South Dakota Investment Council Cuts Stake in The Goldman Sachs Group, Inc. $GS

South Dakota Investment Council lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 16.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,200 shares of the investment management company’s stock after selling 1,200 shares during the period. South Dakota Investment Council’s holdings in The Goldman Sachs Group were worth $4,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of GS. Teachers Retirement System of The State of Kentucky increased its holdings in The Goldman Sachs Group by 3.3% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 57,141 shares of the investment management company’s stock valued at $45,505,000 after acquiring an additional 1,837 shares during the last quarter. CI Investments Inc. grew its position in shares of The Goldman Sachs Group by 16.4% during the third quarter. CI Investments Inc. now owns 186,381 shares of the investment management company’s stock valued at $148,424,000 after purchasing an additional 26,226 shares in the last quarter. Accuvest Global Advisors grew its position in shares of The Goldman Sachs Group by 215.8% during the third quarter. Accuvest Global Advisors now owns 2,924 shares of the investment management company’s stock valued at $2,329,000 after purchasing an additional 1,998 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of The Goldman Sachs Group by 9.8% in the third quarter. Kingsview Wealth Management LLC now owns 5,500 shares of the investment management company’s stock worth $4,380,000 after purchasing an additional 489 shares during the last quarter. Finally, 111 Capital purchased a new stake in shares of The Goldman Sachs Group in the third quarter worth about $986,000. Institutional investors own 71.21% of the company’s stock.

Insider Buying and Selling

In related news, CFO Denis P. Coleman sold 11,623 shares of the firm’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 transaction, the chief financial officer owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This trade represents a 28.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 9,589 shares of The Goldman Sachs Group stock in a transaction dated 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 of the company’s stock, valued at $17,189,542.83. The trade was a 34.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,283 shares of company stock worth $112,016,033 over the last ninety days. Corporate insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on GS shares. Autonomous Res cut their price target on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. BNP Paribas Exane raised their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Jefferies Financial Group boosted their price target on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. HSBC increased their price objective on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research report on Friday, February 6th. Finally, Argus boosted their target price on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and an average target price of $916.86.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman raised its short‑term Brent forecast and hiked oil‑price assumptions after evaluating Strait of Hormuz disruptions — higher oil volatility can drive trading volumes and FICC revenue for GS. Goldman hikes oil-price forecast
• Positive Sentiment: Goldman warned Brent could reach ~$100/bbl if volumes through the Hormuz passage don’t recover soon and raised short‑term Brent by ~$10 to $76 — a view that supports continued energy market volatility and potential trading upside for the bank. Oil could hit $100
• Positive Sentiment: GS shares saw a technical buying “Power Inflow” signal that sparked a >4% intraday move — short‑term order‑flow dynamics and momentum traders amplified the rally. Power Inflow alert
• Neutral Sentiment: CEO David Solomon said markets have so far had a “benign” reaction to the Iran conflict but will need weeks to fully digest the impact — this signals caution but not immediate earnings disruption. Solomon comments
• Neutral Sentiment: Goldman’s research flags large potential moves in European gas (upside scenarios) and models macro impacts on CPI/GDP — useful for positioning but also highlights broader economic risk that could feed through to client activity. European gas outlook
• Negative Sentiment: Goldman’s top lawyer Kathryn Ruemmler was asked to testify to the House Oversight Committee on Epstein‑related matters — this is a governance/reputational risk that could invite scrutiny or headlines, weighing on sentiment independent of core business performance. Ruemmler testimony request

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $861.79 on Wednesday. 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 current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The firm has a 50-day moving average price of $922.69 and a 200-day moving average price of $839.30. The firm has a market capitalization of $255.74 billion, a PE ratio of 16.80, a price-to-earnings-growth ratio of 1.06 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 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 15.72%. The firm’s revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $11.95 EPS. As a group, equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, March 2nd. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) 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.