Free Trial

Benjamin Edwards Inc. Acquires 1,673 Shares of The Goldman Sachs Group, Inc. $GS

The Goldman Sachs Group logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • Benjamin Edwards Inc. raised its stake in The Goldman Sachs Group by 23.8% in Q4, buying 1,673 shares to hold 8,714 shares valued at about $7.66 million.
  • Insiders sold heavily: EVP John F.W. Rogers sold 13,151 shares (avg ~$959) and CFO Denis P. Coleman sold 11,623 shares (avg ~$942), with insiders offloading 32,001 shares (~$30.4M) in the quarter and now owning 0.55% of the stock.
  • Strong quarter and payout: Goldman beat Q1 estimates (EPS $17.55 vs $15.92; revenue $17.23B vs $16.66B) and announced a quarterly dividend of $4.50 ($18 annualized, ~1.9% yield) payable June 29 (ex-dividend June 1).
  • Five stocks to consider instead of The Goldman Sachs Group.

Benjamin Edwards Inc. lifted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 23.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,714 shares of the investment management company's stock after purchasing an additional 1,673 shares during the period. Benjamin Edwards Inc.'s holdings in The Goldman Sachs Group were worth $7,660,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC raised its stake in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock valued at $1,989,000 after acquiring an additional 508 shares during the period. Revolve Wealth Partners LLC raised its stake in The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock valued at $508,000 after acquiring an additional 58 shares during the period. Sivia Capital Partners LLC raised its stake in The Goldman Sachs Group by 90.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock valued at $1,098,000 after acquiring an additional 735 shares during the period. Schnieders Capital Management LLC. raised its stake in The Goldman Sachs Group by 9.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company's stock valued at $581,000 after acquiring an additional 70 shares during the period. Finally, Main Street Financial Solutions LLC raised its stake in The Goldman Sachs Group by 22.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company's stock valued at $1,522,000 after acquiring an additional 391 shares during the period. 71.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling at The Goldman Sachs Group

In other news, EVP John F.W. Rogers sold 13,151 shares of the business's stock in a transaction dated Wednesday, February 11th. The stock was 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 owned 39,007 shares of the company's stock, valued at approximately $37,408,883.21. The trade was a 25.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer directly owned 29,342 shares of the company's stock, valued at $27,627,546.94. The trade was a 28.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,001 shares of company stock valued at $30,367,306 in the last quarter. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Stock Down 0.0%

GS stock opened at $923.32 on Monday. 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 firm has a market capitalization of $272.37 billion, a PE ratio of 16.87, a PEG ratio of 1.19 and a beta of 1.28. The Goldman Sachs Group, Inc. has a twelve month low of $547.06 and a twelve month high of $984.70. The stock has a 50-day simple moving average of $869.26 and a two-hundred day simple moving average of $867.57.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts' consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The company's quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $14.12 EPS. On average, equities analysts predict that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group's payout ratio is presently 32.89%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group lowered their price objective on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating on the stock in a research note on Monday, April 6th. Royal Bank Of Canada restated a "neutral" rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Rothschild & Co Redburn boosted their price objective on The Goldman Sachs Group from $839.00 to $870.00 and gave the company a "neutral" rating in a research note on Friday, April 17th. Bank of America lowered their price objective on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Finally, Evercore lowered their price objective on 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. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, The Goldman Sachs Group presently has a consensus rating of "Hold" and an average target price of $922.71.

Get Our Latest Stock Analysis on The Goldman Sachs Group

Trending Headlines about The Goldman Sachs Group

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

The Goldman Sachs Group Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in The Goldman Sachs Group Right Now?

Before you consider The Goldman Sachs Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Goldman Sachs Group wasn't on the list.

While The Goldman Sachs Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2026. Learn which stocks have the most short interest and how to trade them. Click the link to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines