Hillsdale Investment Management Inc. Has $5 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Hillsdale Investment Management Inc. lowered its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 17.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,686 shares of the investment management company’s stock after selling 1,190 shares during the period. Hillsdale Investment Management Inc.’s holdings in The Goldman Sachs Group were worth $4,998,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GS. Wellington Management Group LLP grew its holdings in The Goldman Sachs Group by 110.8% in the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after buying an additional 936,015 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings 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 buying an additional 450,984 shares during the last quarter. Vanguard Group Inc. grew its holdings in The Goldman Sachs Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after buying an additional 418,820 shares during the last quarter. Jennison Associates LLC grew its holdings in The Goldman Sachs Group by 40.8% in the 4th quarter. Jennison Associates LLC now owns 1,353,007 shares of the investment management company’s stock valued at $1,189,293,000 after buying an additional 392,319 shares during the last quarter. Finally, Danske Bank A S bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter worth approximately $178,941,000. Institutional investors and hedge funds 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 said merger-and-acquisition activity is tracking toward near-record levels in 2026, potentially close to the 2021 boom, which would support higher investment banking fees and earnings. Goldman Sachs says on track for near-record M&A volumes in 2026
• Positive Sentiment: The company also forecast record or near-record global M&A volumes next year, suggesting a stronger pipeline for advisory and underwriting revenue. GS Expects Record Global M&A in 2026: Will This Boost Its IB Business?
• Positive Sentiment: Goldman’s bullish market commentary extended beyond dealmaking, with the firm raising its S&P 500 target to 8,000 on AI-driven earnings optimism, reinforcing a constructive outlook for capital markets activity. US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism
• Neutral Sentiment: Goldman also presented at Bernstein’s Strategic Decisions Conference, but the transcript does not indicate any major new catalyst beyond the firm’s existing growth themes. The Goldman Sachs Group, Inc. (GS) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Neutral Sentiment: The bank was also mentioned in a PB Fintech block deal as one of several institutional buyers, which is notable but likely not material enough on its own to move GS shares. PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $1,024.02 on Friday. 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 company has a market capitalization of $302.09 billion, a PE ratio of 18.71, a price-to-earnings-growth ratio of 1.32 and a beta of 1.28. The Goldman Sachs Group, Inc. has a one year low of $592.17 and a one year high of $1,027.22. The business has a 50 day simple moving average of $913.37 and a 200 day simple moving average of $892.11.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS 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 Goldman Sachs Group’s revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the company earned $14.12 EPS. On average, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be given a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

Insider Buying and Selling

In related news, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 33,681 shares of company stock worth $31,737,875 over the last 90 days. Corporate insiders own 0.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GS. Dbs Bank raised their price objective on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. UBS Group raised their price objective on The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. Wells Fargo & Company reduced their price objective on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Jefferies Financial Group reduced their price objective on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Finally, CICC Research raised their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Nine equities 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.com, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $943.95.

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.