Lighthouse Investment Partners LLC lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 63.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,431 shares of the investment management company’s stock after selling 18,373 shares during the quarter. Lighthouse Investment Partners LLC’s holdings in The Goldman Sachs Group were worth $8,307,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in The Goldman Sachs Group in the 2nd quarter worth about $2,138,031,000. Wellington Management Group LLP boosted its position in shares of The Goldman Sachs Group by 110.8% during the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after buying an additional 936,015 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of The Goldman Sachs Group by 100,678.6% during the second quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock valued at $286,017,000 after buying an additional 403,721 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of The Goldman Sachs Group by 18.2% during the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after buying an additional 291,280 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of The Goldman Sachs Group by 3.6% in the second quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock worth $4,628,507,000 after buying an additional 227,604 shares during the period. Institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Stock Performance
Shares of GS stock opened at $781.99 on Monday. The firm has a market cap of $232.06 billion, a price-to-earnings ratio of 15.25, a PEG ratio of 0.96 and a beta of 1.34. The company’s 50 day moving average is $910.83 and its 200 day moving average is $844.34. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60. The Goldman Sachs Group, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70.
The Goldman Sachs Group Increases Dividend
The business 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 is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.3%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.
Analyst Upgrades and Downgrades
GS has been the subject of a number of research analyst reports. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Daiwa Securities Group upped their price objective on The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. lifted their target price on The Goldman Sachs Group from $815.00 to $826.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Jefferies Financial Group boosted their target price on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, BMO Capital Markets upped their price target on shares of 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. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and a consensus price target of $919.29.
Check Out Our Latest Stock Report on The Goldman Sachs Group
The Goldman Sachs Group News Summary
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: JPMorgan raised its price target on GS to $826 (from $815) and kept a Neutral rating — a modest analyst upgrade that lends support to the stock and can limit downside as investors weigh valuation. JPMorgan Raises PT on GS
- Positive Sentiment: Goldman is repositioning its business mix — boosting digital-asset (XRP ETF) exposure and emphasizing investment banking, wealth and private capital while exiting consumer banking — a strategic shift toward higher‑margin areas that could improve medium-term profitability. Goldman Recasts Model With XRP ETFs
- Positive Sentiment: KMD Brands hired Goldman Sachs to advise on debt refinancing — a reminder of continued fee-generating advisory demand for GS amid corporate refinancing activity. Small on its own but illustrative of ongoing investment banking mandates. KMD Brands Hires Goldman Sachs
- Neutral Sentiment: Goldman published market strategy notes warning that bear‑market risks are growing and outlined defensive trades — guidance that may boost client trading and hedging activity (supporting FICC/trading revenue) even as it signals broader market caution. Risks of a Bear Market — Trades to Make
- Neutral Sentiment: Goldman reports shipping through the Strait of Hormuz remains sharply reduced, pushing oil prices higher — this is boosting market volatility and could lift commodity trading revenues for GS but also raises macro risk for equities and growth. Hormuz Flows Remain Low — What It Means
- Negative Sentiment: Goldman warns an oil-driven GDP drag and heightened geopolitical risk are weighing on markets; such macro headwinds can reduce deal flow, weaken client risk appetite and pressure trading desks over time — a potential negative for revenues if the shock persists. Geopolitical Risk Shocks S&P 500
- Negative Sentiment: Market pieces flag GS among financials lagging today and sectorwide pain in bank stocks — short-term sentiment and flows away from bank names are pressuring the share price despite the firm’s strategic moves and analyst support. Financials Wrap — GS in Losers
Insider Activity
In related news, CEO David M. Solomon sold 272 shares of the firm’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $938.92, for a total transaction of $255,386.24. Following the sale, the chief executive officer owned 125,527 shares of the company’s stock, valued at $117,859,810.84. This trade represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alex S. Golten sold 1,092 shares of The Goldman Sachs Group stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $936.89, for a total value of $1,023,083.88. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 117,283 shares of company stock worth $112,016,033 over the last ninety days. 0.55% of the stock is currently owned by corporate insiders.
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.
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