Bailard Inc. Increases Stake in The Goldman Sachs Group, Inc. $GS

Bailard Inc. lifted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 21.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,603 shares of the investment management company’s stock after acquiring an additional 983 shares during the period. Bailard Inc.’s holdings in The Goldman Sachs Group were worth $4,925,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Dagco Inc. purchased a new position in shares of The Goldman Sachs Group during the 4th quarter worth about $25,000. Manning & Napier Advisors LLC lifted its holdings in shares of The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after acquiring an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth approximately $31,000. Joseph Group Capital Management acquired a new stake in The Goldman Sachs Group during the 4th quarter worth approximately $37,000. Finally, Ares Financial Consulting LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth approximately $39,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Stock Up 0.2%

Shares of NYSE:GS opened at $946.75 on Wednesday. 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 $582.50 and a 52-week high of $984.70. The company has a 50 day moving average of $872.96 and a two-hundred day moving average of $875.09. The company has a market capitalization of $279.30 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 1.22 and a beta of 1.28.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The Goldman Sachs Group’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the company earned $14.12 earnings per share. As a group, analysts forecast 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 firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be paid a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

Analyst Upgrades and Downgrades

GS has been the subject of a number of research analyst reports. BNP Paribas Exane dropped their target price on shares of The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Evercore dropped their target price on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a research report on Monday, April 6th. UBS Group increased their target price on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Eight investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and an average price target of $942.24.

Insider Activity

In related news, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total value of $9,571,380.17. Following the transaction, the chief accounting officer owned 6,338 shares in the company, valued at $5,889,079.46. This trade represents a 61.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 26,824 shares of company stock worth $25,062,242. 0.55% of the stock is currently owned by insiders.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs announced it has further simplified its capital structure through a series redemption, a small but shareholder-friendly move that can improve efficiency and reduce complexity. Goldman Sachs Simplifies Capital Structure After Series Redemption
• Positive Sentiment: Goldman Sachs Alternatives acquired FGI Worldwide, expanding its private equity platform and adding to the firm’s alternatives and financing capabilities. Goldman Sachs Alternatives Acquires FGI Worldwide
• Positive Sentiment: Goldman’s research continues to support a constructive view on financial markets and client activity, including a call that non-hardware AI investment could exceed $1 trillion globally, which reinforces demand for advisory, financing, and capital markets services. Non-hardware AI investments could exceed $1tn globally in the coming years: GS
• Positive Sentiment: Citi raised its price target on Goldman Sachs to $930 from $765 while keeping a Neutral rating, signaling higher valuation expectations even without a bullish rating upgrade. The Goldman Sachs Group (GS) – Among the 14 Best Dividend Stocks to Buy for Steady Growth
• Neutral Sentiment: Goldman president John Waldron said the firm is using AI to automate parts of its workforce, but the company does not expect mass layoffs; the news highlights efficiency gains, though the long-term organizational impact is still uncertain. Goldman Sachs exec touts plans to automate ‘human assembly line’ with AI ‘robots’– and vows no mass layoffs
• Neutral Sentiment: Goldman also pushed back its Fed rate-cut outlook to December 2026, reflecting lingering inflation pressure; this could support net interest income longer, but it also underscores a more uncertain macro backdrop. US Stock Market: BofA, Goldman push back Fed easing forecasts amid inflation risks
• Negative Sentiment: Goldman’s strategists warned that the S&P 500’s move above 7,100 looks “frothy,” which may temper risk appetite across the market if investors rotate out of expensive equities. Goldman Sachs says the S&P 500’s run past 7,100 is ‘froth’ — a previous time Wall Street said that, a crash followed
• Negative Sentiment: Goldman Sachs also reiterated a Sell rating on Super Micro Computer, reinforcing that its analysts remain selective on individual stocks and cautious on companies with concentration risk. Goldman’s Katherine Murphy Reiterates Sell on Super Micro Computer, Keeps $30 Price Target Unchanged on Concentration Risks

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.