Dakota Wealth Management Lowers Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Dakota Wealth Management trimmed its stake in The Goldman Sachs Group by 9.8%, selling 1,984 shares and ending the quarter with 18,215 shares valued at about $16.01 million.
• Goldman Sachs beat quarterly expectations with EPS of $13.55 (vs. $11.52 est.) and $15.71 billion in revenue, and it raised its quarterly dividend to $4.50 (annualized $18.00; yield ~2.2%, ex-dividend Mar 2).
• Significant insider selling occurred recently—117,283 shares (~$112 million) were sold in the past 90 days (insiders now own 0.55%)—and former executives have warned of elevated private‑market markdown risk.

Dakota Wealth Management lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 9.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 18,215 shares of the investment management company's stock after selling 1,984 shares during the period. Dakota Wealth Management's holdings in The Goldman Sachs Group were worth $16,011,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at approximately $2,138,031,000. Wellington Management Group LLP raised its stake in The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company's stock worth $1,417,997,000 after acquiring an additional 936,015 shares during the period. Ameriprise Financial Inc. lifted its holdings in 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 valued at $1,345,924,000 after purchasing an additional 291,280 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of The Goldman Sachs Group by 3.6% in the second quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company's stock worth $4,628,507,000 after purchasing an additional 227,604 shares during the period. Finally, Danske Bank A S bought a new position in shares of The Goldman Sachs Group in the third quarter worth approximately $178,941,000. Hedge funds and other institutional investors own 71.21% of the company's stock.

Insider Activity at The Goldman Sachs Group

In other news, CAO Sheara J. Fredman sold 4,863 shares of the company's stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the sale, the chief accounting officer directly owned 10,301 shares of the company's stock, valued at $9,515,548.75. This represents a 32.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $941.57, for a total value of $10,943,868.11. Following the transaction, the chief financial officer owned 29,342 shares of the company's stock, valued at $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 117,283 shares of company stock valued at $112,016,033 in the last 90 days. 0.55% of the stock is currently owned by insiders.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $821.85 on Friday. The firm has a market cap of $242.44 billion, a price-to-earnings ratio of 16.02, a P/E/G ratio of 1.01 and a beta of 1.34. The firm has a fifty day moving average price of $887.83 and a 200 day moving average price of $847.70. The Goldman Sachs Group, Inc. has a fifty-two week low of $439.38 and a fifty-two week high of $984.70. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced 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 15.72%. The company had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same period in the previous year, the firm posted $11.95 EPS. The Goldman Sachs Group's revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, sell-side 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 given a $4.50 dividend. This is an increase from The Goldman Sachs Group's previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis 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 presently 35.09%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman has disclosed meaningful institutional exposure to spot XRP ETFs (reported ~$152–153M), signaling the firm’s active role in crypto ETF flows and potential asset‑management/trading revenue from tokenized products. XRP ETF disclosure
• Positive Sentiment: Goldman‑backed Canton Network linked with LayerZero to enable regulated cross‑chain token transfers — a sign Goldman‑aligned projects gaining traction and a potential long‑term revenue angle in tokenization and institutional blockchain services. Canton links with LayerZero
• Positive Sentiment: Goldman was appointed financial advisor to Golar LNG for a strategic review — an example of advisory mandate wins that generate fees and bolster investment banking pipelines. Golar LNG strategic review
• Neutral Sentiment: Goldman’s research activity is prominent across markets (raising/lowering targets and revising regional rate/earnings views), which is business‑as‑usual but keeps GS central to market narratives. Example coverage: price‑target moves and Asia rate Outlook. Asia rate outlook
• Negative Sentiment: Multiple insiders sold roughly $136M of GS stock recently — a direct negative signal that can pressure sentiment and contribute to the share‑price decline. Insider sales report
• Negative Sentiment: Former GS executives (including Lloyd Blankfein) and other sources warn of elevated private‑market markdown risk — this raises concerns about write‑downs or valuation stress in GS’s private‑markets exposure and wealth/asset‑management portfolios. Blankfein private markets warning Seeking Alpha
• Negative Sentiment: Goldman’s own research warns of an oil‑shock economic hit (U.S. payroll losses, higher recession odds) and it downgraded India’s outlook — a macro backdrop and regional downgrade cycle that could hit trading volumes, M&A activity and fee revenue. Oil shock job impact India downgrade

Analyst Ratings Changes

GS has been the topic of several recent analyst reports. BNP Paribas Exane raised their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a "neutral" rating in a research report on Friday, January 16th. Barclays upped their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an "overweight" rating in a report on Monday, January 5th. Wells Fargo & Company increased their price target on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an "overweight" rating in a research note on Thursday, January 15th. Royal Bank Of Canada boosted their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a "sector perform" rating in a research report on Tuesday, January 20th. Finally, Bank of America upped their price objective on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a "buy" rating in a research note on Friday, January 16th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $919.29.

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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