Hodges Capital Management Inc. Has $7.57 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Hodges Capital Management Inc. raised its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,609 shares of the investment management company’s stock after buying an additional 664 shares during the quarter. Hodges Capital Management Inc.’s holdings in The Goldman Sachs Group were worth $7,568,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Townsquare Capital LLC increased its holdings in The Goldman Sachs Group by 3.4% in the 4th quarter. Townsquare Capital LLC now owns 667 shares of the investment management company’s stock valued at $586,000 after buying an additional 22 shares during the period. Wellspring Financial Advisors LLC increased its holdings in The Goldman Sachs Group by 117.0% in the 4th quarter. Wellspring Financial Advisors LLC now owns 727 shares of the investment management company’s stock valued at $639,000 after buying an additional 392 shares during the period. Myriad Asset Management Advisors LLC bought a new stake in The Goldman Sachs Group in the 4th quarter valued at $5,027,000. Zions Bancorporation National Association UT increased its holdings in The Goldman Sachs Group by 194.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 2,271 shares of the investment management company’s stock valued at $1,996,000 after buying an additional 1,500 shares during the period. Finally, GWN Securities Inc. increased its holdings in The Goldman Sachs Group by 37.7% in the 4th quarter. GWN Securities Inc. now owns 781 shares of the investment management company’s stock valued at $687,000 after buying an additional 214 shares during the period. Institutional investors own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman continues to benefit from its role in a potential rebound in capital-markets activity, with reports that it could earn fees from a wave of AI-related IPOs and that its bankers are competing for top underwriting roles on high-profile listings. Article Title
• Positive Sentiment: The firm’s trading and investing franchise is also drawing attention after Goldman disclosed stakes in Qiagen and other activity that signals continued deal flow and portfolio exposure. Article Title
• Neutral Sentiment: Goldman’s own research and market commentary on rates, AI jobs, and bank regulation remain in focus, but these are more background themes than direct stock-moving catalysts. Article Title
• Negative Sentiment: Investors are reacting to new scrutiny from U.S. lawmakers over Goldman’s decision to keep top lawyer Kathy Ruemmler as an adviser despite her reported Epstein ties, adding governance and reputational overhang. Article Title
• Negative Sentiment: Separately, reports that an outgoing Goldman executive opposed David Solomon’s support for Ruemmler are keeping the story alive and may reinforce investor concerns about internal management judgment. Article Title
• Negative Sentiment: Bearish commentary around insiders selling shares and articles questioning whether GS is still attractive at current levels are also adding pressure on sentiment. Article Title

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GS shares. BMO Capital Markets boosted their price target 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. reissued a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Weiss Ratings lowered shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Evercore reduced their target price on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. Finally, Citigroup boosted 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 research note on Friday, May 8th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group currently has an average rating of “Hold” and a consensus price target of $943.95.

The Goldman Sachs Group Stock Down 3.0%

Shares of NYSE:GS opened at $1,000.58 on Thursday. The Goldman Sachs Group, Inc. has a 52 week low of $609.59 and a 52 week high of $1,098.36. 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 company’s fifty day moving average is $949.45 and its 200-day moving average is $906.94. The company has a market capitalization of $295.18 billion, a PE ratio of 18.29, a P/E/G ratio of 1.33 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 EPS for the quarter, beating the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same quarter in the previous year, the company earned $14.12 EPS. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. Equities research analysts predict that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be given a dividend of $4.50 per share. The ex-dividend date is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

Insider Activity at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 1,116 shares of the company’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 in the company, valued at $2,413,472.04. This represents a 30.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the company’s 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 transaction, the chief financial officer owned 31,070 shares in the company, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,681 shares of company stock worth $31,737,875 in the last 90 days. Corporate insiders own 0.55% of the company’s stock.

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.