Coastline Trust Co Grows Position in The Goldman Sachs Group, Inc. $GS

Coastline Trust Co raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 63.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,153 shares of the investment management company’s stock after purchasing an additional 1,223 shares during the period. Coastline Trust Co’s holdings in The Goldman Sachs Group were worth $2,771,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Norges Bank bought a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at approximately $2,138,031,000. Wellington Management Group LLP raised its stake in The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after acquiring an additional 936,015 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in The Goldman Sachs Group by 100,678.6% during the second quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock valued at $286,017,000 after purchasing an additional 403,721 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings 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 valued at $1,345,924,000 after purchasing an additional 291,280 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of The Goldman Sachs Group by 3.6% in the second quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock worth $4,628,507,000 after purchasing an additional 227,604 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GS. Barclays increased their price objective on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. BMO Capital Markets upped their target price 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. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Royal Bank Of Canada raised their price target on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a report on Tuesday, January 20th. Finally, Jefferies Financial Group upped their price objective on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Eight analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $919.29.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Sara Naison‑Tarajano named head of Ayco, Goldman’s $26B wealth‑planning business — signals focus on scaling client wealth services and recurring-fee revenue. Goldman Sachs Names Sara Naison-Tarajano as Head of $26B Ayco
• Positive Sentiment: GS invested $42.5M minority stake in GeoWealth to deepen technology and asset‑management distribution — strategic tie‑up that can broaden adviser channels and recurring fees. Goldman Sachs Buys $42.5 Million Minority Stake in GeoWealth. Here’s Why.
• Positive Sentiment: Reported early talks to raise at least $10B for a private‑credit fund — a potential AUM/fee growth engine if completed. Goldman Sachs in early talks to raise at least $10B for private credit fund – report
• Positive Sentiment: GS (with peers) offering products that let hedge funds short the private‑credit market — could boost trading and structuring revenue amid private‑credit worries. Goldman Sachs and JPMorgan offer hedge funds ways to bet against private credit market
• Neutral Sentiment: KBRA assigned preliminary ratings to GS‑sponsored RMBS trust 2026‑HE1 (a $301.4M HELOC securitization) — routine capital markets activity but increases balance‑sheet distribution. KBRA Assigns Preliminary Ratings to GS Mortgage-Backed Securities Trust 2026-HE1 (GSMBS 2026-HE1)
• Neutral Sentiment: Financial sector trading was mixed in late afternoon — a reminder GS moves partly reflect broader bank/market sentiment tied to oil, inflation and rates. Sector Update: Financial Stocks Mixed Late Afternoon
• Negative Sentiment: Multiple reports say Goldman will run small, performance‑based job cuts starting in April — short‑term cost control that can hurt morale and draw investor scrutiny on execution and upcoming results. Goldman Sachs to make small job cuts on performance in April, source says
• Negative Sentiment: Arbitration filing alleges Goldman pressured a $1.6B adviser into forced retirement — potential reputational and legal risk if the dispute escalates. Goldman Sachs Gave $1.6B Adviser 24 Hours to Accept Forced Retirement or Be Fired, Arbitration Filing Says
• Negative Sentiment: Zacks downgraded GS from “strong‑buy” to “hold” — analyst sentiment softened, which can weigh on short‑term investor appetite. Zacks Research Downgrade

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $810.10 on Friday. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a fifty day moving average price of $899.61 and a 200 day moving average price of $844.56. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $984.70. The firm has a market cap of $240.40 billion, a price-to-earnings ratio of 15.79, a P/E/G ratio of 0.99 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The company had revenue of $15.71 billion for 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 15.72%. The Goldman Sachs Group’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $11.95 EPS. As a group, sell-side analysts expect 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 company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is presently 35.09%.

Insider Buying and Selling

In other The Goldman Sachs Group news, CEO David M. Solomon sold 272 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total value of $255,386.24. Following the sale, the chief executive officer owned 125,527 shares of the company’s stock, valued at $117,859,810.84. The trade was a 0.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Alex S. Golten sold 1,092 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $936.89, for a total value of $1,023,083.88. The SEC filing for this sale provides additional information. Insiders sold 117,283 shares of company stock valued at $112,016,033 in the last ninety days. Company insiders own 0.55% of the company’s stock.

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.