Strs Ohio grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 12.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,836 shares of the investment management company’s stock after purchasing an additional 20,520 shares during the quarter. The Goldman Sachs Group comprises about 0.6% of Strs Ohio’s portfolio, making the stock its 25th biggest position. Strs Ohio’s holdings in The Goldman Sachs Group were worth $150,380,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the stock. Norges Bank purchased a new position in shares of The Goldman Sachs Group in the 2nd quarter worth approximately $2,138,031,000. Ninety One UK Ltd purchased a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at $408,780,000. AGF Management Ltd. increased its holdings in The Goldman Sachs Group by 2,429.6% in the 2nd quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock worth $343,524,000 after acquiring an additional 466,187 shares during the last quarter. Laurel Wealth Advisors LLC lifted its holdings in 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 valued at $286,017,000 after purchasing an additional 403,721 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in The Goldman Sachs Group by 18.2% during the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after purchasing an additional 291,280 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Trading Up 0.1%
Shares of GS stock opened at $953.67 on Friday. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65. The business has a 50-day moving average of $879.73 and a 200 day moving average of $798.96. The stock has a market capitalization of $286.03 billion, a PE ratio of 18.59, a P/E/G ratio of 1.15 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $984.70.
The Goldman Sachs Group Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This is an increase 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 1.9%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.
Insider Activity
In other The Goldman Sachs Group news, Director David A. Viniar sold 19,796 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $964.27, for a total value of $19,088,688.92. Following the completion of the sale, the director owned 103,390 shares in the company, valued at approximately $99,695,875.30. This trade represents a 16.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 68,186 shares of company stock valued at $65,820,670 over the last quarter. 0.55% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on GS. Jefferies Financial Group boosted their target price on shares of 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. UBS Group lifted their target price on The Goldman Sachs Group from $762.00 to $805.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Dbs Bank raised their price objective on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Finally, Rothschild & Co Redburn lifted their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $898.00.
View Our Latest Stock Report on The Goldman Sachs Group
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Q4 recap: Big banks, including Goldman, showed strong bottom‑line results in Q4 (profits up) even though some peers had top‑line misses tied to one‑time charges — this supports the market view that GS’s earnings engine (IB/trading) remains resilient. Bank Stocks: Another Quarter of Double-Digit S&P 500 Earnings Growth?
- Positive Sentiment: Large client/capital win: Qatar Investment Authority (QIA) agreed a $25bn collaboration with Goldman — a sizable mandate that highlights GS’s ability to win long‑duration institutional business and supports fee and AUM growth expectations. QIA and Goldman Sachs agree $25bn investment collaboration
- Positive Sentiment: Capital return and strategic change: Reports say Goldman is exiting the Apple Card partnership and simultaneously raising its dividend by ~50% — a material boost to shareholder yield and signaling management’s confidence in capital generation. Goldman Sachs raises dividend 50% after major change
- Positive Sentiment: Analyst/ratings support: Zacks upgraded GS to a “strong‑buy” and BMO nudged its price target higher — analyst upgrades add buying pressure and validate the earnings/story momentum. Zacks upgrade (site) BMO raises GS price target
- Neutral Sentiment: Leadership and deal flow: Reuters reports Ben Frost was named chairman of investment banking — a leadership move intended to keep momentum on large consumer/retail deals. Good for execution, but incremental for near‑term stock moves. Goldman Sachs promotes consumer retail bankers
- Neutral Sentiment: Research/product positioning: Goldman lifted its S&P 500 outlook and sharply raised its 2026 gold forecast to $5,400/oz — bullish market research that can support trading/research revenues but is more relevant to macro flows than GS’s near‑term stock fundamentals. Goldman Sachs Targets 12% Gain for S&P 500 Gold forecast coverage
- Negative Sentiment: Insider selling: Multiple disclosures show director David Viniar sold shares (roughly $65m reported across filings) in mid‑January — insider sales can create short‑term selling pressure or raise investor questions about timing, even if part of planned schedules. Director dumps $65M
- Negative Sentiment: Asset manager exits: Goldman and Polar Capital sold a holding in Landmark Cars in a bulk deal — a routine portfolio action but a small negative signal about certain holdings in GS’s asset‑management book. Bulk deal alert
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.
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