Fideuram Asset Management Ireland dac Invests $5.85 Million in The Goldman Sachs Group, Inc. $GS

Key Points

• Fideuram Asset Management Ireland dac disclosed a new fourth-quarter stake in Goldman Sachs, buying 6,652 shares worth about $5.85 million.
• Goldman Sachs reported strong quarterly earnings, with EPS of $17.55 beating estimates and revenue of $17.23 billion topping expectations; revenue also rose 14.4% year over year.
• The company highlighted near-record M&A activity and upbeat dealmaking momentum, which could support future investment-banking and underwriting fees despite ongoing macro risks like inflation.

Fideuram Asset Management Ireland dac acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,652 shares of the investment management company's stock, valued at approximately $5,847,000.

Several other large investors have also modified their holdings of GS. Dagco Inc. bought a new stake in shares of The Goldman Sachs Group during the 4th quarter worth $25,000. Manning & Napier Advisors LLC boosted its position in shares of The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company's stock worth $27,000 after buying an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter worth $31,000. Entrust Financial LLC acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter worth $34,000. Finally, Graney & King LLC boosted its position in shares of The Goldman Sachs Group by 51.5% in the second quarter. Graney & King LLC now owns 50 shares of the investment management company's stock worth $35,000 after buying an additional 17 shares during the period. 71.21% of the stock is owned by institutional investors.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs said M&A activity is running near record levels in 2026, which supports higher investment-banking fees and points to stronger revenue ahead. Reuters article
• Positive Sentiment: The firm raised its year-end S&P 500 target to 8,000, citing robust earnings and AI-driven growth, reinforcing a constructive outlook for the broader market environment Goldman benefits from. MarketWatch article
• Positive Sentiment: Goldman’s comments that it is seeing near-record M&A volumes and broader dealmaking momentum are reinforcing hopes for continued strength in advisory and underwriting revenue. TipRanks article
• Positive Sentiment: Reports that Goldman Sachs is now the lead underwriter for SpaceX’s planned IPO add to expectations for a potentially high-profile fee-generating mandate. Seeking Alpha article
• Positive Sentiment: Recent earnings strength and a strong quarter continue to support the stock’s momentum, with Goldman’s shares staying near highs after solid results and improved investor sentiment. Yahoo Finance article
• Neutral Sentiment: Analyst and media coverage highlighting Goldman as a trending or high-valuation stock may keep attention on the name, but does not by itself change the fundamentals. Zacks article
• Negative Sentiment: Goldman’s COO warned that inflation remains the “single biggest risk” to the economy, a reminder that macro uncertainty could still pressure markets and deal activity. Yahoo Finance article

The Goldman Sachs Group Trading Up 1.2%

GS stock opened at $1,008.15 on Friday. The Goldman Sachs Group, Inc. has a 1-year low of $592.17 and a 1-year high of $1,016.53. The firm has a market cap of $297.41 billion, a P/E ratio of 18.42, a P/E/G ratio of 1.28 and a beta of 1.28. The business's 50 day moving average is $908.99 and its 200-day moving average is $891.19. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced 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 business had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The Goldman Sachs Group's revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the business earned $14.12 EPS. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued a $4.50 dividend. 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 payout ratio is presently 32.89%.

Analysts Set New Price Targets

GS has been the subject of several recent analyst reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Morgan Stanley decreased their target price 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 report on Tuesday, March 31st. Wells Fargo & Company decreased their target price on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating for the company in a research report on Monday, April 13th. BNP Paribas Exane decreased their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a "neutral" rating for the company in a research report on Friday, April 24th. Finally, Evercore reduced their price objective on The Goldman Sachs Group from $1,075.00 to $950.00 and set an "outperform" 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $943.95.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the company's stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the transaction, the chief financial officer owned 31,070 shares of the company's stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of the company's stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total value of $1,044,776.88. Following the transaction, the insider directly owned 2,578 shares in the company, valued at approximately $2,413,472.04. This represents a 30.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 33,681 shares of company stock worth $31,737,875 in the last quarter. 0.55% of the stock is owned by corporate 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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