The Goldman Sachs Group, Inc. $GS is Wells Trecaso Financial Group LLC’s 6th Largest Position

Wells Trecaso Financial Group LLC lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 42.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,363 shares of the investment management company’s stock after selling 9,171 shares during the quarter. The Goldman Sachs Group accounts for 4.7% of Wells Trecaso Financial Group LLC’s investment portfolio, making the stock its 6th largest position. Wells Trecaso Financial Group LLC’s holdings in The Goldman Sachs Group were worth $9,846,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Harbor Capital Advisors Inc. acquired a new stake in shares of The Goldman Sachs Group in the third quarter valued at approximately $26,000. First PREMIER Bank purchased a new stake in The Goldman Sachs Group in the 3rd quarter valued at approximately $28,000. Corundum Trust Company INC acquired a new stake in The Goldman Sachs Group during the 3rd quarter valued at $29,000. Clearstead Trust LLC acquired a new position in shares of The Goldman Sachs Group in the second quarter worth $31,000. Finally, Elevation Wealth Partners LLC lifted its position in shares of The Goldman Sachs Group by 100.0% in the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock valued at $32,000 after acquiring an additional 20 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GS has been the subject of several recent analyst reports. Barclays lifted their target price 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 boosted their target price on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the company a “market perform” rating in a report on Tuesday, January 20th. Jefferies Financial Group boosted their price objective on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Daiwa Capital Markets lifted their target price on The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Finally, Rothschild & Co Redburn raised their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $907.43.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman is embedding Anthropic engineers to build autonomous systems for high-volume back-office tasks (accounting, compliance). Management says the immediate goal is efficiency gains and slower future headcount growth rather than near-term mass layoffs — a potential margin tailwind over time. Goldman Sachs is tapping Anthropic’s AI model to automate accounting, compliance roles
• Positive Sentiment: Goldman’s recent fundamentals remain supportive: the firm reported a meaningful EPS beat in its last quarter (strong profitability and ROE), underscoring franchise strength across trading, investment banking and asset management. This underpins longer‑term earnings power.
• Positive Sentiment: Goldman participated in growth/private markets deals (e.g., TRM Labs Series C), showing continued alternative-investment activity that can drive fee income and strategic upside from venture/late‑stage investments. TRM Labs completes $70M investment round at $1B, becomes crypto unicorn
• Neutral Sentiment: Goldman’s research/analyst influence remains visible — the firm has raised targets/issued conviction calls (Alphabet target raised; Nvidia reiterated buy) and published stock lists that may drive trading and advisory revenue. These actions support fee and flow businesses but are not an immediate earnings swing. Alphabet Stock Gets $400 Forecast From Goldman Goldman Sachs Reiterates Buy on Nvidia
• Neutral Sentiment: Goldman helped defend LSEG in recent analyst commentary, signaling the firm’s market‑moving research capability — a positive for reputation and trading/ECM deal flow though only indirectly affecting GS earnings. LSEG Shares Surge 7.4% After JPMorgan and Goldman Sachs Defend Stock
• Negative Sentiment: Macro and market sentiment are headwinds: a tech/AI-led selloff and a sharp pullback in high‑beta winners have weighed on financials and trading flows, contributing to today’s weaker GS share action. Stock market winners suffered their worst day in six years. What made the move unusual, according to Goldman. Why the Stock Market Is Down Today and What Goldman Sees Next
• Negative Sentiment: Regulatory and policy risk is rising: big U.S. banks boosted lobbying as policy fights heat up, signaling potential higher compliance costs, regulatory scrutiny and political risk that could affect margins and strategy execution. Big US banks boost Washington lobbying muscle as policy fights heat up

Insiders Place Their Bets

In related news, insider Kathryn H. Ruemmler sold 9,589 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the sale, the insider directly owned 18,533 shares of the company’s stock, valued at $17,189,542.83. This trade represents a 34.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Sheara J. Fredman sold 4,863 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total value of $4,492,196.25. Following the sale, the chief accounting officer directly owned 10,301 shares in the company, valued at $9,515,548.75. The trade was a 32.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 87,513 shares of company stock worth $83,718,401 in the last three months. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $915.66 on Friday. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The business has a 50 day simple moving average of $907.20 and a 200 day simple moving average of $814.39. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65. The firm has a market capitalization of $274.63 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.12 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter last year, the business posted $11.95 earnings per share. The company’s quarterly revenue was down 3.0% on a year-over-year basis. On average, equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 2.0%. This is an increase 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 is 35.09%.

The Goldman Sachs Group 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.