Korea Investment CORP Sells 53,866 Shares of The Goldman Sachs Group, Inc. $GS

Korea Investment CORP reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 19.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 216,814 shares of the investment management company’s stock after selling 53,866 shares during the quarter. Korea Investment CORP owned about 0.07% of The Goldman Sachs Group worth $172,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of GS. Gilliland Jeter Wealth Management LLC grew its holdings in shares of The Goldman Sachs Group by 3.5% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock valued at $309,000 after buying an additional 13 shares during the last quarter. EWA LLC raised its holdings in The Goldman Sachs Group by 2.2% in the 3rd quarter. EWA LLC now owns 612 shares of the investment management company’s stock worth $488,000 after acquiring an additional 13 shares during the last quarter. Carrera Capital Advisors lifted its position in The Goldman Sachs Group by 3.5% in the 3rd quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock valued at $306,000 after acquiring an additional 13 shares in the last quarter. Centerpoint Advisors LLC lifted its position in The Goldman Sachs Group by 1.5% in the 3rd quarter. Centerpoint Advisors LLC now owns 863 shares of the investment management company’s stock valued at $687,000 after acquiring an additional 13 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its stake in The Goldman Sachs Group by 0.9% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 1,488 shares of the investment management company’s stock valued at $1,185,000 after purchasing an additional 13 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.

Insider Activity at The Goldman Sachs Group

In other news, Treasurer Carey Halio sold 2,846 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the sale, the treasurer directly owned 2,017 shares in the company, valued at $1,870,101.89. This represents a 58.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $941.57, for a total value of $10,943,868.11. Following the completion of the transaction, the chief financial officer directly owned 29,342 shares in the company, valued at approximately $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock valued at $112,016,033 in the last three months. Corporate insiders own 0.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on GS shares. Dbs Bank lifted their target price on The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. BNP Paribas Exane increased their price objective on The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. lifted their price objective on The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Keefe, Bruyette & Woods boosted their target price on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research report on Friday, January 16th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $916.86.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman’s research team warned oil could surge above the 2008 peak if the Strait of Hormuz remains closed — a view being widely cited by markets. A sharp commodities move usually boosts trading and FICC revenue for large banks like Goldman, and underscores the firm’s influential market research. Oil hits highest level since 2023 as Iran war triggers historic surge
• Positive Sentiment: Goldman Sachs Alternatives led a $65M Series C in Sage (senior-care tech) — another visible private-equity/growth investment that supports fee income and demonstrates continued dealflow in Alternatives. That helps diversify revenue beyond trading and investment banking. Sage Raises $65M Series C Led By Goldman Sachs Alternatives
• Positive Sentiment: Goldman Alternatives completed/participated in other PE investments (Mace Consult, Schellman), signaling active private markets deployment and potential management fees/carry down the road. These deals support the firm’s strategic push into Alternatives. Mace Consult Launches as a Standalone Company
• Neutral Sentiment: Analysts’ consensus on GS remains around a “Hold” and the stock is drawing investor attention — no immediate downgrade wave but mixed sentiment persists. GS Given Average Recommendation of “Hold” by Brokerages
• Neutral Sentiment: Goldman strategists and research notes (eg. buy dips on Iran/AI themes) are shaping market positioning — useful for investor guidance but not an immediate earnings driver. Goldman Strategists Say Buy Any Stocks Dip From Iran and AI
• Negative Sentiment: High-profile warnings about private credit (Lloyd Blankfein) and comments from CEO David Solomon flag “frothiness” and hidden risks in private credit — a sector where Goldman has significant exposure via Alternatives and lending businesses. That concern can pressure the stock due to potential mark-to-market, diligence costs or increased capital requirements. Something on Wall Street ‘Smells Like’ 2008, Says Former Goldman Sachs Chief
• Negative Sentiment: Legal/reputational headline risk: reporting shows Goldman’s top lawyer is expected to testify in connection with DOJ document releases tied to Epstein — this creates headline uncertainty and could weigh on sentiment even if it does not produce direct financial exposure. Epstein files: DOJ plans to release new batch of documents

The Goldman Sachs Group Price Performance

NYSE GS opened at $820.95 on Friday. The business’s fifty day moving average price is $918.59 and its 200-day moving average price is $840.93. The stock has a market capitalization of $243.62 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 1.01 and a beta of 1.34. 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 Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $984.70.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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 year.

The Goldman Sachs Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio 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.