Arizona State Retirement System lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,678 shares of the investment management company's stock after selling 4,925 shares during the period. Arizona State Retirement System's holdings in The Goldman Sachs Group were worth $74,432,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Dagco Inc. acquired a new stake in The Goldman Sachs Group during the fourth quarter valued at approximately $25,000. Harbor Capital Advisors Inc. acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter worth approximately $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at approximately $28,000. Corundum Trust Company INC bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at approximately $29,000. Finally, Graney & King LLC raised its position in shares of The Goldman Sachs Group by 51.5% during the 2nd quarter. Graney & King LLC now owns 50 shares of the investment management company's stock valued at $35,000 after acquiring an additional 17 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
GS has been the topic of several research analyst reports. BMO Capital Markets raised their price objective on The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a "market perform" rating in a research note on Monday. Morgan Stanley dropped their target price on shares of The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 31st. Wells Fargo & Company reduced their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating on the stock in a research report on Monday, April 13th. Daiwa Securities Group decreased their price target on shares of The Goldman Sachs Group from $940.00 to $891.00 and set a "neutral" rating for the company in a report on Tuesday, April 7th. Finally, BNP Paribas Exane boosted their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a "neutral" rating in a research report on Friday, January 16th. Eight research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company's stock. According to MarketBeat.com, The Goldman Sachs Group has an average rating of "Hold" and an average target price of $924.14.
Read Our Latest Stock Report on GS
Insider Buying and Selling at The Goldman Sachs Group
In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 13,151 shares of the company's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the sale, the executive vice president directly owned 39,007 shares of the company's stock, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Treasurer Carey Halio sold 2,846 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the completion of the transaction, the treasurer directly owned 2,017 shares in the company, valued at $1,870,101.89. This represents a 58.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 34,003 shares of company stock valued at $32,216,641. Corporate insiders own 0.55% of the company's stock.
The Goldman Sachs Group Trading Down 0.4%
Shares of NYSE:GS opened at $931.35 on Friday. The company has a 50 day moving average of $868.37 and a 200-day moving average of $861.39. The company has a current ratio of 1.10, a quick ratio of 0.66 and a debt-to-equity ratio of 2.56. The firm has a market cap of $274.74 billion, a P/E ratio of 17.02, a P/E/G ratio of 1.20 and a beta of 1.32. The Goldman Sachs Group, Inc. has a twelve month low of $523.42 and a twelve month high of $984.70.
The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.02%. The business's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the business earned $14.12 earnings per share. As a group, 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 company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be paid 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 yield of 1.9%. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 32.89%.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman reported a strong Q1 (top‑ and bottom‑line beats) driven by an investment‑banking rebound and healthy revenue growth — the quarter supports near‑term earnings momentum and underpins buy/upgrade calls. After Solid Q1, Should You Hold or Fold Goldman at Current Level?
- Positive Sentiment: BMO and Argus raised/upped price targets or support ratings after Q1, signaling incremental analyst confidence that could limit downside if deal flow and markets stay constructive. Argus Research Maintains Buy on Goldman Sachs
- Positive Sentiment: Goldman Sachs Alternatives is investing $50M in BLP Digital (agentic AI for finance operations) — a strategic move that expands GS’s exposure to AI automation and potential fee/return streams in private markets. Goldman Sachs Alternatives Invests $50 Million in BLP Digital
- Positive Sentiment: Company announced a $4.50 quarterly dividend (annualized $18.00) — supports income investors and signals confidence in capital allocation and earnings durability. The Goldman Sachs Group Stock Info
- Neutral Sentiment: Goldman is publishing thought leadership on AI (the “world model” topic) and flagged that AI‑related stocks now account for a large share of the S&P — raises market‑level concentration risk but also highlights GS’s advisory/research positioning. Goldman tackles AI’s missing link
- Negative Sentiment: BofA lowered its GS price target (kept Buy) and flagged investor caution — a reminder some analysts see valuation risk even after the beat, which can cap near‑term upside. BofA Flags Investor Caution on Goldman
- Negative Sentiment: Insider selling: an executive disclosed sale of ~1,115 shares (~$1.0M), which can be interpreted by some investors as a near‑term negative sentiment signal even if routine. SEC Filing: Insider Sale
- Negative Sentiment: CEO comments warning of quick recession risk and volatile oil/pricing amid geopolitical tensions have amplified macro risk narratives that can pressure trading and advisory volumes. Solomon Warns on Recession Risk
The Goldman Sachs Group Profile
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Free Report)
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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