The Goldman Sachs Group, Inc. $GS Shares Sold by Focus Partners Wealth

Key Points

• Focus Partners Wealth cut its Goldman Sachs stake by 22.8% in the fourth quarter, selling 81,156 shares and leaving it with 274,311 shares valued at about $241 million.
• Several large institutions, including Vanguard, State Street, Fisher Asset Management, and Geode Capital, increased their holdings, and institutional investors now own 71.21% of Goldman Sachs stock.
• Goldman Sachs reported strong quarterly results with EPS of $17.55 and revenue of $17.23 billion, both ahead of estimates, while also announcing a $4.50 quarterly dividend payable June 29.

Focus Partners Wealth lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 22.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 274,311 shares of the investment management company's stock after selling 81,156 shares during the quarter. Focus Partners Wealth owned 0.09% of The Goldman Sachs Group worth $241,011,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in The Goldman Sachs Group by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company's stock valued at $25,503,685,000 after acquiring an additional 418,820 shares during the period. State Street Corp grew its stake in The Goldman Sachs Group by 2.1% in the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company's stock valued at $17,197,444,000 after acquiring an additional 394,198 shares during the period. Fisher Asset Management LLC grew its stake in The Goldman Sachs Group by 1.7% in the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company's stock valued at $5,952,199,000 after acquiring an additional 110,134 shares during the period. Geode Capital Management LLC lifted its holdings in The Goldman Sachs Group by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company's stock valued at $5,896,795,000 after purchasing an additional 45,266 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in The Goldman Sachs Group by 3.5% during the 3rd quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company's stock worth $2,319,905,000 after purchasing an additional 97,387 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company's stock.

Insider Buying and Selling

In other news, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider owned 2,578 shares in the company, valued at $2,413,472.04. The trade was a 30.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the transaction, the insider owned 15,657 shares in the company, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 33,681 shares of company stock worth $31,737,875 in the last quarter. 0.55% of the stock is currently owned by insiders.

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $1,062.44 on Friday. 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 company has a fifty day simple moving average of $957.30 and a 200-day simple moving average of $909.86. The firm has a market capitalization of $313.43 billion, a price-to-earnings ratio of 19.42, a PEG ratio of 1.38 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly 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 Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same quarter in the previous year, the firm earned $14.12 EPS. The company's quarterly revenue was up 14.4% compared to the same quarter last year. On average, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 59.08 EPS 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. Stockholders of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group's payout ratio is currently 32.89%.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs is benefiting from high-profile underwriting and advisory work, including the SpaceX IPO and Prometheus’ massive funding round, both of which highlight stronger capital-markets activity and potential fee growth. SpaceX IPO Crowds Pre-Market Sentiment
• Positive Sentiment: Goldman Sachs’ optimistic 2026 market outlook and views that AI infrastructure spending could stay elevated support the investment-banking and markets narrative for GS. Goldman Sachs doubles down on stock market outlook for 2026
• Neutral Sentiment: JPMorgan raised its price target on Goldman Sachs but kept a neutral rating, suggesting valuation remains rich even after the stock’s strong run. JPMorgan adjusts price target on Goldman Sachs to 900 from 826
• Neutral Sentiment: Separate commentary that Goldman Sachs sees the market as trending higher and favors sectors tied to AI and growth is constructive, but it is more of a broad-market read than a direct company-specific catalyst. Goldman Sachs doubles down on stock market outlook for 2026

Analyst Ratings Changes

GS has been the subject of a number of research reports. Rothschild & Co Redburn upped their target price on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the stock a "neutral" rating in a report on Friday, April 17th. Bank of America dropped their target price on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating for the company in a report on Tuesday, April 14th. UBS Group upped their target price on shares of The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Daiwa Securities Group upped their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a "neutral" rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada reaffirmed a "neutral" rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company's stock. According to data from MarketBeat.com, The Goldman Sachs Group has an average rating of "Hold" and an average target price of $941.82.

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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