Groupama Asset Managment Has $972,000 Stock Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Groupama Asset Management slashed its stake in Goldman Sachs by 61.4% in Q3, selling 1,944 shares and now holding 1,220 shares valued at $972,000 per its latest SEC filing.
• Goldman Sachs topped expectations for the quarter with $13.55 EPS (vs. $11.52 expected) and $15.71 billion in revenue, and recently raised its quarterly dividend to $4.50 (an $18.00 annualized payout, ~2.2% yield).
• Analyst coverage is mixed: the consensus rating is a Hold with an average price target of $919.29 (8 Buys, 14 Holds), though some firms have raised targets above $1,000 (e.g., RBC $1,030, Wells Fargo $1,050).

Groupama Asset Managment decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 61.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,220 shares of the investment management company's stock after selling 1,944 shares during the period. Groupama Asset Managment's holdings in The Goldman Sachs Group were worth $972,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Polar Asset Management Partners Inc. acquired a new stake in The Goldman Sachs Group in the third quarter valued at $1,035,000. Cambria Investment Management L.P. boosted its holdings in The Goldman Sachs Group by 30.1% during the 3rd quarter. Cambria Investment Management L.P. now owns 907 shares of the investment management company's stock worth $722,000 after acquiring an additional 210 shares during the last quarter. Strategic Advocates LLC purchased a new stake in The Goldman Sachs Group in the 3rd quarter valued at about $158,000. Manhattan West Asset Management LLC increased its position in shares of The Goldman Sachs Group by 1.3% during the third quarter. Manhattan West Asset Management LLC now owns 5,498 shares of the investment management company's stock valued at $4,379,000 after acquiring an additional 73 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its position in shares of The Goldman Sachs Group by 0.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 141,153 shares of the investment management company's stock valued at $112,407,000 after purchasing an additional 547 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GS has been the topic of a number of research reports. 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 note on Tuesday, January 20th. Autonomous Res decreased their price objective on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an "outperform" rating on the stock in a research report on Thursday, January 15th. BNP Paribas Exane raised their price objective on The Goldman Sachs Group from $775.00 to $970.00 and gave the company a "neutral" rating in a report on Friday, January 16th. UBS Group reiterated 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. Finally, Wells Fargo & Company upped their price target on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an "overweight" rating in a report on Thursday, January 15th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $919.29.

Key Stories Impacting The Goldman Sachs Group

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

The Goldman Sachs Group Stock Performance

Shares of GS opened at $813.55 on Friday. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The firm has a market capitalization of $241.42 billion, a P/E ratio of 15.86, a PEG ratio of 0.99 and a beta of 1.34. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66. The business has a fifty day moving average of $897.10 and a 200 day moving average of $845.03.

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 for the quarter, topping analysts' consensus estimates of $11.52 by $2.03. The business had revenue of $15.71 billion during 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 revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $11.95 earnings per share. As a group, sell-side analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders 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. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group's dividend payout ratio is presently 35.09%.

Insider Buying and Selling

In other news, Director David A. Viniar sold 45,000 shares of the firm's stock in a transaction on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the transaction, the director owned 555,000 shares in the company, valued at approximately $535,758,150. This trade represents a 7.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 18,533 shares of the company's stock, valued at $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 117,283 shares of company stock valued at $112,016,033 over the last 90 days. 0.55% of the stock is owned by insiders.

About The Goldman Sachs Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.