Sapient Capital LLC Acquires 818 Shares of The Goldman Sachs Group, Inc. $GS

Sapient Capital LLC increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 294.2% during the first quarter, Holdings Channel reports. The fund owned 1,096 shares of the investment management company’s stock after acquiring an additional 818 shares during the quarter. Sapient Capital LLC’s holdings in The Goldman Sachs Group were worth $927,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in The Goldman Sachs Group during the fourth quarter worth $2,515,830,000. Corient Private Wealth LLC raised its position in shares of The Goldman Sachs Group by 1,657.7% in 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 purchasing an additional 2,448,767 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of The Goldman Sachs Group during the 1st quarter worth about $2,024,921,000. Bank of America Corp DE lifted its stake in shares of The Goldman Sachs Group by 8.0% during the 1st quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock worth $5,460,875,000 after buying an additional 476,977 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of The Goldman Sachs Group by 428.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock worth $488,947,000 after buying an additional 450,984 shares during the period. Institutional investors own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on GS. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Rothschild & Co Redburn upped their target price on The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Wells Fargo & Company increased their target price on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Finally, Zacks Research raised The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $1,062.86.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman’s latest quarterly results showed substantial earnings and revenue beats, reinforcing the strength of its trading, investment banking, and investment-management businesses. The results provide the clearest fundamental support for the stock’s recent performance.
• Positive Sentiment: Roger Altman said markets are continuing to absorb geopolitical tensions, energy shocks, and higher interest rates, suggesting resilient risk appetite that could support Goldman’s market-making and capital-markets operations. Top Wall Street Veteran: The Stock Market Is Shrugging Off Every Major Headwind
• Neutral Sentiment: Goldman launched autocallable notes tied to Meta Platforms stock, demonstrating continued structured-products activity. The announcement may modestly highlight the firm’s product capabilities but is not expected to materially change earnings by itself. Goldman Sachs Launches Autocallable Notes Tied to Meta Platforms Stock
• Neutral Sentiment: Goldman disclosed that its stake in Turkey’s Kardemir exceeded 5%, a regulatory ownership update rather than a direct change to the company’s operating outlook. Goldman Sachs Lifts Kardemir Stake Above 5% Threshold
• Neutral Sentiment: Goldman’s research points to a valuation pullback in Big Tech and a narrowing gap between technology stocks and the rest of the market. This could create rotation and trading opportunities, although it also signals greater uncertainty around equity valuations. The Gap Between Big Tech and the Rest of the Market Just Vanished
• Negative Sentiment: Chief Global Equity Strategist Peter Oppenheimer warned that, while there may not be a valuation bubble, there could be an “earnings bubble.” The caution raises concerns that slowing profit growth could eventually pressure market activity and investor sentiment. Wall Street’s Bulls Are Starting to Admit the Earnings Bubble Is Real

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction on 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 $30,248,198.50. This trade represents a 18.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total value of $13,421,188.44. Following the completion of the transaction, the insider directly owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,027.61 on Tuesday. The Goldman Sachs Group, Inc. has a 52 week low of $705.55 and a 52 week high of $1,153.99. The company has a debt-to-equity ratio of 2.83, a quick ratio of 0.63 and a current ratio of 1.11. The firm’s 50-day simple moving average is $1,053.24 and its 200 day simple moving average is $955.30. The firm has a market cap of $303.16 billion, a price-to-earnings ratio of 15.86, a P/E/G ratio of 1.03 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The firm had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. During the same quarter in the previous year, the firm posted $10.91 EPS. The business’s revenue for the quarter was up 39.4% compared to the same quarter last year. As a group, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a $5.00 dividend. The ex-dividend date is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 27.78%.

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.