Woodard & Co. Asset Management Group Inc. ADV raised its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 87.0% in the third quarter, HoldingsChannel reports. The fund owned 5,218 shares of the investment management company’s stock after purchasing an additional 2,427 shares during the period. The Goldman Sachs Group accounts for approximately 0.7% of Woodard & Co. Asset Management Group Inc. ADV’s investment portfolio, making the stock its 27th largest holding. Woodard & Co. Asset Management Group Inc. ADV’s holdings in The Goldman Sachs Group were worth $4,156,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in GS. Norges Bank acquired a new position in shares of The Goldman Sachs Group in the 2nd quarter valued at $2,138,031,000. Ninety One UK Ltd acquired a new stake in The Goldman Sachs Group during the second quarter valued at $408,780,000. AGF Management Ltd. increased its holdings in The Goldman Sachs Group by 2,429.6% in the second quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock valued at $343,524,000 after buying an additional 466,187 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in The Goldman Sachs Group by 100,678.6% in 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 buying an additional 403,721 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of The Goldman Sachs Group by 18.2% in the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after acquiring an additional 291,280 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.
Insider Activity at The Goldman Sachs Group
In related news, Director David A. Viniar sold 19,796 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $964.27, for a total transaction of $19,088,688.92. Following the transaction, the director owned 103,390 shares in the company, valued at approximately $99,695,875.30. This trade represents a 16.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 68,186 shares of company stock valued at $65,820,670 over the last ninety days. 0.55% of the stock is currently owned by company insiders.
The Goldman Sachs Group Price Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping 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 firm had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same period in the previous year, the business posted $11.95 earnings per share. The Goldman Sachs Group’s quarterly revenue was down 3.0% on a year-over-year basis. On average, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.
The Goldman Sachs Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. 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%.
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman raised its end‑2026 gold price forecast to $5,400/oz, citing structural demand from central banks and private buyers — this bullish view can boost GS’s metals trading, research credibility and potential client flow. Read More.
- Positive Sentiment: Qatar Investment Authority and Goldman agreed a $25B investment collaboration — a large strategic client relationship that can generate long‑term fees and deal activity. Read More.
- Positive Sentiment: Goldman reportedly is exiting the Apple Card partnership and simultaneously raised its dividend by 50% — the dividend bump is shareholder‑friendly and the Apple Card exit signals a re‑focus of consumer credit exposure. Read More.
- Positive Sentiment: Leadership moves: Ben Frost promoted as chairman of investment banking and internal promotions in the consumer/retail bank — management changes emphasize deal execution focus after a strong IB performance last year. Read More.
- Positive Sentiment: Analyst upgrades/ratings: Zacks upgraded GS to “strong‑buy” and BMO nudged its target slightly higher — supportive analyst sentiment can help near‑term demand for the stock. Read More. · Read More.
- Neutral Sentiment: Goldman’s research notes on secular themes (e.g., data‑center power demand, AI compute leadership) underline franchise strength across sector coverage but are unlikely to move stock without near‑term revenue proof. Read More.
- Neutral Sentiment: Goldman Sachs BDC refinanced $505M under a credit facility — a routine capital action for its BDC arm with limited direct impact on GS parent stock. Read More.
- Negative Sentiment: Insider selling: Director David Viniar sold shares totaling roughly $65M in mid‑January (multiple SEC filings) — sizable insider sales can weigh on sentiment even though insiders still hold large positions. Read More.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on GS shares. Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Daiwa Capital Markets increased their price target on The Goldman Sachs Group from $823.00 to $927.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 6th. Barclays raised their price objective on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods upped their target price on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research note on Friday, January 16th. 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 report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Hold” and a consensus price target of $898.00.
View Our Latest Analysis on GS
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.
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