Lighthouse Investment Partners LLC lessened its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 63.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,431 shares of the investment management company’s stock after selling 18,373 shares during the quarter. Lighthouse Investment Partners LLC’s holdings in The Goldman Sachs Group were worth $8,307,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in GS. Harbor Capital Advisors Inc. acquired a new position in The Goldman Sachs Group during the 3rd quarter valued at about $26,000. First PREMIER Bank acquired a new stake in The Goldman Sachs Group in the third quarter worth about $28,000. Corundum Trust Company INC acquired a new stake in The Goldman Sachs Group in the third quarter worth about $29,000. Elevation Wealth Partners LLC grew its stake in shares of The Goldman Sachs Group by 100.0% during the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after acquiring an additional 20 shares during the last quarter. Finally, Clearstead Trust LLC purchased a new stake in shares of The Goldman Sachs Group during the second quarter worth about $31,000. Institutional investors and hedge funds own 71.21% of the company’s stock.
Analysts Set New Price Targets
GS has been the subject of several research analyst reports. Barclays increased their price objective on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Royal Bank Of Canada boosted their target price on shares of 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. Argus upped their price target on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. raised their price target on shares of The Goldman Sachs Group from $815.00 to $826.00 and gave the stock a “neutral” rating in a report on Tuesday, March 10th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. 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 stock. According to data from MarketBeat.com, The Goldman Sachs Group has an average rating of “Hold” and an average price target of $919.29.
Insiders Place Their Bets
In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 11,623 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $941.57, for a total value of $10,943,868.11. Following the completion of the transaction, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Sheara J. Fredman sold 4,863 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $923.75, for a total value of $4,492,196.25. Following the sale, the chief accounting officer owned 10,301 shares in the company, valued at $9,515,548.75. This trade represents a 32.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 117,283 shares of company stock valued at $112,016,033. Insiders own 0.55% of the company’s stock.
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: JPMorgan raised its price target on GS to $826 (from $815) and kept a Neutral rating — a modest analyst upgrade that lends support to the stock and can limit downside as investors weigh valuation. JPMorgan Raises PT on GS
- Positive Sentiment: Goldman is repositioning its business mix — boosting digital-asset (XRP ETF) exposure and emphasizing investment banking, wealth and private capital while exiting consumer banking — a strategic shift toward higher‑margin areas that could improve medium-term profitability. Goldman Recasts Model With XRP ETFs
- Positive Sentiment: KMD Brands hired Goldman Sachs to advise on debt refinancing — a reminder of continued fee-generating advisory demand for GS amid corporate refinancing activity. Small on its own but illustrative of ongoing investment banking mandates. KMD Brands Hires Goldman Sachs
- Neutral Sentiment: Goldman published market strategy notes warning that bear‑market risks are growing and outlined defensive trades — guidance that may boost client trading and hedging activity (supporting FICC/trading revenue) even as it signals broader market caution. Risks of a Bear Market — Trades to Make
- Neutral Sentiment: Goldman reports shipping through the Strait of Hormuz remains sharply reduced, pushing oil prices higher — this is boosting market volatility and could lift commodity trading revenues for GS but also raises macro risk for equities and growth. Hormuz Flows Remain Low — What It Means
- Negative Sentiment: Goldman warns an oil-driven GDP drag and heightened geopolitical risk are weighing on markets; such macro headwinds can reduce deal flow, weaken client risk appetite and pressure trading desks over time — a potential negative for revenues if the shock persists. Geopolitical Risk Shocks S&P 500
- Negative Sentiment: Market pieces flag GS among financials lagging today and sectorwide pain in bank stocks — short-term sentiment and flows away from bank names are pressuring the share price despite the firm’s strategic moves and analyst support. Financials Wrap — GS in Losers
The Goldman Sachs Group Trading Down 0.7%
Shares of NYSE:GS opened at $781.99 on Monday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. 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 moving average of $910.83 and a two-hundred day moving average of $844.34. The company has a market capitalization of $232.06 billion, a PE ratio of 15.25, a PEG ratio of 0.96 and a beta of 1.34.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 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 business had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter last year, the company earned $11.95 EPS. The business’s revenue was down 3.0% on a year-over-year basis. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.
The Goldman Sachs Group Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a $4.50 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change 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 2.3%. The Goldman Sachs Group’s dividend payout ratio is presently 35.09%.
The Goldman Sachs Group Company 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.
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