Richard Bernstein Advisors LLC Sells 2,507 Shares of The Goldman Sachs Group, Inc. $GS

Richard Bernstein Advisors LLC cut its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 54.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,086 shares of the investment management company’s stock after selling 2,507 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in The Goldman Sachs Group were worth $1,661,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC increased its stake in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after acquiring an additional 508 shares during the period. Revolve Wealth Partners LLC raised its position in The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after purchasing an additional 58 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after buying an additional 735 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of The Goldman Sachs Group by 9.3% in the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after acquiring an additional 70 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in The Goldman Sachs Group by 147.8% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 40,699 shares of the investment management company’s stock valued at $28,805,000 after buying an additional 24,275 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Up 1.3%

The Goldman Sachs Group stock opened at $832.42 on Tuesday. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $984.70. 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 firm’s 50-day simple moving average is $917.40 and its 200 day simple moving average is $842.60. The stock has a market cap of $247.02 billion, a PE ratio of 16.23, a price-to-earnings-growth ratio of 1.01 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 15.72% and a net margin of 13.73%.The business’s revenue was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $11.95 earnings per share. Research 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 announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued 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 payout ratio is presently 35.09%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: UBS raised its price target on GS, citing a stronger capital markets outlook — a vote of confidence that supports medium-term earnings expectations and could help buy-side sentiment. Read More.
• Positive Sentiment: Goldman is pitching a new product that lets hedge funds take short or long positions on corporate loans — this is a fee-generating markets/structuring opportunity if client demand holds. Read More.
• Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance, compliance and digital trust offerings — a strategic move to capture growing advisory/private-market fee pools tied to AI oversight. Read More.
• Neutral Sentiment: Goldman data show hedge funds are adding short bets on U.S. stocks and boosting ETF shorts amid Middle East tensions and volatility — this highlights elevated trading volumes and spread business but also greater market risk. Read More.
• Neutral Sentiment: Goldman commentary flags a rapid unwind of momentum trades and concentration risk in winners — useful for investors assessing potential near-term market shifts that affect GS trading revenues. Read More.
• Neutral Sentiment: Former CEO Lloyd Blankfein criticized DEI programs as counterproductive — notable for reputational discussion but unlikely to move fundamentals materially. Read More.
• Negative Sentiment: A Goldman-led lender group is bracing for losses on debt backing Arclin after demand cooled — a direct credit exposure that could weigh on loan-related income or provisions if losses crystallize. Read More.

Insider Activity

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 13,151 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the sale, the executive vice president directly owned 39,007 shares in the company, valued at $37,408,883.21. This represents a 25.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group stock in a transaction on Monday, February 9th. The shares were sold at an average price of $941.57, for a total value of $10,943,868.11. Following the sale, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This represents a 28.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 117,283 shares of company stock valued at $112,016,033. 0.55% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on GS. Barclays lifted their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Bank of America upped their price objective 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 note on Friday, January 16th. Jefferies Financial Group upped their price target on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Autonomous Res cut their target price on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. Finally, Rothschild & Co Redburn increased their price target 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 given a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $916.86.

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.