Rockefeller Capital Management L.P. Acquires 34,044 Shares of The Goldman Sachs Group, Inc. $GS

Rockefeller Capital Management L.P. grew its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 24.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 172,049 shares of the investment management company’s stock after buying an additional 34,044 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in The Goldman Sachs Group were worth $151,232,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Acropolis Investment Management LLC increased its stake in The Goldman Sachs Group by 1.8% during the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock worth $554,000 after acquiring an additional 11 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in shares of The Goldman Sachs Group by 2.0% in the 4th 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 stake in shares of The Goldman Sachs Group by 0.4% in the 4th 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 boosted its holdings in shares of The Goldman Sachs Group by 0.4% in the 4th quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock worth $2,255,000 after purchasing an additional 11 shares during the period. Finally, Welch & Forbes LLC boosted its holdings in shares of The Goldman Sachs Group by 0.8% in the 4th quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock worth $1,257,000 after purchasing an additional 11 shares during the period. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Negative Sentiment: Goldman Sachs lowered its 2026 year-end gold target by $500 to $4,900, reflecting reduced expectations for Fed rate cuts and increasing risk of rate hikes. Gold Price Target Slashed by Goldman on Fed Rate Hike Risk
• Negative Sentiment: Multiple follow-up reports echoed Goldman’s more cautious gold outlook, reinforcing the view that tighter monetary policy could keep pressure on bullion prices. The Fed’s new hawkish reality just forced Goldman Sachs to slash its gold forecast by $500
• Neutral Sentiment: Goldman also said its gold view remains structurally constructive over the long term, but tactically cautious in the near term as policy uncertainty persists. Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
• Neutral Sentiment: Separately, Goldman Sachs was mentioned in coverage on oil and shipping flows through Hormuz, but that commentary appears more macro-focused than directly material to GS shares. Hormuz Reopens, Yet Businesses Warn Oil Crisis Isn’t Over

Analysts Set New Price Targets

GS has been the topic of several recent research reports. Jefferies Financial Group decreased their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Daiwa Securities Group lifted their price objective on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Citigroup boosted their price objective on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings downgraded shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Finally, Bank of America lowered their target price on shares of 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 investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus target price of $941.82.

Insider Activity at The Goldman Sachs Group

In related news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the completion of the sale, the chief financial officer owned 31,070 shares in the company, valued at $30,248,198.50. This trade represents a 18.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction dated 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 sale, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This trade represents a 61.91% 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 have sold 33,681 shares of company stock worth $31,737,875. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock opened at $1,099.46 on Friday. The stock’s fifty day moving average is $979.32 and its two-hundred day moving average is $919.74. The company has a market capitalization of $324.35 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.43 and a beta of 1.30. 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, Inc. has a 52 week low of $630.01 and a 52 week high of $1,125.00.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping the consensus estimate 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 business’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $14.12 earnings per share. As a group, analysts expect that The Goldman Sachs Group, Inc. will post 59.6 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) 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.