Allworth Financial LP Buys 3,775 Shares of The Goldman Sachs Group, Inc. $GS

Key Points

• Allworth Financial LP increased its stake in The Goldman Sachs Group by 71.4% in Q3, buying 3,775 shares to own 9,059 shares valued at about $7.214 million.
• Goldman Sachs beat estimates for the quarter (EPS $13.55 vs $11.52 est.; revenue $15.71B vs $14.30B est.) and raised its quarterly dividend to $4.50 ($18 annual, ~2.2% yield; ex-dividend Mar 2).
• Company insiders have been net sellers (117,283 shares worth ~$112M sold in the last 90 days, including sales by CEO David Solomon and EVP John F.W. Rogers), while analysts’ consensus is a Hold with an average price target of $919.29.

Allworth Financial LP grew its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 71.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 9,059 shares of the investment management company's stock after acquiring an additional 3,775 shares during the quarter. Allworth Financial LP's holdings in The Goldman Sachs Group were worth $7,214,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Harbor Capital Advisors Inc. acquired a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at $26,000. First PREMIER Bank acquired a new stake in The Goldman Sachs Group in the third quarter valued at about $28,000. Corundum Trust Company INC bought a new position in The Goldman Sachs Group in the third quarter valued at about $29,000. Elevation Wealth Partners LLC grew its position in The Goldman Sachs Group by 100.0% in the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company's stock valued at $32,000 after acquiring an additional 20 shares during the last quarter. Finally, Graney & King LLC raised its stake in The Goldman Sachs Group by 51.5% during the second quarter. Graney & King LLC now owns 50 shares of the investment management company's stock worth $35,000 after acquiring an additional 17 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on GS shares. Evercore reissued an "outperform" rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. Autonomous Res decreased their price target on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an "outperform" rating on the stock in a report on Thursday, January 15th. Keefe, Bruyette & Woods upped their price objective on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a "market perform" rating in a research report on Friday, January 16th. BMO Capital Markets raised their target price on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the company a "market perform" rating in a research report on Tuesday, January 20th. Finally, UBS Group restated a "neutral" rating and issued a $990.00 target price on shares of The Goldman Sachs Group in a research report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $919.29.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $813.55 on Friday. The firm has a market capitalization of $241.42 billion, a PE ratio of 15.86, a P/E/G ratio of 0.99 and a beta of 1.34. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60. The company has a 50-day moving average price of $897.10 and a two-hundred day moving average price of $845.03. The Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $984.70.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.03. The company had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company's quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $11.95 earnings per share. Equities analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

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 given 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 dividend yield of 2.2%. The ex-dividend date is Monday, March 2nd. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 35.09%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman committed $42.5M to a minority stake in TAMP GeoWealth, strengthening its wealth‑management / platform footprint (UMA, tax and AI planning) and creating cross‑sell and recurring‑revenue opportunities. Goldman Sachs to Invest $42.5M in TAMP GeoWealth
• Positive Sentiment: Sources say GS is in early talks to raise at least $10B for a private‑credit fund — a potentially large fee pool that would expand alternatives AUM and diversify revenue away from trading. GS in early talks to raise at least $10B for private credit fund
• Positive Sentiment: CEO commentary flags increased dealmaking in a shifted regulatory backdrop — a constructive signal for advisory pipelines and potential M&A fees. Goldman CEO sees increased dealmaking amid changed regulatory environment
• Positive Sentiment: Goldman’s energy research (saying oil could top 2008 highs and naming top oil/refiner picks) spotlights a trading/research profit opportunity as oil volatility drives client flows across markets. Oil Could Top All-Time Highs Set in 2008, Warns Goldman
• Neutral Sentiment: Goldman published a shareholder letter detailing AI ambitions and the risks that could disrupt its strategy — long‑term productivity gains are offset by implementation and governance risks. Goldman Sachs maps out where it's pushing AI — and the risks that could upend its strategy
• Neutral Sentiment: Internal moves: Sara Naison‑Tarajano named head of $26B Ayco (operational leadership update that supports wealth/business continuity). Goldman Sachs Names Sara Naison-Tarajano as Head of $26B Ayco
• Negative Sentiment: Goldman is shifting to smaller, rolling layoffs and will make performance‑based cuts beginning in April — may reduce near‑term costs but can weigh on morale, hiring and execution. Goldman Sachs to make small job cuts on performance in April, source says
• Negative Sentiment: Zacks downgraded GS from strong‑buy to hold, a headline that can pressure sentiment among retail/quant flows. Zacks Research downgrade
• Negative Sentiment: Clients are growing cautious about a potential market rout amid Middle East tensions and rising oil — weaker client risk appetite can dent trading volumes and investment activity. Complacency Is Cracking as Goldman Clients Brace for Stocks Rout

Insider Transactions at The Goldman Sachs Group

In related news, CEO David M. Solomon sold 272 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total value of $255,386.24. Following the sale, the chief executive officer owned 125,527 shares in the company, valued at approximately $117,859,810.84. This trade represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the sale, the executive vice president directly owned 39,007 shares of the company's stock, valued at $37,408,883.21. This represents a 25.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 117,283 shares of company stock valued at $112,016,033. Company insiders own 0.55% of the company's stock.

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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