Washington Trust Bank Sells 2,638 Shares of The Goldman Sachs Group, Inc. $GS

Washington Trust Bank lowered its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 8.1% in the third quarter, HoldingsChannel reports. The firm owned 29,813 shares of the investment management company’s stock after selling 2,638 shares during the period. The Goldman Sachs Group makes up 1.7% of Washington Trust Bank’s portfolio, making the stock its 14th largest position. Washington Trust Bank’s holdings in The Goldman Sachs Group were worth $23,742,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of The Goldman Sachs Group by 17.1% in the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after purchasing an additional 508 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after buying an additional 58 shares during the period. Acadian Asset Management LLC grew its stake in The Goldman Sachs Group by 14.5% in the 1st quarter. Acadian Asset Management LLC now owns 13,729 shares of the investment management company’s stock valued at $7,497,000 after buying an additional 1,741 shares during the last quarter. Advisors Capital Management LLC raised its holdings in The Goldman Sachs Group by 2.5% in the 1st quarter. Advisors Capital Management LLC now owns 1,077 shares of the investment management company’s stock valued at $589,000 after acquiring an additional 26 shares during the period. Finally, Modern Wealth Management LLC lifted its position in The Goldman Sachs Group by 5.5% during the first quarter. Modern Wealth Management LLC now owns 946 shares of the investment management company’s stock worth $517,000 after acquiring an additional 49 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

GS has been the topic of a number of recent research reports. BNP Paribas Exane increased their target price on The Goldman Sachs Group from $685.00 to $775.00 and gave the stock a “neutral” rating in a research note on Friday, October 17th. Daiwa Capital Markets upped their price objective on The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a report on Tuesday, January 6th. Keefe, Bruyette & Woods lifted their target price on The Goldman Sachs Group from $870.00 to $971.00 and gave the stock a “market perform” rating in a report on Wednesday, December 17th. JPMorgan Chase & Co. upped their price target on shares of The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Rothschild & Co Redburn lifted their price objective on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Five research 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. According to MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus price target of $849.61.

The Goldman Sachs Group Trading Up 0.5%

GS opened at $939.04 on Friday. The stock has a market capitalization of $281.65 billion, a price-to-earnings ratio of 19.07, a P/E/G ratio of 1.01 and a beta of 1.33. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 2.53. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $961.69. The company has a 50-day simple moving average of $852.31 and a 200 day simple moving average of $784.01.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, October 14th. The investment management company reported $12.25 EPS for the quarter, beating the consensus estimate of $10.27 by $1.98. The company had revenue of $15.18 billion during the quarter, compared to analysts’ expectations of $13.68 billion. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the previous year, the company earned $8.40 EPS. Analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd were issued a $4.00 dividend. This represents a $16.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.50%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman expects a one-time ~46-cent per‑share boost to Q4 2025 EPS as it exits the Apple Card business and releases $2.48B of loan-loss reserves; the transition to JPMorgan includes markdowns but the reserve release is an immediate earnings tailwind. Goldman Projects 46-Cent EPS Gain in Q4 From Apple Card Transition
• Positive Sentiment: Broker support is piling up — notable price‑target raises (Barclays and others) and bullish notes have increased momentum and investor confidence in GS’s earnings trajectory. Barclays Turns More Confident on Goldman Sachs (GS)
• Neutral Sentiment: Goldman research continues to move markets in other names (e.g., raising Reliance Industries target), underscoring its influential research franchise but with limited direct impact on GS’s operating results. Goldman Sachs raises Reliance Industries’ share price target ahead of Q3 results next week. Here’s why
• Neutral Sentiment: Goldman strategists warn that elevated equity valuations pose downside risk for markets — a macro caveat that can temper appetite for cyclical/risk assets even as GS benefits from its own one‑offs and fees. Goldman Strategists Say High Valuations Put Equities at Risk
• Negative Sentiment: Analysts flag the upcoming January earnings report as a potential volatility point — some models expect a decline in core earnings (outside the Apple Card reserve release), so results or management commentary could produce near‑term swings. Analysts Estimate Goldman Sachs (GS) to Report a Decline in Earnings: What to Look Out for
• Negative Sentiment: Some commentary questions whether GS’s recent ~66% one‑year rally is fully justified — elevated expectations raise the risk of downside if macro or trading revenues soften. Is Goldman Sachs Group (GS) Pricing Reflect Recent 66% One Year Rally Accurately

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.