Cadinha & Co. LLC Sells 17,898 Shares of The Goldman Sachs Group, Inc. $GS

Key Points

• Cadinha & Co. LLC reduced its stake in The Goldman Sachs Group (GS) by 93.6% in the fourth quarter, selling 17,898 shares and leaving 1,227 shares worth about $1.08M.
• Company insiders have been significant net sellers—CFO Denis P. Coleman sold 11,623 shares and Alex S. Golten sold 1,115 shares—totaling 34,003 shares worth roughly $32.2M over the past three months.
• Goldman posted a strong Q1 with revenue and EPS beats and announced a $4.50 quarterly dividend, while analyst views remain mixed (consensus "Hold" with an average target of about $924).

Cadinha & Co. LLC reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 93.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,227 shares of the investment management company's stock after selling 17,898 shares during the period. Cadinha & Co. LLC's holdings in The Goldman Sachs Group were worth $1,079,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GS. Hartline Investment Corp grew its position in shares of The Goldman Sachs Group by 153.3% during the 3rd quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company's stock worth $1,132,000 after buying an additional 860 shares during the period. A4 Wealth Advisors LLC acquired a new position in shares of The Goldman Sachs Group during the 3rd quarter worth about $940,000. Stevens Capital Management LP acquired a new position in shares of The Goldman Sachs Group during the 3rd quarter worth about $1,392,000. Meridian Wealth Management LLC grew its position in shares of The Goldman Sachs Group by 39.4% during the 3rd quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company's stock worth $1,857,000 after buying an additional 659 shares during the period. Finally, AlTi Global Inc. grew its position in shares of The Goldman Sachs Group by 87.3% during the 3rd quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company's stock worth $23,707,000 after buying an additional 13,879 shares during the period. 71.21% of the stock is currently owned by institutional investors.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman reported a strong Q1 (top‑ and bottom‑line beats) driven by an investment‑banking rebound and healthy revenue growth — the quarter supports near‑term earnings momentum and underpins buy/upgrade calls. After Solid Q1, Should You Hold or Fold Goldman at Current Level?
• Positive Sentiment: BMO and Argus raised/upped price targets or support ratings after Q1, signaling incremental analyst confidence that could limit downside if deal flow and markets stay constructive. Argus Research Maintains Buy on Goldman Sachs
• Positive Sentiment: Goldman Sachs Alternatives is investing $50M in BLP Digital (agentic AI for finance operations) — a strategic move that expands GS’s exposure to AI automation and potential fee/return streams in private markets. Goldman Sachs Alternatives Invests $50 Million in BLP Digital
• Positive Sentiment: Company announced a $4.50 quarterly dividend (annualized $18.00) — supports income investors and signals confidence in capital allocation and earnings durability. The Goldman Sachs Group Stock Info
• Neutral Sentiment: Goldman is publishing thought leadership on AI (the “world model” topic) and flagged that AI‑related stocks now account for a large share of the S&P — raises market‑level concentration risk but also highlights GS’s advisory/research positioning. Goldman tackles AI’s missing link
• Negative Sentiment: BofA lowered its GS price target (kept Buy) and flagged investor caution — a reminder some analysts see valuation risk even after the beat, which can cap near‑term upside. BofA Flags Investor Caution on Goldman
• Negative Sentiment: Insider selling: an executive disclosed sale of ~1,115 shares (~$1.0M), which can be interpreted by some investors as a near‑term negative sentiment signal even if routine. SEC Filing: Insider Sale
• Negative Sentiment: CEO comments warning of quick recession risk and volatile oil/pricing amid geopolitical tensions have amplified macro risk narratives that can pressure trading and advisory volumes. Solomon Warns on Recession Risk

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,115 shares of The Goldman Sachs Group stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $919.19, for a total value of $1,024,896.85. Following the sale, the insider owned 3,694 shares of the company's stock, valued at $3,395,487.86. This trade represents a 23.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group stock in a transaction dated Monday, February 9th. The shares were 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 in the company, valued at $27,627,546.94. This represents a 28.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 34,003 shares of company stock worth $32,216,641. 0.55% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GS. Barclays boosted their target price on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an "overweight" rating in a research report on Monday, January 5th. Evercore dropped 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. Argus raised their price objective on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a "buy" rating in a research note on Friday, January 16th. Bank of America dropped 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, Wells Fargo & Company dropped their price objective on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating on the stock in a research note on Monday, April 13th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of "Hold" and an average target price of $924.14.

The Goldman Sachs Group Stock Performance

GS opened at $931.35 on Friday. The business's 50-day moving average price is $868.37 and its two-hundred day moving average price is $861.39. The Goldman Sachs Group, Inc. has a 1 year low of $523.42 and a 1 year high of $984.70. The company has a market capitalization of $274.74 billion, a price-to-earnings ratio of 17.02, a P/E/G ratio of 1.20 and a beta of 1.32. The company has a debt-to-equity ratio of 2.56, a current ratio of 1.10 and a quick ratio of 0.66.

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

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group's dividend payout ratio (DPR) 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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