The Goldman Sachs Group, Inc. $GS Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance lifted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 7.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,474 shares of the investment management company’s stock after purchasing an additional 680 shares during the period. Independent Advisor Alliance’s holdings in The Goldman Sachs Group were worth $8,328,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of The Goldman Sachs Group by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after acquiring an additional 418,820 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of The Goldman Sachs Group by 1.9% in the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock worth $5,304,824,000 after acquiring an additional 121,676 shares in the last quarter. Invesco Ltd. increased its position in shares of The Goldman Sachs Group by 3.5% in the third quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock worth $2,319,905,000 after acquiring an additional 97,387 shares in the last quarter. Legal & General Group Plc increased its position in shares of The Goldman Sachs Group by 1.4% in the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after acquiring an additional 28,642 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of The Goldman Sachs Group by 110.8% in the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after acquiring an additional 936,015 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Citigroup lifted their target price on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a research report on Friday. HSBC lifted their target price on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. BNP Paribas Exane decreased their price target on shares of 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. UBS Group raised their price target on shares of The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $942.24.

The Goldman Sachs Group Price Performance

NYSE GS opened at $946.75 on Wednesday. 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 stock has a market capitalization of $279.30 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 1.22 and a beta of 1.28. The company has a 50 day moving average price of $872.96 and a two-hundred day moving average price of $875.09. The Goldman Sachs Group, Inc. has a 12-month low of $582.50 and a 12-month high of $984.70.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company’s revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company earned $14.12 earnings per share. As a group, equities analysts predict 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 disclosed 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 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s payout ratio is presently 32.89%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs announced it has further simplified its capital structure through a series redemption, a small but shareholder-friendly move that can improve efficiency and reduce complexity. Goldman Sachs Simplifies Capital Structure After Series Redemption
• Positive Sentiment: Goldman Sachs Alternatives acquired FGI Worldwide, expanding its private equity platform and adding to the firm’s alternatives and financing capabilities. Goldman Sachs Alternatives Acquires FGI Worldwide
• Positive Sentiment: Goldman’s research continues to support a constructive view on financial markets and client activity, including a call that non-hardware AI investment could exceed $1 trillion globally, which reinforces demand for advisory, financing, and capital markets services. Non-hardware AI investments could exceed $1tn globally in the coming years: GS
• Positive Sentiment: Citi raised its price target on Goldman Sachs to $930 from $765 while keeping a Neutral rating, signaling higher valuation expectations even without a bullish rating upgrade. The Goldman Sachs Group (GS) – Among the 14 Best Dividend Stocks to Buy for Steady Growth
• Neutral Sentiment: Goldman president John Waldron said the firm is using AI to automate parts of its workforce, but the company does not expect mass layoffs; the news highlights efficiency gains, though the long-term organizational impact is still uncertain. Goldman Sachs exec touts plans to automate ‘human assembly line’ with AI ‘robots’– and vows no mass layoffs
• Neutral Sentiment: Goldman also pushed back its Fed rate-cut outlook to December 2026, reflecting lingering inflation pressure; this could support net interest income longer, but it also underscores a more uncertain macro backdrop. US Stock Market: BofA, Goldman push back Fed easing forecasts amid inflation risks
• Negative Sentiment: Goldman’s strategists warned that the S&P 500’s move above 7,100 looks “frothy,” which may temper risk appetite across the market if investors rotate out of expensive equities. Goldman Sachs says the S&P 500’s run past 7,100 is ‘froth’ — a previous time Wall Street said that, a crash followed
• Negative Sentiment: Goldman Sachs also reiterated a Sell rating on Super Micro Computer, reinforcing that its analysts remain selective on individual stocks and cautious on companies with concentration risk. Goldman’s Katherine Murphy Reiterates Sell on Super Micro Computer, Keeps $30 Price Target Unchanged on Concentration Risks

Insider Transactions at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction on 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Alex S. Golten sold 1,116 shares of the business’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 26,824 shares of company stock worth $25,062,242. 0.55% of the stock is owned by insiders.

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.