Intact Investment Management Inc. Has $1.91 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Intact Investment Management Inc. cut its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 38.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,400 shares of the investment management company’s stock after selling 1,500 shares during the quarter. Intact Investment Management Inc.’s holdings in The Goldman Sachs Group were worth $1,911,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of GS. Norges Bank bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at about $2,138,031,000. Ninety One UK Ltd acquired a new stake in shares of The Goldman Sachs Group in the second quarter valued at approximately $408,780,000. AGF Management Ltd. boosted its stake in shares of The Goldman Sachs Group by 2,429.6% in the second quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock valued at $343,524,000 after buying an additional 466,187 shares during the period. Laurel Wealth Advisors LLC boosted its stake in shares of The Goldman Sachs Group by 100,678.6% in the second quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock valued at $286,017,000 after buying an additional 403,721 shares during the period. Finally, Ameriprise Financial Inc. grew its position in The Goldman Sachs Group by 18.2% during the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after buying an additional 291,280 shares in the last quarter. 71.21% of the stock is owned by institutional investors.

Insider Activity

In other news, Director David A. Viniar sold 19,796 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $964.27, for a total transaction of $19,088,688.92. Following the completion of the transaction, the director owned 103,390 shares in the company, valued at $99,695,875.30. This trade represents a 16.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 68,186 shares of company stock worth $65,820,670 in the last quarter. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock opened at $931.31 on Tuesday. The firm’s 50-day moving average is $885.41 and its 200 day moving average is $803.44. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. 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 stock has a market cap of $279.33 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.13 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating 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 analyst estimates of $14.30 billion. During the same period in the previous year, the business earned $11.95 EPS. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. Sell-side analysts anticipate 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. Investors of record on Monday, March 2nd will be paid a dividend of $4.50 per share. 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 yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is 31.20%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman announced a second dividend increase in less than a year (quarterly payout raised to $4.50), signaling strong free cash flow and management confidence after a very strong 2025. Higher cash returns support the stock’s valuation and attract income-focused buyers. Dividend Raises Are Spreading—These 3 Big Players Led the Move
• Positive Sentiment: Goldman promoted seven partners to its management committee, mostly from its $3.6T wealth & investing business—moves that strengthen leadership depth in a high-growth, fee-generating division (GSAM/wealth). That reinforces investor confidence in recurring-revenue growth and cross-selling potential. Goldman Sachs added 7 new leaders at the top — all from its $3.6 trillion wealth and investing business
• Positive Sentiment: RBC Capital reiterated positive commentary on Goldman, calling it a preeminent global investment bank—third‑party analyst praise can boost sentiment and buying interest after recent strong results. The Goldman Sachs Group, Inc. (GS) is a preeminent global investment bank, says RBC Capital
• Neutral Sentiment: Goldman Sachs BDC priced a $400M notes offering—important for the BDC’s funding profile but only indirectly relevant to GS parent performance; monitors of the BDC side should watch leverage and deployment of proceeds. Goldman Sachs BDC Prices $400 Million Notes Offering
• Neutral Sentiment: Goldman’s research reiterated a preference for Nvidia within the AI compute ecosystem—this boosts the perceived quality of Goldman’s research franchise (a non‑core but credibility‑enhancing factor) and may help trading and capital markets flow, but it’s an indirect driver of GS stock. Goldman Reaffirms Preference for Nvidia (NVDA) in AI Compute Ecosystem
• Neutral Sentiment: Goldman research warns of increased volatility in silver prices—illustrates the firm’s macro research output and trading-opportunity commentary; potential trading revenues could benefit Goldman but the effect is uncertain and market-dependent. ‘Silver Prices Face Turbulence’: Goldman Sachs Sees More Wild Swings Ahead

Analysts Set New Price Targets

A number of research firms have recently weighed in on GS. Keefe, Bruyette & Woods upped their target price on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a research report on Friday, January 16th. BMO Capital Markets boosted their price target on The Goldman Sachs Group from $980.00 to $985.00 and gave the company a “market perform” rating in a research note on Tuesday, January 20th. Evercore ISI reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Friday, January 16th. JPMorgan Chase & Co. increased their price objective on shares of 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. Finally, Morgan Stanley decreased their target price on shares of The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 15th. One investment 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 given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $898.00.

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.