Crossmark Global Holdings Inc. boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 4.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,629 shares of the investment management company’s stock after buying an additional 1,029 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in The Goldman Sachs Group were worth $18,817,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of GS. Harbor Capital Advisors Inc. acquired a new position in The Goldman Sachs Group during the 3rd quarter worth approximately $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group during the third quarter worth $28,000. Corundum Trust Company INC acquired a new position in shares of The Goldman Sachs Group during the third quarter worth $29,000. Clearstead Trust LLC acquired a new position in shares of The Goldman Sachs Group during the second quarter worth $31,000. Finally, Elevation Wealth Partners LLC lifted its stake in shares of The Goldman Sachs Group by 100.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock valued at $32,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on GS. Dbs Bank boosted their price objective on The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Barclays boosted their price target on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Jefferies Financial Group raised their price objective on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Finally, Daiwa Securities Group upped their price target on shares of 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. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $916.86.
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman’s Growth Equity at Goldman Sachs Alternatives led a $65M Series C in senior‑care platform Sage — a fee‑generating private‑equity win that highlights deal flow and alternative‑asset activity for Goldman. Read More.
- Positive Sentiment: Private Equity at Goldman Sachs Alternatives announced a strategic investment in cybersecurity compliance firm Schellman, another sign the firm is actively deploying capital in fee‑earning deals. Read More.
- Positive Sentiment: Goldman completed a majority private‑equity investment in Mace Consult, supporting expected growth and potential fee income from infrastructure consulting holdings. Read More.
- Neutral Sentiment: Goldman strategists are publicly saying equity pullbacks tied to Iran tensions and AI fears could be buying opportunities — guidance that may stabilize sentiment over time but doesn’t remove near‑term volatility. Read More.
- Neutral Sentiment: Goldman is actively publishing market research (raising short‑term Brent forecasts, advising on AI impacts for insurers and flagging oil dislocations) — useful for institutional clients but mixed in its direct effect on GS shares. Read More.
- Negative Sentiment: CEO David Solomon said he was “surprised” by the market’s muted response to the Iran conflict and warned markets may take weeks to digest its impact — comments that underscore geopolitical risk and likely explain part of the sell‑off. Read More.
- Negative Sentiment: Reports that Goldman’s departing top lawyer Kathryn Ruemmler has been asked to testify in House probes tied to Jeffrey Epstein raise potential legal/reputational risk for the firm, increasing investor caution. Read More.
- Negative Sentiment: Goldman is being singled out as one of the largest drags on the Dow amid today’s market weakness — reinforcing momentum selling and headline‑driven declines. Read More.
Insider Transactions at The Goldman Sachs Group
In other The Goldman Sachs Group news, Director David A. Viniar sold 45,000 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the transaction, the director directly owned 555,000 shares in the company, valued at approximately $535,758,150. This represents a 7.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Sheara J. Fredman sold 4,863 shares of The Goldman Sachs Group stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the completion of the sale, the chief accounting officer owned 10,301 shares of the company’s stock, valued at $9,515,548.75. This represents a 32.07% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 117,283 shares of company stock valued at $112,016,033. 0.55% of the stock is owned by insiders.
The Goldman Sachs Group Stock Down 3.7%
Shares of NYSE GS opened at $835.15 on Friday. The company’s 50 day moving average price is $920.33 and its 200-day moving average price is $839.47. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The Goldman Sachs Group, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70. The company has a market capitalization of $247.83 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 1.06 and a beta of 1.34.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The business had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The Goldman Sachs Group’s quarterly revenue was down 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $11.95 earnings per share. Equities analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.
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 issued a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is presently 35.09%.
The Goldman Sachs Group Company 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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