The Goldman Sachs Group, Inc. $GS Stock Holdings Lessened by First Fiduciary Investment Counsel Inc.

First Fiduciary Investment Counsel Inc. lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.0% in the third quarter, HoldingsChannel reports. The firm owned 30,684 shares of the investment management company’s stock after selling 611 shares during the quarter. The Goldman Sachs Group makes up approximately 4.8% of First Fiduciary Investment Counsel Inc.’s holdings, making the stock its 4th biggest holding. First Fiduciary Investment Counsel Inc.’s holdings in The Goldman Sachs Group were worth $24,435,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Gilliland Jeter Wealth Management LLC raised its position in shares of The Goldman Sachs Group by 3.5% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock valued at $309,000 after buying an additional 13 shares during the last quarter. EWA LLC boosted its position in The Goldman Sachs Group by 2.2% during the third quarter. EWA LLC now owns 612 shares of the investment management company’s stock worth $488,000 after acquiring an additional 13 shares during the last quarter. Carrera Capital Advisors grew its stake in The Goldman Sachs Group by 3.5% in the 3rd quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock worth $306,000 after acquiring an additional 13 shares during the period. Winthrop Advisory Group LLC grew its stake in The Goldman Sachs Group by 3.4% in the 2nd quarter. Winthrop Advisory Group LLC now owns 429 shares of the investment management company’s stock worth $303,000 after acquiring an additional 14 shares during the period. Finally, KPP Advisory Services LLC raised its holdings in The Goldman Sachs Group by 2.1% in the 2nd quarter. KPP Advisory Services LLC now owns 668 shares of the investment management company’s stock valued at $473,000 after acquiring an additional 14 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman says investment banking and trading segments have strong momentum — this supports revenue upside for GS and helps justify recent multiple expansion. Goldman Sachs sees strong momentum in investment banking and trading segments
• Positive Sentiment: Analysts and write-ups are noting an upgraded 2026 outlook and a dividend increase, which supports GS’s valuation narrative and income appeal for investors. A Look At Goldman Sachs (GS) Valuation After 2026 Outlook Upgrade And Dividend Increase
• Positive Sentiment: Goldman participated in a $70M Series C for TRM Labs (crypto/blockchain analytics), signaling continued GS backing of fintech and digital-asset infrastructure — a strategic move that can expand GS’s deal flow and private‑markets exposure. TRM Labs completes $70M investment round at $1B, becomes crypto unicorn
• Neutral Sentiment: Goldman Sachs Alternatives made a sustainable‑investing minority investment in LearnWell — positive for ESG positioning but unlikely to move near‑term earnings materially. LearnWell Announces Investment from Goldman Sachs Alternatives
• Neutral Sentiment: GS is getting a lot of investor attention in media roundups (Zacks and others) — higher visibility can boost flows but also increases short‑term volatility. The Goldman Sachs Group, Inc. (GS) is Attracting Investor Attention
• Neutral Sentiment: Goldman analyst activity — new coverage and notes (e.g., Healthpeak, Alexandria, Glencore) keep GS at the center of institutional research and trading flow generation; useful for fee income but mixed for near‑term stock impact. Goldman Sachs Highlights Improving Occupancy and Cash Flow Visibility at Healthpeak Properties Inc. (DOC)
• Neutral Sentiment: Regulatory/position filings: Goldman disclosed a 3.11% economic position in Qiagen via shares and derivatives — routine for a bank with large prop/asset‑management operations; watch for regulatory or strategic follow‑up. Goldman Sachs Reports 3.11% Stake in QIAGEN via Shares and Derivatives
• Negative Sentiment: Goldman’s CEO flagged “slower” talent growth this year — a cautionary sign that management may be tightening hiring/growth plans; investors sometimes view slower headcount growth as reduced future revenue cadence. Goldman Sachs CEO forecasts ‘slower’ talent growth this year

Insider Buying and Selling

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 4,863 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the transaction, the chief accounting officer owned 10,301 shares in the company, valued at $9,515,548.75. The trade was a 32.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $927.51, for a total value of $8,893,893.39. Following the completion of the sale, the insider owned 18,533 shares of the company’s stock, valued at approximately $17,189,542.83. This trade represents a 34.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 87,513 shares of company stock valued at $83,718,401 over the last ninety days. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Trading Down 2.9%

NYSE GS opened at $911.91 on Thursday. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The company’s 50 day moving average price is $905.73 and its 200 day moving average price is $813.87. 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 $273.51 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.15 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same period in the previous year, the firm earned $11.95 earnings per share. The Goldman Sachs Group’s revenue for the quarter was down 3.0% on a year-over-year basis. On average, 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 business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be issued a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 2.0%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is currently 31.20%.

Analyst Ratings Changes

GS has been the topic of several analyst reports. UBS Group restated a “neutral” rating and set a $990.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Weiss Ratings reissued a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Rothschild & Co Redburn lifted their price target on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Finally, Evercore ISI reiterated an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $907.43.

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.