Synovus Financial Corp Raises Stake in The Goldman Sachs Group, Inc. $GS

Synovus Financial Corp grew its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 7.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 21,637 shares of the investment management company’s stock after acquiring an additional 1,438 shares during the quarter. Synovus Financial Corp’s holdings in The Goldman Sachs Group were worth $17,239,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in GS. Harbor Capital Advisors Inc. purchased a new stake in The Goldman Sachs Group during the third quarter valued at about $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at about $28,000. Corundum Trust Company INC bought a new position in The Goldman Sachs Group during the 3rd quarter worth approximately $29,000. Clearstead Trust LLC purchased a new position in The Goldman Sachs Group in the 2nd quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC lifted its position in The Goldman Sachs Group by 100.0% in the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock valued at $32,000 after purchasing an additional 20 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Activity

In related news, CEO David M. Solomon sold 272 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $938.92, for a total value of $255,386.24. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John F.W. Rogers sold 2,704 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $960.99, for a total transaction of $2,598,516.96. Following the transaction, the executive vice president directly owned 9,428 shares of the company’s stock, valued at approximately $9,060,213.72. This trade represents a 22.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In 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 corporate insiders.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $934.23 on Thursday. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $984.70. The stock’s 50 day simple moving average is $921.63 and its two-hundred day simple moving average is $828.08. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.65 and a current ratio of 1.13. The stock has a market cap of $280.20 billion, a price-to-earnings ratio of 18.21, a PEG ratio of 1.12 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 15.19% and a net margin of 13.73%.The firm had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. During the same quarter in the prior year, the company earned $11.95 EPS. The business’s revenue was down 3.0% compared to the same quarter last year. As a group, analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be given 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 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s payout ratio is 31.20%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on GS shares. Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Autonomous Res dropped their price target 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. Daiwa Securities Group boosted their price objective on shares of The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Jefferies Financial Group increased 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. Finally, HSBC raised their target price on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $916.86.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman’s asset & wealth management arm reported durable growth — record fees, $14.9B revenue for 2025 and $3.61T in assets under management, supporting recurring-fee income and a steadier earnings base. Goldman’s Wealth Management Business Emerges as Durable Growth Engine
• Positive Sentiment: Goldman is lead underwriter on Robinhood’s $1B pre-IPO closed-end fund — a sizable deal that should boost investment-banking and underwriting fees and highlights Goldman’s role on large retail-focused mandates. Robinhood Launches $1B Pre-IPO Fund
• Positive Sentiment: Market snapshot pieces show GS shares trading higher than the broader market today, reflecting investor appetite for its fee-generating businesses and recent beats. Goldman Sachs (GS) Rises Higher Than Market
• Neutral Sentiment: CEO David Solomon reiterated support for a “rule‑based” U.S. crypto framework and said he personally owns Bitcoin — signals that Goldman will continue to deepen crypto services for institutional clients, but also ties the firm to a volatile asset class. Solomon calls rule-based system for crypto ‘very, very important’
• Neutral Sentiment: Goldman’s research/coverage activity continues to influence markets (e.g., initiating coverage on LG Electronics India, analyst price-target moves and sector research like rare-earths or EV/battery picks) — these bolster fee and advisory pipelines but are not immediate earnings drivers. Goldman Sachs initiates coverage on LG Electronics India
• Negative Sentiment: Goldman plans to remove race, gender identity and sexual orientation criteria from board-candidate screening — widely reported by the NYT, Fortune and WSJ. The move raises reputational and governance concerns, could draw political scrutiny and potentially unsettle ESG-focused institutional investors. Goldman Sachs to Drop D.E.I. Criteria for Board Members
• Negative Sentiment: Royal Bank of Canada hired Goldman equities trader Noel Reyes to lead equity-algorithm product innovation — a direct talent loss in trading/execution that could modestly weaken Goldman’s equities execution bench over time. RBC Hires Goldman Trader Noel Reyes

The Goldman Sachs Group Company 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.