The Goldman Sachs Group (NYSE:GS) Shares Unloaded Sen. David McCormick

Senator David McCormick (Republican-Pennsylvania) recently sold shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on February 22nd, the Senator disclosed that they had sold between $1,000,001 and $5,000,000 in The Goldman Sachs Group stock on January 23rd.

Senator David McCormick also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/28/2025.
• Purchased $50,001 – $100,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/26/2025.
• Purchased $15,001 – $50,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/25/2025.
• Purchased $50,001 – $100,000 in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) on 11/24/2025.

The Goldman Sachs Group Stock Up 0.7%

Shares of GS traded up $6.25 on Tuesday, reaching $898.56. The stock had a trading volume of 719,122 shares, compared to its average volume of 2,454,121. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.65 and a current ratio of 1.13. The firm has a market capitalization of $269.51 billion, a price-to-earnings ratio of 17.52, a price-to-earnings-growth ratio of 1.13 and a beta of 1.34. The company has a 50-day simple moving average of $922.45 and a 200-day simple moving average of $832.77. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70.

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 Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The business had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the previous year, the firm posted $11.95 EPS. The firm’s revenue was down 3.0% on a year-over-year basis. Sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current 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 dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is listed as a lead banker on a potential large US IPO (RedotPay) that could raise >$1B at a multi‑billion valuation — a meaningful underwriting mandate would boost IB fee outlook if the deal proceeds. RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report
• Neutral Sentiment: Goldman’s research and trading desks are raising oil-price forecasts (Brent/WTI upgrades), which supports the bank’s commodities trading and macro research franchise — a potential lift to FICC and trading revenue if realized. Oil Prices Rise Ahead of U.S.-Iran Talks. Goldman Sachs Lifts 2026 Forecast.
• Neutral Sentiment: Goldman’s Prime Services desk flagged heavy hedge‑fund selling of global equities — a flow-driven environment that can boost prime brokerage and trading commissions but also signals market volatility. Hedge Funds Sold Most Global Equities Since April, Goldman Says
• Neutral Sentiment: Goldman continues normal IB/coverage activity (initiating coverage on tech and insurance names), reinforcing recurring advisory and research workflows that support fee generation over time. Goldman Sachs Initiates Coverage of Credo Technology Group Holding Ltd (CRDO) Stock
• Negative Sentiment: Corporate governance update: Goldman removed formal DEI thresholds from its board-selection policy — could concern ESG-focused investors and index funds that weigh governance signals, potentially limiting enthusiasm from that investor cohort. Goldman Sachs Governance Shift Drops DEI Criteria As Valuation Stays Premium
• Negative Sentiment: Reputational watch: coverage notes Goldman’s CEO and the NYSE president attended a Trump‑backed crypto event — a potential PR/headline risk that could temper sentiment among some institutional investors. Goldman CEO, NYSE President Attend Trump-Backed World Liberty Crypto Event

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the completion of the transaction, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at approximately $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David A. Viniar sold 45,000 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $965.33, for a total value of $43,439,850.00. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by insiders.

Institutional Trading of The Goldman Sachs Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Acropolis Investment Management LLC raised its stake in The Goldman Sachs Group by 1.8% during the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock worth $554,000 after buying an additional 11 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its stake in shares of The Goldman Sachs Group by 2.0% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock worth $505,000 after acquiring an additional 11 shares in the last quarter. Optas LLC lifted its position in shares of The Goldman Sachs Group by 0.4% during the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after purchasing an additional 11 shares in the last quarter. Pines Wealth Management LLC boosted its holdings in The Goldman Sachs Group by 0.4% during the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock worth $2,255,000 after purchasing an additional 11 shares during the last quarter. Finally, Welch & Forbes LLC grew its position in The Goldman Sachs Group by 0.8% in the 4th quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock worth $1,257,000 after purchasing an additional 11 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analysts Set New Price Targets

GS has been the subject of a number of recent research reports. Jefferies Financial Group raised their price target on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Argus boosted their price target on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a report on Friday, January 16th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. Daiwa Securities Group upped their price target on The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $916.86.

About Senator McCormick

David McCormick (Republican Party) is a member of the U.S. Senate from Pennsylvania. He assumed office on January 3, 2025. His current term ends on January 3, 2031.

McCormick (Republican Party) ran for election to the U.S. Senate to represent Pennsylvania. He won in the general election on November 5, 2024.

David McCormick was born in Washington, Pennsylvania, and lives in Pennsylvania. He served in the U.S. Army 82nd Airborne Division as a paratrooper, during which time he was deployed to the Middle East during the First Gulf War and reached the rank of Captain. McCormick received his bachelor’s degree in mechanical engineering from the United States Military Academy at West Point and his Ph.D. in international affairs from Princeton University. His professional experience includes working as the CEO of a tech startup and of Bridgewater Associates, an investment management firm, and under secretary in both the Department of Commerce and the Department of the Treasury.

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.