Sharpepoint LLC Buys New Shares in The Goldman Sachs Group, Inc. $GS

Key Points

• Sharpepoint LLC disclosed a new position in The Goldman Sachs Group, buying 1,005 shares in the fourth quarter worth about $883,000.
• Institutional ownership remains heavy, with hedge funds and other investors holding 71.21% of Goldman Sachs shares, while several other firms also added to or initiated positions.
• Insider activity has leaned negative recently: Kathryn H. Ruemmler and Sheara J. Fredman both sold shares, and insiders sold 33,681 shares total over the last 90 days.

Sharpepoint LLC bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,005 shares of the investment management company's stock, valued at approximately $883,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Stevens Capital Management LP acquired a new position in The Goldman Sachs Group in the third quarter valued at $1,392,000. Advisors Asset Management Inc. increased its stake in The Goldman Sachs Group by 12.7% in the third quarter. Advisors Asset Management Inc. now owns 29,399 shares of the investment management company's stock valued at $23,412,000 after purchasing an additional 3,305 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in The Goldman Sachs Group by 3.9% in the fourth 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 purchasing an additional 8,154 shares in the last quarter. M&G PLC bought a new stake in The Goldman Sachs Group in the third quarter valued at $1,939,000. Finally, Rathbones Group PLC increased its stake in The Goldman Sachs Group by 12.6% in the third quarter. Rathbones Group PLC now owns 276,364 shares of the investment management company's stock valued at $220,082,000 after purchasing an additional 30,825 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company's stock.

Insider Buying and Selling at The Goldman Sachs Group

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the business's stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the sale, the insider directly owned 15,657 shares of the company's stock, valued at $14,703,018.99. The trade was a 47.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Sheara J. Fredman sold 10,301 shares of the business's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the sale, the chief accounting officer directly owned 6,338 shares of the company's stock, valued at approximately $5,889,079.46. The trade was a 61.91% 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 sold 33,681 shares of company stock valued at $31,737,875. Insiders own 0.55% of the company's stock.

Analyst Ratings Changes

GS has been the subject of several research analyst reports. HSBC lifted their price target on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. BMO Capital Markets lifted their price target on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the company a "market perform" rating in a research note on Monday, April 20th. Dbs Bank lifted their price target on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. Morgan Stanley decreased their price target 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 note on Tuesday, March 31st. Finally, Wells Fargo & Company decreased their price target on shares of 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, April 13th. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $943.95.

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

The Goldman Sachs Group Trading Down 3.0%

NYSE:GS opened at $1,000.58 on Thursday. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a 50-day moving average of $949.45 and a 200-day moving average of $906.94. The company has a market cap of $295.18 billion, a PE ratio of 18.29, a PEG ratio of 1.33 and a beta of 1.30. The Goldman Sachs Group, Inc. has a one year low of $609.59 and a one year high of $1,098.36.

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 firm's revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $14.12 earnings per share. As a group, equities research analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS 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 given a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 annualized dividend and a dividend yield of 1.8%. The Goldman Sachs Group's payout ratio is presently 32.89%.

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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