Orleans Capital Management Corp LA Sells 1,863 Shares of The Goldman Sachs Group, Inc. $GS

Key Points

• Orleans Capital cut its stake in The Goldman Sachs Group by 24.6% in Q3, selling 1,863 shares and leaving it with 5,723 shares worth $4.56 million, which represents 2.9% of the firm's portfolio and its sixth-largest holding.
• Heavy insider selling was reported: Treasurer Carey Halio sold 2,846 shares (~$2.64M) and EVP John F.W. Rogers sold 13,151 shares (~$12.61M), with insiders disposing of 117,283 shares valued at about $112M over the last quarter.
• Goldman beat quarterly estimates (EPS $13.55 vs. $11.52; revenue $15.71B vs. $14.30B) and raised its quarterly dividend to $4.50 ($18 annual, ~2.2% yield), but analyst consensus remains a Hold with a $916.86 price target.

Orleans Capital Management Corp LA lowered its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 24.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,723 shares of the investment management company's stock after selling 1,863 shares during the period. The Goldman Sachs Group makes up 2.9% of Orleans Capital Management Corp LA's portfolio, making the stock its 6th biggest position. Orleans Capital Management Corp LA's holdings in The Goldman Sachs Group were worth $4,558,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Harbor Capital Advisors Inc. acquired a new position in shares of The Goldman Sachs Group during the 3rd quarter valued at $26,000. First PREMIER Bank acquired a new stake in The Goldman Sachs Group in the 3rd quarter valued at $28,000. Corundum Trust Company INC purchased a new position in The Goldman Sachs Group in the third quarter valued at about $29,000. Clearstead Trust LLC purchased a new position in The Goldman Sachs Group in the second quarter valued at about $31,000. Finally, Elevation Wealth Partners LLC lifted its stake in shares of The Goldman Sachs Group by 100.0% during the third quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company's stock worth $32,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company's stock.

Insider Activity

In related news, Treasurer Carey Halio sold 2,846 shares of the stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the sale, the treasurer owned 2,017 shares in the company, valued at $1,870,101.89. This represents a 58.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of the firm's stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the transaction, the executive vice president directly owned 39,007 shares in the company, valued at $37,408,883.21. This represents a 25.21% 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 quarter. Corporate insiders own 0.55% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on GS shares. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Zacks Research upgraded The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 19th. Autonomous Res reduced their price target on 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. Dbs Bank upped their price target on The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a "buy" rating in a report on Thursday, November 13th. Finally, Daiwa Securities Group increased their price objective on shares of The Goldman Sachs Group from $927.00 to $940.00 and gave the company a "neutral" rating in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, The Goldman Sachs Group currently has a consensus rating of "Hold" and a consensus price target of $916.86.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $820.95 on Friday. The company has a market cap of $243.62 billion, a PE ratio of 16.01, a P/E/G ratio of 1.03 and a beta of 1.34. The company has a fifty day moving average price of $918.59 and a two-hundred day moving average price of $840.10. 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 Goldman Sachs Group, Inc. has a 12 month low of $439.38 and a 12 month high of $984.70.

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 firm 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 firm's revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $11.95 earnings per share. Research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be given a dividend of $4.50 per share. 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%. This is a boost from The Goldman Sachs Group's previous quarterly dividend of $4.00. The Goldman Sachs Group's payout ratio is currently 35.09%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman’s research team warned oil could surge above the 2008 peak if the Strait of Hormuz remains closed — a view being widely cited by markets. A sharp commodities move usually boosts trading and FICC revenue for large banks like Goldman, and underscores the firm’s influential market research. Oil hits highest level since 2023 as Iran war triggers historic surge
• Positive Sentiment: Goldman Sachs Alternatives led a $65M Series C in Sage (senior-care tech) — another visible private-equity/growth investment that supports fee income and demonstrates continued dealflow in Alternatives. That helps diversify revenue beyond trading and investment banking. Sage Raises $65M Series C Led By Goldman Sachs Alternatives
• Positive Sentiment: Goldman Alternatives completed/participated in other PE investments (Mace Consult, Schellman), signaling active private markets deployment and potential management fees/carry down the road. These deals support the firm’s strategic push into Alternatives. Mace Consult Launches as a Standalone Company
• Neutral Sentiment: Analysts’ consensus on GS remains around a “Hold” and the stock is drawing investor attention — no immediate downgrade wave but mixed sentiment persists. GS Given Average Recommendation of "Hold" by Brokerages
• Neutral Sentiment: Goldman strategists and research notes (eg. buy dips on Iran/AI themes) are shaping market positioning — useful for investor guidance but not an immediate earnings driver. Goldman Strategists Say Buy Any Stocks Dip From Iran and AI
• Negative Sentiment: High-profile warnings about private credit (Lloyd Blankfein) and comments from CEO David Solomon flag “frothiness” and hidden risks in private credit — a sector where Goldman has significant exposure via Alternatives and lending businesses. That concern can pressure the stock due to potential mark-to-market, diligence costs or increased capital requirements. Something on Wall Street 'Smells Like' 2008, Says Former Goldman Sachs Chief
• Negative Sentiment: Legal/reputational headline risk: reporting shows Goldman’s top lawyer is expected to testify in connection with DOJ document releases tied to Epstein — this creates headline uncertainty and could weigh on sentiment even if it does not produce direct financial exposure. Epstein files: DOJ plans to release new batch of documents

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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