Bleakley Financial Group LLC Grows Stock Holdings in The Goldman Sachs Group, Inc. $GS

Bleakley Financial Group LLC lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 5.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,571 shares of the investment management company’s stock after purchasing an additional 739 shares during the period. Bleakley Financial Group LLC’s holdings in The Goldman Sachs Group were worth $12,808,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of GS. Dagco Inc. purchased a new stake in The Goldman Sachs Group in the 4th quarter worth $25,000. Manning & Napier Advisors LLC lifted its stake in The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after purchasing an additional 23 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth $31,000. Entrust Financial LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth $34,000. Finally, Graney & King LLC lifted its stake in The Goldman Sachs Group by 51.5% in the 2nd quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after purchasing an additional 17 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Activity

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total value of $13,421,188.44. Following the completion of the transaction, the insider owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction on Friday, May 1st. The shares were sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at $5,889,079.46. The trade was a 61.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,681 shares of company stock worth $31,737,875 over the last three months. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE GS opened at $996.73 on Tuesday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s 50 day moving average price is $896.71 and its 200-day moving average price is $886.74. The Goldman Sachs Group, Inc. has a 52-week low of $582.50 and a 52-week high of $1,005.36. The company has a market cap of $294.04 billion, a PE ratio of 18.22, a P/E/G ratio of 1.28 and a beta of 1.28.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The Goldman Sachs Group’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $14.12 earnings per share. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: CEO David Solomon said fears that AI will cause a broad “job apocalypse” are overblown, framing AI as a productivity and workforce-shaping force rather than a job destroyer. That message may reassure investors that AI adoption can support economic growth and business activity instead of crushing demand. Article Title
• Positive Sentiment: Goldman Sachs data showed hedge funds are increasing technology stock exposure at a record pace on AI optimism, signaling strong risk appetite in the sector and reinforcing Goldman’s positioning as a key source of market intelligence. Article Title
• Positive Sentiment: Goldman research suggested AI agents could meaningfully boost tech cash flow and token usage, supporting the investment case for continued AI infrastructure spending and keeping Goldman tied to the dominant market theme. Article Title
• Positive Sentiment: Goldman also highlighted liquid cooling as a next-wave AI trade, which underscores its active role in identifying investable themes across the AI supply chain and may boost investor attention to Goldman’s research franchise. Article Title

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. CICC Research boosted their target price on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Weiss Ratings downgraded shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Evercore reduced their target price on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. JPMorgan Chase & Co. restated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Finally, Rothschild & Co Redburn boosted their target price on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the stock a “neutral” rating in a report on Friday, April 17th. Nine investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $943.95.

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.