2,665 Shares in The Goldman Sachs Group, Inc. $GS Acquired by Bluebird Wealth Management LLC

Key Points

• Bluebird Wealth Management bought a new position in The Goldman Sachs Group (NYSE:GS) of 2,665 shares valued at about $2.34M, roughly 2.2% of the firm's holdings and its 14th largest holding.
• Goldman beat Q1 estimates (EPS $17.55 vs $15.92; revenue $17.23B vs $16.66B) and is a founding partner in an ≈$1.5B AI‑services venture with Anthropic, a strategic move analysts say could reshape revenue mix and margins.
• Notable insider selling has occurred (CFO sold 11,623 shares; CAO sold 10,301; insiders sold 42,302 shares worth ~ $39.9M over 90 days) while analysts maintain a consensus "Hold" rating with an average price target of $926.29.

Bluebird Wealth Management LLC acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,665 shares of the investment management company's stock, valued at approximately $2,342,000. The Goldman Sachs Group comprises approximately 2.2% of Bluebird Wealth Management LLC's holdings, making the stock its 14th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. SFG Wealth Management LLC. increased its holdings in The Goldman Sachs Group by 3.4% in the fourth quarter. SFG Wealth Management LLC. now owns 452 shares of the investment management company's stock worth $397,000 after buying an additional 15 shares during the last quarter. Retirement Planning Group LLC grew its holdings in The Goldman Sachs Group by 25.0% during the fourth quarter. Retirement Planning Group LLC now owns 590 shares of the investment management company's stock valued at $519,000 after purchasing an additional 118 shares during the last quarter. WealthShield Partners LLC grew its holdings in The Goldman Sachs Group by 23.8% during the fourth quarter. WealthShield Partners LLC now owns 916 shares of the investment management company's stock valued at $805,000 after purchasing an additional 176 shares during the last quarter. Gateway Investment Advisers LLC grew its holdings in The Goldman Sachs Group by 0.5% during the fourth quarter. Gateway Investment Advisers LLC now owns 3,915 shares of the investment management company's stock valued at $3,441,000 after purchasing an additional 19 shares during the last quarter. Finally, K.J. Harrison & Partners Inc grew its holdings in The Goldman Sachs Group by 10.8% during the fourth quarter. K.J. Harrison & Partners Inc now owns 10,231 shares of the investment management company's stock valued at $8,993,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Wells Fargo & Company lowered their price target on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating on the stock in a report on Monday, April 13th. Autonomous Res lowered their price target on The Goldman Sachs Group from $1,047.00 to $960.00 and set an "outperform" rating on the stock in a report on Thursday, January 15th. Zacks Research downgraded The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Monday, March 16th. HSBC increased their price target on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday. Finally, Morgan Stanley lowered their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 31st. Nine investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $926.29.

Insiders Place Their Bets

In other news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $941.57, for a total value of $10,943,868.11. Following the completion of the sale, the chief financial officer directly owned 29,342 shares of the company's stock, valued at approximately $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of the firm's stock in a transaction 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 transaction, the chief accounting officer directly owned 6,338 shares of the company's stock, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 42,302 shares of company stock valued at $39,938,686 over the last ninety days. 0.55% of the stock is owned by insiders.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is a founding partner in a new, roughly $1.5B AI‑services venture with Anthropic (and PE partners) to embed Anthropic’s Claude models across portfolio and mid‑market companies — this creates distribution for AI services, potential recurring revenue, and deeper client relationships. Read More.
• Positive Sentiment: Goldman’s broader AI pivot and tech overhaul (firmwide efficiency push plus Anthropic partnership) reinforces a narrative of reshaping revenue mix and lowering costs over time — a strategic driver analysts cite for upside to EPS and margins. Read More.
• Positive Sentiment: Recent Q1 results beat consensus (EPS and revenue upside), underscoring trading/asset‑management momentum and supporting current valuation metrics. That print remains a near‑term fundamental tailwind. Read More.
• Neutral Sentiment: Daiwa raised its price target to $930 but kept a neutral rating — a modest signal on valuation without a buy endorsement. Read More.
• Neutral Sentiment: Goldman added members to its management committee and named a new chief administrative officer — governance/operational moves investors should note but that are unlikely to shift near‑term earnings. Read More.
• Neutral Sentiment: Macro/sector risk remains relevant — commentary about a potential Fed chair change and interest‑rate/volatility regime could redistribute bank winners and losers; this is a sector driver more than a GS‑specific catalyst. Read More.
• Negative Sentiment: Insider selling: Chief Accounting Officer Sheara J. Fredman sold 10,301 shares (substantial reduction of her holding) — a visible, short‑term negative signal that can weigh on sentiment even if sales have benign explanations. Read More.
• Negative Sentiment: Some sell‑side skepticism persists: certain firms (e.g., HSBC) kept conservative ratings/targets, signaling ongoing concerns about valuation and downside risk despite the AI narrative. Read More.

The Goldman Sachs Group Stock Up 2.1%

GS opened at $938.25 on Thursday. The Goldman Sachs Group, Inc. has a 1-year low of $547.74 and a 1-year high of $984.70. The company has a current ratio of 0.63, a quick ratio of 0.66 and a debt-to-equity ratio of 2.89. The stock has a market capitalization of $276.79 billion, a price-to-earnings ratio of 17.15, a P/E/G ratio of 1.18 and a beta of 1.28. The business has a 50 day moving average of $870.11 and a 200-day moving average of $869.90.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share 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 company had revenue of $17.23 billion during the quarter, compared to analysts' expectations of $16.66 billion. During the same period in the prior year, the business earned $14.12 earnings per share. The Goldman Sachs Group's revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be given a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio is currently 32.89%.

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.

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