Richard Bernstein Advisors LLC Sells 2,507 Shares of The Goldman Sachs Group, Inc. $GS

Richard Bernstein Advisors LLC lessened its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 54.6% during the third quarter, Holdings Channel.com reports. The firm owned 2,086 shares of the investment management company’s stock after selling 2,507 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in The Goldman Sachs Group were worth $1,661,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC lifted its position in The Goldman Sachs Group by 17.1% in the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after purchasing an additional 508 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after acquiring an additional 58 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after purchasing an additional 735 shares during the period. Schnieders Capital Management LLC. increased its holdings in The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after purchasing an additional 70 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in The Goldman Sachs Group by 147.8% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 40,699 shares of the investment management company’s stock worth $28,805,000 after buying an additional 24,275 shares during the period. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Up 1.3%

NYSE:GS opened at $832.42 on Tuesday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The stock has a market cap of $247.02 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 1.01 and a beta of 1.34. The company’s 50 day moving average price is $917.40 and its 200-day moving average price is $842.60. 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:GS) last issued its earnings results on Thursday, January 15th. The investment management company reported $13.55 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 the consensus estimate of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The company’s revenue was down 3.0% compared to the same quarter last year. During the same period last year, the business posted $11.95 EPS. On average, equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be issued a $4.50 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 2.2%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is 35.09%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: UBS raised its price target on GS, citing a stronger capital markets outlook — a vote of confidence that supports medium-term earnings expectations and could help buy-side sentiment. Read More.
• Positive Sentiment: Goldman is pitching a new product that lets hedge funds take short or long positions on corporate loans — this is a fee-generating markets/structuring opportunity if client demand holds. Read More.
• Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance, compliance and digital trust offerings — a strategic move to capture growing advisory/private-market fee pools tied to AI oversight. Read More.
• Neutral Sentiment: Goldman data show hedge funds are adding short bets on U.S. stocks and boosting ETF shorts amid Middle East tensions and volatility — this highlights elevated trading volumes and spread business but also greater market risk. Read More.
• Neutral Sentiment: Goldman commentary flags a rapid unwind of momentum trades and concentration risk in winners — useful for investors assessing potential near-term market shifts that affect GS trading revenues. Read More.
• Neutral Sentiment: Former CEO Lloyd Blankfein criticized DEI programs as counterproductive — notable for reputational discussion but unlikely to move fundamentals materially. Read More.
• Negative Sentiment: A Goldman-led lender group is bracing for losses on debt backing Arclin after demand cooled — a direct credit exposure that could weigh on loan-related income or provisions if losses crystallize. Read More.

Analysts Set New Price Targets

A number of analysts recently commented on the company. BNP Paribas Exane raised their price target on The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Friday, January 16th. UBS Group restated a “neutral” rating and issued a $990.00 target price on shares of The Goldman Sachs Group in a research note on Wednesday, February 4th. Rothschild & Co Redburn raised their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Finally, JPMorgan Chase & Co. boosted 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus price target of $916.86.

Insider Buying and Selling at The Goldman Sachs Group

In other news, Treasurer Carey Halio sold 2,846 shares of the stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the transaction, the treasurer directly owned 2,017 shares of the company’s stock, valued at $1,870,101.89. This represents a 58.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Alex S. Golten sold 1,092 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $936.89, for a total value of $1,023,083.88. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by corporate 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.