Capital Financial Group Inc. Co. ADV purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 514 shares of the investment management company’s stock, valued at approximately $452,000.
Several other hedge funds have also bought and sold shares of GS. Vanguard Group Inc. boosted its stake in The Goldman Sachs Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after buying an additional 418,820 shares during the last quarter. State Street Corp raised its holdings in shares of The Goldman Sachs Group by 2.1% during the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after acquiring an additional 394,198 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after acquiring an additional 110,134 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of The Goldman Sachs Group by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after purchasing an additional 45,266 shares in the last quarter. Finally, Invesco Ltd. increased its position in The Goldman Sachs Group by 3.5% in the third 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. Hedge funds and other institutional investors own 71.21% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on GS. CICC Research lifted their price objective on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Citigroup raised their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Wells Fargo & Company cut their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. JPMorgan Chase & Co. increased their target price on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average price target of $941.82.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs helped arrange notable transactions such as Alphabet’s prepaid energy bond deal and SpaceX’s IPO, underscoring strength in investment banking and potential fee generation.
- Positive Sentiment: Analysts and market commentary continue to point to Goldman’s strong stock performance and the possibility of further upside as financial stocks benefit from improving sentiment around oil prices and economic conditions.
- Neutral Sentiment: Goldman Sachs also issued updated oil price forecasts, cutting its Brent outlook after signs of easing geopolitical risk; this reflects macro views rather than a direct change in Goldman’s own fundamentals.
- Neutral Sentiment: The firm named Alibaba, JD.com and other Chinese internet stocks as top picks for the second half of 2026, which may influence investor perception of Goldman’s research franchise but has limited direct impact on GS shares.
- Negative Sentiment: Lower oil-price assumptions and a potential peace deal in the Middle East could weigh on energy-related trading and market volatility, though the effect on Goldman Sachs is likely indirect.
Insider Activity at The Goldman Sachs Group
In other news, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the sale, the insider directly owned 2,578 shares of the company’s stock, valued at $2,413,472.04. The trade was a 30.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is owned by insiders.
The Goldman Sachs Group Stock Performance
GS stock opened at $1,077.31 on Tuesday. The Goldman Sachs Group, Inc. has a twelve month low of $618.00 and a twelve month high of $1,098.36. The firm has a market cap of $317.82 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 1.38 and a beta of 1.30. The business’s fifty day simple moving average is $961.56 and its two-hundred day simple moving average is $912.63. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business’s revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm earned $14.12 earnings per share. Analysts predict that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current year.
The Goldman Sachs Group Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is currently 32.89%.
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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