Handelsbanken Fonder AB Has $91.94 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

Handelsbanken Fonder AB lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,456 shares of the investment management company’s stock after selling 1,811 shares during the period. Handelsbanken Fonder AB’s holdings in The Goldman Sachs Group were worth $91,943,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in The Goldman Sachs Group during the 2nd quarter worth $2,138,031,000. AGF Management Ltd. boosted its stake in shares of The Goldman Sachs Group by 2,429.6% during the second quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock valued at $343,524,000 after purchasing an additional 466,187 shares in the last quarter. Laurel Wealth Advisors LLC grew its holdings in shares of The Goldman Sachs Group by 100,678.6% during the second quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock worth $286,017,000 after purchasing an additional 403,721 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of The Goldman Sachs Group by 18.2% in the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after buying an additional 291,280 shares during the period. Finally, Fisher Asset Management LLC raised its holdings in The Goldman Sachs Group by 3.6% in the 2nd 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 buying an additional 227,604 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Trading Up 0.8%

Shares of GS stock opened at $928.87 on Friday. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $984.70. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.65 and a current ratio of 1.13. The stock has a 50 day simple moving average of $924.95 and a two-hundred day simple moving average of $835.31. The company has a market cap of $278.60 billion, a P/E ratio of 18.11, a PEG ratio of 1.13 and a beta of 1.34.

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

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 1.9%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is presently 31.20%.

Insider Activity

In related news, CFO Denis P. Coleman sold 11,623 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $941.57, for a total value of $10,943,868.11. Following the completion of the sale, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at $27,627,546.94. The trade was a 28.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $927.51, for a total value of $8,893,893.39. Following the transaction, the insider directly owned 18,533 shares in the company, valued at approximately $17,189,542.83. This trade represents a 34.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 117,283 shares of company stock valued at $112,016,033. Corporate insiders own 0.55% of the company’s stock.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Q4 2025 results showed earnings strength: EPS and net income rose year-over-year and GS beat consensus on EPS and revenue, supporting investor confidence in profitability and targets from bullish analysts. QuiverQuant: Q4 2025 Earnings
• Positive Sentiment: Analyst coverage remains constructive overall—several firms maintain Overweight/Outperform ratings and high price targets (multiple targets above $1,000), which can support momentum and valuation expectations. Barchart: GS vs. peers
• Positive Sentiment: Research flow and macro views from Goldman analysts (e.g., commentary on oil risk premia and bullish gold forecasts) reinforce GS’s position as a go‑to macro research house, which can boost trading and advisory franchise credibility. Seeking Alpha: U.S.-Iran tensions & oil premium
• Neutral Sentiment: Goldman Sachs-led investor meetings in Asia (e.g., Yes Bank participation) show continuing deal‑and-coverage activity in the region; useful for franchise growth but not an immediate stock catalyst. TipRanks: Yes Bank update
• Neutral Sentiment: Goldman analysts’ routine rating actions on other companies (Segro, Iberdrola, UWM, etc.) underline active research but have limited direct impact on GS’s fundamentals. TipRanks: Segro rating
• Negative Sentiment: Operating cash flow deteriorated sharply in Q4 and the firm reported a large drop in cash from operations, which raises short‑term liquidity and earnings-quality questions despite rising EPS. QuiverQuant: Cash flow details
• Negative Sentiment: Large insider sales reported across senior executives (multiple sales in Q4) create a perceived governance/conviction concern for some investors. QuiverQuant: Insider trading
• Negative Sentiment: Reputational scrutiny: a recent Forbes piece critiques Goldman’s DEI efforts, which could weigh on sentiment among ESG‑focused investors and clients. Forbes: DEI critique

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GS shares. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. Rothschild & Co Redburn lifted their price target on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. 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. Royal Bank Of Canada raised their target price 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. Finally, BMO Capital Markets upped their price target on The Goldman Sachs Group from $980.00 to $985.00 and gave the company a “market perform” rating in a research report on Tuesday, January 20th. One 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. Based on data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average target price of $916.86.

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.