Traynor Capital Management Inc. Acquires 1,473 Shares of The Goldman Sachs Group, Inc. $GS

Traynor Capital Management Inc. boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 170.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,337 shares of the investment management company’s stock after purchasing an additional 1,473 shares during the quarter. Traynor Capital Management Inc.’s holdings in The Goldman Sachs Group were worth $1,861,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Hartline Investment Corp grew its stake in shares of The Goldman Sachs Group by 153.3% during the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after buying an additional 860 shares during the last quarter. Ignite Planners LLC bought a new position in The Goldman Sachs Group in the 2nd quarter valued at $239,000. Bank of New York Mellon Corp lifted its position in shares of The Goldman Sachs Group by 4.9% during the second quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock worth $2,392,124,000 after purchasing an additional 157,473 shares during the last quarter. Wells Trecaso Financial Group LLC boosted its stake in shares of The Goldman Sachs Group by 0.5% during the second quarter. Wells Trecaso Financial Group LLC now owns 21,534 shares of the investment management company’s stock valued at $15,240,000 after purchasing an additional 108 shares during the period. Finally, Merit Financial Group LLC lifted its holdings in The Goldman Sachs Group by 70.7% during the 2nd quarter. Merit Financial Group LLC now owns 19,057 shares of the investment management company’s stock valued at $13,488,000 after buying an additional 7,891 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GS shares. Evercore ISI reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. UBS Group increased their target price on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the stock a “neutral” rating in a report on Tuesday, October 7th. Autonomous Res reduced their price target 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. Citigroup increased their price objective on shares of 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, JPMorgan Chase & Co. upped their price objective on The Goldman Sachs Group from $750.00 to $775.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. One 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $898.00.

Insider Transactions at The Goldman Sachs Group

In other news, Director David A. Viniar sold 19,796 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $964.27, for a total value of $19,088,688.92. Following the sale, the director directly owned 103,390 shares of the company’s stock, valued at $99,695,875.30. This represents a 16.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the transaction, the insider directly owned 18,533 shares of the company’s stock, valued at approximately $17,189,542.83. This trade represents a 34.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 84,395 shares of company stock worth $80,824,289 in the last ninety days. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman raised its quarterly dividend to $4.50 (annualized $18.00), a sign of confidence in capital generation and shareholder returns — this supports valuation and income-seeking flows. Goldman Sachs Soars on Q4 Post, Strong Investment Banking Outlook
• Positive Sentiment: Goldman promoted seven partners into its top leadership group, signaling deeper management capacity to drive growth across investment banking, markets and asset/wealth management. Goldman Sachs Adds Seven Partners to Top Leadership Group
• Positive Sentiment: RBC Capital reiterated franchise strength, calling GS a “preeminent global investment bank,” which supports analyst sentiment and helps justify higher target prices. RBC Capital—Preeminent Global Investment Bank
• Positive Sentiment: Goldman’s BDC priced a $400M notes offering, reflecting funding access for its credit unit and potential deployment into yield-producing assets. GS BDC Prices $400M Notes Offering
• Neutral Sentiment: Goldman research and bench in AI/semiconductors remain highly visible (top picks, spending forecasts), supporting future M&A and trading flow potential but with indirect near-term earnings impact. Goldman Sachs Semiconductor Stocks: Top 12 Picks 10 AI Stocks in Focus on Wall Street
• Neutral Sentiment: Macro & commodities research (gold and silver outlooks; investor risk appetite commentary) highlights franchise expertise and can drive trading revenue seasonally, but effects are uneven. Why Gold Prices Are Rising — Goldman Sachs View
• Neutral Sentiment: Competitive dynamics: JPMorgan is pushing its M&A bankers to close the gap with Goldman, underscoring an active competitive landscape in advisory fees and market share. JPMorgan Tells Its M&A Bankers to Do More to Close the Goldman Gap
• Neutral Sentiment: Goldman’s analysts provided neutral/in-line coverage on names like RTX (helps clients but limited direct impact on GS shares). RTX Beats Q4—Goldman Note
• Negative Sentiment: Significant insider selling: multiple senior executives (including the treasurer, CAO and other high?profile insiders) disclosed large share sales last week — a near?term negative for sentiment and could increase supply pressure. Top Goldman Sachs Insiders Quietly Cash Out Example SEC Form 4
• Negative Sentiment: Staff departure: Goldman’s head of precious?metals trading, Benjamin Binet?Laisne, left to join Mercuria — loss of trading leadership could affect that desk’s performance and client relationships. Goldman’s Former Head of Precious Metals Set to Join Mercuria

The Goldman Sachs Group Stock Up 0.7%

Shares of GS stock opened at $936.69 on Thursday. The stock’s fifty day moving average price is $891.48 and its 200 day moving average price is $805.95. 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 market cap of $280.94 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 1.14 and a beta of 1.33. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65.

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 for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter last year, the company earned $11.95 earnings per share. The company’s quarterly revenue was down 3.0% on a year-over-year basis. 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 announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is presently 31.20%.

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.