South Dakota Investment Council Sells 1,200 Shares of The Goldman Sachs Group, Inc. $GS

South Dakota Investment Council cut its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 16.2% during the third quarter, Holdings Channel.com reports. The firm owned 6,200 shares of the investment management company’s stock after selling 1,200 shares during the period. South Dakota Investment Council’s holdings in The Goldman Sachs Group were worth $4,937,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new stake in The Goldman Sachs Group during the 3rd quarter valued at $26,000. First PREMIER Bank purchased a new stake in shares of The Goldman Sachs Group during the 3rd quarter worth $28,000. Corundum Trust Company INC bought a new stake in The Goldman Sachs Group during the third quarter valued at about $29,000. Clearstead Trust LLC purchased a new position in The Goldman Sachs Group in the second quarter valued at about $31,000. Finally, Elevation Wealth Partners LLC raised its holdings in 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 worth $32,000 after purchasing an additional 20 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Trading Up 0.0%

The Goldman Sachs Group stock opened at $861.79 on Wednesday. The stock has a 50-day moving average price of $922.69 and a 200 day moving average price of $839.30. The company has a market capitalization of $255.74 billion, a price-to-earnings ratio of 16.80, a price-to-earnings-growth ratio of 1.06 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) 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 15.72%. The company had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. During the same period last year, the firm posted $11.95 EPS. The Goldman Sachs Group’s revenue for the quarter was down 3.0% compared to the same quarter last year. Sell-side analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be given a dividend of $4.50 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is presently 35.09%.

Key Headlines Impacting The Goldman Sachs Group

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

  • Positive Sentiment: Goldman raised its short‑term Brent forecast and hiked oil‑price assumptions after evaluating Strait of Hormuz disruptions — higher oil volatility can drive trading volumes and FICC revenue for GS. Goldman hikes oil-price forecast
  • Positive Sentiment: Goldman warned Brent could reach ~$100/bbl if volumes through the Hormuz passage don’t recover soon and raised short‑term Brent by ~$10 to $76 — a view that supports continued energy market volatility and potential trading upside for the bank. Oil could hit $100
  • Positive Sentiment: GS shares saw a technical buying “Power Inflow” signal that sparked a >4% intraday move — short‑term order‑flow dynamics and momentum traders amplified the rally. Power Inflow alert
  • Neutral Sentiment: CEO David Solomon said markets have so far had a “benign” reaction to the Iran conflict but will need weeks to fully digest the impact — this signals caution but not immediate earnings disruption. Solomon comments
  • Neutral Sentiment: Goldman’s research flags large potential moves in European gas (upside scenarios) and models macro impacts on CPI/GDP — useful for positioning but also highlights broader economic risk that could feed through to client activity. European gas outlook
  • Negative Sentiment: Goldman’s top lawyer Kathryn Ruemmler was asked to testify to the House Oversight Committee on Epstein‑related matters — this is a governance/reputational risk that could invite scrutiny or headlines, weighing on sentiment independent of core business performance. Ruemmler testimony request

Insider Buying and Selling

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 13,151 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the sale, the executive vice president directly owned 39,007 shares of the company’s stock, valued at approximately $37,408,883.21. This trade represents a 25.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Treasurer Carey Halio sold 2,846 shares of The Goldman Sachs Group stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total value of $2,638,725.82. Following the transaction, the treasurer owned 2,017 shares of the company’s stock, valued at $1,870,101.89. The trade was a 58.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 117,283 shares of company stock valued at $112,016,033 in the last 90 days. 0.55% of the stock is currently owned by insiders.

Analyst Ratings Changes

GS has been the topic of a number of recent analyst reports. UBS Group restated a “neutral” rating and issued a $990.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. Dbs Bank raised their target price on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Keefe, Bruyette & Woods lifted their price target on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a report on Friday, January 16th. JPMorgan Chase & Co. increased their price objective on The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Finally, Royal Bank Of Canada raised their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average target price of $916.86.

View Our Latest Report on GS

About The Goldman Sachs Group

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GSFree Report).

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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