FFG Partners LLC bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the first quarter, Holdings Channel reports. The institutional investor bought 13,066 shares of the investment management company’s stock, valued at approximately $11,054,000. The Goldman Sachs Group accounts for 4.4% of FFG Partners LLC’s portfolio, making the stock its 11th biggest holding.
A number of other large investors also recently modified their holdings of the business. Acropolis Investment Management LLC grew its position in shares of The Goldman Sachs Group by 1.8% during the 4th quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after buying an additional 11 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its holdings in The Goldman Sachs Group by 2.0% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock worth $505,000 after acquiring an additional 11 shares during the last quarter. Optas LLC boosted its stake in The Goldman Sachs Group by 0.4% in the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after acquiring an additional 11 shares during the period. Pines Wealth Management LLC boosted its stake in The Goldman Sachs Group by 0.4% in the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after acquiring an additional 11 shares during the period. Finally, Welch & Forbes LLC grew its holdings in shares of The Goldman Sachs Group by 0.8% during the fourth quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock valued at $1,257,000 after purchasing an additional 11 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.
The Goldman Sachs Group Price Performance
Shares of NYSE GS opened at $1,105.13 on Tuesday. The Goldman Sachs Group, Inc. has a twelve month low of $630.01 and a twelve month high of $1,125.00. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The company has a market capitalization of $326.03 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 1.43 and a beta of 1.30. The firm has a 50-day moving average of $983.33 and a two-hundred day moving average of $922.55.
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 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.
Insider Buying and Selling at The Goldman Sachs Group
In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $929.17, for a total value of $9,571,380.17. Following the transaction, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Alex S. Golten sold 1,116 shares of the stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the sale, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. CICC Research upped 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 report on Tuesday, May 19th. UBS Group boosted their price target on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. Morgan Stanley set a $900.00 price target on shares of The Goldman Sachs Group in a research note on Friday, June 12th. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Finally, Rothschild & Co Redburn raised their price objective on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, The Goldman Sachs Group has an average rating of “Hold” and an average price target of $941.82.
View Our Latest Report on The Goldman Sachs Group
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs lowered its U.S. recession odds, signaling a healthier economic backdrop that could support trading, underwriting, and investment banking activity. Goldman cuts U.S. recession risk to 15% after Iran deal
- Positive Sentiment: JPMorgan raised its price target on Goldman Sachs and expects a strong trading-driven quarter, which reinforces optimism around near-term earnings power. JPMorgan Lifts Goldman Sachs (GS) Target, Expects Strong Trading-Driven Quarter
- Neutral Sentiment: KBRA assigned preliminary ratings to a Goldman Sachs-sponsored mortgage-backed securities deal, a routine capital-markets update that is unlikely to materially move the stock on its own. KBRA Assigns Preliminary Ratings to GS Mortgage-Backed Securities Trust 2026-DSC2
- Neutral Sentiment: Goldman data showing hedge fund leverage near multi-year highs points to elevated market risk, but the article is more about broader market positioning than Goldman’s core fundamentals. $165 Billion Stock Selloff Looms as Goldman Flags Rising Leverage
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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