Clifford Swan Investment Counsel LLC Purchases 723 Shares of The Goldman Sachs Group, Inc. $GS

Clifford Swan Investment Counsel LLC boosted its position in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 5.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,693 shares of the investment management company’s stock after buying an additional 723 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in The Goldman Sachs Group were worth $12,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Dagco Inc. bought a new stake in The Goldman Sachs Group in the 4th quarter valued at $25,000. Manning & Napier Advisors LLC boosted its stake in The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in The Goldman Sachs Group in the 4th quarter valued at $31,000. Entrust Financial LLC bought a new stake in The Goldman Sachs Group in the 4th quarter valued at $34,000. Finally, Graney & King LLC boosted its stake in The Goldman Sachs Group by 51.5% in the 2nd quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 17 shares during the period. 71.21% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction on Friday, May 1st. The stock was 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 owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. The trade was 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 business’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 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 33,681 shares of company stock worth $31,737,875 over the last 90 days. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Roundup

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

  • Positive Sentiment: Goldman Sachs is being positioned to benefit from a wave of high-profile IPO activity, with reports saying it is a lead bookrunner on SpaceX and will help lead Anthropic’s offering, reinforcing optimism about future banking and advisory revenue.
  • Positive Sentiment: Goldman Sachs is also expanding its digital-assets push, launching a tokenized real estate fund with partners including Apex Group and Archax, which may support the firm’s image as an innovator in blockchain and asset tokenization.
  • Neutral Sentiment: Several articles highlighted Goldman Sachs research and executives commenting positively on AI-driven market trends and investor appetite, but these were mostly commentary rather than direct company-specific financial updates.
  • Neutral Sentiment: Goldman Sachs analysts also issued or adjusted ratings on other companies such as Broadcom, Accenture, Q2 Holdings, and Hewlett Packard Enterprise; these moves reflect the firm’s broader research activity but are not direct catalysts for GS shares.
  • Negative Sentiment: There was also a recent note that Goldman Sachs shares had dipped more than the broader market in an earlier session, suggesting some volatility, though the latest news flow is more supportive overall.

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $1,093.03 on Friday. 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, Inc. has a 52 week low of $592.90 and a 52 week high of $1,095.90. The stock has a market capitalization of $322.46 billion, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 1.34 and a beta of 1.30. The stock has a fifty day moving average of $932.60 and a 200-day moving average of $899.87.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings results 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 Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same quarter in the previous year, the firm earned $14.12 EPS. The Goldman Sachs Group’s revenue was up 14.4% on a year-over-year basis. On average, sell-side analysts expect 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 firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.6%. The Goldman Sachs Group’s payout ratio is 32.89%.

Wall Street Analyst Weigh In

GS has been the subject of several recent research reports. Citigroup boosted their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. UBS Group lifted their price objective on The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. HSBC lifted their price objective on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. BNP Paribas Exane dropped their price objective 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. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Nine investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $943.95.

Check Out Our Latest Stock Report on GS

The Goldman Sachs Group Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GSFree Report).

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.