The Goldman Sachs Group, Inc. $GS Shares Sold by Parkside Investments LLC

Parkside Investments LLC lowered its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 5.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 14,861 shares of the investment management company’s stock after selling 803 shares during the quarter. The Goldman Sachs Group comprises 1.5% of Parkside Investments LLC’s investment portfolio, making the stock its 17th biggest holding. Parkside Investments LLC’s holdings in The Goldman Sachs Group were worth $11,834,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Gilliland Jeter Wealth Management LLC raised its holdings in The Goldman Sachs Group by 3.5% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock worth $309,000 after purchasing an additional 13 shares in the last quarter. EWA LLC grew its position in shares of The Goldman Sachs Group by 2.2% in the 3rd quarter. EWA LLC now owns 612 shares of the investment management company’s stock valued at $488,000 after buying an additional 13 shares during the last quarter. Carrera Capital Advisors raised its stake in The Goldman Sachs Group by 3.5% during the 3rd quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock worth $306,000 after acquiring an additional 13 shares in the last quarter. Centerpoint Advisors LLC lifted its position in The Goldman Sachs Group by 1.5% in the third quarter. Centerpoint Advisors LLC now owns 863 shares of the investment management company’s stock valued at $687,000 after acquiring an additional 13 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its position in The Goldman Sachs Group by 0.9% in the third quarter. Cassaday & Co Wealth Management LLC now owns 1,488 shares of the investment management company’s stock valued at $1,185,000 after acquiring an additional 13 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman is named as an advisor/underwriter on a potential RedotPay US IPO, which could generate meaningful investment-banking fees if it proceeds. RedotPay weighs US IPO that could raise $1B at over $4B valuation: Report
• Positive Sentiment: Goldman’s research/coverage activity continues to feed its advisory and trading pipelines — e.g., initiating coverage of Credo Technology (CRDO) with a Buy — supporting recurring research and IB revenue. Goldman Sachs Initiates Coverage of Credo Technology Group Holding Ltd (CRDO) Stock
• Neutral Sentiment: Goldman revised oil price forecasts higher for 2026/Q4 on lower OECD stocks — a research call that influences markets and trading flows but is not a direct firm financial event. Oil Prices Rise Ahead of U.S.-Iran Talks. Goldman Sachs Lifts 2026 Forecast.
• Neutral Sentiment: Goldman publicly flagged that equity-market risk is the biggest near-term risk to the US economy — a macro view that can heighten volatility in GS trading and prime services revenue but doesn’t directly change fundamentals. Goldman Sachs Dividend Stocks: Top 14 Stock Picks
• Neutral Sentiment: Goldman removed formal DEI criteria from its board director selection policy — a governance shift aligning with peers; investors will watch market/ESG community reaction but immediate financial impact is limited. Goldman Sachs Governance Shift Drops DEI Criteria As Valuation Stays Premium
• Negative Sentiment: A U.S. senator sold GS stock after a strong prior gain — an SEC filing that can attract negative investor attention and short-term sentiment pressure. Senator Ditches Goldman Sachs Stock After 55% Gain In 2025: What Investors Should Know
• Negative Sentiment: Goldman’s CEO (and the NYSE president) attended a Trump‑backed crypto event — a move that drew media attention and could present reputational risk for some clients or stakeholders. Goldman CEO, NYSE President Attend Trump-Backed World Liberty Crypto Event

Insiders Place Their Bets

In other news, CFO Denis P. Coleman sold 11,623 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the transaction, the chief financial officer directly owned 29,342 shares in the company, valued at $27,627,546.94. The trade was a 28.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Treasurer Carey Halio sold 2,846 shares of the stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the transaction, the treasurer directly owned 2,017 shares of the company’s stock, valued at $1,870,101.89. This represents a 58.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 117,283 shares of company stock valued at $112,016,033. Corporate insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

GS has been the topic of a number of research analyst reports. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Argus lifted their price target on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. UBS Group reiterated a “neutral” rating and issued a $990.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, February 4th. BMO Capital Markets raised their target price on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 20th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $916.86.

The Goldman Sachs Group Trading Up 1.1%

Shares of GS stock opened at $902.33 on Wednesday. The company has a market capitalization of $270.64 billion, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 1.10 and a beta of 1.34. 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 business’s 50 day moving average is $922.91 and its two-hundred day moving average is $834.04. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $984.70.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The firm had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same period last year, the company earned $11.95 earnings per share. The company’s revenue for the quarter was down 3.0% on a year-over-year basis. Equities analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be paid a $4.50 dividend. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 31.20%.

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.