The Goldman Sachs Group, Inc. $GS Shares Bought by Cacti Asset Management LLC

Key Points

• Cacti Asset Management increased its Goldman Sachs stake by 11.8% to 187,758 shares, making GS its largest holding (~10.3% of the firm's portfolio) valued at about $167.5 million.
• Company insiders have been net sellers — CFO Denis P. Coleman sold 11,623 shares and Director David A. Viniar sold 45,000 shares, with insiders offloading 117,283 shares worth roughly $112.0 million in the last 90 days (insiders now own 0.55%).
• Goldman beat quarterly estimates with $13.55 EPS (vs. $11.52 est.) and $15.71B revenue (vs. $14.30B est.), and raised its quarterly dividend to $4.50 ($18 annual, 2.2% yield) from $4.00.

Cacti Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 11.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 187,758 shares of the investment management company's stock after purchasing an additional 19,877 shares during the quarter. The Goldman Sachs Group comprises about 10.3% of Cacti Asset Management LLC's holdings, making the stock its biggest holding. Cacti Asset Management LLC owned about 0.06% of The Goldman Sachs Group worth $167,514,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of The Goldman Sachs Group by 17.1% during the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock worth $1,989,000 after acquiring an additional 508 shares during the period. Revolve Wealth Partners LLC boosted its holdings in The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock valued at $508,000 after purchasing an additional 58 shares during the period. Sivia Capital Partners LLC boosted its holdings in The Goldman Sachs Group by 90.1% in the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock valued at $1,098,000 after purchasing an additional 735 shares during the period. Schnieders Capital Management LLC. grew its stake in The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company's stock worth $581,000 after purchasing an additional 70 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in The Goldman Sachs Group by 13.0% during the 2nd quarter. Kingsview Wealth Management LLC now owns 5,011 shares of the investment management company's stock worth $3,547,000 after purchasing an additional 576 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company's stock.

Insiders Place Their Bets

In related news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $941.57, for a total value of $10,943,868.11. Following the transaction, the chief financial officer directly owned 29,342 shares of the company's stock, valued at $27,627,546.94. This trade represents a 28.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David A. Viniar sold 45,000 shares of The Goldman Sachs Group stock in a transaction on 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 sale, the director owned 555,000 shares in the company, valued at $535,758,150. This represents a 7.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is currently owned by company insiders.

The Goldman Sachs Group Trading Up 1.6%

GS opened at $807.28 on Wednesday. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70. The company has a market cap of $239.56 billion, a P/E ratio of 15.74, a PEG ratio of 0.97 and a beta of 1.34. The business's 50-day simple moving average is $904.79 and its 200-day simple moving average is $845.08.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to analysts' expectations of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The firm's revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $11.95 earnings per share. As a group, equities research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be given a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. This is a boost from The Goldman Sachs Group's previous quarterly dividend of $4.00. The Goldman Sachs Group's payout ratio is presently 35.09%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on GS shares. Jefferies Financial Group increased their price target on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a "buy" rating in a research report on Tuesday, January 6th. Rothschild & Co Redburn boosted their price objective on The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a "neutral" rating in a research report on Friday, December 12th. Bank of America raised their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a "buy" rating in a report on Friday, January 16th. Autonomous Res decreased their price target on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an "outperform" rating for the company in a research note on Thursday, January 15th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of The Goldman Sachs Group in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, The Goldman Sachs Group presently has an average rating of "Hold" and an average price target of $919.29.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman doubled down on a very bullish S&P 500 call (S&P 7,600 by end-2026), reinforcing its role as a market-leading research shop and supporting potential advisory/trading flows if the call gains investor traction. Goldman Sachs doubles down on bold S&P 500 forecast
• Positive Sentiment: Goldman Sachs Asset Management is targeting a $13B raise for a junior-debt fund, signaling fee-income growth in AM that can help diversify revenue away from cyclical IB trading. Goldman Sachs AM Targets $13 Billion
• Positive Sentiment: Goldman is among banks advising Reliance on the Jio IPO — a large potential mandate that could generate significant underwriting and advisory fees if the deal proceeds. Reliance said to work with six banks for Jio’s upcoming IPO
• Positive Sentiment: Goldman’s research is promoting energy picks with double-digit upside and dividends — favorable for trading commissions and asset-management inflows into energy strategies amid the oil shock. Goldman Sachs Top Energy Picks
• Neutral Sentiment: GS is aggressively expanding private credit (targeting a ~$300B portfolio by 2029) — a major growth opportunity for fee and interest income but one that increases balance-sheet credit exposure. Goldman’s Expansion in Private Credit
• Neutral Sentiment: Nomura hired ex-Goldman Connolly to boost derivatives sales — a modest talent loss but not material to Goldman’s overall scale; watch for any compounding talent departures. Nomura Hires Ex-Goldman’s Connolly
• Negative Sentiment: Goldman reports and market data show hedge funds are aggressively shorting financials — a headwind for GS equity performance and sentiment in the near term. Hedge funds 'aggressively' short financial stocks
• Negative Sentiment: An ex-Goldman CEO warned about private-credit risks possibly becoming the next financial stress point — a reputational and risk-management flag given GS’s private-credit build-out. Ex-Goldman CEO Sounds Alarm on Private Credit
• Negative Sentiment: Goldman’s own research warns the Middle East shock is concentrating pain in refined fuels (diesel, jet fuel) and rising fuel-oil prices and crack spreads lift inflation/PCE forecasts — macro pressure that can hurt risk assets and trading volatility patterns. Diesel Above $5 For The First Time Since 2022 Global Fuel Oil Prices Surge

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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