USS Investment Management Ltd Acquires 784 Shares of The Goldman Sachs Group, Inc. $GS

USS Investment Management Ltd lifted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 1.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 52,193 shares of the investment management company’s stock after acquiring an additional 784 shares during the period. USS Investment Management Ltd’s holdings in The Goldman Sachs Group were worth $44,142,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of GS. Dagco Inc. bought a new position in The Goldman Sachs Group in the fourth quarter valued at about $25,000. Garton & Associates Financial Advisors LLC acquired a new position in The Goldman Sachs Group during the fourth quarter worth about $26,000. Manning & Napier Advisors LLC lifted its holdings in shares of The Goldman Sachs Group by 287.5% in the fourth 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 last quarter. Steph & Co. bought a new position in shares of The Goldman Sachs Group in the first quarter worth about $27,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at approximately $29,000. 71.21% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GS. Rothschild & Co Redburn lifted their price target on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Dbs Bank increased their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. Daiwa Securities Group raised their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. BMO Capital Markets boosted their target price on shares of The Goldman Sachs Group from $972.00 to $1,070.00 and gave the stock a “market perform” rating in a research note on Monday. Finally, JPMorgan Chase & Co. upped their price target on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Nine equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $974.18.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs continues to generate bullish market commentary, including forecasts that gold could rise to $4,900 and that AI-driven earnings growth could lift the S&P 500, reinforcing the firm’s influence and visibility with investors.
• Positive Sentiment: Goldman’s research team highlighted several AI software names and reiterated a constructive outlook for earnings season, signaling confidence in sector opportunities and market conditions.
• Positive Sentiment: The company recently raised its dividend and continues to benefit from a rebound in investment banking fees, which points to improving capital-return and operating trends. Article Title
• Neutral Sentiment: Goldman Sachs was reclassified in major Russell indexes, moving out of some growth benchmarks and into value/defensive categories, which could affect passive fund flows but does not change fundamentals directly.
• Neutral Sentiment: Several Wall Street firms raised price targets on Goldman Sachs, suggesting valuation support remains, though ratings were mostly still neutral rather than outright bullish.
• Negative Sentiment: Oppenheimer turned cautious on major U.S. banks and suggested investors take profits after the sector’s strong run, a headline that may be pressuring Goldman Sachs shares today.
• Negative Sentiment: Another report framed Goldman Sachs and peers as stocks to sell after fresh highs, reinforcing concerns that the recent rally may be running out of room.

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $1,012.17 on Wednesday. The stock’s 50-day moving average is $1,000.56 and its 200-day moving average is $930.53. The Goldman Sachs Group, Inc. has a 1-year low of $691.30 and a 1-year high of $1,125.00. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The stock has a market cap of $298.60 billion, a P/E ratio of 18.50, a price-to-earnings-growth ratio of 1.32 and a beta of 1.30.

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 analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. During the same quarter last year, the business earned $14.12 EPS. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. Equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.79 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Monday, June 1st were given a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 1.8%. The ex-dividend date was Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 1,116 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the sale, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. The trade was 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 the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,681 shares of company stock worth $31,737,875 over the last ninety days. Insiders own 0.55% of the company’s stock.

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.