New Mexico Educational Retirement Board Trims Stock Position in The Goldman Sachs Group, Inc. $GS

New Mexico Educational Retirement Board lessened its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 5.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,889 shares of the investment management company’s stock after selling 800 shares during the period. New Mexico Educational Retirement Board’s holdings in The Goldman Sachs Group were worth $11,061,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GS. Hartline Investment Corp lifted its position in shares of The Goldman Sachs Group by 153.3% during the 3rd quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after buying an additional 860 shares in the last quarter. A4 Wealth Advisors LLC bought a new position in shares of The Goldman Sachs Group during the 3rd quarter valued at approximately $940,000. Stevens Capital Management LP purchased a new stake in The Goldman Sachs Group in the 3rd quarter worth approximately $1,392,000. Meridian Wealth Management LLC raised its stake in The Goldman Sachs Group by 39.4% during the 3rd quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock worth $1,857,000 after acquiring an additional 659 shares during the period. Finally, AlTi Global Inc. raised its stake in The Goldman Sachs Group by 87.3% during the 3rd quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock worth $23,707,000 after acquiring an additional 13,879 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman is reported to be leading the underwriter race for a potential SpaceX/Starlink IPO — a large, high-profile mandate that would generate significant fees and bolster investment-banking revenue expectations. SpaceX Now Has 10,000 Starlink Satellites In Space — And Polymarket Is Betting The IPO Is Coming Soon
• Positive Sentiment: Goldman’s trading/asset-management presence shows up in crypto flows — coverage notes Goldman became a large XRP ETF buyer, highlighting fee-generating ETF activity and diversification outside traditional banking. XRP Price Prediction: Will the XRP Price Surge If the CLARITY Act Passes?
• Neutral Sentiment: Goldman reiterated a bullish S&P 500 call (large, longer‑term market view). That helps sentiment but is more macro than an immediate earnings driver for GS itself. Goldman Sachs doubles down on bold S&P 500 forecast
• Neutral Sentiment: Goldman research shows small businesses are adopting AI but few integrate it effectively — useful for long-term product and advisory opportunities, but not an immediate revenue catalyst. Goldman Sachs says small businesses are embracing AI, but fewer than 1 in 5 are good at actually integrating it
• Negative Sentiment: Goldman has cut its U.S. growth forecast and raised the probability of recession — a bearish macro signal from the firm’s own research that can sap risk appetite and pressure trading and M&A activity across the bank’s businesses. Goldman Sachs Just Issued a New Warning on the U.S. Economy — And It’s Not Just About Oil
• Negative Sentiment: Goldman warns the Middle East shock will disproportionately hit refined fuels (diesel, jet fuel) and raised inflation/PCE forecasts — energy-driven macro risk increases volatility and could hurt trading and credit exposure. Goldman Sachs Warns Oil’s Biggest Shock Will Hurt Fuels Most
• Negative Sentiment: Goldman research notes hedge funds are aggressively reducing exposure to financials and U.S. banks hold large private‑credit books — a sector-wide risk that can depress GS multiple and trading flows. Hedge Funds Dump Financial Stocks at Record Pace Amid Growing Market Uncertainty
• Negative Sentiment: Senior-banker movement: JPMorgan appointed Goldman’s Yi Zhang to co-head China IBD and Nomura hired an ex‑Goldman derivatives salesperson — departures of senior rainmakers can pressure deal pipelines and client coverage. JPMorgan names Goldman’s Yi Zhang as China investment banking co-head Nomura Hires Ex-Goldman’s Connolly to Boost Derivative Sales
• Negative Sentiment: Goldman’s research lowered India growth and warned the rupee could slide to 95, signaling regional FX/funding stress that could weigh on EM trading and advisory revenues. Goldman Sachs cuts India’s growth forecast to 6.4% for FY27, sees Re sliding to 95

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,092 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $936.89, for a total transaction of $1,023,083.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the transaction, the executive vice president owned 39,007 shares of the company’s stock, valued at $37,408,883.21. This represents a 25.21% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 117,283 shares of company stock valued at $112,016,033. 0.55% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have weighed in on GS. UBS Group reiterated a “neutral” rating and issued a $990.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, February 4th. Keefe, Bruyette & Woods raised their price objective on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a research report on Friday, January 16th. Barclays lifted their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Argus increased their price target on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Finally, Jefferies Financial Group raised their price target on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $919.29.

The Goldman Sachs Group Trading Down 0.2%

The Goldman Sachs Group stock opened at $805.07 on Thursday. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The firm’s 50 day moving average price is $902.09 and its 200-day moving average price is $844.80. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66. The stock has a market cap of $238.90 billion, a P/E ratio of 15.70, a PEG ratio of 0.99 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The Goldman Sachs Group’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $11.95 earnings per share. On average, equities analysts predict 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a dividend of $4.50 per share. The ex-dividend date 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 dividend yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 35.09%.

About The Goldman Sachs Group

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.