The Goldman Sachs Group, Inc. $GS Shares Sold by Davidson Investment Advisors

Davidson Investment Advisors cut its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 35.3% during the third quarter, HoldingsChannel.com reports. The fund owned 33,441 shares of the investment management company’s stock after selling 18,273 shares during the period. The Goldman Sachs Group accounts for about 1.1% of Davidson Investment Advisors’ holdings, making the stock its 25th largest holding. Davidson Investment Advisors’ holdings in The Goldman Sachs Group were worth $26,630,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Dogwood Wealth Management LLC grew its position in shares of The Goldman Sachs Group by 1,800.0% in the second quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 36 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in The Goldman Sachs Group during the third quarter worth $26,000. First PREMIER Bank purchased a new stake in The Goldman Sachs Group in the 3rd quarter valued at $28,000. Clearstead Trust LLC acquired a new stake in shares of The Goldman Sachs Group in the 2nd quarter worth $31,000. Finally, Elevation Wealth Partners LLC raised its holdings in shares of The Goldman Sachs Group by 100.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after acquiring an additional 20 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 is funding private AI campuses and investing in power/infrastructure to host large-scale AI workloads — a strategic move that could open new fee- and lending-related revenue streams and position GS as a partner to big tech and AI enterprises. As Goldman Sachs Funds the Next Era of AI
• Positive Sentiment: Investor interest in GS’s ETF products is rising — the Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is drawing attention for a ~9.8% yield, which could drive inflows and boost management fees/fee-related revenue. GPIQ ETF Offers a 9.8% Dividend Yield—Is It a Buy?
• Positive Sentiment: Mainstream coverage (CNBC/market writeups) is calling out Goldman Sachs as a trade idea, keeping the firm visible to retail and institutional investors and reinforcing positive sentiment around its multi‑business model. Goldman Sachs, Alibaba Group And A Tech Stock: CNBC’s ‘Final Trades’
• Neutral Sentiment: Goldman’s research and ratings activity remains active — the firm has issued Buy/Neutral/Sell updates across multiple companies (e.g., Nu Holdings buy, IREN initiation at Neutral, Bristol-Myers target raise, ARM downgrade). These demonstrate persistent institutional research revenue and influence, but are more reflective of the research business than direct stock drivers. NU Gets Buy Rating From Goldman Sachs Goldman Sachs Initiates Iren Goldman Sachs Downgrades Arm
• Neutral Sentiment: Several Goldman-managed funds published Q3 2025 commentaries (Small Cap Equity ETF, International Equity Insights, ESG Emerging Markets). Fund performance and flows matter over time but these updates are routine and only gradually influence the stock via AUM and fee trends. Small Cap Equity ETF Q3 2025 Commentary

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $913.46 on Friday. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $919.10. The company has a debt-to-equity ratio of 2.53, a quick ratio of 0.65 and a current ratio of 0.65. The company has a 50 day moving average price of $836.84 and a 200 day moving average price of $772.51. The stock has a market capitalization of $273.97 billion, a P/E ratio of 18.55, a PEG ratio of 1.03 and a beta of 1.36.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Tuesday, October 14th. The investment management company reported $12.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.27 by $1.98. The Goldman Sachs Group had a return on equity of 15.29% and a net margin of 13.18%.The company had revenue of $15.18 billion for the quarter, compared to analyst estimates of $13.68 billion. During the same quarter in the previous year, the company earned $8.40 earnings per share. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 2nd were issued a dividend of $4.00 per share. This represents a $16.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.50%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Evercore ISI upped their price objective on shares of The Goldman Sachs Group from $752.00 to $830.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft increased their price target on shares of The Goldman Sachs Group from $725.00 to $790.00 and gave the company a “hold” rating in a research note on Tuesday, September 30th. BMO Capital Markets began coverage on shares of The Goldman Sachs Group in a report on Friday, October 3rd. They set a “market perform” rating and a $785.00 price target for the company. Zacks Research cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 16th. Finally, Morgan Stanley cut their target price on The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 15th. Four investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $801.71.

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.