Massachusetts Financial Services Co. MA Has $1.05 Billion Holdings in The Goldman Sachs Group, Inc. $GS

Massachusetts Financial Services Co. MA reduced its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 17.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,323,467 shares of the investment management company’s stock after selling 281,355 shares during the period. Massachusetts Financial Services Co. MA’s holdings in The Goldman Sachs Group were worth $1,053,943,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GS. Norges Bank bought a new position in shares of The Goldman Sachs Group in the second quarter valued at approximately $2,138,031,000. Ninety One UK Ltd bought a new stake in The Goldman Sachs Group during the second quarter valued at about $408,780,000. AGF Management Ltd. grew its position in shares of The Goldman Sachs Group by 2,429.6% in the second quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock valued at $343,524,000 after purchasing an additional 466,187 shares during the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of The Goldman Sachs Group by 100,678.6% in the second quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock worth $286,017,000 after purchasing an additional 403,721 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in The Goldman Sachs Group by 18.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after buying an additional 291,280 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock opened at $961.54 on Friday. The stock has a market capitalization of $288.39 billion, a price-to-earnings ratio of 18.75, a P/E/G ratio of 1.02 and a beta of 1.33. The firm’s 50-day moving average price is $868.57 and its two-hundred day moving average price is $793.05. The company has a current ratio of 1.13, a quick ratio of 0.65 and a debt-to-equity ratio of 2.29. 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 earnings results on Thursday, January 15th. The investment management company reported $14.01 EPS for the quarter, topping the consensus estimate of $11.52 by $2.49. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business had revenue of $13.45 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same period in the previous year, the business earned $11.95 EPS. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. On average, equities 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 firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GS. Deutsche Bank Aktiengesellschaft raised their price objective on shares of The Goldman Sachs Group from $725.00 to $790.00 and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Barclays increased their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. HSBC set a $604.00 price objective on The Goldman Sachs Group in a research report on Wednesday, January 7th. BMO Capital Markets upped their target price on The Goldman Sachs Group from $785.00 to $980.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Finally, Argus boosted their price target on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $891.57.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Q4 EPS beat and record equities trading — Goldman reported Q4 EPS well above estimates and set a Wall Street record for equities‑trading revenue, driving upside to profits and supporting higher dividend/buyback capacity. MarketBeat: Goldman Sachs Soars on Q4 Post
• Positive Sentiment: Dividend increase and capital returns — Goldman raised its quarterly dividend to $4.50 (12.5% increase) and signaled buybacks, a clear shareholder‑friendly move that supports valuation and income investors. TipRanks: Dividend Raise
• Positive Sentiment: Strong investment‑banking backlog and 2026 outlook — Management flagged a heavier M&A/investment‑banking pipeline and expects IB revenue to grow, which could sustain earnings momentum if activity persists. MarketBeat: Investment Banking Outlook
• Neutral Sentiment: Exploring new revenue streams — Management said it is watching/tokenization, stablecoins (CLARITY Act) and is exploring prediction markets — long‑term optionality but not immediate revenue. Cointelegraph: CLARITY Act comments
• Neutral Sentiment: Alternatives activity — Goldman Sachs Alternatives participated in a continuation vehicle backing Ecowaste, showing continued private markets deal flow but limited near‑term impact on GS equity. Benzinga: Kinderhook/Ecowaste
• Negative Sentiment: Revenue miss and Apple Card accounting noise — Reported revenue was mixed/variance across sources; the Apple Card transition produced a large accounting impact that reduced revenue but boosted one‑time profit — creates comparability questions for investors. Reuters: Profit Rises; Apple Card note
• Negative Sentiment: Cash‑flow and Platform Solutions concerns — Third‑party reporting highlighted a sharp drop in operating cash flow and ongoing Platform Solutions exit costs/markdowns tied to the consumer portfolio, which could pressure near‑term fundamentals. QuiverQuant: Cash flow item
• Negative Sentiment: Analyst target shifts and valuation debate — Several firms raised price targets (Wells Fargo, KBW) but others trimmed or maintain more conservative views; commentary that the stock is “running hot” and a wide target range increases short‑term volatility risk. MarketScreener: Wells Fargo PT Street Insider: KBW PT

About The Goldman Sachs Group

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.