Migdal Insurance & Financial Holdings Ltd. Sells 40,437 Shares of The Goldman Sachs Group, Inc. $GS

Migdal Insurance & Financial Holdings Ltd. lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 99.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 330 shares of the investment management company’s stock after selling 40,437 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in The Goldman Sachs Group were worth $263,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vest Financial LLC lifted its position in shares of The Goldman Sachs Group by 23.9% during the third quarter. Vest Financial LLC now owns 5,374 shares of the investment management company’s stock worth $4,280,000 after purchasing an additional 1,036 shares in the last quarter. Joel Isaacson & Co. LLC raised its position in The Goldman Sachs Group by 2.2% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 9,741 shares of the investment management company’s stock worth $7,757,000 after purchasing an additional 208 shares during the last quarter. Impact Investors Inc bought a new position in The Goldman Sachs Group in the 3rd quarter worth approximately $1,162,000. Grey Fox Wealth Advisors LLC acquired a new position in The Goldman Sachs Group during the 3rd quarter worth $67,000. Finally, First Interstate Bank boosted its position in The Goldman Sachs Group by 8.7% in the 3rd quarter. First Interstate Bank now owns 1,343 shares of the investment management company’s stock valued at $1,069,000 after buying an additional 108 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 1.0%

Shares of NYSE GS opened at $952.68 on Thursday. The Goldman Sachs Group, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70. 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 $285.74 billion, a P/E ratio of 18.57, a P/E/G ratio of 1.10 and a beta of 1.33. The firm has a 50 day moving average price of $876.79 and a 200 day moving average price of $797.88.

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 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 for the quarter, compared to analyst estimates of $14.30 billion. During the same period last year, the business posted $11.95 earnings per share. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. Analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. 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 yield of 1.9%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is presently 31.20%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GS. Argus boosted their target price on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. BMO Capital Markets lifted their price objective on The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research report on Tuesday. Keefe, Bruyette & Woods upped 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 research report on Friday, January 16th. Dbs Bank raised their target price on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Daiwa Capital Markets lifted their price target on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $898.00.

Key The Goldman Sachs Group News

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

• Positive Sentiment: QIA and Goldman agreed a $25 billion investment collaboration, a sizable strategic partnership that could drive fee revenue and long?term asset management opportunities for GS. QIA and Goldman Sachs agree $25bn investment collaboration
• Positive Sentiment: Goldman raised its dividend by 50% after exiting the Apple Card partnership — a cash return increase that boosts yield and signals board confidence in capital levels. Goldman Sachs raises dividend 50% after major change
• Positive Sentiment: Goldman delivered strong Q4 results (Jan. 15) with EPS and revenue beats and has attracted analyst upgrades/positive coverage (Zacks upgraded to Strong Buy; BMO nudged its target higher), supporting sentiment around earnings momentum and valuation. Zacks upgrade BMO target adjustment
• Positive Sentiment: Leadership move: Goldman promoted top consumer/retail banker Ben Frost to chairman of investment banking — a management signal tied to deal execution strength in a key revenue area. Ben Frost named chairman of investment banking
• Neutral Sentiment: Goldman research and bank commentary (on themes like the US data?center boom and AI-era volatility) highlight franchise thought?leadership that can support client flows but are not immediate stock drivers. Data center research
• Negative Sentiment: Insider selling: Director David A. Viniar disclosed multiple block sales mid?January totaling roughly $65.8M across filings — sizeable disposals that can create short?term investor caution even though insiders still hold large positions. SEC filing
• Negative Sentiment: Real?estate exposure: Goldman is leading a takeover effort after the Radford Studio Center mortgage default — a credit/operational matter that could entail losses or capital deployment depending on outcomes. Radford Studio Center default

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director David A. Viniar sold 45,000 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $965.33, for a total value of $43,439,850.00. Following the completion of the transaction, the director directly owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. The trade was a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 68,186 shares of company stock valued at $65,820,670 over the last ninety days. 0.55% of the stock is currently owned by insiders.

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.