Bluedoor Private Wealth LLC acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 548 shares of the investment management company’s stock, valued at approximately $482,000.
Other large investors also recently bought and sold shares of the company. Dagco Inc. purchased a new position in The Goldman Sachs Group during the 4th quarter worth $25,000. Manning & Napier Advisors LLC raised its position in The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after buying an additional 23 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in The Goldman Sachs Group during the 4th quarter worth $31,000. Cornerstone Financial Management LLC purchased a new position in The Goldman Sachs Group during the 4th quarter worth $33,000. Finally, Entrust Financial LLC purchased a new position in The Goldman Sachs Group during the 4th quarter worth $34,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Stock Performance
Shares of GS opened at $1,077.31 on Tuesday. The company has a 50-day simple moving average of $961.56 and a 200-day simple moving average of $912.63. 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 company has a market capitalization of $317.82 billion, a PE ratio of 19.69, a P/E/G ratio of 1.38 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52-week low of $618.00 and a 52-week high of $1,098.36.
The Goldman Sachs Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders 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 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.
The Goldman Sachs Group News Summary
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs helped arrange Alphabet’s first prepaid energy bond deal, adding another high-profile mandate and reinforcing the bank’s strength in specialty financing and debt underwriting. Google Clinches First‑of‑its‑Kind Prepaid Energy Bond Deal With Goldman Sachs
- Positive Sentiment: Goldman also played a role in Alphabet’s large equity raise and then helped bring Google into the prepaid energy market, underscoring its ability to win complex, fee-generating transactions across multiple products. Goldman Brings Google to Prepaid Energy Market After Equity Deal
- Positive Sentiment: Recent commentary highlighted Goldman Sachs’ strong stock performance this year and suggested more upside could remain, reflecting investor confidence in the firm’s earnings power and capital markets exposure. Goldman Sachs stock has soared: here’s why it has more gains ahead
- Neutral Sentiment: MarketBeat-style coverage noted Goldman Sachs’ shares continued to rise, but the move lagged the broader market, suggesting the stock is still being driven more by company-specific deal flow than by a broad re-rating. Here’s Why Goldman Sachs (GS) Gained But Lagged the Market Today
- Neutral Sentiment: Analyst and media discussion around Goldman’s earnings remains supportive, but no major new estimate revision or company announcement was included in the latest batch of articles. Do Goldman Sachs Group’s (NYSE:GS) Earnings Warrant Your Attention?
- Negative Sentiment: Broader headlines about competitors and clients, such as Nvidia’s bond issuance and Robinhood’s IPO push, may increase competition in capital markets even though they do not directly change Goldman’s near-term fundamentals. Nvidia Taps Bond Market for the First Time in Five Years
Insider Buying and Selling at The Goldman Sachs Group
In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares in the company, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 33,681 shares of company stock valued at $31,737,875. Insiders own 0.55% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on GS shares. Wells Fargo & Company cut their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a report on Monday, April 13th. JPMorgan Chase & Co. increased their price target on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the company a “neutral” rating in a report on Friday. Evercore cut their price target on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Bank of America cut their price target on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, UBS Group increased their price target on shares of The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $941.82.
Check Out Our Latest Analysis on GS
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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