Farther Finance Advisors LLC Acquires 5,432 Shares of The Goldman Sachs Group, Inc. $GS

Key Points

• Farther Finance Advisors LLC boosted its stake in The Goldman Sachs Group by 128.1% in Q4, buying 5,432 shares to hold 9,671 shares valued at about $8.5 million.
• Insiders have been net sellers: Director David A. Viniar sold 45,000 shares (~$43.44M) and EVP John F.W. Rogers sold 13,151 shares, with insiders offloading 117,283 shares (~$112.0M) over the past 90 days.
• Goldman beat Q1 estimates, reporting $17.55 EPS vs. $15.92 expected and $17.23B revenue vs. $16.66B, and announced a $4.50 quarterly dividend ($18 annualized, 2.0% yield; ex-dividend June 1).

Farther Finance Advisors LLC boosted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 128.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,671 shares of the investment management company's stock after buying an additional 5,432 shares during the period. Farther Finance Advisors LLC's holdings in The Goldman Sachs Group were worth $8,500,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sage Mountain Advisors LLC lifted its stake in The Goldman Sachs Group by 2.2% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,363 shares of the investment management company's stock worth $2,077,000 after purchasing an additional 51 shares during the last quarter. Cura Wealth Advisors LLC bought a new stake in The Goldman Sachs Group during the fourth quarter worth about $241,000. Assetmark Inc. lifted its stake in The Goldman Sachs Group by 0.9% during the fourth quarter. Assetmark Inc. now owns 34,523 shares of the investment management company's stock worth $30,346,000 after purchasing an additional 292 shares during the last quarter. Norris Perne & French LLP MI lifted its stake in The Goldman Sachs Group by 25.9% during the fourth quarter. Norris Perne & French LLP MI now owns 437 shares of the investment management company's stock worth $384,000 after purchasing an additional 90 shares during the last quarter. Finally, JM2 Capital Inc. bought a new stake in The Goldman Sachs Group during the fourth quarter worth about $490,000. Institutional investors own 71.21% of the company's stock.

Insider Activity at The Goldman Sachs Group

In related news, Director David A. Viniar sold 45,000 shares of the business's stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the transaction, the director owned 555,000 shares in the company, valued at $535,758,150. The trade was a 7.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John F.W. Rogers sold 13,151 shares of the business's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the transaction, the executive vice president owned 39,007 shares in the company, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,283 shares of company stock worth $112,016,033 over the last 90 days. 0.55% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have issued reports on GS. Keefe, Bruyette & Woods lifted their price target on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a "market perform" rating in a research note on Friday, January 16th. Morgan Stanley dropped their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 31st. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of The Goldman Sachs Group in a research note on Monday. Evercore dropped their price target on The Goldman Sachs Group from $1,075.00 to $950.00 and set an "outperform" rating for the company in a research note on Monday, April 6th. Finally, Wells Fargo & Company dropped their price target on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating for the company in a research note on Monday. Eight investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $919.48.

The Goldman Sachs Group Trading Down 1.1%

NYSE GS opened at $899.31 on Thursday. The Goldman Sachs Group, Inc. has a 1-year low of $492.69 and a 1-year high of $984.70. The company has a current ratio of 1.10, a quick ratio of 0.66 and a debt-to-equity ratio of 2.56. The stock has a 50-day moving average of $868.49 and a 200-day moving average of $856.23. The firm has a market cap of $265.29 billion, a PE ratio of 16.43, a price-to-earnings-growth ratio of 1.20 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released 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 Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The company had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. During the same quarter in the previous year, the company posted $14.12 EPS. The Goldman Sachs Group's revenue for the quarter was up 14.4% on a year-over-year basis. As a group, sell-side analysts forecast 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. Investors 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 2.0%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group's payout ratio is currently 35.09%.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman filed for a new Bitcoin product — the "Goldman Sachs Bitcoin Premium Income ETF" aims to offer bitcoin exposure while generating current income via options strategies, expanding GSAM's fee‑bearing product set and following peers' moves into crypto ETFs. Goldman Sachs Seeks SEC Approval for New Bitcoin ETF
• Positive Sentiment: Spot and options‑based bitcoin ETFs saw large inflows the day of Goldman’s filing, suggesting investor appetite that could help asset‑management revenue if Goldman’s product attracts assets. Bitcoin ETFs post $412M in inflows as Goldman Sachs files for BTC ETF
• Neutral Sentiment: Goldman reported a strong Q1 (beat on EPS and revenue) and declared a $4.50 quarterly dividend — supportive fundamentals but already priced in and offset by trading concerns. Goldman Sachs Shows Strength Despite Q1 Earnings Sell-Off
• Neutral Sentiment: Regulatory and strategic moves: Goldman’s Innovator Capital deal and filings position it in options/ETF niches (helps product capability but long‑term payoff). Goldman Sachs Files for Bitcoin ETF as Banks Expand Crypto Offerings
• Negative Sentiment: Fixed‑income desk underperformance is the immediate driver: several reports say bond traders were "wrongfooted" by Iran war developments, producing a substantial miss in FICC revenue that left overall results disappointing relative to investor expectations. That operational miss is the principal reason shares are trading down. Goldman traders wrongfooted as Iran war upended interest rate expectations
• Negative Sentiment: Wall Street coverage flags the FICC shortfall as large (~$910M below expectations) and sparked calls for internal changes — analysts and investors cite the bond‑trading miss as the key near‑term risk to earnings momentum. Goldman Sachs bond traders stumbled as Wall Street rivals thrived

The Goldman Sachs Group Company 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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