First Citizens Bank & Trust Co. Cuts Position in The Goldman Sachs Group, Inc. $GS

First Citizens Bank & Trust Co. trimmed its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 26.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,204 shares of the investment management company’s stock after selling 1,124 shares during the period. First Citizens Bank & Trust Co.’s holdings in The Goldman Sachs Group were worth $2,552,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Gilliland Jeter Wealth Management LLC increased its position in The Goldman Sachs Group by 3.5% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock valued at $309,000 after buying an additional 13 shares in the last quarter. Winthrop Advisory Group LLC boosted its holdings in The Goldman Sachs Group by 3.4% in the second quarter. Winthrop Advisory Group LLC now owns 429 shares of the investment management company’s stock worth $303,000 after acquiring an additional 14 shares in the last quarter. Avion Wealth grew its stake in shares of The Goldman Sachs Group by 31.1% in the second quarter. Avion Wealth now owns 59 shares of the investment management company’s stock worth $41,000 after acquiring an additional 14 shares during the last quarter. KPP Advisory Services LLC increased its holdings in shares of The Goldman Sachs Group by 2.1% during the second quarter. KPP Advisory Services LLC now owns 668 shares of the investment management company’s stock valued at $473,000 after acquiring an additional 14 shares in the last quarter. Finally, FAS Wealth Partners Inc. raised its position in shares of The Goldman Sachs Group by 2.2% in the 2nd quarter. FAS Wealth Partners Inc. now owns 653 shares of the investment management company’s stock worth $462,000 after purchasing an additional 14 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Board raised the quarterly dividend 12.5% to $4.50 per share, which supports income-focused investor demand and signals confidence in capital generation. Goldman Sachs Just Hiked Its Dividend 12.5%. Should You Buy GS Stock Now?
• Positive Sentiment: Goldman is working on underwriting/Advisory mandates and growth equity deals (e.g., leading Cubby’s $63M round and named as an underwriter on Ledger’s planned $4B IPO) — indicators of sustained investment-banking and alternatives fee flow. Exclusive: Cubby raises $63 million in Goldman Sachs-led funding
• Positive Sentiment: Analyst/outlook support: a reported price-target raise to $985 signals bullish expectations from at least one coverage source and can lift sentiment among momentum investors. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $985.00
• Neutral Sentiment: Goldman published research raising its 2026 gold forecast to $5,400/oz — positive for commodities desks and research credibility, but indirect for GS equity performance. Gold hovers near record highs as Goldman Sachs lifts year-end forecast to $5,400
• Neutral Sentiment: Goldman disclosed a 2.92% voting interest in Qiagen (QGEN) under Dutch rules — a notable investment position that could lead to engagement but not an immediate impact on GS’s stock. Goldman Sachs Discloses 2.92% Voting Interest in QIAGEN
• Neutral Sentiment: Ongoing research and market calls (upgrades on names like Spotify, Novo Nordisk) keep Goldman visible in capital markets, but these items mostly reflect franchise strength rather than immediate EPS impact. Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
• Negative Sentiment: CEO David Solomon’s 2025 pay rose ~20% to $47M — a headline that can draw governance scrutiny and short-term investor pushback despite being linked to strong performance. Goldman Sachs CEO David Solomon gets over 20% pay boost in 2025
• Negative Sentiment: Insider selling: a director disposed of sizable GS holdings (reported ~$65M in sales), which can be read negatively by some investors even though insiders still hold material positions. Goldman Sachs (GS) Director Dumps $65M in Stock. Should Investors Worry?

The Goldman Sachs Group Stock Down 3.6%

GS opened at $919.82 on Monday. The stock has a market capitalization of $275.88 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 1.13 and a beta of 1.33. The firm has a 50 day moving average price of $882.31 and a 200-day moving average price of $801.88. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month 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 Goldman Sachs Group (NYSE:GS) last posted its earnings results 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 business had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The firm’s revenue was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $11.95 EPS. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be given a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Rothschild & Co Redburn upped their price target on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. UBS Group upped their target price on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. Keefe, Bruyette & Woods increased 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 report on Friday, January 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of The Goldman Sachs Group from $725.00 to $790.00 and gave the stock a “hold” rating in a report on Tuesday, September 30th. Finally, BMO Capital Markets increased their target price on The Goldman Sachs Group from $980.00 to $985.00 and gave the company a “market perform” rating in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $898.00.

Insiders Place Their Bets

In other The Goldman Sachs Group news, Director David A. Viniar sold 45,000 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $965.33, for a total value of $43,439,850.00. Following the transaction, the director directly owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. This trade represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 68,186 shares of company stock valued at $65,820,670 over the last 90 days. 0.55% of the stock is currently owned by corporate insiders.

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.