The Goldman Sachs Group, Inc. $GS Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 8.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 383,012 shares of the investment management company’s stock after selling 33,700 shares during the period. New York State Common Retirement Fund’s holdings in The Goldman Sachs Group were worth $305,012,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. lifted its stake in The Goldman Sachs Group by 37.3% in the third quarter. TD Waterhouse Canada Inc. now owns 73,869 shares of the investment management company’s stock valued at $58,105,000 after buying an additional 20,051 shares during the last quarter. Crumly & Associates Inc. increased its holdings in shares of The Goldman Sachs Group by 2.2% in the 3rd quarter. Crumly & Associates Inc. now owns 1,512 shares of the investment management company’s stock valued at $1,204,000 after acquiring an additional 33 shares during the period. Traynor Capital Management Inc. boosted its stake in The Goldman Sachs Group by 170.5% during the 3rd quarter. Traynor Capital Management Inc. now owns 2,337 shares of the investment management company’s stock worth $1,861,000 after purchasing an additional 1,473 shares during the period. AustralianSuper Pty Ltd purchased a new position in The Goldman Sachs Group during the 3rd quarter worth $136,454,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of The Goldman Sachs Group by 23.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,400 shares of the investment management company’s stock worth $52,878,000 after acquiring an additional 12,723 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 raised its quarterly dividend to $4.50 (annualized $18.00), a sign of confidence in capital generation and shareholder returns — this supports valuation and income-seeking flows. Goldman Sachs Soars on Q4 Post, Strong Investment Banking Outlook
• Positive Sentiment: Goldman promoted seven partners into its top leadership group, signaling deeper management capacity to drive growth across investment banking, markets and asset/wealth management. Goldman Sachs Adds Seven Partners to Top Leadership Group
• Positive Sentiment: RBC Capital reiterated franchise strength, calling GS a “preeminent global investment bank,” which supports analyst sentiment and helps justify higher target prices. RBC Capital—Preeminent Global Investment Bank
• Positive Sentiment: Goldman’s BDC priced a $400M notes offering, reflecting funding access for its credit unit and potential deployment into yield-producing assets. GS BDC Prices $400M Notes Offering
• Neutral Sentiment: Goldman research and bench in AI/semiconductors remain highly visible (top picks, spending forecasts), supporting future M&A and trading flow potential but with indirect near-term earnings impact. Goldman Sachs Semiconductor Stocks: Top 12 Picks 10 AI Stocks in Focus on Wall Street
• Neutral Sentiment: Macro & commodities research (gold and silver outlooks; investor risk appetite commentary) highlights franchise expertise and can drive trading revenue seasonally, but effects are uneven. Why Gold Prices Are Rising — Goldman Sachs View
• Neutral Sentiment: Competitive dynamics: JPMorgan is pushing its M&A bankers to close the gap with Goldman, underscoring an active competitive landscape in advisory fees and market share. JPMorgan Tells Its M&A Bankers to Do More to Close the Goldman Gap
• Neutral Sentiment: Goldman’s analysts provided neutral/in-line coverage on names like RTX (helps clients but limited direct impact on GS shares). RTX Beats Q4—Goldman Note
• Negative Sentiment: Significant insider selling: multiple senior executives (including the treasurer, CAO and other high‑profile insiders) disclosed large share sales last week — a near‑term negative for sentiment and could increase supply pressure. Top Goldman Sachs Insiders Quietly Cash Out Example SEC Form 4
• Negative Sentiment: Staff departure: Goldman’s head of precious‑metals trading, Benjamin Binet‑Laisne, left to join Mercuria — loss of trading leadership could affect that desk’s performance and client relationships. Goldman’s Former Head of Precious Metals Set to Join Mercuria

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods raised their price objective on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research note on Friday, January 16th. Dbs Bank raised their price target on The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Citigroup upped their price objective on The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Jefferies Financial Group lifted their price objective on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Wells Fargo & Company raised their target price on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group has an average rating of “Hold” and a consensus target price of $898.00.

The Goldman Sachs Group Trading Up 0.7%

NYSE GS opened at $936.69 on Thursday. The company’s fifty day simple moving average is $891.48 and its 200-day simple moving average is $805.95. The stock has a market cap of $280.94 billion, a P/E ratio of 18.26, a PEG ratio of 1.14 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. 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 (NYSE:GS) last posted its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating 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 15.19%. The company had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same period in the prior year, the company posted $11.95 EPS. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. Equities research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is presently 31.20%.

Insider Activity at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 4,863 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $923.75, for a total value of $4,492,196.25. Following the completion of the sale, the chief accounting officer directly owned 10,301 shares of the company’s stock, valued at $9,515,548.75. The trade was a 32.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the 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 transaction, the insider directly owned 18,533 shares in the company, valued at approximately $17,189,542.83. This represents a 34.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 84,395 shares of company stock valued at $80,824,289. Insiders own 0.55% of the company’s stock.

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.