Mutual of America Capital Management LLC Trims Holdings in The Goldman Sachs Group, Inc. $GS

Mutual of America Capital Management LLC lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 6.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,945 shares of the investment management company’s stock after selling 2,466 shares during the period. Mutual of America Capital Management LLC’s holdings in The Goldman Sachs Group were worth $27,828,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GS. Liberty Wealth Management LLC increased its position in shares of The Goldman Sachs Group by 3.2% during the third quarter. Liberty Wealth Management LLC now owns 1,015 shares of the investment management company’s stock worth $808,000 after acquiring an additional 31 shares during the period. Commerzbank Aktiengesellschaft FI increased its holdings in The Goldman Sachs Group by 10.4% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 60,817 shares of the investment management company’s stock worth $48,432,000 after purchasing an additional 5,705 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position in The Goldman Sachs Group by 1.9% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 46,786 shares of the investment management company’s stock valued at $36,960,000 after purchasing an additional 892 shares in the last quarter. Whittier Trust Co. lifted its holdings in shares of The Goldman Sachs Group by 2.0% in the 3rd quarter. Whittier Trust Co. now owns 100,905 shares of the investment management company’s stock worth $79,713,000 after buying an additional 1,976 shares during the period. Finally, Sawgrass Asset Management LLC raised its holdings in shares of The Goldman Sachs Group by 2.5% in the third quarter. Sawgrass Asset Management LLC now owns 3,917 shares of the investment management company’s stock valued at $3,119,000 after acquiring an additional 97 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Board raised the quarterly dividend 12.5% to $4.50 per share, which supports income-focused investor demand and signals confidence in capital generation. Goldman Sachs Just Hiked Its Dividend 12.5%. Should You Buy GS Stock Now?
• Positive Sentiment: Goldman is working on underwriting/Advisory mandates and growth equity deals (e.g., leading Cubby’s $63M round and named as an underwriter on Ledger’s planned $4B IPO) — indicators of sustained investment-banking and alternatives fee flow. Exclusive: Cubby raises $63 million in Goldman Sachs-led funding
• Positive Sentiment: Analyst/outlook support: a reported price-target raise to $985 signals bullish expectations from at least one coverage source and can lift sentiment among momentum investors. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $985.00
• Neutral Sentiment: Goldman published research raising its 2026 gold forecast to $5,400/oz — positive for commodities desks and research credibility, but indirect for GS equity performance. Gold hovers near record highs as Goldman Sachs lifts year-end forecast to $5,400
• Neutral Sentiment: Goldman disclosed a 2.92% voting interest in Qiagen (QGEN) under Dutch rules — a notable investment position that could lead to engagement but not an immediate impact on GS’s stock. Goldman Sachs Discloses 2.92% Voting Interest in QIAGEN
• Neutral Sentiment: Ongoing research and market calls (upgrades on names like Spotify, Novo Nordisk) keep Goldman visible in capital markets, but these items mostly reflect franchise strength rather than immediate EPS impact. Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
• Negative Sentiment: CEO David Solomon’s 2025 pay rose ~20% to $47M — a headline that can draw governance scrutiny and short-term investor pushback despite being linked to strong performance. Goldman Sachs CEO David Solomon gets over 20% pay boost in 2025
• Negative Sentiment: Insider selling: a director disposed of sizable GS holdings (reported ~$65M in sales), which can be read negatively by some investors even though insiders still hold material positions. Goldman Sachs (GS) Director Dumps $65M in Stock. Should Investors Worry?

The Goldman Sachs Group Price Performance

NYSE GS opened at $919.82 on Monday. The company has a market cap of $275.88 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 1.13 and a beta of 1.33. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65. The stock’s fifty day moving average price is $882.31 and its 200 day moving average price is $801.88. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating 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 business had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the previous year, the business earned $11.95 EPS. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. As a group, equities research 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 firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a $4.50 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio is currently 31.20%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Daiwa Capital Markets boosted their price target on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a report on Tuesday, January 6th. UBS Group lifted their price objective on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Citigroup upped their target price on The Goldman Sachs Group from $700.00 to $765.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Royal Bank Of Canada lifted their price target on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a report on Tuesday, January 20th. Finally, Autonomous Res decreased their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $898.00.

Insiders Place Their Bets

In other The Goldman Sachs Group news, Director David A. Viniar sold 19,796 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $964.27, for a total transaction of $19,088,688.92. Following the completion of the transaction, the director owned 103,390 shares in the company, valued at approximately $99,695,875.30. This trade represents a 16.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 68,186 shares of company stock worth $65,820,670. 0.55% of the stock is currently owned by company 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.