LGT Group Foundation Has $26.36 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

LGT Group Foundation increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 156.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,552 shares of the investment management company’s stock after acquiring an additional 20,464 shares during the period. LGT Group Foundation’s holdings in The Goldman Sachs Group were worth $26,355,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Fisher Asset Management LLC lifted its stake in The Goldman Sachs Group by 1.9% during the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock worth $5,304,824,000 after purchasing an additional 121,676 shares during the period. Norges Bank bought a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at approximately $2,138,031,000. Ameriprise Financial Inc. grew its stake in shares of 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 purchasing an additional 291,280 shares during the period. Franklin Resources Inc. raised its holdings in shares of The Goldman Sachs Group by 2.8% in the 2nd quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock worth $1,285,032,000 after buying an additional 48,835 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of The Goldman Sachs Group by 14.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,710,516 shares of the investment management company’s stock worth $1,210,618,000 after buying an additional 215,230 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

GS has been the topic of several recent analyst reports. Barclays boosted their price target on 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. Jefferies Financial Group increased 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 note on Tuesday, January 6th. HSBC boosted their target price on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. JPMorgan Chase & Co. upped their target price on shares of The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, Autonomous Res dropped their target price on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus price target of $916.86.

The Goldman Sachs Group Trading Down 1.7%

Shares of GS opened at $820.95 on Monday. The stock has a fifty day moving average price of $918.59 and a two-hundred day moving average price of $841.78. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. 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 market cap of $243.62 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 1.01 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS) last announced 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 Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The company had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter in the prior year, the business earned $11.95 earnings per share. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. 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 given a dividend of $4.50 per share. This is a positive change 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 yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

More 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 Activity

In other news, EVP John F.W. Rogers sold 13,151 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the transaction, the executive vice president directly owned 39,007 shares in the company, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David M. Solomon sold 272 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $938.92, for a total transaction of $255,386.24. Following the sale, the chief executive officer directly owned 125,527 shares in the company, valued at $117,859,810.84. This trade represents a 0.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is currently owned by insiders.

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.