Stenger Family Office LLC lifted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 49.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,766 shares of the investment management company’s stock after buying an additional 582 shares during the period. Stenger Family Office LLC’s holdings in The Goldman Sachs Group were worth $1,395,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of GS. Dogwood Wealth Management LLC grew its holdings in shares of The Goldman Sachs Group by 1,800.0% during the 2nd quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 36 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new stake in The Goldman Sachs Group in the third quarter valued at approximately $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group during the third quarter worth $28,000. Corundum Trust Company INC acquired a new position in shares of The Goldman Sachs Group during the third quarter worth $29,000. Finally, Clearstead Trust LLC bought a new position in shares of The Goldman Sachs Group in the 2nd quarter valued at $31,000. 71.21% of the stock is currently owned by institutional investors.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Q4 EPS beat and record equities trading — Goldman reported Q4 EPS well above estimates and set a Wall Street record for equities?trading revenue, driving upside to profits and supporting higher dividend/buyback capacity. MarketBeat: Goldman Sachs Soars on Q4 Post
- Positive Sentiment: Dividend increase and capital returns — Goldman raised its quarterly dividend to $4.50 (12.5% increase) and signaled buybacks, a clear shareholder?friendly move that supports valuation and income investors. TipRanks: Dividend Raise
- Positive Sentiment: Strong investment?banking backlog and 2026 outlook — Management flagged a heavier M&A/investment?banking pipeline and expects IB revenue to grow, which could sustain earnings momentum if activity persists. MarketBeat: Investment Banking Outlook
- Neutral Sentiment: Exploring new revenue streams — Management said it is watching/tokenization, stablecoins (CLARITY Act) and is exploring prediction markets — long?term optionality but not immediate revenue. Cointelegraph: CLARITY Act comments
- Neutral Sentiment: Alternatives activity — Goldman Sachs Alternatives participated in a continuation vehicle backing Ecowaste, showing continued private markets deal flow but limited near?term impact on GS equity. Benzinga: Kinderhook/Ecowaste
- Negative Sentiment: Revenue miss and Apple Card accounting noise — Reported revenue was mixed/variance across sources; the Apple Card transition produced a large accounting impact that reduced revenue but boosted one?time profit — creates comparability questions for investors. Reuters: Profit Rises; Apple Card note
- Negative Sentiment: Cash?flow and Platform Solutions concerns — Third?party reporting highlighted a sharp drop in operating cash flow and ongoing Platform Solutions exit costs/markdowns tied to the consumer portfolio, which could pressure near?term fundamentals. QuiverQuant: Cash flow item
- Negative Sentiment: Analyst target shifts and valuation debate — Several firms raised price targets (Wells Fargo, KBW) but others trimmed or maintain more conservative views; commentary that the stock is “running hot” and a wide target range increases short?term volatility risk. MarketScreener: Wells Fargo PT Street Insider: KBW PT
The Goldman Sachs Group Stock Down 1.5%
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $14.01 earnings per share for the quarter, beating the consensus estimate of $11.52 by $2.49. The business had revenue of $13.45 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 firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $11.95 EPS. On average, research 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 declared 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. The ex-dividend date of this dividend is Monday, March 2nd. 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 dividend yield of 1.9%. The Goldman Sachs Group’s payout ratio is 35.09%.
Analysts Set New Price Targets
GS has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised their price objective on The Goldman Sachs Group from $725.00 to $790.00 and gave the company a “hold” rating in a report on Tuesday, September 30th. Bank of America increased their target price on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group boosted their price target 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. Citigroup upped their price objective on The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Finally, BMO Capital Markets lifted their target price on shares of The Goldman Sachs Group from $785.00 to $980.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. Eight investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $891.57.
Get Our Latest Stock Report on The Goldman Sachs Group
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.
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