Pictet Asset Management Holding SA Has $173.37 Million Position in The Goldman Sachs Group, Inc. $GS

Pictet Asset Management Holding SA lowered its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 197,217 shares of the investment management company's stock after selling 21,842 shares during the quarter. Pictet Asset Management Holding SA owned 0.07% of The Goldman Sachs Group worth $173,373,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Concord Asset Management LLC VA grew its holdings in The Goldman Sachs Group by 1.4% during the fourth quarter. Concord Asset Management LLC VA now owns 5,790 shares of the investment management company's stock valued at $5,090,000 after purchasing an additional 81 shares during the period. Inscription Capital LLC grew its holdings in The Goldman Sachs Group by 4.9% during the fourth quarter. Inscription Capital LLC now owns 9,481 shares of the investment management company's stock valued at $8,334,000 after purchasing an additional 446 shares during the period. Concord Wealth Partners raised its stake in The Goldman Sachs Group by 4.6% during the 4th quarter. Concord Wealth Partners now owns 5,901 shares of the investment management company's stock worth $5,187,000 after buying an additional 259 shares during the period. Elevated Financial Group LLC bought a new position in The Goldman Sachs Group during the fourth quarter worth about $1,089,000. Finally, Facet Wealth Inc. lifted its holdings in The Goldman Sachs Group by 24.4% during the fourth quarter. Facet Wealth Inc. now owns 1,096 shares of the investment management company's stock worth $1,027,000 after acquiring an additional 215 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Barclays lifted their target price on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an "overweight" rating in a report on Monday, January 5th. BNP Paribas Exane reduced their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a "neutral" rating on the stock in a report on Friday. Argus lifted their target price on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a "buy" rating in a report on Friday, January 16th. Weiss Ratings raised The Goldman Sachs Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday. Finally, Zacks Research cut The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. Nine investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $922.71.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman has raised its oil-price forecasts (Brent to roughly $90 in Q4), which lifts the bank’s trading, commodities revenue outlook and energy M&A/underwriting opportunities. Goldman Sachs raises oil price forecast as war disruption drags on
• Positive Sentiment: Goldman predicts a multi‑trillion-dollar M&A wave driven by AI and PE exits — a direct tailwind for investment‑banking fees and advisory revenue. Goldman Sachs (GS) Predicts $3.8 Trillion M&A Wave Fueled by AI and Private Equity Sales
• Positive Sentiment: Goldman is advising/positioned on large deals (including being listed among banks to benefit from the SpaceX IPO), which supports future underwriting and advisory fee flow. Gladman Sachs (GS) Is One Of The Stocks To Buy Before SpaceX IPO
• Positive Sentiment: Goldman Alternatives led a $60M Series C in fintech Kashable — signals growth in fee‑generating private markets/alternatives capabilities. Goldman Sachs Alternatives Announces Strategic Investment in Kashable
• Positive Sentiment: Goldman was hired for a strategic review/advisory role on data‑center/PDG matters — a direct source of near‑term investment‑banking fees. AI Boom Fuels Data Center Deals As PDG Considers Potential Stake Sale
• Neutral Sentiment: Goldman’s trading desk warned of potential market pullback (pension‑fund rebalancing etc.), which is a macro headwind for markets but not specific to GS’s business model. Pension-fund rebalancing and other red flags that suggest a stock-market pullback is nearing, according to Goldman Sachs
• Neutral Sentiment: Goldman scaled back a quantum‑computing push after feasibility concerns (small write/readjustment reported); limited near‑term P&L impact but signals caution on long‑horizon tech bets. Goldman Pulls Back After 8 Million Qubit Reality Check, JPMorgan Presses On
• Negative Sentiment: Insider sales totaling roughly $138M over the past year were reported — a potential negative for near‑term sentiment/ownership optics even if routine. Goldman Sachs Group Insiders Sold US$138m Of Shares Suggesting Hesitancy

Insider Transactions at The Goldman Sachs Group

In other news, 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 sale, the chief financial officer directly owned 29,342 shares in the company, valued at $27,627,546.94. The trade was a 28.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO David M. Solomon sold 272 shares of the business's stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $938.92, for a total value of $255,386.24. Following the completion of the sale, the chief executive officer owned 125,527 shares in the company, valued at approximately $117,859,810.84. This trade represents a 0.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 32,273 shares of company stock valued at $30,622,692. 0.55% of the stock is currently owned by company insiders.

The Goldman Sachs Group Price Performance

NYSE GS opened at $937.52 on Tuesday. The business has a 50 day simple moving average of $869.47 and a 200 day simple moving average of $864.54. The Goldman Sachs Group, Inc. has a 52-week low of $531.45 and a 52-week high of $984.70. The stock has a market cap of $276.56 billion, a price-to-earnings ratio of 17.13, a PEG ratio of 1.19 and a beta of 1.32. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.66 and a current ratio of 1.10.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating analysts' consensus estimates of $15.92 by $1.63. The company had revenue of $17.23 billion for 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 period in the previous year, the company posted $14.12 earnings per share. Analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share 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. Stockholders of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group's payout ratio is 32.89%.

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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