Legal & General Group Plc Has $1.68 Billion Stake in The Goldman Sachs Group, Inc. $GS

Key Points

• Legal & General Group Plc raised its position in The Goldman Sachs Group by 1.4% to 2,110,119 shares, a holding worth about $1.68 billion or roughly 0.70% of GS.
• Goldman Sachs beat quarterly expectations with $13.55 EPS (vs. $11.52 est.) and revenue of $15.71 billion, while reporting a 15.72% ROE and a 13.73% net margin, though revenue was down 3% year‑over‑year.
• The company increased its quarterly dividend to $4.50 (annualized $18.00), implying a yield of about 2.2% and a dividend payout ratio near 35.1%.

Legal & General Group Plc grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,110,119 shares of the investment management company's stock after purchasing an additional 28,642 shares during the quarter. Legal & General Group Plc owned about 0.70% of The Goldman Sachs Group worth $1,680,393,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Hartline Investment Corp raised its position in The Goldman Sachs Group by 153.3% in the 3rd quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company's stock worth $1,132,000 after purchasing an additional 860 shares during the last quarter. A4 Wealth Advisors LLC bought a new position in The Goldman Sachs Group in the 3rd quarter valued at $940,000. Stevens Capital Management LP acquired a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at $1,392,000. Meridian Wealth Management LLC increased its stake in shares of The Goldman Sachs Group by 39.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company's stock valued at $1,857,000 after buying an additional 659 shares during the period. Finally, AlTi Global Inc. raised its position in shares of The Goldman Sachs Group by 87.3% during the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company's stock worth $23,707,000 after acquiring an additional 13,879 shares during the last quarter. Institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Stock Up 1.3%

Shares of The Goldman Sachs Group stock opened at $832.42 on Tuesday. 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 Goldman Sachs Group, Inc. has a 12 month low of $439.38 and a 12 month high of $984.70. The business has a fifty day simple moving average of $917.40 and a 200 day simple moving average of $842.60. The stock has a market cap of $247.02 billion, a PE ratio of 16.23, a price-to-earnings-growth ratio of 1.01 and a beta of 1.34.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The firm had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same quarter in the prior year, the firm posted $11.95 earnings per share. The company's quarterly revenue was down 3.0% on a year-over-year basis. Research analysts predict 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 paid a $4.50 dividend. This is a boost 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 dividend on an annualized basis and a dividend yield of 2.2%. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 35.09%.

Insiders Place Their Bets

In related news, CEO David M. Solomon sold 272 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $938.92, for a total transaction of $255,386.24. Following the transaction, the chief executive officer owned 125,527 shares of the company's stock, valued at $117,859,810.84. This trade represents a 0.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Denis P. Coleman sold 11,623 shares of the business's stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the transaction, the chief financial officer owned 29,342 shares of the company's stock, valued at approximately $27,627,546.94. This represents a 28.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock worth $112,016,033 over the last ninety days. Company 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: UBS raised its price target on GS, citing a stronger capital markets outlook — a signal to investors that analysts expect continued fee and underwriting strength. Article Title
• Positive Sentiment: Goldman is pitching a new product to hedge funds letting them take long or short positions on corporate loans, which could grow trading flow and fee opportunities in credit markets. Article Title
• Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance and compliance offerings — a strategic move to boost fee-bearing private markets and services revenue tied to AI oversight demand. Article Title
• Positive Sentiment: Goldman is positioned on IPO pipeline activity (e.g., Nscale funding and pre-IPO work), suggesting potential future underwriting and advisory fees. Article Title
• Neutral Sentiment: Goldman research and market notes (on momentum trades, ETF flows and oil) are guiding client positioning but are informational rather than immediate revenue drivers. Article Title
• Neutral Sentiment: Goldman commentary on oil and commodities highlights volatility and longer-term scenarios for energy prices — relevant for trading desks but not a direct corporate-credit event. Article Title
• Neutral Sentiment: Regulatory transparency filings show Goldman holdings in Ontex; routine disclosure that has limited market impact. Article Title
• Negative Sentiment: Goldman-led lenders are bracing for losses on debt tied to Arclin after demand cooled — a credit loss scenario that could pressure provisions or mark-to-market results for underwriting/loan exposures. Article Title
• Negative Sentiment: Broader market moves — bond sell-offs on inflation fears and rising ETF short activity — raise trading volatility that can both help or hurt GS trading revenues; the immediate read is higher risk to near-term results. Article Title

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GS. UBS Group reaffirmed a "neutral" rating and set a $990.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, February 4th. Keefe, Bruyette & Woods lifted their price objective on 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 boosted their price objective on The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a "market perform" rating in a report on Tuesday, January 20th. Wells Fargo & Company upped their target price on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an "overweight" rating in a research report on Thursday, January 15th. Finally, Bank of America raised their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a "buy" rating in a research note on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, The Goldman Sachs Group has a consensus rating of "Hold" and a consensus price target of $916.86.

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.

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