Teacher Retirement System of Texas Has $52.70 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Teacher Retirement System of Texas lessened its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 18.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 66,180 shares of the investment management company’s stock after selling 14,609 shares during the period. Teacher Retirement System of Texas’ holdings in The Goldman Sachs Group were worth $52,702,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Dogwood Wealth Management LLC increased its stake in The Goldman Sachs Group by 1,800.0% during the 2nd quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 36 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of The Goldman Sachs Group in the third quarter valued at $26,000. First PREMIER Bank acquired a new position in shares of The Goldman Sachs Group during the third quarter valued at about $28,000. Corundum Trust Company INC bought a new stake in shares of The Goldman Sachs Group during the third quarter worth about $29,000. Finally, Clearstead Trust LLC bought a new stake in shares of The Goldman Sachs Group during the second quarter worth about $31,000. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director David A. Viniar sold 19,796 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $964.27, for a total value of $19,088,688.92. Following the sale, the director directly owned 103,390 shares in the company, valued at $99,695,875.30. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 68,186 shares of company stock valued at $65,820,670 over the last three months. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman hiked its cash dividend (new payout reported at $4.50/share), a direct boost to shareholder yield and a sign of capital confidence that often supports bank share prices. Goldman Sachs Just Hiked Its Dividend 12.5%
• Positive Sentiment: Goldman announced a $25bn investment collaboration with Qatar Investment Authority (QIA), a large strategic win that can generate fee income, underwriting and advisory work. That deal underpins future revenue streams and supports sentiment. QIA and Goldman Sachs agree $25bn investment collaboration
• Positive Sentiment: BMO raised Goldman’s price target slightly to $985 (maintaining Market Perform), signaling incremental analyst optimism about valuation near multi‑year highs. Analyst target lifts can prop buying interest. BMO raises price target on Goldman Sachs
• Neutral Sentiment: Goldman’s research raised its 2026 year‑end gold forecast to $5,400/oz — a positive for the firm’s commodity/research franchise and indicative of macro views, but only indirectly material to GS’s near‑term stock performance. Gold forecast raised to $5,400
• Neutral Sentiment: CEO David Solomon gave a Davos readout stressing measured optimism (AI won’t cause a broad “job apocalypse”) — a management tone-setting item that supports confidence but is not a direct earnings driver. No ‘job apocalypse’: Goldman Sachs CEO denies the AI hiring nightmare is real
• Neutral Sentiment: Internal promotion: Ben Frost named chairman of investment banking — continuity in senior deal teams matters for deal flow but is more medium‑term operational news. Goldman promotes Ben Frost to chairman of investment banking
• Negative Sentiment: Several filings show directors sold large blocks of GS stock (reported insider sales ~>$65m), which can trigger short‑term profit‑taking and weigh on sentiment even if not a signal of company health. Director dumps $65M in stock
• Negative Sentiment: Quarterly recap: while Goldman beat on EPS in its last release, revenue was slightly down year‑over‑year and some top‑line misses across peers point to mixed guidance; investors may be locking in gains at multi‑year highs. Big banks Q4 recap: profits up, guidance mixed

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GS. JPMorgan Chase & Co. lifted their price target on The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Jefferies Financial Group lifted their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Argus upped their price target on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Daiwa Capital Markets increased their price target on The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a research report on Tuesday, January 6th. Finally, Barclays lifted 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 report on Monday, January 5th. 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $898.00.

The Goldman Sachs Group Stock Up 0.1%

GS stock opened at $953.67 on Friday. The stock has a market cap of $286.03 billion, a P/E ratio of 18.59, a P/E/G ratio of 1.15 and a beta of 1.33. The company has a current ratio of 1.13, a quick ratio of 0.65 and a debt-to-equity ratio of 2.29. The stock’s fifty day simple moving average is $879.73 and its two-hundred day simple moving average is $798.96. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $984.70.

The Goldman Sachs Group (NYSE:GS) last issued 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 company had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same period in the previous year, the firm earned $11.95 EPS. The firm’s quarterly revenue was down 3.0% on a year-over-year basis. Analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS 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 paid a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.

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.