DCM Advisors LLC Sells 2,223 Shares of The Goldman Sachs Group, Inc. $GS

DCM Advisors LLC lowered its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 12.7% in the third quarter, Holdings Channel reports. The institutional investor owned 15,333 shares of the investment management company’s stock after selling 2,223 shares during the period. The Goldman Sachs Group accounts for 5.1% of DCM Advisors LLC’s holdings, making the stock its 5th biggest holding. DCM Advisors LLC’s holdings in The Goldman Sachs Group were worth $12,210,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Gilliland Jeter Wealth Management LLC increased its stake 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 worth $309,000 after acquiring an additional 13 shares during the period. EWA LLC lifted its position in The Goldman Sachs Group by 2.2% in the third quarter. EWA LLC now owns 612 shares of the investment management company’s stock valued at $488,000 after purchasing an additional 13 shares during the period. Carrera Capital Advisors boosted its holdings 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 purchasing an additional 13 shares in the last quarter. Centerpoint Advisors LLC increased its position in The Goldman Sachs Group by 1.5% during the 3rd quarter. Centerpoint Advisors LLC now owns 863 shares of the investment management company’s stock worth $687,000 after purchasing an additional 13 shares during the period. Finally, Cassaday & Co Wealth Management LLC increased its position 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 worth $1,185,000 after purchasing an additional 13 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman emerged as the largest disclosed institutional holder of spot XRP ETFs (about $153.8M), which signals the bank is taking active positions in crypto ETFs that can generate trading and custody revenue as the ETF market grows. Goldman Sachs Takes Lead With $153.8M in XRP ETFs
• Positive Sentiment: Multiple reports highlight Goldman as a top XRP ETF buyer (helping fuel ETF inflows), which could support trading revenue and prime brokerage activity if client demand continues. Goldman Sachs now the largest institutional holder of XRP
• Positive Sentiment: Goldman is pitching a new hedge‑fund product that lets clients take short/long bets on corporate loans — a potential new fee and trading revenue stream if adopted by asset managers. Goldman pitches hedge funds on strategies to bet against corporate loans
• Neutral Sentiment: Goldman research is calling for a possible “extreme” market rally and warning that IEA reserve releases won’t fully offset a large supply shock — notable market views but not direct drivers of firm fundamentals. Prepare for an ‘Extreme’ Stock Market Rally, Says Goldman Sachs
• Neutral Sentiment: JPMorgan nudged Goldman’s price target slightly higher to $826 with a Neutral rating — a modest analyst update that offers little directional lift by itself. JPMorgan raises Goldman Sachs price target to $826
• Negative Sentiment: An executive comment that private‑markets clients were “glad” for the Iran war “distraction” triggered negative headlines and reputational risk, which can pressure stock sentiment and invite scrutiny from clients and the public. Goldman executive says private markets clients ‘glad’ for Iran war ‘distraction’
• Negative Sentiment: Large disclosed exposure to XRP ETFs also raises downside: crypto ETF volatility and potential regulatory or market‑flow reversals could quickly hit trading P&L and mark‑to‑market results. Bitcoin ETFs add $251M as Goldman Sachs tops XRP ETF holders

Analysts Set New Price Targets

GS has been the subject of several recent analyst reports. Bank of America raised their price target on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, January 16th. Rothschild & Co Redburn upped their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. Finally, HSBC upped their price target on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. One equities research 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 company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $919.29.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $823.24 on Thursday. The stock has a fifty day moving average price of $915.29 and a 200 day moving average price of $843.11. 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 $244.30 billion, a PE ratio of 16.05, a P/E/G ratio of 1.02 and a beta of 1.34. 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 posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The company had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same quarter in the prior year, the company earned $11.95 earnings per share. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. Sell-side 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 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 $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

Insider Activity

In other The Goldman Sachs Group news, 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 completion of the transaction, the insider owned 18,533 shares in the company, valued at approximately $17,189,542.83. The trade was a 34.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John F.W. Rogers sold 13,151 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction 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 $37,408,883.21. This trade represents a 25.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock worth $112,016,033 in the last three months. Company insiders own 0.55% of the company’s stock.

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.