NBT Bank N A NY boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 14.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,267 shares of the investment management company’s stock after buying an additional 1,391 shares during the period. NBT Bank N A NY’s holdings in The Goldman Sachs Group were worth $8,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GS. Dogwood Wealth Management LLC lifted its holdings in shares of The Goldman Sachs Group by 1,800.0% during the second quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock worth $26,000 after buying an additional 36 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in The Goldman Sachs Group during the third quarter worth about $26,000. First PREMIER Bank acquired a new stake in The Goldman Sachs Group in the 3rd quarter worth about $28,000. Corundum Trust Company INC acquired a new stake in The Goldman Sachs Group in the 3rd quarter worth about $29,000. Finally, Clearstead Trust LLC bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at about $31,000. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group Trading Down 1.5%
Shares of GS opened at $961.54 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 Goldman Sachs Group, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70. The firm has a market cap of $288.39 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 1.03 and a beta of 1.33. The business’s fifty day moving average is $868.57 and its 200-day moving average is $792.44.
The Goldman Sachs Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, March 2nd. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio is 32.50%.
Wall Street Analyst Weigh In
Several brokerages have recently commented on GS. HSBC set a $604.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, January 7th. Citigroup raised their price objective on The Goldman Sachs Group from $700.00 to $765.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Deutsche Bank Aktiengesellschaft upped their target price on The Goldman Sachs Group from $725.00 to $790.00 and gave the company a “hold” rating in a research report on Tuesday, September 30th. Autonomous Res reduced their target price on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Dbs Bank boosted their price target on 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. Six analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $861.16.
Check Out Our Latest Research Report on GS
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 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.
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