Tulsa Wealth Advisors INC Makes New Investment in The Goldman Sachs Group, Inc. $GS

Tulsa Wealth Advisors INC bought a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the 4th quarter, HoldingsChannel.com reports. The firm bought 613 shares of the investment management company’s stock, valued at approximately $539,000.

Several other institutional investors and hedge funds also recently made changes to their positions in GS. Norges Bank purchased a new position in shares of The Goldman Sachs Group in the 4th quarter worth approximately $2,515,830,000. Corient Private Wealth LLC increased its position in shares of The Goldman Sachs Group by 1,657.7% during the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after acquiring an additional 2,448,767 shares during the last quarter. Wellington Management Group LLP increased its position in shares of The Goldman Sachs Group by 110.8% during the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after acquiring an additional 936,015 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in The Goldman Sachs Group by 428.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock worth $488,947,000 after acquiring an additional 450,984 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in The Goldman Sachs Group by 1.5% during 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 during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 10,301 shares of the 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 owned 6,338 shares in the company, valued at $5,889,079.46. This trade represents a 61.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the completion of the transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their position. 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. 0.55% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on GS shares. Zacks Research downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. BNP Paribas Exane lowered their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Citigroup boosted their price target on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Daiwa Securities Group increased their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Finally, Dbs Bank raised their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus price target of $941.82.

The Goldman Sachs Group Price Performance

Shares of NYSE 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 has a fifty day simple moving average of $979.32 and a two-hundred day simple moving average of $919.74. The Goldman Sachs Group, Inc. has a 1-year low of $630.01 and a 1-year high of $1,125.00. The firm has a market cap of $324.35 billion, a price-to-earnings ratio of 20.09, a price-to-earnings-growth ratio of 1.43 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same period in the previous year, the company posted $14.12 earnings per share. The business’s revenue was up 14.4% on a year-over-year basis. Analysts anticipate that The Goldman Sachs Group, Inc. will post 59.6 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors 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 annualized dividend and a yield of 1.6%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

Trending Headlines about The Goldman Sachs Group

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

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.