Signet Financial Management LLC grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 109.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 5,240 shares of the investment management company’s stock after buying an additional 2,739 shares during the quarter. Signet Financial Management LLC’s holdings in The Goldman Sachs Group were worth $4,433,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the stock. Norges Bank purchased a new position in The Goldman Sachs Group in the fourth quarter valued at $2,515,830,000. Corient Private Wealth LLC increased its holdings in The Goldman Sachs Group by 1,657.7% during the 4th quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock worth $2,282,312,000 after purchasing an additional 2,448,767 shares during the period. International Assets Investment Management LLC purchased a new stake in The Goldman Sachs Group during the 1st quarter worth about $2,024,921,000. Northwestern Mutual Wealth Management Co. raised its position in The Goldman Sachs Group by 428.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock valued at $488,947,000 after purchasing an additional 450,984 shares in the last quarter. Finally, Diamant Asset Management Inc. boosted its stake in shares of The Goldman Sachs Group by 84,499.0% in the 1st quarter. Diamant Asset Management Inc. now owns 422,995 shares of the investment management company’s stock valued at $35,785,000 after buying an additional 422,495 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Stock Performance
NYSE GS opened at $1,142.58 on Wednesday. The company has a fifty day moving average of $1,024.94 and a two-hundred day moving average of $941.58. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63. The Goldman Sachs Group, Inc. has a 1 year low of $691.30 and a 1 year high of $1,143.84. The company has a market capitalization of $337.07 billion, a PE ratio of 20.88, a P/E/G ratio of 1.34 and a beta of 1.30.
The Goldman Sachs Group Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a $5.00 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $826.00 to $900.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. BMO Capital Markets increased their price objective on shares of The Goldman Sachs Group from $972.00 to $1,070.00 and gave the company a “market perform” rating in a research report on Monday, June 29th. Finally, Daiwa Securities Group raised their price objective on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average target price of $1,005.33.
Check Out Our Latest Analysis on The Goldman Sachs Group
Insider Transactions at The Goldman Sachs Group
In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the completion of the sale, the insider directly owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,681 shares of company stock worth $31,737,875 in the last three months. Corporate insiders own 0.55% 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 crushed expectations with EPS of $20.98 versus $14.47 expected and revenue of $20.34 billion versus $16.22 billion, reinforcing the earnings-driven move higher. Goldman Sachs (NYSE:GS) Reports Bullish Q2 CY2026
- Positive Sentiment: Record equities trading and a strong investment banking pipeline drove the beat, with traders citing booming market volatility, IPO activity, underwriting, and M&A as key revenue drivers. Goldman’s profit jumps on trading surge, corporate deal spree
- Positive Sentiment: Management also raised the quarterly dividend to $5.00, a sign of confidence in earnings power and capital returns. Goldman Sachs raises dividend by 11.1% to $5.00
- Positive Sentiment: Several reports highlighted Goldman as a market winner alongside stronger bank earnings broadly, helping sentiment around the stock and the financial sector. The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
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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