Harbour Investments Inc. boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 93.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,042 shares of the investment management company’s stock after buying an additional 4,373 shares during the quarter. Harbour Investments Inc.’s holdings in The Goldman Sachs Group were worth $7,948,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the stock. Acropolis Investment Management LLC boosted its holdings in The Goldman Sachs Group by 1.8% in the 4th quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after purchasing an additional 11 shares during the period. Walkner Condon Financial Advisors LLC boosted its holdings in The Goldman Sachs Group by 2.0% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock valued at $505,000 after purchasing an additional 11 shares during the period. Optas LLC boosted its holdings in The Goldman Sachs Group by 0.4% in the 4th quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after purchasing an additional 11 shares during the period. Pines Wealth Management LLC boosted its holdings in The Goldman Sachs Group by 0.4% in the 4th quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after purchasing an additional 11 shares during the period. Finally, Terra Nova Asset Management LLC boosted its holdings in The Goldman Sachs Group by 0.5% in the 4th quarter. Terra Nova Asset Management LLC now owns 2,650 shares of the investment management company’s stock valued at $2,329,000 after purchasing an additional 12 shares during the period. 71.21% of the stock is owned by institutional investors.
Insider Activity
In related news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the transaction, the insider directly owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This trade represents a 47.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the transaction, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 33,681 shares of company stock valued at $31,737,875. Company insiders own 0.55% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on GS
Trending Headlines about The Goldman Sachs Group
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 Price Performance
NYSE:GS opened at $996.73 on Tuesday. The company has a 50-day moving average of $896.71 and a 200-day moving average of $886.74. The company has a market capitalization of $294.04 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.28 and a beta of 1.28. The Goldman Sachs Group, Inc. has a 52 week low of $582.50 and a 52 week high of $1,005.36. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the firm earned $14.12 EPS. As a group, equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.
The Goldman Sachs Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.89%.
About The Goldman Sachs Group
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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