The Goldman Sachs Group, Inc. $GS Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 6.9% in the 3rd quarter, Holdings Channel reports. The firm owned 14,136 shares of the investment management company’s stock after purchasing an additional 918 shares during the period. Axxcess Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $11,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Hartline Investment Corp increased its position in The Goldman Sachs Group by 153.3% in the 3rd quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after acquiring an additional 860 shares during the period. A4 Wealth Advisors LLC acquired a new stake in The Goldman Sachs Group during the 3rd quarter worth approximately $940,000. Meridian Wealth Management LLC grew its stake in shares of The Goldman Sachs Group by 39.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock valued at $1,857,000 after purchasing an additional 659 shares during the last quarter. AlTi Global Inc. increased its holdings in shares of The Goldman Sachs Group by 87.3% in the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock valued at $23,707,000 after purchasing an additional 13,879 shares during the period. Finally, National Pension Service increased its holdings in shares of The Goldman Sachs Group by 3.1% in the third quarter. National Pension Service now owns 665,794 shares of the investment management company’s stock valued at $530,205,000 after purchasing an additional 19,796 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group News Roundup

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?

Insider Buying and Selling

In other news, insider Kathryn H. Ruemmler sold 9,589 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was 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 $17,189,542.83. This trade represents a 34.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the sale, the executive vice president directly owned 39,007 shares in the company, valued at approximately $37,408,883.21. The trade was a 25.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 117,283 shares of company stock worth $112,016,033 in the last 90 days. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Trading Up 1.2%

Shares of GS stock opened at $915.91 on Wednesday. The company has a quick ratio of 0.65, a current ratio of 1.13 and a debt-to-equity ratio of 2.29. The stock has a market cap of $274.71 billion, a P/E ratio of 17.86, a P/E/G ratio of 1.11 and a beta of 1.34. The business has a fifty day simple moving average of $920.75 and a 200-day simple moving average of $827.33. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $984.70.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $11.95 earnings per share. On average, 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 disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given 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 dividend yield of 2.0%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.

Wall Street Analysts Forecast Growth

GS has been the subject of several recent research reports. BMO Capital Markets increased their price target on The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a report on Tuesday, January 20th. Dbs Bank upped their price objective on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Wells Fargo & Company lifted their target price on shares of 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Finally, Keefe, Bruyette & Woods increased their price target on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a report on Friday, January 16th. 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 MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $916.86.

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.