The Goldman Sachs Group, Inc. $GS Position Boosted by Xponance LLC

Xponance LLC raised its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 4.5% during the 4th quarter, HoldingsChannel reports. The fund owned 47,451 shares of the investment management company’s stock after purchasing an additional 2,023 shares during the period. Xponance LLC’s holdings in The Goldman Sachs Group were worth $41,709,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dagco Inc. purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $25,000. Manning & Napier Advisors LLC grew its stake in The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 23 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $31,000. Entrust Financial LLC purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $34,000. Finally, Joseph Group Capital Management purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 3.5%

Shares of The Goldman Sachs Group stock opened at $1,036.12 on Friday. The stock has a 50-day simple moving average of $953.27 and a 200-day simple moving average of $908.78. 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 current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $305.67 billion, a price-to-earnings ratio of 18.93, a P/E/G ratio of 1.30 and a beta of 1.30.

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 for the quarter, topping 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 during the quarter, compared to analyst estimates of $16.66 billion. During the same period in the previous year, the company earned $14.12 EPS. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. On average, equities research analysts expect that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently announced 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. This represents a $18.00 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s payout ratio is 32.89%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs is being viewed as a potential beneficiary of a wave of AI-related IPOs and higher capital spending, with reports suggesting the bank could earn more underwriting, trading, and advisory fees if listings such as SpaceX, OpenAI, and Anthropic come to market. Forget the AI IPOs. Consider the Banks Bringing Them Public.
• Positive Sentiment: Several recent notes from Goldman Sachs point to continued strength in technology spending, including the view that hyperscaler AI capex forecasts are too conservative and that cybersecurity spending may be poised to inflect higher, both of which support optimism around Goldman’s markets and advisory activity. Goldman says consensus 2027 hyperscaler capex estimates are too conservative
• Positive Sentiment: Goldman Sachs’ own research activity is keeping the stock in focus, with multiple articles highlighting it as a trending name and implying investors are positioning around its earnings power and role in active deal and market cycles. Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
• Neutral Sentiment: Goldman Sachs also published a more cautious macro view on the labor market and oil prices, suggesting softer jobs data and lower long-term oil demand; these are more relevant to the broader economy than to GS directly, but they could affect market sentiment. Goldman Sachs drops contrarian take on the jobs market
• Negative Sentiment: News flow around Goldman’s leadership and governance remains a potential overhang, including scrutiny from U.S. lawmakers over the firm’s plan to keep top lawyer Kathy Ruemmler as an adviser despite Jeffrey Epstein ties. US lawmakers raise concern over Goldman’s move to keep top lawyer as adviser despite Epstein ties
• Negative Sentiment: Some recent commentary is also questioning valuation, with bearish articles arguing Goldman’s stock may be expensive even though the business remains high quality, which can cap upside if investors rotate toward cheaper financial names. Goldman Sachs: Unimpeachable Bank, Impeachable Price

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on GS. HSBC lifted their price target on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Morgan Stanley reduced their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Bank of America reduced their price target on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Jefferies Financial Group reduced their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $943.95.

Insider Buying and Selling

In related news, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $929.17, for a total value of $9,571,380.17. Following the completion of the sale, the chief accounting officer directly owned 6,338 shares in the company, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their position. The transaction 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 business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,681 shares of company stock valued at $31,737,875 in the last quarter. Company insiders own 0.55% of the company’s stock.

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.