Vestcor Inc Raises Stock Holdings in The Goldman Sachs Group, Inc. $GS

Vestcor Inc grew its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 28.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,118 shares of the investment management company’s stock after buying an additional 1,789 shares during the period. Vestcor Inc’s holdings in The Goldman Sachs Group were worth $6,465,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. LGT Group Foundation grew its holdings in The Goldman Sachs Group by 156.4% in the third quarter. LGT Group Foundation now owns 33,552 shares of the investment management company’s stock worth $26,355,000 after purchasing an additional 20,464 shares during the period. Russell Investments Group Ltd. increased its stake in shares of The Goldman Sachs Group by 8.8% during the third quarter. Russell Investments Group Ltd. now owns 170,033 shares of the investment management company’s stock valued at $135,526,000 after purchasing an additional 13,725 shares in the last quarter. Inceptionr LLC purchased a new position in shares of The Goldman Sachs Group during the third quarter valued at approximately $789,000. Gerber Kawasaki Wealth & Investment Management boosted its position in shares of The Goldman Sachs Group by 4.9% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 669 shares of the investment management company’s stock worth $533,000 after purchasing an additional 31 shares in the last quarter. Finally, Orca Wealth Management LLC purchased a new position in The Goldman Sachs Group during the third quarter valued at $207,000. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 1.3%

The Goldman Sachs Group stock opened at $832.42 on Tuesday. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The stock has a fifty day moving average of $917.40 and a 200 day moving average of $842.60. 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 stock has a market cap of $247.02 billion, a PE ratio of 16.23, a price-to-earnings-growth 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 earnings per share (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 business had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same period last year, the firm posted $11.95 earnings per share. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. As a group, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm 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 is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

Insiders Place Their Bets

In other news, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction 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 owned 39,007 shares in the company, valued at $37,408,883.21. This trade represents a 25.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Sheara J. Fredman sold 4,863 shares of the company’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total value of $4,492,196.25. Following the completion of the sale, the chief accounting officer owned 10,301 shares of the company’s stock, valued at $9,515,548.75. This trade represents a 32.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 117,283 shares of company stock valued at $112,016,033. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: UBS raised its price target on GS, citing a stronger capital markets outlook — a signal to investors that analysts expect continued fee and underwriting strength. Article Title
• Positive Sentiment: Goldman is pitching a new product to hedge funds letting them take long or short positions on corporate loans, which could grow trading flow and fee opportunities in credit markets. Article Title
• Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance and compliance offerings — a strategic move to boost fee-bearing private markets and services revenue tied to AI oversight demand. Article Title
• Positive Sentiment: Goldman is positioned on IPO pipeline activity (e.g., Nscale funding and pre-IPO work), suggesting potential future underwriting and advisory fees. Article Title
• Neutral Sentiment: Goldman research and market notes (on momentum trades, ETF flows and oil) are guiding client positioning but are informational rather than immediate revenue drivers. Article Title
• Neutral Sentiment: Goldman commentary on oil and commodities highlights volatility and longer-term scenarios for energy prices — relevant for trading desks but not a direct corporate-credit event. Article Title
• Neutral Sentiment: Regulatory transparency filings show Goldman holdings in Ontex; routine disclosure that has limited market impact. Article Title
• Negative Sentiment: Goldman-led lenders are bracing for losses on debt tied to Arclin after demand cooled — a credit loss scenario that could pressure provisions or mark-to-market results for underwriting/loan exposures. Article Title
• Negative Sentiment: Broader market moves — bond sell-offs on inflation fears and rising ETF short activity — raise trading volatility that can both help or hurt GS trading revenues; the immediate read is higher risk to near-term results. Article Title

Analysts Set New Price Targets

GS has been the topic of a number of recent research reports. Bank of America increased their target price on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Jefferies Financial Group lifted their target price on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Barclays increased their price target on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Finally, HSBC upped their price objective on The Goldman Sachs Group from $742.00 to $802.00 in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $916.86.

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.