TD Asset Management Inc Trims Stock Position in The Goldman Sachs Group, Inc. $GS

TD Asset Management Inc decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 2.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 173,820 shares of the investment management company’s stock after selling 3,529 shares during the period. TD Asset Management Inc’s holdings in The Goldman Sachs Group were worth $138,422,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harbor Capital Advisors Inc. purchased a new position in The Goldman Sachs Group in the third quarter worth approximately $26,000. First PREMIER Bank acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at $28,000. Corundum Trust Company INC purchased a new position in shares of The Goldman Sachs Group during the 3rd quarter worth $29,000. Clearstead Trust LLC purchased a new position in shares of The Goldman Sachs Group during the 2nd quarter worth $31,000. Finally, Elevation Wealth Partners LLC increased its position in shares of The Goldman Sachs Group by 100.0% during the 3rd 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 during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on GS shares. UBS Group reaffirmed a “neutral” rating and issued a $990.00 target price on shares of The Goldman Sachs Group in a research report on Wednesday, February 4th. BMO Capital Markets upped their price objective on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a report on Tuesday, January 20th. Keefe, Bruyette & Woods increased their price objective on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. lifted their target price on shares of 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, Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $916.86.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: CEO David Solomon said he now holds a “very, very limited” amount of Bitcoin — a notable shift from prior skepticism that may signal Goldman’s growing openness to crypto-related client activity and markets exposure. Goldman Sachs CEO David Solomon Admits To Owning Bitcoin After Previously Saying It Had No Real Use Case
• Positive Sentiment: Broader financial-sector strength provided a tailwind: late-session gains in the NYSE Financial Index lifted peers, helping GS trade higher alongside the sector. Sector Update: Financial Stocks Higher Late Afternoon
• Positive Sentiment: Goldman remains active in deal and advisory pipelines — it’s reported to be working on high-profile payments/crypto IPO activity (RedotPay), which could translate into future investment banking fees. RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report
• Positive Sentiment: Analyst sentiment remains constructive with multiple recent Overweight/Outperform ratings and several high price targets above current levels — supporting investor confidence. Goldman Sachs Group Inc. (GS) Releases Q4 2025 Earnings: Revenue Down, EPS Up; Operating Cash Flow Plunges
• Neutral Sentiment: Goldman hosted/arranged investor meetings in Asia (Yes Bank reference), indicating ongoing client outreach and deal marketing in the region — operationally relevant but not immediately market-moving. Yes Bank Updates Markets on Outcome of Goldman Sachs Asia Financials Investor Meetings
• Neutral Sentiment: Corporate governance tweak: Goldman removed formal DEI criteria from its board selection policy — a governance change investors may note but that has mixed implications for valuation or operations. Goldman Sachs Governance Shift Drops DEI Criteria As Valuation Stays Premium
• Negative Sentiment: Q4 2025 results were mixed: EPS and operating profit rose, but total revenue fell year-over-year and operating cash flow swung sharply negative (large outflow), which raises short-term liquidity/cash-cycle questions for some investors. Goldman Sachs Group Inc. (GS) Releases Q4 2025 Earnings: Revenue Down, EPS Up; Operating Cash Flow Plunges
• Negative Sentiment: Notable insider and congressional selling has been reported (multiple internal sales and some public figures trimming positions), which can add short-term negative sentiment even if sales have been routine. Goldman Sachs Group Inc. (GS) Releases Q4 2025 Earnings: Revenue Down, EPS Up; Operating Cash Flow Plunges
• Negative Sentiment: At least one senator publicly sold GS after large 2025 gains — a headline that can briefly pressure sentiment. Senator Ditches Goldman Sachs Stock After 55% Gain In 2025: What Investors Should Know

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $921.93 on Thursday. The firm has a 50 day moving average of $923.91 and a two-hundred day moving average of $834.66. The stock has a market capitalization of $276.52 billion, a PE ratio of 17.97, a P/E/G ratio of 1.11 and a beta of 1.34. The company has a quick ratio of 0.65, a current ratio of 1.13 and a debt-to-equity ratio of 2.29. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.03. The business had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period last year, the firm earned $11.95 earnings per share. On average, research analysts predict 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 disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, March 2nd. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is 31.20%.

Insider Buying and Selling at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 4,863 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the sale, the chief accounting officer directly owned 10,301 shares in the company, valued at approximately $9,515,548.75. This represents a 32.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David A. Viniar sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the sale, the director directly owned 555,000 shares in the company, valued at approximately $535,758,150. This trade represents a 7.50% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 117,283 shares of company stock valued at $112,016,033. 0.55% of the stock is currently owned by company insiders.

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.