First Trust Advisors LP Has $131.62 Million Position in The Goldman Sachs Group, Inc. $GS

First Trust Advisors LP cut its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 17.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 165,283 shares of the investment management company’s stock after selling 34,850 shares during the quarter. First Trust Advisors LP owned approximately 0.06% of The Goldman Sachs Group worth $131,623,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Hartline Investment Corp lifted its stake in shares of The Goldman Sachs Group by 153.3% during the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after acquiring an additional 860 shares during the period. A4 Wealth Advisors LLC acquired a new stake in The Goldman Sachs Group in the third quarter worth about $940,000. Stevens Capital Management LP bought a new stake in The Goldman Sachs Group during the 3rd quarter worth about $1,392,000. Meridian Wealth Management LLC raised its holdings in The Goldman Sachs Group by 39.4% during the 3rd quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock worth $1,857,000 after purchasing an additional 659 shares during the last quarter. Finally, AlTi Global Inc. lifted its position in The Goldman Sachs Group by 87.3% during the 3rd quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock valued at $23,707,000 after purchasing an additional 13,879 shares during the period. 71.21% of the stock is owned by institutional investors.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 4,863 shares of the stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the completion of the transaction, the chief accounting officer owned 10,301 shares in the company, valued at approximately $9,515,548.75. This represents a 32.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David A. Viniar sold 45,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the sale, the director owned 555,000 shares in the company, valued at $535,758,150. This trade represents a 7.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,283 shares of company stock worth $112,016,033 over the last three months. Company insiders own 0.55% of the company’s stock.

Analyst Upgrades and Downgrades

GS has been the topic of several recent research reports. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. Wells Fargo & Company increased their price objective on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Barclays raised their price objective on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. JPMorgan Chase & Co. lifted their target price on shares of The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, Royal Bank Of Canada upped their target price on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target 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’s research team warned oil could surge above the 2008 peak if the Strait of Hormuz remains closed — a view being widely cited by markets. A sharp commodities move usually boosts trading and FICC revenue for large banks like Goldman, and underscores the firm’s influential market research. Oil hits highest level since 2023 as Iran war triggers historic surge
• Positive Sentiment: Goldman Sachs Alternatives led a $65M Series C in Sage (senior-care tech) — another visible private-equity/growth investment that supports fee income and demonstrates continued dealflow in Alternatives. That helps diversify revenue beyond trading and investment banking. Sage Raises $65M Series C Led By Goldman Sachs Alternatives
• Positive Sentiment: Goldman Alternatives completed/participated in other PE investments (Mace Consult, Schellman), signaling active private markets deployment and potential management fees/carry down the road. These deals support the firm’s strategic push into Alternatives. Mace Consult Launches as a Standalone Company
• Neutral Sentiment: Analysts’ consensus on GS remains around a “Hold” and the stock is drawing investor attention — no immediate downgrade wave but mixed sentiment persists. GS Given Average Recommendation of “Hold” by Brokerages
• Neutral Sentiment: Goldman strategists and research notes (eg. buy dips on Iran/AI themes) are shaping market positioning — useful for investor guidance but not an immediate earnings driver. Goldman Strategists Say Buy Any Stocks Dip From Iran and AI
• Negative Sentiment: High-profile warnings about private credit (Lloyd Blankfein) and comments from CEO David Solomon flag “frothiness” and hidden risks in private credit — a sector where Goldman has significant exposure via Alternatives and lending businesses. That concern can pressure the stock due to potential mark-to-market, diligence costs or increased capital requirements. Something on Wall Street ‘Smells Like’ 2008, Says Former Goldman Sachs Chief
• Negative Sentiment: Legal/reputational headline risk: reporting shows Goldman’s top lawyer is expected to testify in connection with DOJ document releases tied to Epstein — this creates headline uncertainty and could weigh on sentiment even if it does not produce direct financial exposure. Epstein files: DOJ plans to release new batch of documents

The Goldman Sachs Group Price Performance

Shares of GS stock opened at $820.95 on Monday. 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 firm has a fifty day moving average of $918.59 and a 200-day moving average of $841.78. The firm has a market capitalization of $243.62 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 1.01 and a beta of 1.34.

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 the consensus estimate of $11.52 by $2.03. The business had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The firm’s revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $11.95 EPS. On average, 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 35.09%.

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.