Fund Advisors of America Inc FL bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 737 shares of the investment management company’s stock, valued at approximately $648,000.
A number of other large investors have also recently made changes to their positions in the company. Dagco Inc. purchased a new position in The Goldman Sachs Group during the 4th quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in The Goldman Sachs Group in the fourth quarter valued at approximately $26,000. Manning & Napier Advisors LLC lifted its stake in The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares during the last quarter. Lifetime Wealth Management P.C. acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $29,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $31,000. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Negative Sentiment: Goldman Sachs lowered its 2026 year-end gold target by $500 to $4,900, reflecting reduced expectations for Fed rate cuts and increasing risk of rate hikes. Gold Price Target Slashed by Goldman on Fed Rate Hike Risk
- Negative Sentiment: Multiple follow-up reports echoed Goldman’s more cautious gold outlook, reinforcing the view that tighter monetary policy could keep pressure on bullion prices. The Fed’s new hawkish reality just forced Goldman Sachs to slash its gold forecast by $500
- Neutral Sentiment: Goldman also said its gold view remains structurally constructive over the long term, but tactically cautious in the near term as policy uncertainty persists. Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
- Neutral Sentiment: Separately, Goldman Sachs was mentioned in coverage on oil and shipping flows through Hormuz, but that commentary appears more macro-focused than directly material to GS shares. Hormuz Reopens, Yet Businesses Warn Oil Crisis Isn’t Over
Insiders Place Their Bets
The Goldman Sachs Group Price Performance
Shares of GS opened at $1,099.46 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The stock’s 50 day moving average is $979.32 and its two-hundred day moving average is $919.74. The Goldman Sachs Group, Inc. has a twelve month low of $630.01 and a twelve month high of $1,125.00. The firm has a market capitalization of $324.35 billion, a PE ratio of 20.09, a P/E/G ratio of 1.43 and a beta of 1.30.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its 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 Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. During the same period in the prior year, the business posted $14.12 EPS. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. Research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.6 earnings per share for the current year.
The Goldman Sachs Group Dividend Announcement
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 $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.6%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. BMO Capital Markets lifted their target price on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a report on Monday, April 20th. JPMorgan Chase & Co. increased their price target on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. BNP Paribas Exane lowered their price objective on shares of The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. UBS Group lifted their price objective on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Finally, Citigroup upped their target price on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $941.82.
View Our Latest Stock Report on The Goldman Sachs Group
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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