The Goldman Sachs Group (NYSE:GS) Stock Unloaded Sen. David McCormick

Senator David McCormick (Republican-Pennsylvania) recently sold shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on February 22nd, the Senator disclosed that they had sold between $1,000,001 and $5,000,000 in The Goldman Sachs Group stock on January 23rd.

Senator David McCormick also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/28/2025.
• Purchased $50,001 – $100,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/26/2025.
• Purchased $15,001 – $50,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/25/2025.
• Purchased $50,001 – $100,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/24/2025.

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $902.33 on Wednesday. The firm’s 50-day moving average price is $922.91 and its 200-day moving average price is $834.04. The Goldman Sachs Group, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70. The company has a market cap of $270.64 billion, a PE ratio of 17.59, a PEG 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 issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The company had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the prior year, the firm earned $11.95 earnings per share. The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders 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 currently 31.20%.

Institutional Trading of The Goldman Sachs Group

Several institutional investors and hedge funds have recently modified their holdings of the company. Dagco Inc. purchased a new position in shares of The Goldman Sachs Group in the fourth quarter valued at about $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of The Goldman Sachs Group during the fourth quarter worth about $26,000. Manning & Napier Advisors LLC raised its stake in The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 23 shares during the period. Harbor Capital Advisors Inc. purchased a new position in The Goldman Sachs Group in the 3rd quarter worth approximately $26,000. Finally, First PREMIER Bank purchased a new position in The Goldman Sachs Group in the 3rd quarter worth approximately $28,000. 71.21% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on GS shares. Wells Fargo & Company raised their price target on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Jefferies Financial Group raised their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Rothschild & Co Redburn increased their price objective 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. Finally, JPMorgan Chase & Co. boosted their target price on shares of The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. One research 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 company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $916.86.

Key Headlines 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 Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction 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 sale, the executive vice president directly owned 39,007 shares in the company, valued at approximately $37,408,883.21. The trade was a 25.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Alex S. Golten sold 1,092 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $936.89, for a total transaction of $1,023,083.88. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 117,283 shares of company stock worth $112,016,033. Insiders own 0.55% of the company’s stock.

About Senator McCormick

David McCormick (Republican Party) is a member of the U.S. Senate from Pennsylvania. He assumed office on January 3, 2025. His current term ends on January 3, 2031.

McCormick (Republican Party) ran for election to the U.S. Senate to represent Pennsylvania. He won in the general election on November 5, 2024.

David McCormick was born in Washington, Pennsylvania, and lives in Pennsylvania. He served in the U.S. Army 82nd Airborne Division as a paratrooper, during which time he was deployed to the Middle East during the First Gulf War and reached the rank of Captain. McCormick received his bachelor’s degree in mechanical engineering from the United States Military Academy at West Point and his Ph.D. in international affairs from Princeton University. His professional experience includes working as the CEO of a tech startup and of Bridgewater Associates, an investment management firm, and under secretary in both the Department of Commerce and the Department of the Treasury.

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.