The Goldman Sachs Group, Inc. $GS Position Raised by Xponance LLC

Key Points

• Xponance LLC increased its Goldman Sachs stake by 4.5% in the fourth quarter, bringing its holdings to 47,451 shares valued at about $41.7 million. Other institutions also added positions, and institutional investors now own 71.21% of the stock.
• Goldman Sachs reported strong quarterly results, posting EPS of $17.55 versus consensus estimates of $15.92 and revenue of $17.23 billion, both above expectations. Revenue rose 14.4% year over year, and the firm also reported a 16.53% return on equity.
• The company announced a quarterly dividend of $4.50 per share, payable June 29 to shareholders of record on June 1, implying an annualized dividend of $18.00 and a 1.7% yield. Meanwhile, analysts remain cautious overall, with a consensus rating of “Hold” and a price target near $943.95.

Xponance LLC raised its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 4.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 47,451 shares of the investment management company's stock after buying an additional 2,023 shares during the quarter. Xponance LLC's holdings in The Goldman Sachs Group were worth $41,709,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Canopy Partners LLC raised its stake in shares of The Goldman Sachs Group by 11.8% during the fourth quarter. Canopy Partners LLC now owns 977 shares of the investment management company's stock valued at $859,000 after purchasing an additional 103 shares in the last quarter. Wescott Financial Advisory Group LLC raised its stake in shares of The Goldman Sachs Group by 3.8% during the fourth quarter. Wescott Financial Advisory Group LLC now owns 2,730 shares of the investment management company's stock valued at $2,400,000 after purchasing an additional 100 shares in the last quarter. SmartHarvest Portfolios LLC bought a new stake in shares of The Goldman Sachs Group during the fourth quarter valued at about $1,327,000. Lyell Wealth Management LP raised its stake in shares of The Goldman Sachs Group by 11.4% during the fourth quarter. Lyell Wealth Management LP now owns 654 shares of the investment management company's stock valued at $575,000 after purchasing an additional 67 shares in the last quarter. Finally, Marest Capital LLC raised its stake in shares of The Goldman Sachs Group by 1.5% during the fourth quarter. Marest Capital LLC now owns 3,758 shares of the investment management company's stock valued at $3,303,000 after purchasing an additional 54 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,036.12 on Friday. The business's 50-day moving average price is $953.27 and its 200 day moving average price is $908.78. The firm has a market cap of $305.67 billion, a P/E ratio of 18.93, a PEG ratio of 1.30 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52-week low of $609.59 and a 52-week high of $1,098.36. 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 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 (EPS) for the quarter, topping analysts' consensus estimates of $15.92 by $1.63. The firm 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 16.53% 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 company earned $14.12 earnings per share. As a group, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.7%. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 32.89%.

Insider Buying and Selling

In related news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value 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 trade represents a 18.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction dated 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 completion of the transaction, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This represents a 30.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 33,681 shares of company stock worth $31,737,875. Company insiders own 0.55% of the company's stock.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs is being viewed as a potential beneficiary of a wave of AI-related IPOs and higher capital spending, with reports suggesting the bank could earn more underwriting, trading, and advisory fees if listings such as SpaceX, OpenAI, and Anthropic come to market. Forget the AI IPOs. Consider the Banks Bringing Them Public.
• Positive Sentiment: Several recent notes from Goldman Sachs point to continued strength in technology spending, including the view that hyperscaler AI capex forecasts are too conservative and that cybersecurity spending may be poised to inflect higher, both of which support optimism around Goldman’s markets and advisory activity. Goldman says consensus 2027 hyperscaler capex estimates are too conservative
• Positive Sentiment: Goldman Sachs’ own research activity is keeping the stock in focus, with multiple articles highlighting it as a trending name and implying investors are positioning around its earnings power and role in active deal and market cycles. Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
• Neutral Sentiment: Goldman Sachs also published a more cautious macro view on the labor market and oil prices, suggesting softer jobs data and lower long-term oil demand; these are more relevant to the broader economy than to GS directly, but they could affect market sentiment. Goldman Sachs drops contrarian take on the jobs market
• Negative Sentiment: News flow around Goldman’s leadership and governance remains a potential overhang, including scrutiny from U.S. lawmakers over the firm’s plan to keep top lawyer Kathy Ruemmler as an adviser despite Jeffrey Epstein ties. US lawmakers raise concern over Goldman's move to keep top lawyer as adviser despite Epstein ties
• Negative Sentiment: Some recent commentary is also questioning valuation, with bearish articles arguing Goldman’s stock may be expensive even though the business remains high quality, which can cap upside if investors rotate toward cheaper financial names. Goldman Sachs: Unimpeachable Bank, Impeachable Price

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the company a "neutral" rating in a research note on Friday, May 8th. JPMorgan Chase & Co. restated a "neutral" rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Royal Bank Of Canada reaffirmed a "neutral" rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. UBS Group lifted their target price on The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Finally, Daiwa Securities Group lifted their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a "neutral" rating in a report on Tuesday, May 5th. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of "Hold" and a consensus price target of $943.95.

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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