Livforsakringsbolaget Skandia Omsesidigt Purchases 1,000 Shares of The Goldman Sachs Group, Inc. $GS

Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 2.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 40,356 shares of the investment management company’s stock after buying an additional 1,000 shares during the quarter. The Goldman Sachs Group accounts for 1.3% of Livforsakringsbolaget Skandia Omsesidigt’s investment portfolio, making the stock its 10th biggest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in The Goldman Sachs Group were worth $32,128,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new position in shares of The Goldman Sachs Group during the 3rd quarter worth about $26,000. First PREMIER Bank acquired a new stake in The Goldman Sachs Group in the 3rd quarter valued at about $28,000. Corundum Trust Company INC acquired a new stake in The Goldman Sachs Group in the 3rd quarter valued at about $29,000. Elevation Wealth Partners LLC grew its holdings in The Goldman Sachs Group by 100.0% during the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after purchasing an additional 20 shares during the period. Finally, Graney & King LLC grew its holdings in The Goldman Sachs Group by 51.5% during the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

  • Positive Sentiment: Goldman doubled down on a very bullish S&P 500 call (S&P 7,600 by end-2026), reinforcing its role as a market-leading research shop and supporting potential advisory/trading flows if the call gains investor traction. Goldman Sachs doubles down on bold S&P 500 forecast
  • Positive Sentiment: Goldman Sachs Asset Management is targeting a $13B raise for a junior-debt fund, signaling fee-income growth in AM that can help diversify revenue away from cyclical IB trading. Goldman Sachs AM Targets $13 Billion
  • Positive Sentiment: Goldman is among banks advising Reliance on the Jio IPO — a large potential mandate that could generate significant underwriting and advisory fees if the deal proceeds. Reliance said to work with six banks for Jio’s upcoming IPO
  • Positive Sentiment: Goldman’s research is promoting energy picks with double-digit upside and dividends — favorable for trading commissions and asset-management inflows into energy strategies amid the oil shock. Goldman Sachs Top Energy Picks
  • Neutral Sentiment: GS is aggressively expanding private credit (targeting a ~$300B portfolio by 2029) — a major growth opportunity for fee and interest income but one that increases balance-sheet credit exposure. Goldman’s Expansion in Private Credit
  • Neutral Sentiment: Nomura hired ex-Goldman Connolly to boost derivatives sales — a modest talent loss but not material to Goldman’s overall scale; watch for any compounding talent departures. Nomura Hires Ex-Goldman’s Connolly
  • Negative Sentiment: Goldman reports and market data show hedge funds are aggressively shorting financials — a headwind for GS equity performance and sentiment in the near term. Hedge funds ‘aggressively’ short financial stocks
  • Negative Sentiment: An ex-Goldman CEO warned about private-credit risks possibly becoming the next financial stress point — a reputational and risk-management flag given GS’s private-credit build-out. Ex-Goldman CEO Sounds Alarm on Private Credit
  • Negative Sentiment: Goldman’s own research warns the Middle East shock is concentrating pain in refined fuels (diesel, jet fuel) and rising fuel-oil prices and crack spreads lift inflation/PCE forecasts — macro pressure that can hurt risk assets and trading volatility patterns. Diesel Above $5 For The First Time Since 2022 Global Fuel Oil Prices Surge

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Keefe, Bruyette & Woods upped their price objective on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a research note on Friday, January 16th. Royal Bank Of Canada lifted their target price on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 20th. HSBC boosted their target price on The Goldman Sachs Group from $742.00 to $802.00 in a report on Friday, February 6th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Finally, BNP Paribas Exane lifted their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $919.29.

Read Our Latest Stock Report on The Goldman Sachs Group

The Goldman Sachs Group Stock Performance

GS opened at $807.28 on Wednesday. The business has a fifty day simple moving average of $904.79 and a 200 day simple moving average of $845.08. The company has a market capitalization of $239.56 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 0.97 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 1 year low of $439.38 and a 1 year high of $984.70. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share 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 firm had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter last year, the business earned $11.95 EPS. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. Research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current 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 paid a dividend of $4.50 per share. The ex-dividend date 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 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

Insider Activity

In other The Goldman Sachs Group news, CEO David M. Solomon sold 272 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total value of $255,386.24. Following the sale, the chief executive officer owned 125,527 shares of the company’s stock, valued at approximately $117,859,810.84. This trade represents a 0.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Alex S. Golten sold 1,092 shares of The Goldman Sachs Group stock in a transaction on Monday, February 9th. The shares were sold at an average price of $936.89, for a total value of $1,023,083.88. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 117,283 shares of company stock valued at $112,016,033. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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