LGT Group Foundation Purchases 20,464 Shares of The Goldman Sachs Group, Inc. $GS

LGT Group Foundation increased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 156.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 33,552 shares of the investment management company’s stock after purchasing an additional 20,464 shares during the quarter. LGT Group Foundation’s holdings in The Goldman Sachs Group were worth $26,355,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. bought a new stake in The Goldman Sachs Group during the 3rd quarter worth about $26,000. First PREMIER Bank bought a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $28,000. Corundum Trust Company INC acquired a new stake in shares of The Goldman Sachs Group during the 3rd quarter worth approximately $29,000. Clearstead Trust LLC acquired a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC raised its stake in shares of The Goldman Sachs Group by 100.0% during the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after buying an additional 20 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

Trending Headlines about The Goldman Sachs Group

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

Insider Activity

In other news, insider Kathryn H. Ruemmler sold 9,589 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $927.51, for a total value of $8,893,893.39. Following the completion of the transaction, the insider owned 18,533 shares in the company, valued at $17,189,542.83. This represents a 34.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the completion of the transaction, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 117,283 shares of company stock valued at $112,016,033. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on GS shares. Barclays raised their price objective on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. BNP Paribas Exane upped 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 research report on Friday, January 16th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. UBS Group restated a “neutral” rating and issued a $990.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, February 4th. Finally, Daiwa Securities Group lifted their price objective on The Goldman Sachs Group from $927.00 to $940.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. One investment 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 company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $916.86.

The Goldman Sachs Group Stock Down 1.7%

Shares of NYSE GS opened at $820.95 on Monday. The Goldman Sachs Group, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a market cap of $243.62 billion, a P/E ratio of 16.01, a P/E/G ratio of 1.01 and a beta of 1.34. The firm has a 50 day moving average price of $918.59 and a 200 day moving average price of $841.78.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period last year, the business posted $11.95 earnings per share. Analysts expect 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 paid a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is 35.09%.

The Goldman Sachs Group 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.