The Goldman Sachs Group, Inc. $GS Stock Position Raised by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. boosted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 35,198 shares of the investment management company’s stock after purchasing an additional 950 shares during the quarter. The Goldman Sachs Group makes up approximately 2.6% of Mmbg Investment Advisors CO.’s portfolio, making the stock its 10th biggest holding. Mmbg Investment Advisors CO.’s holdings in The Goldman Sachs Group were worth $30,939,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of GS. Themes Management Co LLC bought a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at approximately $930,000. Diversified Portfolios Inc. increased its holdings in shares of The Goldman Sachs Group by 5.4% in the 4th quarter. Diversified Portfolios Inc. now owns 588 shares of the investment management company’s stock valued at $517,000 after acquiring an additional 30 shares during the last quarter. GatePass Capital LLC bought a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at approximately $207,000. Harbour Investments Inc. increased its holdings in shares of The Goldman Sachs Group by 93.7% in the 4th quarter. Harbour Investments Inc. now owns 9,042 shares of the investment management company’s stock valued at $7,948,000 after acquiring an additional 4,373 shares during the last quarter. Finally, Allstate Corp increased its holdings in shares of The Goldman Sachs Group by 108.3% in the 4th quarter. Allstate Corp now owns 23,026 shares of the investment management company’s stock valued at $20,240,000 after acquiring an additional 11,973 shares during the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group 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 completion of the sale, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the completion of the transaction, the insider owned 15,657 shares in the company, valued at $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Stock Down 0.0%

Shares of The Goldman Sachs Group stock opened at $996.73 on Tuesday. The stock’s fifty day moving average is $896.71 and its 200-day moving average is $886.74. The firm has a market capitalization of $294.04 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.28 and a beta of 1.28. 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 12-month low of $582.50 and a 12-month high of $1,005.36.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same period in the previous year, the firm earned $14.12 earnings per share. The Goldman Sachs Group’s quarterly revenue was up 14.4% on a year-over-year basis. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

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

Wall Street Analyst Weigh In

GS has been the subject of a number of research analyst reports. Dbs Bank boosted their price target on The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Morgan Stanley lowered their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. BNP Paribas Exane lowered their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a report on Friday, April 24th. CICC Research boosted their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. Finally, Jefferies Financial Group lowered their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. Nine investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $943.95.

More The Goldman Sachs Group News

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

• Positive Sentiment: CEO David Solomon said fears that AI will cause a broad “job apocalypse” are overblown, framing AI as a productivity and workforce-shaping force rather than a job destroyer. That message may reassure investors that AI adoption can support economic growth and business activity instead of crushing demand. Article Title
• Positive Sentiment: Goldman Sachs data showed hedge funds are increasing technology stock exposure at a record pace on AI optimism, signaling strong risk appetite in the sector and reinforcing Goldman’s positioning as a key source of market intelligence. Article Title
• Positive Sentiment: Goldman research suggested AI agents could meaningfully boost tech cash flow and token usage, supporting the investment case for continued AI infrastructure spending and keeping Goldman tied to the dominant market theme. Article Title
• Positive Sentiment: Goldman also highlighted liquid cooling as a next-wave AI trade, which underscores its active role in identifying investable themes across the AI supply chain and may boost investor attention to Goldman’s research franchise. Article Title

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.