M&T Bank Corp Has $24.94 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

Key Points

• M&T Bank increased its stake in The Goldman Sachs Group by 16.5% in Q4 to 28,378 shares, valued at about $24.94 million.
• Corporate insiders have been net sellers recently—EVP John F.W. Rogers sold 13,151 shares and CFO Denis P. Coleman sold 11,623 shares, with total insider sales of 32,001 shares worth ~$30.37 million over the last 90 days (insiders now own 0.55%).
• Goldman beat Q1 estimates with EPS $17.55 vs. $15.92 and $17.23 billion in revenue, and announced a quarterly dividend of $4.50 ($18 annualized, ~2.0% yield).

M&T Bank Corp grew its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 16.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,378 shares of the investment management company's stock after buying an additional 4,026 shares during the period. M&T Bank Corp's holdings in The Goldman Sachs Group were worth $24,944,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dagco Inc. acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at about $25,000. Corundum Trust Company INC bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $29,000. Graney & King LLC boosted its position in shares of The Goldman Sachs Group by 51.5% during the 2nd quarter. Graney & King LLC now owns 50 shares of the investment management company's stock valued at $35,000 after purchasing an additional 17 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $45,000. Finally, JPL Wealth Management LLC bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $50,000. Institutional investors and hedge funds own 71.21% of the company's stock.

Insider Activity

In other news, EVP John F.W. Rogers sold 13,151 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the transaction, the executive vice president owned 39,007 shares in the company, valued at $37,408,883.21. This trade represents a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Denis P. Coleman sold 11,623 shares of the firm'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 value of $10,943,868.11. Following the completion of the transaction, the chief financial officer owned 29,342 shares in the company, valued at $27,627,546.94. This represents a 28.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,001 shares of company stock worth $30,367,306 over the last 90 days. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Stock Down 2.3%

Shares of NYSE:GS opened at $902.91 on Tuesday. The business's 50 day simple moving average is $869.26 and its two-hundred day simple moving average is $867.57. The firm has a market cap of $266.35 billion, a P/E ratio of 16.50, a PEG ratio of 1.19 and a beta of 1.28. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.66 and a current ratio of 1.10. The Goldman Sachs Group, Inc. has a 52-week low of $547.06 and a 52-week high of $984.70.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.92 by $1.63. The business had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The company's quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $14.12 earnings per share. As a group, research analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 32.89%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is a key investor/partner in a new Anthropic enterprise AI joint venture alongside Blackstone and Hellman & Friedman; the deal aims to deploy Anthropic’s Claude into private‑equity portfolio companies and enterprise customers, creating recurring software, consulting and execution opportunities for GS. Article Title
• Positive Sentiment: Reports show Blackstone and Goldman Sachs committing roughly $450M to the Anthropic venture and related $1.5B initiatives — a material capital allocation that signals GS’s strategic push into AI services and potential upside from any eventual Anthropic IPO/exit. Article Title
• Neutral Sentiment: Goldman Sachs Research warns the AI investment cycle has large upfront costs and lagging returns for many firms — a reality check that could temper enthusiasm for AI‑exposed stocks even as GS monetizes its own AI deals through advisory and deployment services. Article Title
• Neutral Sentiment: Goldman’s analyst shop remains active: the firm raised Ally Financial’s price target (reflecting ongoing research and underwriting flow), while GS research also flagged large hedge‑fund tech de‑risking — both items underscore continued revenue opportunities from research, trading and advisory rather than immediate share impact. Article Title Article Title
• Negative Sentiment: HSBC raised its Goldman Sachs price target slightly but kept a "Reduce" rating, signaling some sell‑side caution about near‑term upside — that maintained analyst skepticism likely contributes to weaker sentiment despite the AI headlines. Article Title

Analyst Upgrades and Downgrades

Several brokerages recently commented on GS. Jefferies Financial Group cut their target price on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating on the stock in a research report on Monday, April 6th. Barclays upped their target price on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an "overweight" rating in a research report on Monday, January 5th. Keefe, Bruyette & Woods upped their target price 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 cut their target price on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 31st. Finally, Argus upped their target price on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a "buy" rating in a research report on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company's stock. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of "Hold" and an average price target of $924.43.

The Goldman Sachs Group 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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