Prospera Financial Services Inc lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 5.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,428 shares of the investment management company’s stock after selling 541 shares during the quarter. Prospera Financial Services Inc’s holdings in The Goldman Sachs Group were worth $7,512,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. bought a new stake in The Goldman Sachs Group during the third quarter valued at $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $28,000. Corundum Trust Company INC purchased a new position in shares of The Goldman Sachs Group during the third quarter worth about $29,000. Elevation Wealth Partners LLC increased its position in shares of The Goldman Sachs Group by 100.0% in the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after purchasing an additional 20 shares during the last quarter. Finally, Clearstead Trust LLC bought a new stake in The Goldman Sachs Group during the second quarter valued at approximately $31,000. 71.21% of the stock is owned by hedge funds and other institutional investors.
The Goldman Sachs Group Stock Performance
Shares of GS stock opened at $948.40 on Wednesday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The stock has a fifty day moving average of $914.60 and a 200 day moving average of $820.58. The company has a quick ratio of 0.65, a current ratio of 1.13 and a debt-to-equity ratio of 2.29. The firm has a market capitalization of $284.45 billion, a price-to-earnings ratio of 18.49, a PEG ratio of 1.16 and a beta of 1.34.
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 paid a dividend of $4.50 per share. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is 31.20%.
Insider Activity
In other news, CEO David M. Solomon sold 272 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total value of $255,386.24. Following the sale, the chief executive officer directly owned 125,527 shares of the company’s stock, valued at $117,859,810.84. The trade was a 0.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Sheara J. Fredman sold 4,863 shares of the stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total value of $4,492,196.25. Following the completion of the sale, the chief accounting officer directly owned 10,301 shares in the company, valued at approximately $9,515,548.75. This represents a 32.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 87,513 shares of company stock valued at $83,718,401. 0.55% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several research firms have recently weighed in on GS. Citigroup raised their price objective on shares of The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Daiwa Securities Group increased their price objective 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. Argus boosted their target price on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Finally, Barclays upped their target price on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fifteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and an average target price of $916.86.
Read Our Latest Report on The Goldman Sachs Group
The Goldman Sachs Group News Summary
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman presented at the UBS Financial Services Conference; management reiterated confidence in deal pipelines and client activity, which supports advisory and underwriting revenue expectations. The Goldman Sachs Group, Inc. (GS) Presents at UBS Financial Services Conference 2026 Transcript
- Positive Sentiment: CEO David Solomon said financial sponsors (PE firms) under pressure to return capital may boost dealmaking — a direct tailwind for M&A, leveraged finance and advisory fees. Goldman Sachs CEO says financial sponsors may boost dealmaking activity
- Positive Sentiment: Goldman is lead arranger for up to $1B acquisition financing for Presidio — an example of fee-bearing financing activity and balance-sheet-led client solutions. This highlights GS’s wholesale financing and syndication franchise at work. Presidio Announces Proposed $1 Billion Acquisition Financing Facility with Goldman Sachs
- Positive Sentiment: Goldman projects a rebound in the U.S. IPO market to a record ~$160B in 2026 — if realized, this would boost underwriting fees and equity capital markets revenue. Goldman Sachs (GS) Forecasts U.S. IPO Market Will Hit a Record $160 Billion This Year
- Neutral Sentiment: Goldman’s research and strategy pieces (memory market, software picks, REIT lists) keep GS visible across equity research and institutional flow — supportive of fee and trading relationships but not immediately revenue-binding. 4 Beaten‑Down Software Stocks To Buy After Sector Crash: Goldman Sachs
- Neutral Sentiment: Media pieces highlighting GS as a blue‑chip stock pick or covering analyst ratings/price-target moves keep investor focus on fundamentals and multiples but are routine and have mixed near-term impact. 5 Blue-Chip Stocks to Buy as Dow Hits a New Milestone
- Negative Sentiment: Goldman traders and research highlighted elevated market fragility and warned U.S. stocks remain vulnerable to further selling; weaker markets could pressure trading revenue and risk-taking activity. Goldman Traders Warn Stock Selling Isn’t Over in Choppy Market
- Negative Sentiment: CEO Solomon described the recent software-sector rout as “too broad,” implicitly flagging downside risk in tech positions and market volatility that can weight trading and principal-investing results. Goldman Sachs CEO Solomon calls software rout ‘too broad’ as Wall Street looks to steady investor nerves
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.
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