Donaldson Capital Management LLC Has $64.50 Million Holdings in The Goldman Sachs Group, Inc. $GS

Donaldson Capital Management LLC grew its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,383 shares of the investment management company’s stock after buying an additional 3,183 shares during the quarter. The Goldman Sachs Group makes up approximately 2.1% of Donaldson Capital Management LLC’s portfolio, making the stock its 19th largest position. Donaldson Capital Management LLC’s holdings in The Goldman Sachs Group were worth $64,504,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Hartline Investment Corp lifted its holdings in shares of The Goldman Sachs Group by 153.3% in the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after purchasing an additional 860 shares in the last quarter. A4 Wealth Advisors LLC purchased a new position in shares of The Goldman Sachs Group during the third quarter valued at $940,000. Stevens Capital Management LP purchased a new position in shares of The Goldman Sachs Group during the third quarter valued at $1,392,000. Meridian Wealth Management LLC raised its position in The Goldman Sachs Group by 39.4% during the third quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock valued at $1,857,000 after buying an additional 659 shares during the period. Finally, AlTi Global Inc. raised its position 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 valued at $23,707,000 after buying an additional 13,879 shares during the period. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Price Performance

GS opened at $803.33 on Monday. The stock has a fifty day moving average price of $884.66 and a 200 day moving average price of $849.28. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The stock has a market cap of $236.98 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 0.97 and a beta of 1.34.

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 Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The company had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same period in the prior year, the firm posted $11.95 EPS. The business’s revenue was down 3.0% compared to the same quarter last year. Analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS 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. Investors of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 35.09%.

Insider Transactions at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 4,863 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief accounting officer owned 10,301 shares of the company’s stock, valued at approximately $9,515,548.75. This trade represents a 32.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the completion of the sale, the chief financial officer owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This trade represents a 28.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 117,283 shares of company stock valued at $112,016,033 in the last ninety days. 0.55% of the stock is currently owned by insiders.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is among banks that arranged a $40B unsecured bridge loan to SoftBank to fund additional OpenAI investment — a sizable lending/arranging role that can generate fees and visibility for GS’s corporate finance business. SoftBank $40B loan
• Positive Sentiment: Goldman was appointed financial advisor to Golar LNG in a strategic review — another advisory mandate that can drive near-term fees. Golar LNG advisory
• Positive Sentiment: Market chatter puts Goldman as a leading contender to lead a potential SpaceX IPO — if it happens, underwriting fees would be material. SpaceX IPO speculation
• Neutral Sentiment: Goldman research says institutional deleveraging could clear a path for U.S. stocks to rise — this supports trading desks but is a forward-looking view rather than immediate revenue. Institutional deleveraging outlook
• Neutral Sentiment: Goldman-backed Canton Network integrated with LayerZero to enable cross-chain transfers — strategic for GS’s digital-asset ecosystem but not yet a large revenue driver. Canton–LayerZero integration
• Negative Sentiment: Insiders sold roughly $136M of GS stock — significant insider selling can sap investor confidence about near-term outlook. Insider selling
• Negative Sentiment: Former CEO Lloyd Blankfein and other commentators warn of elevated “fire” risk and mark‑to‑market pressure in private markets — a direct concern for Goldman given its sizable private‑markets exposure. Private-market markdown risk
• Negative Sentiment: Goldman’s own macro work highlights a large Iran-driven oil supply shock and estimates jobs losses — the geopolitical shock raises market volatility and downside risks to GS’s trading and investment banking outlook. Iran oil shock analysis
• Negative Sentiment: Goldman disclosed a $152M exposure to spot XRP ETFs — positive for asset‑management growth but increases GS’s exposure to crypto volatility and regulatory/market risk. XRP ETF exposure
• Negative Sentiment: Goldman downgraded Indian equities and cut its Nifty target, flagging energy‑shock led earnings cuts — a sign the firm sees regional downside that could reduce future deal flow in Asia. India downgrade

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. 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. Autonomous Res dropped their target price on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. Barclays increased their price target on shares of 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. BMO Capital Markets raised their price target on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a report on Tuesday, January 20th. Finally, Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Eight analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus price target of $919.29.

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.