Natixis Advisors LLC decreased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 9.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 368,197 shares of the investment management company’s stock after selling 40,051 shares during the period. Natixis Advisors LLC owned approximately 0.12% of The Goldman Sachs Group worth $323,645,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in GS. Brighton Jones LLC increased its position in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after purchasing an additional 58 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after purchasing an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of The Goldman Sachs Group by 22.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock worth $1,522,000 after purchasing an additional 391 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs boosted its 2028 profit forecast for SK Hynix by 24% as the AI boom drives aggressive expansion plans, reinforcing Goldman’s reputation for strong investment research and market insight. SK Hynix Reaches $1 Trillion Valuation as CEO Unveils Aggressive Expansion Plans
- Positive Sentiment: Goldman said hedge funds are buying stocks at the fastest pace in six months, a sign of improving risk appetite that can support trading and advisory activity. Goldman Says Hedge Funds Buy Stocks at Fastest Pace in 6 Months
- Positive Sentiment: Several recent pieces continue to describe Goldman Sachs (GS) as a strong long-term stock with a favorable earnings outlook, which may help investor confidence. Why Goldman Sachs (GS) is a Top Stock for the Long-Term
- Neutral Sentiment: Goldman warned that real income growth is slowing to levels rarely seen outside recessions, a macroeconomic caution that matters for markets but is not directly about GS operations. It’s not a recession. But Goldman says your paycheck is acting like it
- Neutral Sentiment: Commentary questioning whether Goldman Sachs stock is underperforming the S&P 500 may keep attention on the shares, but it does not add a new fundamental catalyst. Is Goldman Sachs Stock Underperforming the S&P 500?
- Negative Sentiment: Goldman’s warning on weaker oil demand and downside risk to crude prices could be seen as a softer backdrop for the broader economy and capital markets activity. Goldman Warns Oil Faces $10 Downside Risk
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its quarterly 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 Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same period last year, the firm posted $14.12 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. As a group, analysts expect that The Goldman Sachs Group, Inc. will post 59.53 earnings per share 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. Shareholders 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 1.7%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s payout ratio is presently 32.89%.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on GS. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Citigroup increased their target price on The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Evercore reduced their target price on 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. Morgan Stanley reduced their target price on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 31st. Finally, Rothschild & Co Redburn increased their target price on 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 research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, The Goldman Sachs Group currently has an average rating of “Hold” and an average target price of $943.95.
Get Our Latest Research Report on The Goldman Sachs Group
Insider Buying and Selling at The Goldman Sachs Group
In other news, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider owned 2,578 shares in the company, valued at approximately $2,413,472.04. The trade was a 30.21% 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, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, 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 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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