AIA Group Ltd lifted its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 75.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,073 shares of the investment management company’s stock after buying an additional 8,638 shares during the quarter. AIA Group Ltd’s holdings in The Goldman Sachs Group were worth $15,985,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in GS. Harbor Capital Advisors Inc. bought a new stake in The Goldman Sachs Group in the third quarter worth approximately $26,000. First PREMIER Bank acquired a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at $28,000. Corundum Trust Company INC acquired a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at $29,000. Elevation Wealth Partners LLC boosted its holdings in 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 in the last quarter. Finally, Graney & King LLC boosted its holdings in The Goldman Sachs Group by 51.5% in the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after purchasing an additional 17 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
Insiders Place Their Bets
In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,092 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $936.89, for a total value of $1,023,083.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Denis P. Coleman sold 11,623 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 117,283 shares of company stock valued at $112,016,033 in the last 90 days. 0.55% of the stock is currently owned by corporate insiders.
The Goldman Sachs Group Trading Down 0.2%
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, beating the consensus estimate of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $11.95 EPS. Equities research 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 disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a $4.50 dividend. 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 dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. UBS Group restated a “neutral” rating and set a $990.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. BNP Paribas Exane upped their price target on The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. increased their price objective on The Goldman Sachs Group from $815.00 to $826.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Autonomous Res cut their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $919.29.
Check Out Our Latest Stock Report on GS
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman is reported to be leading the underwriter race for a potential SpaceX/Starlink IPO — a large, high-profile mandate that would generate significant fees and bolster investment-banking revenue expectations. SpaceX Now Has 10,000 Starlink Satellites In Space — And Polymarket Is Betting The IPO Is Coming Soon
- Positive Sentiment: Goldman’s trading/asset-management presence shows up in crypto flows — coverage notes Goldman became a large XRP ETF buyer, highlighting fee-generating ETF activity and diversification outside traditional banking. XRP Price Prediction: Will the XRP Price Surge If the CLARITY Act Passes?
- Neutral Sentiment: Goldman reiterated a bullish S&P 500 call (large, longer‑term market view). That helps sentiment but is more macro than an immediate earnings driver for GS itself. Goldman Sachs doubles down on bold S&P 500 forecast
- Neutral Sentiment: Goldman research shows small businesses are adopting AI but few integrate it effectively — useful for long-term product and advisory opportunities, but not an immediate revenue catalyst. Goldman Sachs says small businesses are embracing AI, but fewer than 1 in 5 are good at actually integrating it
- Negative Sentiment: Goldman has cut its U.S. growth forecast and raised the probability of recession — a bearish macro signal from the firm’s own research that can sap risk appetite and pressure trading and M&A activity across the bank’s businesses. Goldman Sachs Just Issued a New Warning on the U.S. Economy — And It’s Not Just About Oil
- Negative Sentiment: Goldman warns the Middle East shock will disproportionately hit refined fuels (diesel, jet fuel) and raised inflation/PCE forecasts — energy-driven macro risk increases volatility and could hurt trading and credit exposure. Goldman Sachs Warns Oil’s Biggest Shock Will Hurt Fuels Most
- Negative Sentiment: Goldman research notes hedge funds are aggressively reducing exposure to financials and U.S. banks hold large private‑credit books — a sector-wide risk that can depress GS multiple and trading flows. Hedge Funds Dump Financial Stocks at Record Pace Amid Growing Market Uncertainty
- Negative Sentiment: Senior-banker movement: JPMorgan appointed Goldman’s Yi Zhang to co-head China IBD and Nomura hired an ex‑Goldman derivatives salesperson — departures of senior rainmakers can pressure deal pipelines and client coverage. JPMorgan names Goldman’s Yi Zhang as China investment banking co-head Nomura Hires Ex-Goldman’s Connolly to Boost Derivative Sales
- Negative Sentiment: Goldman’s research lowered India growth and warned the rupee could slide to 95, signaling regional FX/funding stress that could weigh on EM trading and advisory revenues. Goldman Sachs cuts India’s growth forecast to 6.4% for FY27, sees Re sliding to 95
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.
See Also
Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS – Free Report).
Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.
