Deutsche Bank AG raised its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 12.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 965,869 shares of the investment management company’s stock after acquiring an additional 110,569 shares during the period. Deutsche Bank AG’s holdings in The Goldman Sachs Group were worth $848,999,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Acropolis Investment Management LLC lifted its position in The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after purchasing an additional 11 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its position 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 valued at $505,000 after purchasing an additional 11 shares during the last quarter. Optas LLC lifted its position 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 purchasing an additional 11 shares during the last quarter. Pines Wealth Management LLC lifted its position 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 purchasing an additional 11 shares during the last quarter. Finally, Welch & Forbes LLC lifted its position in The Goldman Sachs Group by 0.8% in 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. Institutional investors own 71.21% of the company’s stock.
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs’ analysts are still finding opportunities in select names, including upgrades and buy ideas that suggest the firm’s research platform remains influential with investors. Goldman Sachs Says Buy the Dip in These 2 Newly Public ‘Strong Buy’ Stocks
- Positive Sentiment: Goldman Sachs continues to participate in major investor conferences and stock coverage activity, reinforcing its role in capital markets and research. Spandana Sphoorty to Join Goldman Sachs Asia Financials Investor Meet
- Neutral Sentiment: The Federal Reserve said it will release 2026 bank stress test results on June 24; Goldman Sachs is among the large banks being evaluated, but the new results will not affect capital requirements until 2027. Federal Reserve to Release 2026 Bank Stress Test Results on June 24 for 32 Major Lenders
- Neutral Sentiment: Goldman Sachs took a more cautious stance on rates, saying it now expects no Fed cuts in 2026 and pushing its first cut forecast to 2027 after strong U.S. jobs data. That view can support higher-for-longer rates, but it also signals a slower path to policy easing. Goldman Sachs Changes Fed Rate Calls, Now Sees No Cuts in 2026
- Negative Sentiment: Market commentary highlighted Goldman Sachs warning that AI-related market exuberance and speculation are rising, which may pressure sentiment across risk assets and the broader financial sector. Goldman Sachs Issues Blunt Warning on AI-Driven Market Conditions
- Negative Sentiment: News that Goldman Sachs expects the Fed to keep rates unchanged through 2026 and delay cuts until 2027 may reduce hopes for a near-term boost to deal-making and financing activity. Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data
The Goldman Sachs Group Price Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $14.12 earnings per share. Research analysts predict that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.
The Goldman Sachs Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be issued a $4.50 dividend. The ex-dividend date is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio is 32.89%.
Wall Street Analyst Weigh In
Several analysts have weighed in on GS shares. HSBC boosted their price objective on The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. BMO Capital Markets boosted their price objective on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a research report on Monday, April 20th. Dbs Bank boosted their price objective on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Citigroup upped their target price on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Bank of America decreased their target price on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $943.95.
Check Out Our Latest Stock Report on The Goldman Sachs Group
Insider Transactions at The Goldman Sachs Group
In other news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the transaction, the insider directly owned 2,578 shares of the company’s stock, valued at approximately $2,413,472.04. This represents a 30.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,681 shares of company stock worth $31,737,875 in the last ninety days. 0.55% of the stock is owned by company insiders.
About The Goldman Sachs Group
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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