Capital Wealth Planning LLC Reduces Stock Holdings in The Goldman Sachs Group, Inc. $GS

Key Points

• Capital Wealth Planning LLC trimmed its Goldman Sachs stake by 5.2% in the fourth quarter, selling 51,637 shares. The firm still owns 935,946 shares worth about $834.1 million, and Goldman remains its largest position.
• Goldman Sachs reported strong quarterly results, posting EPS of $17.55 versus expectations of $15.92 and revenue of $17.23 billion versus $16.66 billion expected. Revenue rose 14.4% year over year, and analysts now expect full-year EPS of 59.53.
• The company also announced a quarterly dividend of $4.50 per share, or $18.00 annualized, implying a 1.8% yield. Meanwhile, Wall Street’s overall view remains cautious, with a consensus rating of “Hold” and a target price of $943.95.

Capital Wealth Planning LLC reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 935,946 shares of the investment management company's stock after selling 51,637 shares during the quarter. The Goldman Sachs Group accounts for 5.4% of Capital Wealth Planning LLC's holdings, making the stock its biggest position. Capital Wealth Planning LLC owned about 0.31% of The Goldman Sachs Group worth $834,141,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in GS. Stevens Capital Management LP acquired a new position in The Goldman Sachs Group in the 3rd quarter valued at approximately $1,392,000. Advisors Asset Management Inc. increased its stake in The Goldman Sachs Group by 12.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 29,399 shares of the investment management company's stock valued at $23,412,000 after buying an additional 3,305 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in The Goldman Sachs Group by 3.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 215,482 shares of the investment management company's stock valued at $189,409,000 after buying an additional 8,154 shares during the period. M&G PLC acquired a new position in The Goldman Sachs Group in the 3rd quarter valued at approximately $1,939,000. Finally, Rathbones Group PLC increased its stake in The Goldman Sachs Group by 12.6% in the 3rd quarter. Rathbones Group PLC now owns 276,364 shares of the investment management company's stock valued at $220,082,000 after buying an additional 30,825 shares during the period. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Stock Performance

GS stock opened at $1,000.58 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89. The company has a market capitalization of $295.18 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 1.33 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 12 month low of $609.59 and a 12 month high of $1,098.36. The firm has a 50 day moving average of $949.45 and a two-hundred day moving average of $906.94.

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 EPS for the quarter, topping the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $14.12 earnings per share. As a group, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio is currently 32.89%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman continues to benefit from its role in a potential rebound in capital-markets activity, with reports that it could earn fees from a wave of AI-related IPOs and that its bankers are competing for top underwriting roles on high-profile listings. Article Title
• Positive Sentiment: The firm’s trading and investing franchise is also drawing attention after Goldman disclosed stakes in Qiagen and other activity that signals continued deal flow and portfolio exposure. Article Title
• Neutral Sentiment: Goldman’s own research and market commentary on rates, AI jobs, and bank regulation remain in focus, but these are more background themes than direct stock-moving catalysts. Article Title
• Negative Sentiment: Investors are reacting to new scrutiny from U.S. lawmakers over Goldman’s decision to keep top lawyer Kathy Ruemmler as an adviser despite her reported Epstein ties, adding governance and reputational overhang. Article Title
• Negative Sentiment: Separately, reports that an outgoing Goldman executive opposed David Solomon’s support for Ruemmler are keeping the story alive and may reinforce investor concerns about internal management judgment. Article Title
• Negative Sentiment: Bearish commentary around insiders selling shares and articles questioning whether GS is still attractive at current levels are also adding pressure on sentiment. Article Title

Wall Street Analyst Weigh In

Several research analysts have weighed in on GS shares. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Rothschild & Co Redburn boosted their target price on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the stock a "neutral" rating in a research report on Friday, April 17th. Dbs Bank boosted their target price on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Morgan Stanley decreased their target price on shares of The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 31st. Finally, Jefferies Financial Group decreased their target price on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating for the company in a research report on Monday, April 6th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $943.95.

Insider Activity

In related news, insider Alex S. Golten sold 1,116 shares of the company's stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the sale, the insider directly owned 2,578 shares of the company's stock, valued at approximately $2,413,472.04. This represents a 30.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the company's stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the sale, the insider directly owned 15,657 shares of the company's stock, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,681 shares of company stock valued at $31,737,875 in the last quarter. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Profile

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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