Whittier Trust Co. lifted its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 100,905 shares of the investment management company’s stock after acquiring an additional 1,976 shares during the quarter. The Goldman Sachs Group comprises approximately 0.9% of Whittier Trust Co.’s portfolio, making the stock its 18th largest position. Whittier Trust Co.’s holdings in The Goldman Sachs Group were worth $79,713,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC grew its position in 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 valued at $4,628,507,000 after acquiring an additional 227,604 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of The Goldman Sachs Group by 4.9% in the second quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock valued at $2,392,124,000 after purchasing an additional 157,473 shares during the period. Norges Bank acquired a new stake in The Goldman Sachs Group during the 2nd quarter valued at $2,138,031,000. Ameriprise Financial Inc. increased its stake in The Goldman Sachs Group by 18.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after buying an additional 291,280 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in The Goldman Sachs Group by 2.8% in the 2nd quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock worth $1,285,032,000 after buying an additional 48,835 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. BNP Paribas Exane lifted their target price on The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. lifted their price objective on The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Royal Bank Of Canada increased their target price on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research note on Tuesday. HSBC set a $604.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, January 7th. Finally, UBS Group increased their price objective on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. One 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $898.00.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Board raised the quarterly dividend 12.5% to $4.50 per share, which supports income-focused investor demand and signals confidence in capital generation. Goldman Sachs Just Hiked Its Dividend 12.5%. Should You Buy GS Stock Now?
- Positive Sentiment: Goldman is working on underwriting/Advisory mandates and growth equity deals (e.g., leading Cubby’s $63M round and named as an underwriter on Ledger’s planned $4B IPO) — indicators of sustained investment-banking and alternatives fee flow. Exclusive: Cubby raises $63 million in Goldman Sachs-led funding
- Positive Sentiment: Analyst/outlook support: a reported price-target raise to $985 signals bullish expectations from at least one coverage source and can lift sentiment among momentum investors. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $985.00
- Neutral Sentiment: Goldman published research raising its 2026 gold forecast to $5,400/oz — positive for commodities desks and research credibility, but indirect for GS equity performance. Gold hovers near record highs as Goldman Sachs lifts year-end forecast to $5,400
- Neutral Sentiment: Goldman disclosed a 2.92% voting interest in Qiagen (QGEN) under Dutch rules — a notable investment position that could lead to engagement but not an immediate impact on GS’s stock. Goldman Sachs Discloses 2.92% Voting Interest in QIAGEN
- Neutral Sentiment: Ongoing research and market calls (upgrades on names like Spotify, Novo Nordisk) keep Goldman visible in capital markets, but these items mostly reflect franchise strength rather than immediate EPS impact. Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
- Negative Sentiment: CEO David Solomon’s 2025 pay rose ~20% to $47M — a headline that can draw governance scrutiny and short-term investor pushback despite being linked to strong performance. Goldman Sachs CEO David Solomon gets over 20% pay boost in 2025
- Negative Sentiment: Insider selling: a director disposed of sizable GS holdings (reported ~$65M in sales), which can be read negatively by some investors even though insiders still hold material positions. Goldman Sachs (GS) Director Dumps $65M in Stock. Should Investors Worry?
The Goldman Sachs Group Stock Performance
GS stock opened at $919.82 on Friday. The firm has a market cap of $275.88 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.11 and a beta of 1.33. The stock’s 50 day simple moving average is $882.31 and its 200 day simple moving average is $801.14. 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 Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its 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 analysts’ expectations of $14.30 billion. During the same period in the prior year, the company earned $11.95 earnings per share. The firm’s revenue was down 3.0% compared to the same quarter last year. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS 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. Investors of record on Monday, March 2nd will be paid a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 2.0%. This is a positive change 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 35.09%.
Insider Buying and Selling
In other news, Director David A. Viniar sold 45,000 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the transaction, the director directly owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. This represents a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 68,186 shares of company stock valued at $65,820,670 in the last three months. Insiders own 0.55% of the company’s stock.
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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