Victory Financial Group LLC Acquires 896 Shares of The Goldman Sachs Group, Inc. $GS

Victory Financial Group LLC raised its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 59.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,398 shares of the investment management company’s stock after buying an additional 896 shares during the period. Victory Financial Group LLC’s holdings in The Goldman Sachs Group were worth $2,108,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Hartline Investment Corp lifted its position in The Goldman Sachs Group by 153.3% during the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after purchasing an additional 860 shares in the last quarter. A4 Wealth Advisors LLC bought a new stake in The Goldman Sachs Group during the third quarter valued at about $940,000. Stevens Capital Management LP purchased a new stake in The Goldman Sachs Group in the third quarter worth about $1,392,000. Meridian Wealth Management LLC raised its stake in shares of The Goldman Sachs Group by 39.4% in the third quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock worth $1,857,000 after buying an additional 659 shares during the period. Finally, AlTi Global Inc. raised its stake in shares of The Goldman Sachs Group by 87.3% in the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock worth $23,707,000 after buying an additional 13,879 shares during the period. 71.21% of the stock is currently owned by institutional investors.

More The Goldman Sachs Group News

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

• Positive Sentiment: Potential regulatory tailwind — the Federal Reserve’s proposal to loosen capital rules would ease constraints on banks and is seen as a direct boost to Goldman’s ability to expand lending and returns, which could lift profitability and shareholder returns. Read More.
• Positive Sentiment: Investment banking pipeline — Bloomberg reports Goldman (with BofA) is positioned to capture a bigger share of Japan equity capital markets deals, implying near-term fee growth in ECM if issuance picks up. Read More.
• Positive Sentiment: Trading / principal activity — Goldman acquired stakes in Indian names (Jio Financial, BHEL) via block deals, showing active principal/trading deployment and potential trading/arrangement revenues. That can support near-term fees and trading income. Read More.
• Neutral Sentiment: Strategic messaging to clients — Goldman struck a surprisingly constructive tone on equities, arguing the recent sell-off may have improved the short-term setup. This is more sentiment-setting than a direct revenue driver, but it can influence investor positioning. Read More.
• Neutral Sentiment: Research visibility (gold outlook) — Goldman reaffirmed a bullish long-term gold target ($5,400) despite a sharp pullback; positive for the firm’s research credibility and potential client flows into related trading products, but limited direct P&L impact. Read More.
• Neutral Sentiment: Macro commentary — Goldman strategists warn the Iran war will dent growth and confidence even with a quick resolution; useful for risk management and client guidance but a cautionary input rather than an immediate revenue event. Read More.
• Negative Sentiment: Product/service execution delay — Goldman told clients that a tool for shorting loans isn’t ready, a delay that may defer expected client flows and fee opportunities from that product. Read More.
• Negative Sentiment: Regional research caution — Goldman downgraded Indian equities to “marketweight” and cut its Nifty target, reflecting conservative outlooks amid geopolitical and commodity risks; this signals caution to institutional clients and could weigh on activity in that region. Read More.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 4,863 shares of The Goldman Sachs Group stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total value of $4,492,196.25. Following the sale, the chief accounting officer directly owned 10,301 shares in the company, valued at approximately $9,515,548.75. The trade was a 32.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Denis P. Coleman sold 11,623 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the completion of the sale, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock valued at $112,016,033 in the last ninety days. Corporate insiders own 0.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on GS. Rothschild & Co Redburn boosted their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. HSBC raised their target price on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Bank of America lifted their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, January 16th. Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Autonomous Res decreased their price objective on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. Eight research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average target price of $919.29.

The Goldman Sachs Group Stock Up 4.6%

Shares of GS opened at $844.98 on Wednesday. The business’s 50 day moving average is $879.64 and its 200 day moving average is $849.89. The company has a market capitalization of $249.26 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 0.97 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The company had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same period in the previous year, the firm earned $11.95 EPS. The firm’s revenue was down 3.0% compared to the same quarter last year. Research 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 announced a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 2nd were given a dividend of $4.50 per share. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.

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.