AE Wealth Management LLC Trims Stake in The Goldman Sachs Group, Inc. $GS

Key Points

• AE Wealth Management cut its stake in The Goldman Sachs Group by 23.8%, selling 20,564 shares and ending the quarter with 65,994 shares valued at about $58.0 million, while overall institutional ownership stands at 71.21% and several large funds also adjusted positions.
• Goldman Sachs posted a strong Q1 beat with EPS $17.55 vs. $15.92 and revenue $17.23 billion (up 14.4% year‑over‑year), and declared a quarterly dividend of $4.50 per share ($18 annual, ~2.0% yield).
• Insiders sold roughly 49,097 shares (~$46.2 million) in the past 90 days including sales by the EVP and CFO, while analysts remain mixed (consensus rating: Hold, average target $919.48) and a ~ $900M FICC revenue miss has weighed on the stock.

AE Wealth Management LLC cut its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 23.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,994 shares of the investment management company's stock after selling 20,564 shares during the period. AE Wealth Management LLC's holdings in The Goldman Sachs Group were worth $58,011,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Fisher Asset Management LLC grew its holdings in shares of The Goldman Sachs Group by 1.9% in the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company's stock worth $5,304,824,000 after purchasing an additional 121,676 shares during the last quarter. Invesco Ltd. grew its holdings in shares of The Goldman Sachs Group by 3.5% in the third quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company's stock worth $2,319,905,000 after purchasing an additional 97,387 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of The Goldman Sachs Group by 1.4% in the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company's stock worth $1,680,393,000 after purchasing an additional 28,642 shares during the last quarter. Wellington Management Group LLP grew its holdings in The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company's stock worth $1,417,997,000 after acquiring an additional 936,015 shares in the last quarter. Finally, Bank of Montreal Can increased its position in The Goldman Sachs Group by 9.4% during the 3rd quarter. Bank of Montreal Can now owns 1,410,511 shares of the investment management company's stock valued at $1,123,260,000 after purchasing an additional 121,522 shares during the period. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock opened at $899.50 on Friday. The firm has a market capitalization of $265.34 billion, a P/E ratio of 16.44, a PEG ratio of 1.17 and a beta of 1.32. The company has a quick ratio of 0.66, a current ratio of 1.10 and a debt-to-equity ratio of 2.56. The company has a 50 day moving average price of $868.70 and a 200 day moving average price of $856.53. The Goldman Sachs Group, Inc. has a 52 week low of $494.68 and a 52 week high of $984.70.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.02%. The company had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. During the same period last year, the firm posted $14.12 EPS. The Goldman Sachs Group's revenue for the quarter was up 14.4% compared to the same quarter last year. Sell-side analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be given a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 35.09%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. BMO Capital Markets cut their target price on shares of The Goldman Sachs Group from $985.00 to $905.00 and set a "market perform" rating on the stock in a research report on Monday, April 6th. Rothschild & Co Redburn cut their target price on shares of The Goldman Sachs Group from $843.00 to $839.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 7th. Wells Fargo & Company cut their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating on the stock in a research report on Monday. Bank of America cut their target price on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating on the stock in a research report on Tuesday. Finally, BNP Paribas Exane raised their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a "neutral" rating in a research report on Friday, January 16th. Eight research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $919.48.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman filed for a “Bitcoin Premium Income” ETF that would seek current income while providing bitcoin exposure — the move expands asset‑management revenue opportunities and taps strong demand for crypto ETFs. Goldman Sachs Seeks SEC Approval for New Bitcoin ETF
• Positive Sentiment: Goldman’s underlying fundamentals remain supportive: the firm reported a strong Q1 with revenue and EPS beats and continues to benefit from advisory, trading in other businesses, and asset‑management flows — a base that can limit downside after the trading miss. Goldman Sachs Shows Strength Despite Q1 Earnings Sell-Off
• Positive Sentiment: Major U.S. banks, including Goldman, are running large buybacks (part of a record wave across lenders), which supports the stock by boosting EPS and reducing float. Largest US banks spend record $33bn on share buybacks
• Neutral Sentiment: Goldman research continues to move markets (e.g., fresh coverage on NVDA and corporate price‑target shifts), which supports fee and trading franchise credibility but is a mixed, indirect driver for GS shares. Goldman Sachs just found a reason to like Nvidia stock again
• Neutral Sentiment: Major brokerages have generally maintained neutral or reiterated ratings on GS, keeping analyst coverage steady rather than triggering large directional moves. RBC Remains Neutral on Goldman Sachs
• Negative Sentiment: Goldman’s fixed‑income (rates) desk materially underperformed peers after market moves tied to the Iran war and shifting rate expectations; FICC revenue missed estimates by roughly $900M, a headline event that is weighing on the stock and prompting internal remediation. Goldman Sachs bond traders stumbled as Wall Street rivals thrived
• Negative Sentiment: Financial stocks broadly were lower in afternoon trading, which drags on GS as a major financial-sector name amid macro uncertainty. Sector Update: Financial Stocks Decline in Afternoon Trading
• Negative Sentiment: Some institutions (e.g., Bank of America) have trimmed expectations for GS, adding analyst caution that can cap near‑term upside. Bank of America Lowers Expectations for The Goldman Sachs Group

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 13,151 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the transaction, the executive vice president directly owned 39,007 shares of the company's stock, valued at approximately $37,408,883.21. This trade represents a 25.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Denis P. Coleman sold 11,623 shares of the firm's stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the transaction, the chief financial officer directly owned 29,342 shares of the company's stock, valued at $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,097 shares of company stock worth $46,195,364 in the last ninety days. 0.55% of the stock is owned by company insiders.

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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