E. Ohman J or Asset Management AB lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 17.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,682 shares of the investment management company’s stock after selling 2,282 shares during the period. E. Ohman J or Asset Management AB’s holdings in The Goldman Sachs Group were worth $9,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Norges Bank purchased a new stake in shares of The Goldman Sachs Group during the second quarter worth approximately $2,138,031,000. Wellington Management Group LLP lifted its stake in The Goldman Sachs Group by 110.8% in the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after acquiring an additional 936,015 shares during the last quarter. Laurel Wealth Advisors LLC grew its holdings 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. grew its holdings 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 increased its position in shares of The Goldman Sachs Group by 3.6% in 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 purchasing an additional 227,604 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Price Performance
Shares of GS opened at $831.36 on Tuesday. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $984.70. The stock has a market cap of $246.71 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.00 and a beta of 1.34. The firm has a fifty day moving average price of $894.74 and a 200 day moving average price of $847.24.
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 given a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 2.2%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is presently 35.09%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the stock. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. HSBC raised their price target on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Wells Fargo & Company lifted their price target on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. BNP Paribas Exane increased their price objective on The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Finally, Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Eight analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $919.29.
View Our Latest Report on The Goldman Sachs Group
Insider Buying and Selling
In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,092 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $936.89, for a total value of $1,023,083.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Treasurer Carey Halio sold 2,846 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the transaction, the treasurer owned 2,017 shares in the company, valued at approximately $1,870,101.89. This trade represents a 58.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 117,283 shares of company stock valued at $112,016,033 in the last 90 days. Company insiders own 0.55% 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 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
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.
Further Reading
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