Whittier Trust Co. of Nevada Inc. grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 1.9% in the third quarter, Holdings Channel.com reports. The firm owned 46,786 shares of the investment management company’s stock after purchasing an additional 892 shares during the period. The Goldman Sachs Group comprises approximately 0.8% of Whittier Trust Co. of Nevada Inc.’s investment portfolio, making the stock its 25th largest position. Whittier Trust Co. of Nevada Inc.’s holdings in The Goldman Sachs Group were worth $36,960,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of GS. Fisher Asset Management LLC boosted its position in The Goldman Sachs Group by 3.6% during the 2nd quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock worth $4,628,507,000 after acquiring an additional 227,604 shares during the period. Bank of New York Mellon Corp lifted its position in shares of The Goldman Sachs Group by 4.9% in 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 in the last quarter. Norges Bank acquired a new stake in shares of The Goldman Sachs Group during the second quarter worth approximately $2,138,031,000. Ameriprise Financial Inc. boosted its holdings in shares of The Goldman Sachs Group by 18.2% during the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after purchasing an additional 291,280 shares during the period. Finally, Franklin Resources Inc. grew its position in The Goldman Sachs Group by 2.8% during the second quarter. Franklin Resources Inc. now owns 1,815,660 shares of the investment management company’s stock valued at $1,285,032,000 after purchasing an additional 48,835 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.
Insider Activity
In related 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 transaction of $19,088,688.92. Following the completion of the transaction, the director directly owned 103,390 shares in the company, valued at $99,695,875.30. This represents a 16.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 68,186 shares of company stock valued at $65,820,670 in the last 90 days. Company insiders own 0.55% of the company’s stock.
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $14.30 billion. During the same period in the prior year, the company earned $11.95 earnings per share. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. As a group, analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.
The Goldman Sachs Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a $4.50 dividend. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on GS. Daiwa Capital Markets lifted their target price on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a research note on Tuesday, January 6th. Keefe, Bruyette & Woods lifted 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 report on Friday, January 16th. Morgan Stanley dropped their target price on The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 15th. Royal Bank Of Canada increased their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a report on Tuesday. Finally, Argus boosted their target price on shares of 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. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group has an average rating of “Hold” and an average target price of $898.00.
Get Our Latest Stock Report on The Goldman Sachs Group
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Board raised the quarterly dividend 12.5% to $4.50 per share, which supports income-focused investor demand and signals confidence in capital generation. Goldman Sachs Just Hiked Its Dividend 12.5%. Should You Buy GS Stock Now?
- Positive Sentiment: Goldman is working on underwriting/Advisory mandates and growth equity deals (e.g., leading Cubby’s $63M round and named as an underwriter on Ledger’s planned $4B IPO) — indicators of sustained investment-banking and alternatives fee flow. Exclusive: Cubby raises $63 million in Goldman Sachs-led funding
- Positive Sentiment: Analyst/outlook support: a reported price-target raise to $985 signals bullish expectations from at least one coverage source and can lift sentiment among momentum investors. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $985.00
- Neutral Sentiment: Goldman published research raising its 2026 gold forecast to $5,400/oz — positive for commodities desks and research credibility, but indirect for GS equity performance. Gold hovers near record highs as Goldman Sachs lifts year-end forecast to $5,400
- Neutral Sentiment: Goldman disclosed a 2.92% voting interest in Qiagen (QGEN) under Dutch rules — a notable investment position that could lead to engagement but not an immediate impact on GS’s stock. Goldman Sachs Discloses 2.92% Voting Interest in QIAGEN
- Neutral Sentiment: Ongoing research and market calls (upgrades on names like Spotify, Novo Nordisk) keep Goldman visible in capital markets, but these items mostly reflect franchise strength rather than immediate EPS impact. Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
- Negative Sentiment: CEO David Solomon’s 2025 pay rose ~20% to $47M — a headline that can draw governance scrutiny and short-term investor pushback despite being linked to strong performance. Goldman Sachs CEO David Solomon gets over 20% pay boost in 2025
- Negative Sentiment: Insider selling: a director disposed of sizable GS holdings (reported ~$65M in sales), which can be read negatively by some investors even though insiders still hold material positions. Goldman Sachs (GS) Director Dumps $65M in Stock. Should Investors Worry?
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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