Myriad Asset Management US LP bought a new position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,067 shares of the investment management company’s stock, valued at approximately $2,442,000. The Goldman Sachs Group comprises about 1.3% of Myriad Asset Management US LP’s portfolio, making the stock its 16th largest position.
A number of other hedge funds and other institutional investors have also modified their holdings of GS. Harbor Capital Advisors Inc. acquired a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at $26,000. First PREMIER Bank acquired a new stake in The Goldman Sachs Group in the third quarter worth about $28,000. Corundum Trust Company INC bought a new stake in The Goldman Sachs Group during the 3rd quarter worth about $29,000. Dogwood Wealth Management LLC lifted its position in The Goldman Sachs Group by 1,800.0% during the 2nd quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 36 shares during the period. Finally, Elevation Wealth Partners LLC lifted its position in The Goldman Sachs Group by 100.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock valued at $32,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.
The Goldman Sachs Group Price Performance
Shares of NYSE:GS opened at $953.67 on Friday. The firm has a 50 day simple moving average of $879.73 and a 200 day simple moving average of $798.96. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The company has a market cap of $286.03 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 1.15 and a beta of 1.33. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65.
The Goldman Sachs Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a $4.50 dividend. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is 31.20%.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman hiked its cash dividend (new payout reported at $4.50/share), a direct boost to shareholder yield and a sign of capital confidence that often supports bank share prices. Goldman Sachs Just Hiked Its Dividend 12.5%
- Positive Sentiment: Goldman announced a $25bn investment collaboration with Qatar Investment Authority (QIA), a large strategic win that can generate fee income, underwriting and advisory work. That deal underpins future revenue streams and supports sentiment. QIA and Goldman Sachs agree $25bn investment collaboration
- Positive Sentiment: BMO raised Goldman’s price target slightly to $985 (maintaining Market Perform), signaling incremental analyst optimism about valuation near multi‑year highs. Analyst target lifts can prop buying interest. BMO raises price target on Goldman Sachs
- Neutral Sentiment: Goldman’s research raised its 2026 year‑end gold forecast to $5,400/oz — a positive for the firm’s commodity/research franchise and indicative of macro views, but only indirectly material to GS’s near‑term stock performance. Gold forecast raised to $5,400
- Neutral Sentiment: CEO David Solomon gave a Davos readout stressing measured optimism (AI won’t cause a broad “job apocalypse”) — a management tone-setting item that supports confidence but is not a direct earnings driver. No ‘job apocalypse’: Goldman Sachs CEO denies the AI hiring nightmare is real
- Neutral Sentiment: Internal promotion: Ben Frost named chairman of investment banking — continuity in senior deal teams matters for deal flow but is more medium‑term operational news. Goldman promotes Ben Frost to chairman of investment banking
- Negative Sentiment: Several filings show directors sold large blocks of GS stock (reported insider sales ~>$65m), which can trigger short‑term profit‑taking and weigh on sentiment even if not a signal of company health. Director dumps $65M in stock
- Negative Sentiment: Quarterly recap: while Goldman beat on EPS in its last release, revenue was slightly down year‑over‑year and some top‑line misses across peers point to mixed guidance; investors may be locking in gains at multi‑year highs. Big banks Q4 recap: profits up, guidance mixed
Insider Activity
In related news, Director David A. Viniar sold 45,000 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the sale, the director owned 555,000 shares in the company, valued at $535,758,150. This represents a 7.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 68,186 shares of company stock valued at $65,820,670. 0.55% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. BNP Paribas Exane increased their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Bank of America increased their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Royal Bank Of Canada increased their price target on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a report on Tuesday. Daiwa Capital Markets raised their price objective on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the stock a “neutral” rating in a report on Tuesday, January 6th. Finally, Rothschild & Co Redburn increased 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $898.00.
Check Out Our Latest Stock Report on The Goldman Sachs Group
About The Goldman Sachs Group
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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