Retirement Systems of Alabama Has $138.18 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Retirement Systems of Alabama trimmed its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 0.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 173,512 shares of the investment management company’s stock after selling 1,266 shares during the period. Retirement Systems of Alabama’s holdings in The Goldman Sachs Group were worth $138,176,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC boosted its holdings in shares of The Goldman Sachs Group by 3.6% during 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 acquiring an additional 227,604 shares during the period. Bank of New York Mellon Corp raised its holdings in The Goldman Sachs Group by 4.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock valued at $2,392,124,000 after acquiring an additional 157,473 shares in the last quarter. Norges Bank bought a new stake in shares of The Goldman Sachs Group during the 2nd quarter valued at $2,138,031,000. Ameriprise Financial Inc. grew its holdings in shares of The Goldman Sachs Group by 18.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after purchasing an additional 291,280 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of The Goldman Sachs Group by 2.8% in the second quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock worth $1,285,032,000 after purchasing an additional 48,835 shares during the period. Institutional investors own 71.21% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Bank of America increased their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Evercore ISI restated an “outperform” rating on shares of The Goldman Sachs Group in a research report on Friday, January 16th. Citigroup lifted their price target on The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Finally, Keefe, Bruyette & Woods upped their price objective on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $898.00.

More The Goldman Sachs Group News

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

• Positive Sentiment: Board raised the quarterly dividend 12.5% to $4.50 per share, which supports income-focused investor demand and signals confidence in capital generation. Goldman Sachs Just Hiked Its Dividend 12.5%. Should You Buy GS Stock Now?
• Positive Sentiment: Goldman is working on underwriting/Advisory mandates and growth equity deals (e.g., leading Cubby’s $63M round and named as an underwriter on Ledger’s planned $4B IPO) — indicators of sustained investment-banking and alternatives fee flow. Exclusive: Cubby raises $63 million in Goldman Sachs-led funding
• Positive Sentiment: Analyst/outlook support: a reported price-target raise to $985 signals bullish expectations from at least one coverage source and can lift sentiment among momentum investors. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $985.00
• Neutral Sentiment: Goldman published research raising its 2026 gold forecast to $5,400/oz — positive for commodities desks and research credibility, but indirect for GS equity performance. Gold hovers near record highs as Goldman Sachs lifts year-end forecast to $5,400
• Neutral Sentiment: Goldman disclosed a 2.92% voting interest in Qiagen (QGEN) under Dutch rules — a notable investment position that could lead to engagement but not an immediate impact on GS’s stock. Goldman Sachs Discloses 2.92% Voting Interest in QIAGEN
• Neutral Sentiment: Ongoing research and market calls (upgrades on names like Spotify, Novo Nordisk) keep Goldman visible in capital markets, but these items mostly reflect franchise strength rather than immediate EPS impact. Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
• Negative Sentiment: CEO David Solomon’s 2025 pay rose ~20% to $47M — a headline that can draw governance scrutiny and short-term investor pushback despite being linked to strong performance. Goldman Sachs CEO David Solomon gets over 20% pay boost in 2025
• Negative Sentiment: Insider selling: a director disposed of sizable GS holdings (reported ~$65M in sales), which can be read negatively by some investors even though insiders still hold material positions. Goldman Sachs (GS) Director Dumps $65M in Stock. Should Investors Worry?

The Goldman Sachs Group Trading Down 3.6%

Shares of GS stock opened at $919.82 on Friday. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $984.70. The stock’s fifty day simple moving average is $882.31 and its 200 day simple moving average is $801.14. The company has a quick ratio of 0.65, a current ratio of 1.13 and a debt-to-equity ratio of 2.29. The firm has a market capitalization of $275.88 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.11 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The firm had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same period last year, the firm posted $11.95 earnings per share. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. As a group, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be given a $4.50 dividend. 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 annualized dividend and a yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

Insider Activity

In other news, Director David A. Viniar sold 45,000 shares of The Goldman Sachs Group stock in a transaction on Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the transaction, the director owned 555,000 shares in the company, valued at approximately $535,758,150. The trade was a 7.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 68,186 shares of company stock worth $65,820,670 over the last ninety days. 0.55% of the stock is currently owned by company insiders.

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.