First Financial Bankshares Inc Sells 1,146 Shares of The Goldman Sachs Group, Inc. $GS

First Financial Bankshares Inc lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 76.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 356 shares of the investment management company’s stock after selling 1,146 shares during the quarter. First Financial Bankshares Inc’s holdings in The Goldman Sachs Group were worth $284,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in The Goldman Sachs Group during the second quarter worth about $2,138,031,000. AGF Management Ltd. raised its stake in The Goldman Sachs Group by 2,429.6% in the second quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock valued at $343,524,000 after buying an additional 466,187 shares during the period. Laurel Wealth Advisors LLC lifted its position in shares of The Goldman Sachs Group by 100,678.6% in 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 buying an additional 403,721 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of The Goldman Sachs Group by 18.2% in 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 buying an additional 291,280 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its stake 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 acquiring an additional 227,604 shares during the period. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

NYSE GS opened at $902.33 on Wednesday. The firm has a 50-day moving average price of $922.91 and a two-hundred day moving average price of $834.04. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The company has a market capitalization of $270.64 billion, a P/E ratio of 17.59, a P/E/G ratio of 1.10 and a beta of 1.34. 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 Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period last year, the firm earned $11.95 earnings per share. Analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a $4.50 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 2.0%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is presently 31.20%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group increased their price target on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada upped their price objective on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a report on Tuesday, January 20th. Keefe, Bruyette & Woods raised their target price on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research note on Friday, January 16th. Barclays lifted their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Finally, UBS Group reissued a “neutral” rating and issued a $990.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $916.86.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is named as an advisor/underwriter on a potential RedotPay US IPO, which could generate meaningful investment-banking fees if it proceeds. RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report
• Positive Sentiment: Goldman’s research/coverage activity continues to feed its advisory and trading pipelines — e.g., initiating coverage of Credo Technology (CRDO) with a Buy — supporting recurring research and IB revenue. Goldman Sachs Initiates Coverage of Credo Technology Group Holding Ltd (CRDO) Stock
• Neutral Sentiment: Goldman revised oil price forecasts higher for 2026/Q4 on lower OECD stocks — a research call that influences markets and trading flows but is not a direct firm financial event. Oil Prices Rise Ahead of U.S.-Iran Talks. Goldman Sachs Lifts 2026 Forecast.
• Neutral Sentiment: Goldman publicly flagged that equity-market risk is the biggest near-term risk to the US economy — a macro view that can heighten volatility in GS trading and prime services revenue but doesn’t directly change fundamentals. Goldman Sachs Dividend Stocks: Top 14 Stock Picks
• Neutral Sentiment: Goldman removed formal DEI criteria from its board director selection policy — a governance shift aligning with peers; investors will watch market/ESG community reaction but immediate financial impact is limited. Goldman Sachs Governance Shift Drops DEI Criteria As Valuation Stays Premium
• Negative Sentiment: A U.S. senator sold GS stock after a strong prior gain — an SEC filing that can attract negative investor attention and short-term sentiment pressure. Senator Ditches Goldman Sachs Stock After 55% Gain In 2025: What Investors Should Know
• Negative Sentiment: Goldman’s CEO (and the NYSE president) attended a Trump‑backed crypto event — a move that drew media attention and could present reputational risk for some clients or stakeholders. Goldman CEO, NYSE President Attend Trump-Backed World Liberty Crypto Event

Insider Activity

In related news, Treasurer Carey Halio sold 2,846 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the completion of the sale, the treasurer owned 2,017 shares of the company’s stock, valued at $1,870,101.89. This represents a 58.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David M. Solomon sold 272 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $938.92, for a total transaction of $255,386.24. Following the sale, the chief executive officer owned 125,527 shares in the company, valued at $117,859,810.84. The trade was a 0.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group 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.