Bank of Montreal Can Has $1.12 Billion Position in The Goldman Sachs Group, Inc. $GS

Bank of Montreal Can grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 9.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,410,511 shares of the investment management company’s stock after buying an additional 121,522 shares during the quarter. Bank of Montreal Can owned 0.47% of The Goldman Sachs Group worth $1,123,260,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fisher Asset Management LLC boosted its position in shares of The Goldman Sachs Group by 1.9% during the 3rd quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock valued at $5,304,824,000 after acquiring an additional 121,676 shares in the last quarter. Norges Bank acquired a new position in The Goldman Sachs Group in the second quarter worth about $2,138,031,000. Legal & General Group Plc lifted its stake in The Goldman Sachs Group by 1.4% during the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after purchasing an additional 28,642 shares during the period. Ameriprise Financial Inc. lifted its stake 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 worth $1,345,924,000 after purchasing an additional 291,280 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in The Goldman Sachs Group by 2.8% during 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 purchasing an additional 48,835 shares in the last quarter. 71.21% of the stock is owned by institutional investors.

Analysts Set New Price Targets

GS has been the topic of several analyst reports. BNP Paribas Exane upped their price objective on 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. Rothschild & Co Redburn raised their target price 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. UBS Group reaffirmed a “neutral” rating and issued a $990.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, February 4th. Barclays upped their price target 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. Finally, Royal Bank Of Canada increased their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $916.86.

Insider Buying and Selling at The Goldman Sachs Group

In related news, EVP John F.W. Rogers sold 13,151 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the transaction, the executive vice president owned 39,007 shares in the company, valued at $37,408,883.21. The trade was a 25.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Treasurer Carey Halio sold 2,846 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total value of $2,638,725.82. Following the transaction, the treasurer directly owned 2,017 shares in the company, valued at approximately $1,870,101.89. This represents a 58.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 117,283 shares of company stock valued at $112,016,033 over the last three months. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $832.42 on Tuesday. The stock has a 50-day simple moving average of $917.40 and a 200 day simple moving average of $842.60. The stock has a market capitalization of $247.02 billion, a price-to-earnings ratio of 16.23, a P/E/G ratio of 1.01 and a beta of 1.34. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion for 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 15.72%. The company’s revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $11.95 EPS. On average, 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 business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This is a positive change 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 2.2%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: UBS raised its price target on GS, citing a stronger capital markets outlook — a signal to investors that analysts expect continued fee and underwriting strength. Article Title
• Positive Sentiment: Goldman is pitching a new product to hedge funds letting them take long or short positions on corporate loans, which could grow trading flow and fee opportunities in credit markets. Article Title
• Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance and compliance offerings — a strategic move to boost fee-bearing private markets and services revenue tied to AI oversight demand. Article Title
• Positive Sentiment: Goldman is positioned on IPO pipeline activity (e.g., Nscale funding and pre-IPO work), suggesting potential future underwriting and advisory fees. Article Title
• Neutral Sentiment: Goldman research and market notes (on momentum trades, ETF flows and oil) are guiding client positioning but are informational rather than immediate revenue drivers. Article Title
• Neutral Sentiment: Goldman commentary on oil and commodities highlights volatility and longer-term scenarios for energy prices — relevant for trading desks but not a direct corporate-credit event. Article Title
• Neutral Sentiment: Regulatory transparency filings show Goldman holdings in Ontex; routine disclosure that has limited market impact. Article Title
• Negative Sentiment: Goldman-led lenders are bracing for losses on debt tied to Arclin after demand cooled — a credit loss scenario that could pressure provisions or mark-to-market results for underwriting/loan exposures. Article Title
• Negative Sentiment: Broader market moves — bond sell-offs on inflation fears and rising ETF short activity — raise trading volatility that can both help or hurt GS trading revenues; the immediate read is higher risk to near-term results. Article Title

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.