Eastern Bank Buys 898 Shares of The Goldman Sachs Group, Inc. $GS

Eastern Bank grew its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 58.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,438 shares of the investment management company’s stock after acquiring an additional 898 shares during the quarter. Eastern Bank’s holdings in The Goldman Sachs Group were worth $2,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Acropolis Investment Management LLC increased its stake in shares of The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock worth $554,000 after buying an additional 11 shares during the period. Terra Nova Asset Management LLC boosted its position in The Goldman Sachs Group by 0.5% during the 4th quarter. Terra Nova Asset Management LLC now owns 2,650 shares of the investment management company’s stock valued at $2,329,000 after buying an additional 12 shares during the period. Gilliland Jeter Wealth Management LLC grew its holdings in The Goldman Sachs Group by 3.5% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock worth $309,000 after acquiring an additional 13 shares during the last quarter. EWA LLC increased its position in shares of The Goldman Sachs Group by 2.2% in the third quarter. EWA LLC now owns 612 shares of the investment management company’s stock valued at $488,000 after acquiring an additional 13 shares during the period. Finally, Carrera Capital Advisors increased its position in shares of The Goldman Sachs Group by 3.5% in the third quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock valued at $306,000 after acquiring an additional 13 shares during the period. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman is among banks that arranged a $40B unsecured bridge loan to SoftBank to fund additional OpenAI investment — a sizable lending/arranging role that can generate fees and visibility for GS’s corporate finance business. SoftBank $40B loan
• Positive Sentiment: Goldman was appointed financial advisor to Golar LNG in a strategic review — another advisory mandate that can drive near-term fees. Golar LNG advisory
• Positive Sentiment: Market chatter puts Goldman as a leading contender to lead a potential SpaceX IPO — if it happens, underwriting fees would be material. SpaceX IPO speculation
• Neutral Sentiment: Goldman research says institutional deleveraging could clear a path for U.S. stocks to rise — this supports trading desks but is a forward-looking view rather than immediate revenue. Institutional deleveraging outlook
• Neutral Sentiment: Goldman-backed Canton Network integrated with LayerZero to enable cross-chain transfers — strategic for GS’s digital-asset ecosystem but not yet a large revenue driver. Canton–LayerZero integration
• Negative Sentiment: Insiders sold roughly $136M of GS stock — significant insider selling can sap investor confidence about near-term outlook. Insider selling
• Negative Sentiment: Former CEO Lloyd Blankfein and other commentators warn of elevated “fire” risk and mark‑to‑market pressure in private markets — a direct concern for Goldman given its sizable private‑markets exposure. Private-market markdown risk
• Negative Sentiment: Goldman’s own macro work highlights a large Iran-driven oil supply shock and estimates jobs losses — the geopolitical shock raises market volatility and downside risks to GS’s trading and investment banking outlook. Iran oil shock analysis
• Negative Sentiment: Goldman disclosed a $152M exposure to spot XRP ETFs — positive for asset‑management growth but increases GS’s exposure to crypto volatility and regulatory/market risk. XRP ETF exposure
• Negative Sentiment: Goldman downgraded Indian equities and cut its Nifty target, flagging energy‑shock led earnings cuts — a sign the firm sees regional downside that could reduce future deal flow in Asia. India downgrade

Analysts Set New Price Targets

GS has been the subject of a number of analyst reports. Barclays increased their target price on shares of 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. Daiwa Securities Group boosted their price target on The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Jefferies Financial Group upped their price target on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Rothschild & Co Redburn increased their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Eight investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $919.29.

The Goldman Sachs Group Trading Up 0.1%

Shares of GS opened at $803.33 on Monday. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $984.70. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The firm’s 50-day moving average price is $884.66 and its 200-day moving average price is $849.28. The firm has a market capitalization of $236.98 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 0.97 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same period in the prior year, the firm earned $11.95 earnings per share. The Goldman Sachs Group’s revenue was down 3.0% on a year-over-year basis. Sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

Insider Transactions at The Goldman Sachs Group

In other news, insider Kathryn H. Ruemmler sold 9,589 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $927.51, for a total value of $8,893,893.39. Following the completion of the transaction, the insider owned 18,533 shares in the company, valued at $17,189,542.83. This trade represents a 34.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David A. Viniar sold 45,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $965.33, for a total value of $43,439,850.00. Following the sale, the director owned 555,000 shares in the company, valued at $535,758,150. This represents a 7.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by insiders.

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.