State of Alaska Department of Revenue Has $29.43 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

State of Alaska Department of Revenue reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 5.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,954 shares of the investment management company’s stock after selling 1,925 shares during the period. State of Alaska Department of Revenue’s holdings in The Goldman Sachs Group were worth $29,427,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Dogwood Wealth Management LLC lifted its holdings in shares of The Goldman Sachs Group by 1,800.0% in the second 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 in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in The Goldman Sachs Group in the third quarter valued at $26,000. First PREMIER Bank bought a new position in The Goldman Sachs Group during the third quarter worth about $28,000. Clearstead Trust LLC bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at $31,000. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of 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 worth $32,000 after buying an additional 20 shares during the period. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Down 0.7%

Shares of NYSE GS opened at $934.21 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 2.53. The firm’s fifty day moving average is $849.32 and its 200 day moving average is $781.13. The company has a market cap of $280.20 billion, a price-to-earnings ratio of 18.98, a PEG ratio of 1.10 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $961.69.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share for the quarter, beating the consensus estimate of $10.27 by $1.98. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%.The firm had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $13.68 billion. During the same period last year, the company earned $8.40 earnings per share. The company’s revenue was up 19.5% on a year-over-year basis. On average, equities research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd were issued a dividend of $4.00 per share. This represents a $16.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is 32.50%.

Analyst Upgrades and Downgrades

GS has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Deutsche Bank Aktiengesellschaft upped their target price on The Goldman Sachs Group from $725.00 to $790.00 and gave the stock a “hold” rating in a report on Tuesday, September 30th. Royal Bank Of Canada boosted their price objective on shares of The Goldman Sachs Group from $843.00 to $900.00 and gave the stock a “sector perform” rating in a research note on Friday, December 12th. BNP Paribas Exane upped their price objective on shares of The Goldman Sachs Group from $685.00 to $775.00 and gave the company a “neutral” rating in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. lifted their target price on The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $849.61.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Barclays raised its price target sharply (to $1,048) and kept an Overweight rating, signaling strong buy-side support that can underpin the stock. Barclays Boosts GS Price Target
• Positive Sentiment: Goldman Alternatives led a large Series C financing in which GS participated (Beacon Therapeutics), highlighting growth in its alternatives and advisory franchise — a structural positive for fee revenues. Beacon Therapeutics Financing
• Neutral Sentiment: Goldman research remains active across markets (raising targets on names like Reliance, TSMC, Rivian and offering macro outlooks). This demonstrates strong institutional flow and research relevance but is indirectly supportive rather than an immediate earnings driver. Reliance Target Raised
• Neutral Sentiment: Goldman’s market commentary (lower-but-attractive returns, sector rotation themes) frames the broader market backdrop but does not directly change GS’s near-term fundamentals. Market Returns Forecast
• Negative Sentiment: Analysts and models expect weaker quarter-over-quarter earnings for GS, and some coverage warns GS lacks the setup for an earnings beat — raising the risk of a disappointing print that would pressure the stock. Analysts Expect Earnings Decline
• Negative Sentiment: Commentary flags that CEO David Solomon faces the task of managing earnings volatility as capital markets activity can swing results — a governance/operational risk investors monitor heading into results. CEO Faces Earnings Volatility
• Negative Sentiment: Recent moves (e.g., Apple Card transition to JPMorgan) produce one-time accounting effects: Goldman expects a ~ $0.46-per-share boost from reserve releases but also markdowns and reduced future card revenue — netting mixed near-term earnings impact and ongoing structural contraction in that consumer line. Apple Card Transition Details

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.