Nikulski Financial Inc. Trims Position in The Goldman Sachs Group, Inc. $GS

Nikulski Financial Inc. decreased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 20.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,668 shares of the investment management company’s stock after selling 670 shares during the period. Nikulski Financial Inc.’s holdings in The Goldman Sachs Group were worth $2,345,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC raised its holdings in The Goldman Sachs Group by 1.9% during the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock valued at $5,304,824,000 after acquiring an additional 121,676 shares during the period. Invesco Ltd. boosted its stake in shares of The Goldman Sachs Group by 3.5% in the third quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock worth $2,319,905,000 after acquiring an additional 97,387 shares during the period. Legal & General Group Plc boosted its stake in shares of The Goldman Sachs Group by 1.4% in the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after acquiring an additional 28,642 shares during the period. Ameriprise Financial Inc. grew its position in shares of The Goldman Sachs Group by 18.2% during the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after purchasing an additional 291,280 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in shares of The Goldman Sachs Group by 110.8% during the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after purchasing an additional 936,015 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman is positioned to capture a bigger share of Japan equity?capital?markets deals, which would lift fees and ECM market share in a key region. Goldman, BofA Set to Capture Bigger Share of Japan’s ECM Deals
• Positive Sentiment: T&G Global has hired Goldman Sachs to work on a possible sale — a discrete M&A mandate that could translate into near?term advisory fees if the deal progresses. T&G Global hires Goldman Sachs to work on possible sale
• Positive Sentiment: Regulatory relief: the Fed’s proposed easing of capital rules would support Goldman’s balance?sheet deployment, lending and shareholder returns if implemented. Fed Set to Loosen Capital Rules: A Boost for Goldman’s Expansion
• Positive Sentiment: Block transactions in India show Goldman picking up stakes (Jio Financial, BHEL), signaling active trading and principal activity in emerging markets. Goldman Sachs picks stakes in Jio Financial, BHEL via block deals
• Neutral Sentiment: Goldman’s research team reaffirmed a bullish long?term $5,400 gold target despite a sharp near?term selloff — reinforces GS’s role in commodity research and may boost trading flow, but is not an immediate earnings driver. Goldman Sachs Sees Gold Reaching $5,400 Despite 13% Selloff
• Neutral Sentiment: Street coverage remains mixed — broker consensus sits at a “Hold,” keeping analyst pressure balanced around current valuation. The Goldman Sachs Group, Inc. (NYSE:GS) Receives Consensus Rating of “Hold” from Brokerages
• Negative Sentiment: Geopolitical and macro risks (Middle East war driving oil and dollar moves) are already damping growth expectations and could hurt fee?generating activity; Goldman strategists warn the conflict has real economic costs. Goldman Sachs’s Bell on Economic, Markets Impact of War
• Negative Sentiment: Dollar strength and bond market shifts amid the crisis are re?pricing risk and could compress trading margins or reduce capital?markets activity if volatility persists. Dollar Wraps Up Best Month Since 2024 Amid War in Middle East

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Autonomous Res lowered their price target on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. Daiwa Securities Group increased their price objective on shares of The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Rothschild & Co Redburn boosted their target price on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of The Goldman Sachs Group from $815.00 to $826.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Eight investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus price target of $919.29.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS opened at $844.98 on Wednesday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The stock has a market capitalization of $249.26 billion, a P/E ratio of 16.47, a PEG ratio of 0.97 and a beta of 1.34. The firm has a fifty day simple moving average of $879.64 and a two-hundred day simple moving average of $849.89. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The firm had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same period in the prior year, the company earned $11.95 EPS. The business’s revenue was down 3.0% compared to the same quarter last year. On average, analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 2nd were given a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 2.1%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date was Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 1,092 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $936.89, for a total transaction of $1,023,083.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the sale, the executive vice president owned 39,007 shares of the company’s stock, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 117,283 shares of company stock valued at $112,016,033. Corporate insiders own 0.55% of the company’s stock.

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.