The Goldman Sachs Group, Inc. $GS Shares Sold by Bokf Na

Key Points

• Q1 beat: Goldman Sachs reported Q1 EPS of $17.55 vs. $15.92 expected and revenue of $17.23B (vs. $16.66B est.), with revenue up 14.4% year-over-year, supporting solid profitability and analyst forecasts.
• AI partnership: Goldman is a founding investor/partner with Anthropic and Blackstone in a new enterprise AI services firm to deploy Anthropic’s Claude across portfolio companies, a move that could generate recurring AI services revenue and reshape its revenue mix.
• Insider selling: Company insiders sold 42,302 shares last quarter (including CAO Sheara Fredman’s sale of 10,301 shares), totaling about $39.9M, a sizable disclosed reduction that some investors may view as a near‑term negative signal.

Bokf Na lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,479 shares of the investment management company's stock after selling 1,561 shares during the period. Bokf Na's holdings in The Goldman Sachs Group were worth $19,759,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GS. Brighton Jones LLC grew its holdings in shares of The Goldman Sachs Group by 17.1% in the 4th 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 grew its holdings in shares of The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock worth $508,000 after acquiring an additional 58 shares during the period. Sivia Capital Partners LLC grew its holdings in The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock valued at $1,098,000 after buying an additional 735 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings 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 valued at $581,000 after buying an additional 70 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in The Goldman Sachs Group by 22.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company's stock valued at $1,522,000 after buying an additional 391 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company's stock.

The Goldman Sachs Group Trading Up 1.7%

Shares of The Goldman Sachs Group stock opened at $918.35 on Wednesday. The Goldman Sachs Group, Inc. has a fifty-two week low of $547.06 and a fifty-two week high of $984.70. The firm has a market cap of $270.91 billion, a PE ratio of 16.78, a P/E/G ratio of 1.16 and a beta of 1.28. The business's fifty day moving average is $869.18 and its two-hundred day moving average is $868.63. The company has a quick ratio of 0.66, 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 issued its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping analysts' consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The company had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same quarter in the prior year, the company posted $14.12 EPS. The business's revenue for the quarter was up 14.4% compared to the same quarter last year. Analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio is currently 32.89%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GS. Wells Fargo & Company lowered their target price on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating on the stock in a report on Monday, April 13th. HSBC increased their target price on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Jefferies Financial Group lowered their target price on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating on the stock in a report on Monday, April 6th. Finally, Bank of America lowered their target price on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating on the stock in a report on Tuesday, April 14th. Nine investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $926.29.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman is a founding investor/partner in a new enterprise AI services firm with Anthropic and Blackstone to deploy Anthropic’s Claude across private-equity portfolio companies and mid-market firms — a move that could create recurring AI services revenue and deepen client relationships. Anthropic and Wall Street Giants Join Forces to Create New A.I. Firm
• Positive Sentiment: Coverage highlighting Goldman’s AI pivot — including a reported $1.5B Anthropic venture and firmwide tech overhaul — reinforces expectations that AI will reshape Goldman's revenue mix and cost base over the medium term. That narrative supports EPS/efficiency upside. Goldman's AI Pivot: Reshaping Revenues, Operations & Long-Term Growth
• Positive Sentiment: Goldman’s most recent quarter beat consensus (Q1 EPS $17.55 vs. $15.92 est., revenue $17.23B) — a reminder that core profitability and trading/asset management momentum underpin the stock’s valuation. The Goldman Sachs Group Trading Up 1.7%
• Neutral Sentiment: Daiwa Securities raised its price target on GS to $930 (maintaining a neutral rating), a modest upward signal on valuation but not a buy endorsement. Daiwa Securities Adjusts Price Target on Goldman Sachs to $930
• Neutral Sentiment: Macro/interest-rate positioning remains relevant: commentary about a potential Fed chair shift (Kevin Warsh) could redistribute bank-sector winners and losers depending on future rate and volatility dynamics. This is a sector-level risk/opp rather than a GS-specific development. The New Fed Chair Trade: Who Wins When Warsh Takes the Helm?
• Negative Sentiment: Insider selling: GS Chief Accounting Officer Sheara J. Fredman sold 10,301 shares at about $929, cutting her holding ~62% — a sizeable disclosed sale that some investors may view as a near-term negative signal (though insiders sell for many reasons). Insider Sale: Sheara J. Fredman
• Negative Sentiment: HSBC raised its price target but kept a "reduce" rating on GS, signaling that some sell-side analysts still see downside/valuation risk despite the AI narrative. HSBC Adjusts Price Target on Goldman Sachs to $765

Insiders Place Their Bets

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 10,301 shares of the stock in a transaction on 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 transaction, the chief accounting officer owned 6,338 shares of the company's stock, valued at $5,889,079.46. This represents a 61.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP John F.W. Rogers sold 13,151 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the transaction, the executive vice president directly owned 39,007 shares in the company, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 42,302 shares of company stock worth $39,938,686. 0.55% of the stock is owned by company insiders.

About The Goldman Sachs Group

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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