Mackenzie Financial Corp Acquires 35,482 Shares of The Goldman Sachs Group, Inc. $GS

Mackenzie Financial Corp increased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 17.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 237,163 shares of the investment management company’s stock after acquiring an additional 35,482 shares during the quarter. Mackenzie Financial Corp’s holdings in The Goldman Sachs Group were worth $188,865,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Capital Advisors Inc. purchased a new stake in The Goldman Sachs Group in the 3rd quarter worth $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group in the third quarter valued at about $28,000. Corundum Trust Company INC bought a new position in shares of The Goldman Sachs Group during the third quarter valued at approximately $29,000. Clearstead Trust LLC bought a new position in The Goldman Sachs Group in the second quarter worth about $31,000. Finally, Elevation Wealth Partners LLC increased its position 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 purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman disclosed meaningful exposure to Solana-linked spot ETFs (about $107.4M), part of a broader $540M institutional allocation to SOL ETFs — signaling GS is capturing crypto-related client flows and fee opportunities even as crypto prices swing. Solana Institutional Adoption Surges with $540M in Spot ETF Investments
• Positive Sentiment: Goldman is pitching a new product that lets hedge funds take long/short positions on corporate loans — a potential revenue driver for trading and prime services if uptake is strong. Multiple reports cover the new offering. Goldman pitches hedge funds product to bet against corporate loans
• Positive Sentiment: UBS raised its price target on GS, citing a strong capital markets outlook — a bullish endorsement for GS’s investment banking and markets franchises. UBS Raises The Goldman Sachs Group, Inc. (GS) Price Target
• Neutral Sentiment: JPMorgan nudged up its GS price target from $815 to $826 while maintaining a “neutral” rating — a small technical lift but not a change in conviction. JPMorgan Raises GS PT to $826
• Neutral Sentiment: Goldman is active on macro and commodity research (oil/gold outlooks) and market-flow data (showing hedge funds adding shorts and momentum unwind). These research notes support GS’s role as a market influencer but are mixed for near-term P&L signaling. Why Goldman Sachs Sees Sunrun Building on Its Strong 2025 Finish
• Positive Sentiment: Goldman Sachs Alternatives invested in compliance firm Schellman to bolster AI governance and fee-yielding services — a strategic move into higher-demand tech and compliance offerings. Goldman Sachs Backs Schellman To Strengthen AI Governance And Fee Revenues
• Negative Sentiment: A Goldman-led lender group is preparing for losses on Arclin debt after weak investor demand for the deal — a reminder of underwriting and credit risk in leveraged finance. This is a localized but tangible hit to GS’s loan syndication/credit exposure. Goldman-Led Lenders Brace for Loss on Arclin Debt

The Goldman Sachs Group Stock Up 0.1%

GS stock opened at $833.18 on Wednesday. The company’s 50 day simple moving average is $916.39 and its 200-day simple moving average is $843.25. 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 12 month low of $439.38 and a 12 month high of $984.70. The firm has a market capitalization of $247.25 billion, a PE ratio of 16.24, a P/E/G ratio of 1.02 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The business had revenue of $15.71 billion for the quarter, compared to analysts’ expectations 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 in the previous year, the company posted $11.95 earnings per share. Equities analysts expect 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 company also recently announced 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. 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 (DPR) is presently 35.09%.

Analyst Ratings Changes

GS has been the topic of several research reports. HSBC increased their price target on shares of The Goldman Sachs Group from $742.00 to $802.00 in a report on Friday, February 6th. BNP Paribas Exane lifted 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. Dbs Bank upped their target price on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. UBS Group restated a “neutral” rating and issued a $990.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. Finally, BMO Capital Markets lifted their price objective on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $919.29.

Insider Buying and Selling

In related news, insider Kathryn H. Ruemmler sold 9,589 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Sheara J. Fredman sold 4,863 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total value of $4,492,196.25. Following the sale, the chief accounting officer directly owned 10,301 shares of the company’s stock, valued at approximately $9,515,548.75. This represents a 32.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 117,283 shares of company stock valued at $112,016,033. 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.