Handelsbanken Fonder AB Sells 1,811 Shares of The Goldman Sachs Group, Inc. $GS

Handelsbanken Fonder AB trimmed its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 115,456 shares of the investment management company’s stock after selling 1,811 shares during the period. Handelsbanken Fonder AB’s holdings in The Goldman Sachs Group were worth $91,943,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GS. Gilliland Jeter Wealth Management LLC lifted its position in The Goldman Sachs Group by 3.5% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock valued at $309,000 after acquiring an additional 13 shares in the last quarter. EWA LLC raised its stake in shares of The Goldman Sachs Group by 2.2% in the third quarter. EWA LLC now owns 612 shares of the investment management company’s stock worth $488,000 after purchasing an additional 13 shares during the last quarter. Carrera Capital Advisors raised its stake in shares of The Goldman Sachs Group by 3.5% in the third quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock worth $306,000 after purchasing an additional 13 shares during the last quarter. Centerpoint Advisors LLC lifted its holdings in shares of The Goldman Sachs Group by 1.5% in the third quarter. Centerpoint Advisors LLC now owns 863 shares of the investment management company’s stock valued at $687,000 after purchasing an additional 13 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its position in shares of The Goldman Sachs Group by 0.9% during the third quarter. Cassaday & Co Wealth Management LLC now owns 1,488 shares of the investment management company’s stock valued at $1,185,000 after buying an additional 13 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on GS. Weiss Ratings reissued a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Autonomous Res lowered 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 report on Thursday, January 15th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. HSBC upped their price objective on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research report on Friday, February 6th. Finally, Daiwa Securities Group lifted their target price on shares of The Goldman Sachs Group from $927.00 to $940.00 and gave the stock a “neutral” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average target price of $916.86.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $928.87 on Friday. 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 firm has a market cap of $278.60 billion, a price-to-earnings ratio of 18.11, a P/E/G ratio of 1.13 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The firm’s 50-day simple moving average is $924.95 and its two-hundred day simple moving average is $835.31.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly 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 net margin of 13.73% and a return on equity of 15.19%. The company had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. During the same quarter last year, the business posted $11.95 EPS. The Goldman Sachs Group’s quarterly revenue was down 3.0% compared to the same quarter last year. As a group, equities 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 company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is presently 31.20%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Q4 2025 results showed earnings strength: EPS and net income rose year-over-year and GS beat consensus on EPS and revenue, supporting investor confidence in profitability and targets from bullish analysts. QuiverQuant: Q4 2025 Earnings
• Positive Sentiment: Analyst coverage remains constructive overall—several firms maintain Overweight/Outperform ratings and high price targets (multiple targets above $1,000), which can support momentum and valuation expectations. Barchart: GS vs. peers
• Positive Sentiment: Research flow and macro views from Goldman analysts (e.g., commentary on oil risk premia and bullish gold forecasts) reinforce GS’s position as a go‑to macro research house, which can boost trading and advisory franchise credibility. Seeking Alpha: U.S.-Iran tensions & oil premium
• Neutral Sentiment: Goldman Sachs-led investor meetings in Asia (e.g., Yes Bank participation) show continuing deal‑and-coverage activity in the region; useful for franchise growth but not an immediate stock catalyst. TipRanks: Yes Bank update
• Neutral Sentiment: Goldman analysts’ routine rating actions on other companies (Segro, Iberdrola, UWM, etc.) underline active research but have limited direct impact on GS’s fundamentals. TipRanks: Segro rating
• Negative Sentiment: Operating cash flow deteriorated sharply in Q4 and the firm reported a large drop in cash from operations, which raises short‑term liquidity and earnings-quality questions despite rising EPS. QuiverQuant: Cash flow details
• Negative Sentiment: Large insider sales reported across senior executives (multiple sales in Q4) create a perceived governance/conviction concern for some investors. QuiverQuant: Insider trading
• Negative Sentiment: Reputational scrutiny: a recent Forbes piece critiques Goldman’s DEI efforts, which could weigh on sentiment among ESG‑focused investors and clients. Forbes: DEI critique

Insider Activity

In other news, Director David A. Viniar sold 45,000 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the transaction, the director owned 555,000 shares in the company, valued at approximately $535,758,150. This represents a 7.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Sheara J. Fredman sold 4,863 shares of The Goldman Sachs Group stock in a transaction dated 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 directly owned 10,301 shares of the company’s stock, valued at approximately $9,515,548.75. This trade represents a 32.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by company insiders.

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.