The Goldman Sachs Group, Inc. $GS Shares Sold by Wilmington Savings Fund Society FSB

Key Points

• Wilmington Savings Fund Society FSB trimmed its GS position by 57.8% in Q3, selling 4,620 shares and leaving 3,374 shares worth $2.687 million; institutional investors own roughly 71.21% of the stock.
• Company insiders sold a total of 117,283 shares (≈$112 million) over the last three months, including CFO Denis Coleman and CAO Sheara Fredman, leaving insider ownership at about 0.55%.
• Goldman raised its quarterly dividend to $4.50 (annualized $18.00, 2.2% yield) and reported a quarter beating estimates with EPS $13.55 vs. $11.52 consensus and revenue $15.71B vs. $14.30B, while the consensus analyst rating remains a "Hold" (avg. target ≈ $919).

Wilmington Savings Fund Society FSB trimmed its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 57.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,374 shares of the investment management company's stock after selling 4,620 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in The Goldman Sachs Group were worth $2,687,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Fisher Asset Management LLC grew its stake in The Goldman Sachs Group by 1.9% in the 3rd quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company's stock valued at $5,304,824,000 after acquiring an additional 121,676 shares during the period. Norges Bank purchased a new position in The Goldman Sachs Group in the second quarter worth approximately $2,138,031,000. Invesco Ltd. increased its position in shares of The Goldman Sachs Group by 3.5% during the 3rd quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company's stock worth $2,319,905,000 after purchasing an additional 97,387 shares during the last quarter. Legal & General Group Plc increased its position in shares of The Goldman Sachs Group by 1.4% during the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company's stock valued at $1,680,393,000 after acquiring an additional 28,642 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of The Goldman Sachs Group by 18.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company's stock worth $1,345,924,000 after acquiring an additional 291,280 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at The Goldman Sachs Group

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

Analyst Upgrades and Downgrades

GS has been the topic of several research analyst reports. Argus boosted their price objective on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a "buy" rating in a report on Friday, January 16th. HSBC upped their target price on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Weiss Ratings reissued a "hold (c+)" rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Rothschild & Co Redburn upped their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a "neutral" rating in a research report on Friday, December 12th. Finally, UBS Group reiterated a "neutral" rating and issued a $990.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company's stock. According to data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of "Hold" and an average price target of $919.29.

The Goldman Sachs Group Trading Down 0.2%

Shares of NYSE:GS opened at $805.07 on Thursday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The company's 50 day moving average is $902.09 and its two-hundred day moving average is $844.80. The company has a market cap of $238.90 billion, a PE ratio of 15.70, a P/E/G ratio of 0.99 and a beta of 1.34. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping analysts' consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $11.95 earnings per share. Equities analysts predict 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 firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be paid a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This is a positive change from The Goldman Sachs Group's previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 35.09%.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman is positioned to win large underwriting mandates — Reuters/Benzinga note Goldman leading the underwriter race for a potential SpaceX/Starlink IPO, which could generate sizable fees and bolster investment‑banking revenue if the deal progresses. SpaceX Now Has 10,000 Starlink Satellites In Space — And Polymarket Is Betting The IPO Is Coming Soon
• Positive Sentiment: Firm research remains a commercial asset — recent Goldman Sachs surveys and research (on small businesses adopting AI) get media pickup across Benzinga, Yahoo and Fortune, reinforcing the firm’s role as a trusted research provider and potentially supporting advisory/data product demand. Small Businesses Race To Adopt AI, But Only 14% Fully Integrate It, Goldman Sachs Survey Shows
• Neutral Sentiment: Macro market calls that influence client flows — Goldman reiterated a bullish S&P 500 base case while also highlighting headwinds; useful for positioning but indirect for near‑term GS earnings. Goldman Sachs doubles down on bold S&P 500 forecast
• Neutral Sentiment: Analyst activity: Goldman adjusted coverage on third parties (e.g., Flutter), reflecting routine research/coverage work rather than direct firm performance changes. Goldman Sachs Lowers PT on Flutter Entertainment (FLUT)
• Negative Sentiment: Zacks downgraded GS from "strong-buy" to "hold", a direct hit to sell‑side sentiment that can pressure retail/institutional demand. Zacks.com
• Negative Sentiment: Debt issuance and governance shifts raise short‑term risk chatter — reporting shows Goldman active in long‑dated note issuance while also facing board turnover (Lakshmi Mittal’s planned retirement) and deploying capital into cybersecurity compliance—moves that alter the firm’s risk/financing profile and can concern some investors. Should Goldman Sachs’ (GS) Cybersecurity Bet and Debt Issuance Shift Its Long‑Term Risk Narrative?
• Negative Sentiment: Macro warnings from Goldman (lower U.S./India growth forecasts, higher recession risk) increase downside risk for banking revenues — research pointing to an elevated recession probability and oil/refined‑fuel shocks could pressure trading and lending activity. Goldman Sachs Just Issued a New Warning on the U.S. Economy — And It’s Not Just About Oil
• Negative Sentiment: Talent movement: JPMorgan naming former Goldman banker Yi Zhang as China I‑banking co‑head signals competitive pressure for senior coverage in key markets. JPMorgan names Goldman’s Yi Zhang as China investment banking co-head

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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