Anchor Capital Advisors LLC reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 33,979 shares of the investment management company’s stock after selling 822 shares during the quarter. Anchor Capital Advisors LLC’s holdings in The Goldman Sachs Group were worth $29,868,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in The Goldman Sachs Group by 17.1% during the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after purchasing an additional 508 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after buying an additional 58 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of The Goldman Sachs Group by 90.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after buying an additional 735 shares during the period. Schnieders Capital Management LLC. lifted its stake in The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after acquiring an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in The Goldman Sachs Group by 22.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock worth $1,522,000 after acquiring an additional 391 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
Insider Activity
In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group 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 sale, the insider owned 2,578 shares of the company’s stock, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the stock in a transaction that occurred 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 33,681 shares of company stock worth $31,737,875 in the last ninety days. 0.55% of the stock is currently owned by insiders.
The Goldman Sachs Group Stock Up 1.6%
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion for 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 firm’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the business posted $14.12 EPS. Analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.
The Goldman Sachs Group Announces Dividend
The company 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 $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.
Wall Street Analysts Forecast Growth
GS has been the subject of several research reports. Jefferies Financial Group dropped their target price 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. Zacks Research lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. BMO Capital Markets increased their target price on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a report on Monday, April 20th. Daiwa Securities Group lifted their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Nine research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $943.95.
Read Our Latest Research Report on GS
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: CEO David Solomon said markets are in “more greed than fear” mode, highlighting strong liquidity and upbeat risk appetite as AI-focused companies line up for major public-market activity. That tone suggests a healthy backdrop for Goldman Sachs’ dealmaking and capital markets franchise. Article: More greed than there is fear: Goldman Sachs CEO sounds off on AI
- Positive Sentiment: Goldman’s asset-management arm said its ETF platform crossed $100 billion in assets shortly after the Innovator Capital Management acquisition, signaling momentum in a growing fee-generating business. Article: Can Buffer ETFs Replace Bonds? Goldman Thinks So
- Positive Sentiment: A Bloomberg report said Goldman helped spark an estimated $80 billion Berkshire deal after a weekend call, underscoring the bank’s role in large-scale M&A and advisory work. Article: Goldman’s Weekend Call to Berkshire Spurs an $80 Billion Deal
- Neutral Sentiment: Several articles focused on Goldman research and commentary on oil, diesel, AI power demand, and consumer income trends. These pieces show the firm remains influential in market analysis, but they are more macro commentary than direct stock catalysts. Article: Goldman Sees August US Diesel Crunch as Stocks Lowest Since 2003 Article: It’s not a recession. But Goldman says your paycheck is acting like it
- Negative Sentiment: Some headlines emphasized Goldman’s warnings on AI-related power demand, weaker consumer real income, and downside risk in oil. While these do not directly hurt Goldman Sachs operationally, they may temper sentiment around the broader market backdrop. Article: Goldman Sachs issues warning on AI’s surging power demand Article: It’s not a recession. But Goldman says your paycheck is acting like it
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.
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