The Goldman Sachs Group, Inc. $GS Shares Bought by King Luther Capital Management Corp

King Luther Capital Management Corp grew its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 13.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,706 shares of the investment management company’s stock after acquiring an additional 12,731 shares during the period. King Luther Capital Management Corp’s holdings in The Goldman Sachs Group were worth $83,383,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at $2,138,031,000. AGF Management Ltd. grew its stake in shares of The Goldman Sachs Group by 2,429.6% in the second quarter. AGF Management Ltd. now owns 485,375 shares of the investment management company’s stock valued at $343,524,000 after buying an additional 466,187 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in The Goldman Sachs Group by 100,678.6% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock worth $286,017,000 after acquiring an additional 403,721 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in 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 period. Finally, Fisher Asset Management LLC grew its position in The Goldman Sachs Group by 3.6% in the second quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock valued at $4,628,507,000 after acquiring an additional 227,604 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group stock in a transaction 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 in the company, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Treasurer Carey Halio sold 2,846 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the sale, the treasurer owned 2,017 shares in the company, valued at $1,870,101.89. This trade represents a 58.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 117,283 shares of company stock valued at $112,016,033. 0.55% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GS shares. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Jefferies Financial Group boosted their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. HSBC increased their price target on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Wells Fargo & Company lifted their price target on 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, UBS Group restated a “neutral” rating and issued a $990.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $916.86.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman’s Asset & Wealth Management (AWM) is showing durable growth with $14.9B revenue, record fees and $3.61T in assets under management for 2025 — reinforcing a steadier, fee-based revenue stream that supports valuation multiples. Article
• Positive Sentiment: An $11M purchase of Goldman’s Nasdaq-100 Premium Income ETF reported for Bensler is a visible flows/ownership signal into a Goldman-managed product — modestly positive for AUM and fee generation sentiment. Article
• Positive Sentiment: Goldman is lead underwriter on Robinhood’s $1B closed-end pre-IPO fund, which should generate underwriting and distribution fees and highlights continued investment-banking flow activity. Article
• Neutral Sentiment: CEO David Solomon reiterated support for a “rule‑based” U.S. crypto framework and said he personally owns Bitcoin — underscores commitment to the firm’s crypto strategy but also points to regulatory dependence. Article
• Neutral Sentiment: Market coverage notes the stock has been outperforming recently, reflecting the combination of AWM strength and deal activity versus macro caution. Article
• Negative Sentiment: Goldman’s reported plan to remove DEI criteria from board-candidate selection has generated wide coverage (NYT, Fortune, WSJ); the governance shift raises reputational and stakeholder-risk concerns that could weigh on long-term sentiment for some investors. Article
• Negative Sentiment: Royal Bank of Canada’s hire of Goldman equities trader Noel Reyes removes execution talent from GS’s equities franchise — a small but tangible loss for trading capability in a competitive area. Article

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $934.23 on Thursday. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.13 and a quick ratio of 0.65. The firm has a market cap of $280.20 billion, a price-to-earnings ratio of 18.21, a P/E/G ratio of 1.12 and a beta of 1.34. The stock’s fifty day moving average price is $921.63 and its two-hundred day moving average price is $828.08. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The company had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same period last year, the firm earned $11.95 earnings per share. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. On average, equities analysts forecast 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. Investors of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is currently 31.20%.

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.