,132,000 after purchasing an additional 860 shares during the last quarter. A4 Wealth Advisors LLC purchased a new position in shares of The Goldman Sachs Group during the 3rd quarter valued at about $940,000. Stevens Capital Management LP acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $1,392,000. Meridian Wealth Management LLC boosted its stake in shares of The Goldman Sachs Group by 39.4% in the third quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock worth $1,857,000 after buying an additional 659 shares during the last quarter. Finally, AlTi Global Inc. grew its holdings in The Goldman Sachs Group by 87.3% during the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock worth $23,707,000 after acquiring an additional 13,879 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Down 3.3%

GS stock opened at $891.96 on Tuesday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The company has a quick ratio of 0.65, a current ratio of 1.13 and a debt-to-equity ratio of 2.29. The firm has a 50-day simple moving average of $922.45 and a 200-day simple moving average of $832.77. The stock has a market capitalization of $267.52 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.13 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating 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 analyst estimates of $14.30 billion. During the same period last year, the company posted $11.95 EPS. The Goldman Sachs Group’s quarterly revenue was down 3.0% compared to the same quarter last year. Equities analysts forecast 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 company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be paid a $4.50 dividend. 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 of this dividend is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is presently 31.20%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman raised its 2026 crude forecasts (Brent and WTI) citing lower OECD stockpiles and expects OPEC+ to gradually add supply — a view that supports higher oil prices and could boost Goldman’s commodities trading and advisory businesses. Article Link
• Positive Sentiment: Goldman cut its forecast for Iraq’s 2026 oil output, implying tighter supply than previously expected — another factor lifting near-term oil price expectations and supporting Goldman’s trading desks. Article Link
• Positive Sentiment: Goldman raised its Q4 oil price outlook after seeing lower OECD stocks, a research-driven repricing that helps trading and structuring revenue leverage to energy markets. Article Link
• Positive Sentiment: Goldman’s research/coverage actions — including initiating coverage of Credo Technology Group (CRDO) with a Buy and setting a $165 target — highlight ongoing investment-banking and equity research activity that can support deal flow and client engagement. Article Link
• Neutral Sentiment: Market commentary notes multiple banks (including Goldman) have lifted oil price targets as supply dynamics shift; this supports GS’s commodities view but is already priced into markets to varying degrees. Article Link
• Negative Sentiment: Goldman’s Prime Services desk reports hedge funds have been the fastest net sellers of global equities since last April — a drawdown in client activity that can reduce trading volumes, prime-broker fees and short-term revenue. Article Link
• Negative Sentiment: The Supreme Court’s tariff decisions and subsequent market/legal fallout have left uncertainty around consumer prices and trade policy; Goldman warns prices won’t quickly fall, which keeps inflation and policy risk elevated and may weigh on risk assets and client activity. Article Link

Insider Activity

In other news, EVP John F.W. Rogers sold 13,151 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the sale, the executive vice president owned 39,007 shares of the company’s stock, valued at $37,408,883.21. This represents a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alex S. Golten sold 1,092 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $936.89, for a total transaction of $1,023,083.88. The SEC filing for this sale provides additional information. Insiders sold 117,283 shares of company stock valued at $112,016,033 in the last three months. Company insiders own 0.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on GS shares. HSBC boosted their price target on The Goldman Sachs Group from $742.00 to $802.00 in a report on Friday, February 6th. BNP Paribas Exane boosted their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Keefe, Bruyette & Woods raised their price target on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a research report on Friday, January 16th. Dbs Bank lifted their price objective 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. Finally, Autonomous Res lowered their target price on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. One equities 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 MarketBeat, the stock has an average rating of “Hold” and an average price target of $916.86.

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.