The Goldman Sachs Group, Inc. $GS Shares Sold by Apriem Advisors

Apriem Advisors cut its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 5.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,433 shares of the investment management company’s stock after selling 805 shares during the period. The Goldman Sachs Group makes up about 1.1% of Apriem Advisors’ holdings, making the stock its 21st largest holding. Apriem Advisors’ holdings in The Goldman Sachs Group were worth $11,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in GS. Fisher Asset Management LLC grew its holdings in The Goldman Sachs Group by 3.6% in the 2nd quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock valued at $4,628,507,000 after buying an additional 227,604 shares in the last quarter. Bank of New York Mellon Corp raised its stake in The Goldman Sachs Group by 4.9% during the second quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock worth $2,392,124,000 after purchasing an additional 157,473 shares during the period. Norges Bank acquired a new position in The Goldman Sachs Group in the 2nd quarter valued at about $2,138,031,000. Ameriprise Financial Inc. grew its stake in shares of The Goldman Sachs Group by 18.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after buying an additional 291,280 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in The Goldman Sachs Group by 2.8% in the second quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock valued at $1,285,032,000 after acquiring an additional 48,835 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on GS. Rothschild & Co Redburn raised their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Bank of America raised their price target on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Finally, Barclays upped their price objective on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $916.86.

The Goldman Sachs Group Stock Down 3.3%

Shares of NYSE GS opened at $891.96 on Tuesday. The business has a 50-day moving average of $922.45 and a two-hundred day moving average of $832.77. The company has a market capitalization of $267.52 billion, a price-to-earnings ratio of 17.39, a price-to-earnings-growth ratio of 1.13 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year 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) last issued its earnings results 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 business had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business’s quarterly revenue was down 3.0% on a year-over-year basis. During the same quarter last year, the company earned $11.95 EPS. On average, 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 business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be paid a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 2.0%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) 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 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 Transactions at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 1,092 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $936.89, for a total transaction of $1,023,083.88. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO David M. Solomon sold 272 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total transaction of $255,386.24. Following the transaction, the chief executive officer owned 125,527 shares in the company, valued at approximately $117,859,810.84. This trade represents a 0.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 117,283 shares of company stock worth $112,016,033. 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.