Pinnacle Wealth Management LLC Makes New $1.81 Million Investment in The Goldman Sachs Group, Inc. $GS

Pinnacle Wealth Management LLC acquired a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 2,274 shares of the investment management company’s stock, valued at approximately $1,811,000. The Goldman Sachs Group makes up about 1.2% of Pinnacle Wealth Management LLC’s portfolio, making the stock its 29th biggest position.

Several other institutional investors have also recently made changes to their positions in GS. Citizens Business Bank boosted its position in shares of The Goldman Sachs Group by 0.4% during the third quarter. Citizens Business Bank now owns 11,083 shares of the investment management company’s stock valued at $8,826,000 after purchasing an additional 45 shares in the last quarter. AlphaCore Capital LLC raised its holdings in The Goldman Sachs Group by 35.2% in the third quarter. AlphaCore Capital LLC now owns 1,676 shares of the investment management company’s stock worth $1,334,000 after purchasing an additional 436 shares in the last quarter. Sumitomo Life Insurance Co. boosted its holdings in shares of The Goldman Sachs Group by 0.3% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 19,042 shares of the investment management company’s stock valued at $15,164,000 after buying an additional 56 shares in the last quarter. K.J. Harrison & Partners Inc grew its position in shares of The Goldman Sachs Group by 12.0% in the 3rd quarter. K.J. Harrison & Partners Inc now owns 9,231 shares of the investment management company’s stock worth $7,194,000 after buying an additional 992 shares during the period. Finally, Westfield Capital Management Co. LP bought a new position in shares of The Goldman Sachs Group in the 3rd quarter worth about $5,676,000. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Up 2.2%

The Goldman Sachs Group stock opened at $921.93 on Thursday. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The business’s fifty day moving average is $923.91 and its 200 day moving average is $834.66. The stock has a market capitalization of $276.52 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 1.11 and a beta of 1.34. 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 Goldman Sachs Group (NYSE:GS) last posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.03. The business had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $11.95 EPS. On average, 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 business also recently disclosed 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 represents a $18.00 dividend on an annualized basis and a yield of 2.0%. 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. The Goldman Sachs Group’s payout ratio is currently 31.20%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. Keefe, Bruyette & Woods lifted their target price on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a report on Friday, January 16th. BMO Capital Markets upped their price target on The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 20th. Barclays raised their price objective on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Finally, Jefferies Financial Group boosted their target price on 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. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $916.86.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman’s prime brokerage flagged a rebound in U.S. software stocks, a development that could lift trading volumes and prime-brokerage revenue for GS as clients rotate back into software names. US software stocks to keep rebounding, says Goldman Sachs prime brokerage note
• Positive Sentiment: Q4 2025 showed mixed financials but a clear EPS beat and higher net income year-over-year — earnings per share grew and operating profit improved, supporting the stock’s upside on better profitability metrics. Goldman Sachs Q4 2025 earnings summary
• Positive Sentiment: Retail banking/product signals: updated Marcus reviews highlight competitive savings/CD products that can help deposit growth and diversify funding — a constructive message for GS’s consumer franchise. Marcus by Goldman Sachs review (2026)
• Neutral Sentiment: Goldman Sachs continues to run investor/analyst meetings in Asia and arrange roadshows (e.g., Gland Pharma, Yes Bank mentions), underscoring ongoing investment-banking and capital-markets activity but with no immediate revenue figure tied to the news. Gland Pharma investor meet arranged by Goldman Sachs
• Neutral Sentiment: Market/sector backdrop: financial stocks were broadly stronger in late trading, which tends to lift large diversified banks like GS alongside peer performance. Sector Update: Financial Stocks Higher Late Afternoon
• Negative Sentiment: Operating cash flow plunged sharply in Q4 (large negative operating cash from activities), raising short-term liquidity/cash-management questions despite earnings strength. Goldman Sachs Q4 cash flow concerns
• Negative Sentiment: Insider selling activity remains notable (multiple recent insider sales and a senator’s sale reported), which can weigh on sentiment even if sales are routine or for non-firm reasons. Senator sells Goldman Sachs shares after 2025 gains
• Neutral Sentiment: CEO David Solomon disclosed a small personal Bitcoin holding — a headline for governance/crypto-exposure narrative but unlikely to move fundamentals materially. Goldman Sachs CEO admits owning Bitcoin

Insider Buying and Selling

In related news, Treasurer Carey Halio sold 2,846 shares of The Goldman Sachs Group stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the sale, the treasurer owned 2,017 shares of the company’s stock, valued at $1,870,101.89. The trade was a 58.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John F.W. Rogers sold 13,151 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,283 shares of company stock valued at $112,016,033 in the last ninety days. Corporate insiders own 0.55% of the company’s stock.

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.