Syon Capital LLC grew its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 14.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,099 shares of the investment management company’s stock after purchasing an additional 888 shares during the period. Syon Capital LLC’s holdings in The Goldman Sachs Group were worth $5,654,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of GS. Fisher Asset Management LLC grew its position in The Goldman Sachs Group by 3.6% during the second 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 acquiring an additional 227,604 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of The Goldman Sachs Group by 4.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock worth $2,392,124,000 after acquiring an additional 157,473 shares during the last quarter. Norges Bank purchased a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at $2,138,031,000. Ameriprise Financial Inc. grew its holdings in shares of The Goldman Sachs Group by 18.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after purchasing an additional 291,280 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in The Goldman Sachs Group by 2.8% in the 2nd quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock worth $1,285,032,000 after purchasing an additional 48,835 shares during the period. 71.21% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Dbs Bank upped their price target 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. Wells Fargo & Company increased their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. UBS Group restated a “neutral” rating and set a $990.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, February 4th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research report on Friday, January 16th. Finally, Royal Bank Of Canada increased their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $916.86.
The Goldman Sachs Group Stock Up 1.2%
Shares of The Goldman Sachs Group stock opened at $915.91 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.65 and a debt-to-equity ratio of 2.29. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The company has a market cap of $274.71 billion, a P/E ratio of 17.86, a PEG ratio of 1.11 and a beta of 1.34. The company’s fifty day simple moving average is $920.75 and its two-hundred day simple moving average is $827.33.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating 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 15.19%. The firm had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same quarter in the previous year, the firm posted $11.95 EPS. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. Research analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.
Insider Transactions at The Goldman Sachs Group
In other The Goldman Sachs Group news, Director David A. Viniar sold 45,000 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the transaction, the director owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. This trade represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the sale, the insider owned 18,533 shares in the company, valued at approximately $17,189,542.83. This trade represents a 34.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by insiders.
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Recent-quarter results and analyst support: Goldman Sachs has shown solid profitability and analyst estimate revisions that underpin earnings visibility, helping investor confidence in the stock’s valuation and multiple. Goldman Sachs (GS) Rises Higher Than Market: Key Facts
- Positive Sentiment: Deal pipeline / underwriting fees: Goldman is the lead underwriter on Robinhood’s $1B closed‑end pre‑IPO fund, which should generate fee income and highlight GS’s position in the retail/private markets distribution business. That underwriting win is a tangible revenue opportunity. Robinhood (HOOD) Launches $1 Billion Pre-IPO Fund to Democratize SpaceX
- Neutral Sentiment: Macro & market commentary from GS: Goldman research and public comments (on labor market risks, tech sector breadth, and regional equity views) are influencing broader market tone but are neutral to modest for GS’s near‑term stock direction—useful for positioning but not immediate earnings drivers. Why Is the Stock Market Down Today and What Goldman Sachs Predicts Next
- Neutral Sentiment: Research visibility and strategy calls (Asia/energy): Goldman’s published views (e.g., bullish on certain Asian markets; energy stock recommendations) reinforce its role as a research leader and can gradually boost fee and trading activity, but these are longer‑lead effects. These Asian markets have been ‘bangers’ this year. Here’s why—they have further to rally, says Goldman Sachs
- Negative Sentiment: Governance / DEI policy change: Reports say Goldman will remove race, gender identity and sexual orientation from board‑candidate criteria. That shift raises reputational risk among ESG‑focused investors and may prompt criticism or client scrutiny — a potential headwind for sentiment-sensitive flows. Goldman Sachs to Drop D.E.I. Criteria for Board Members
- Negative Sentiment: Insider selling: Recent reports of roughly $28M of insider stock sales have surfaced; while insider sales can be routine, they often attract short‑term attention and can weigh on sentiment if perceived as executives reducing exposure. Goldman Sachs (GS) Key Insider Sells $28M in Stock. Should Investors Worry?
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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