Pitcairn Co. Sells 861 Shares of The Goldman Sachs Group, Inc. $GS

Pitcairn Co. cut its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 29.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,021 shares of the investment management company’s stock after selling 861 shares during the quarter. Pitcairn Co.’s holdings in The Goldman Sachs Group were worth $1,609,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of GS. Gilliland Jeter Wealth Management LLC boosted its stake in The Goldman Sachs Group by 3.5% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock worth $309,000 after buying an additional 13 shares in the last quarter. EWA LLC grew its position in The Goldman Sachs Group by 2.2% during the third quarter. EWA LLC now owns 612 shares of the investment management company’s stock valued at $488,000 after acquiring an additional 13 shares during the last quarter. Carrera Capital Advisors raised its stake in shares of The Goldman Sachs Group by 3.5% during the third 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 holdings in shares of The Goldman Sachs Group by 1.5% in the 3rd quarter. Centerpoint Advisors LLC now owns 863 shares of the investment management company’s stock worth $687,000 after acquiring an additional 13 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in shares of The Goldman Sachs Group by 0.9% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 1,488 shares of the investment management company’s stock worth $1,185,000 after acquiring an additional 13 shares during the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Rothschild & Co Redburn increased their target price on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Royal Bank Of Canada upped their price target on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 20th. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Wells Fargo & Company increased their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Finally, Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $916.86.

The Goldman Sachs Group Stock Down 1.7%

NYSE GS opened at $820.95 on Friday. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The stock has a market capitalization of $243.62 billion, a PE ratio of 16.01, a PEG ratio of 1.03 and a beta of 1.34. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66. The business’s 50-day moving average is $918.59 and its 200 day moving average is $840.10.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data 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 15.72% and a net margin of 13.73%.The business had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter last year, the business posted $11.95 EPS. The business’s revenue was down 3.0% on a year-over-year basis. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current 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 issued a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 2.2%. 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 (DPR) is presently 35.09%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman’s research team warned oil could surge above the 2008 peak if the Strait of Hormuz remains closed — a view being widely cited by markets. A sharp commodities move usually boosts trading and FICC revenue for large banks like Goldman, and underscores the firm’s influential market research. Oil hits highest level since 2023 as Iran war triggers historic surge
• Positive Sentiment: Goldman Sachs Alternatives led a $65M Series C in Sage (senior-care tech) — another visible private-equity/growth investment that supports fee income and demonstrates continued dealflow in Alternatives. That helps diversify revenue beyond trading and investment banking. Sage Raises $65M Series C Led By Goldman Sachs Alternatives
• Positive Sentiment: Goldman Alternatives completed/participated in other PE investments (Mace Consult, Schellman), signaling active private markets deployment and potential management fees/carry down the road. These deals support the firm’s strategic push into Alternatives. Mace Consult Launches as a Standalone Company
• Neutral Sentiment: Analysts’ consensus on GS remains around a “Hold” and the stock is drawing investor attention — no immediate downgrade wave but mixed sentiment persists. GS Given Average Recommendation of “Hold” by Brokerages
• Neutral Sentiment: Goldman strategists and research notes (eg. buy dips on Iran/AI themes) are shaping market positioning — useful for investor guidance but not an immediate earnings driver. Goldman Strategists Say Buy Any Stocks Dip From Iran and AI
• Negative Sentiment: High-profile warnings about private credit (Lloyd Blankfein) and comments from CEO David Solomon flag “frothiness” and hidden risks in private credit — a sector where Goldman has significant exposure via Alternatives and lending businesses. That concern can pressure the stock due to potential mark-to-market, diligence costs or increased capital requirements. Something on Wall Street ‘Smells Like’ 2008, Says Former Goldman Sachs Chief
• Negative Sentiment: Legal/reputational headline risk: reporting shows Goldman’s top lawyer is expected to testify in connection with DOJ document releases tied to Epstein — this creates headline uncertainty and could weigh on sentiment even if it does not produce direct financial exposure. Epstein files: DOJ plans to release new batch of documents

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Kathryn H. Ruemmler sold 9,589 shares of the business’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the transaction, the insider owned 18,533 shares in the company, valued at $17,189,542.83. The trade was a 34.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the sale, the executive vice president owned 39,007 shares of the company’s stock, valued at $37,408,883.21. This trade represents a 25.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by corporate insiders.

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.