The Goldman Sachs Group, Inc. $GS is Congress Asset Management Co.’s 7th Largest Position

Congress Asset Management Co. lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 256,315 shares of the investment management company’s stock after selling 4,389 shares during the period. The Goldman Sachs Group comprises approximately 1.6% of Congress Asset Management Co.’s portfolio, making the stock its 7th largest position. Congress Asset Management Co.’s holdings in The Goldman Sachs Group were worth $225,301,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GS. Norges Bank purchased a new position in shares of The Goldman Sachs Group during the second quarter worth $2,138,031,000. Wellington Management Group LLP raised its holdings in shares of The Goldman Sachs Group by 110.8% in the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after buying an additional 936,015 shares during the period. Laurel Wealth Advisors LLC lifted its stake in The Goldman Sachs Group by 100,678.6% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock worth $286,017,000 after acquiring an additional 403,721 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in The Goldman Sachs Group by 18.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after acquiring an additional 291,280 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in The Goldman Sachs Group by 3.6% during the 2nd quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock valued at $4,628,507,000 after acquiring an additional 227,604 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs outperformed peers in the latest session and has shown relative strength versus the market, supporting buyer interest in the shares. Goldman Sachs (GS) Surpasses Market Returns
• Positive Sentiment: Goldman’s research is raising oil-price forecasts and highlighting energy winners — this boosts expectations for trading, advisory fees and research-led flows, which can lift bank revenue. Goldman Sachs Raises Oil Price Forecasts – Picks 7 Winners Among Energy Stocks
• Positive Sentiment: Analyst commentary and buy-side pieces argue recent GS share weakness is an attractive entry point — investors focused on earnings resilience, cost measures (One Goldman Sachs 3.0) and AI/automation-led productivity are likely buyers. Goldman Sachs: Selloff Represents Good Entry Point For Investors
• Neutral Sentiment: Goldman’s analyst activity (e.g., maintained bullish stances on big tech like Nvidia) and institutional moves (large purchases of digital-asset ETF exposure) highlight diversified revenue/proprietary activity but have mixed near-term impact on GS shares. Goldman Sachs sends blunt message on Nvidia stock after GTC
• Neutral Sentiment: Coverage of Goldman as a major buyer in crypto ETF flows signals new business lines and balance-sheet activity; this diversifies franchise exposure but is not an immediate earnings catalyst. XRP Price Prediction / Goldman as buyer
• Negative Sentiment: Extreme oil-price swings tied to geopolitical headlines (Trump/Iran developments) are creating sharp market volatility; while volatility can boost trading revenue, the macro hit from surging energy-driven inflation and a delayed Fed easing would be a headwind for risk assets and bank valuations. Oil Dives as Trump Backs Off Iran Threats, Says Talks Underway
• Negative Sentiment: Goldman itself flags rising correction risk and warns that an energy surge could keep inflation and rates higher for longer — a backdrop that can pressure investment banking multiples and broader market sentiment. Goldman Sachs Sees Correction Risks Rising

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Argus lifted their target price on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Zacks Research lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. JPMorgan Chase & Co. lifted their price objective on shares of 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 target price on shares of 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, Keefe, Bruyette & Woods increased their target price on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a report on Friday, January 16th. Eight investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average price target of $919.29.

Insider Buying and Selling

In related news, EVP John F.W. Rogers sold 13,151 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the transaction, the executive vice president owned 39,007 shares in the company, valued at approximately $37,408,883.21. The trade was a 25.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Treasurer Carey Halio sold 2,846 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the transaction, the treasurer directly owned 2,017 shares in the company, valued at $1,870,101.89. This trade represents a 58.52% 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 worth $112,016,033. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of GS opened at $831.36 on Tuesday. The stock has a 50-day simple moving average of $894.74 and a 200-day simple moving average of $847.24. 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 stock has a market capitalization of $246.71 billion, a PE ratio of 16.21, a PEG ratio of 1.00 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 EPS 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 return on equity of 15.72% and a net margin of 13.73%.The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $11.95 earnings per share. On average, analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued 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 is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio (DPR) 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.