The Goldman Sachs Group (NYSE:GS) Insider Sells $8,893,893.39 in Stock

The Goldman Sachs Group, Inc. (NYSE:GS) insider Kathryn Ruemmler sold 9,589 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $927.51, for a total value of $8,893,893.39. Following the sale, the insider owned 18,533 shares of the company’s stock, valued at approximately $17,189,542.83. This represents a 34.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

The Goldman Sachs Group Trading Up 0.2%

NYSE:GS opened at $938.56 on Friday. The company has a market capitalization of $281.50 billion, a P/E ratio of 18.30, a P/E/G ratio of 1.15 and a beta of 1.33. The stock’s 50 day moving average price is $894.77 and its 200 day moving average price is $806.87. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.65 and a current ratio of 1.13. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $11.95 earnings per share. On average, research analysts forecast 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 announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 1.9%. This is an increase 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 dividend payout ratio is 31.20%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Bank of America sees upside to Goldman Sachs’ earnings into 2026, reinforcing expectations for continued operating leverage from investment banking and trading. This analyst view supports the rally in GS shares. Bank of America sees earnings upside at Goldman Sachs
• Positive Sentiment: Goldman’s strong Q4 results and upbeat investment-banking outlook, plus a higher quarterly dividend ($4.50 per share; ex-div date Mar 2), boost income and capital-return narratives that support valuation. Goldman Sachs Soars on Q4 Post, Strong Investment Banking Outlook
• Positive Sentiment: Recent analyst upgrades/target increases (Wells Fargo, Barclays and others) lift sentiment and provide near‑term buy-side support given GS’s discounted multiple vs. peers. MarketBeat GS analyst roundup
• Neutral Sentiment: Goldman is reportedly one of several banks involved in advisory talks as crypto custodian Copper considers an IPO — this highlights fee opportunities in digital-asset infrastructure but is early-stage and uncertain. Crypto custodian Copper weighs IPO — Cointelegraph
• Neutral Sentiment: Ongoing research flow (macro, metals, AI/semiconductor calls) keeps GS visible to institutional clients — supportive of fee-generating client activity but with mixed direct P&L impact. Goldman vs. Evercore — Zacks
• Negative Sentiment: Insider selling: CEO David Solomon and Treasurer Carey Halio (among others) disclosed stock sales last week, including sizable reductions by senior executives — a near-term negative for sentiment even though sales may be routine. David Solomon SEC Form 4
• Negative Sentiment: Additional insider/insider-sale coverage highlights multiple high-profile exits and sizeable position trims, which can pressure sentiment and lead some investors to trim exposure despite the company’s strong fundamentals. TipRanks: Insider selling roundup

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GS. Jefferies Financial Group raised their price objective on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Evercore ISI reissued an “outperform” rating on shares of The Goldman Sachs Group in a research report on Friday, January 16th. BNP Paribas Exane boosted their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Barclays upped their price objective 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. Finally, Dbs Bank lifted their target price on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $898.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in GS. Hartline Investment Corp raised its stake in The Goldman Sachs Group by 153.3% in the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after purchasing an additional 860 shares in the last quarter. Ignite Planners LLC bought a new position in The Goldman Sachs Group in the 2nd quarter valued at about $239,000. Bank of New York Mellon Corp raised its position in shares of The Goldman Sachs Group by 4.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock valued at $2,392,124,000 after buying an additional 157,473 shares in the last quarter. Wells Trecaso Financial Group LLC lifted its holdings in shares of The Goldman Sachs Group by 0.5% during the 2nd quarter. Wells Trecaso Financial Group LLC now owns 21,534 shares of the investment management company’s stock worth $15,240,000 after acquiring an additional 108 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC acquired a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth approximately $288,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

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.