Triasima Portfolio Management inc. Raises Holdings in The Goldman Sachs Group, Inc. $GS

Key Points

• Triasima Portfolio Management increased its stake in The Goldman Sachs Group by 39.1% in Q4, adding 2,049 shares to hold 7,287 shares valued at about $6.405 million, according to its latest 13F filing.
• Goldman Sachs beat Q1 expectations with earnings of $17.55 per share versus a $15.92 consensus and reported revenue of $17.23 billion (up 14.4% year‑over‑year).
• The firm announced a quarterly dividend of $4.50 (annualized $18.00), implying a ~1.9% yield, with an ex‑dividend date of June 1 and payment on June 29.

Triasima Portfolio Management inc. increased its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 39.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,287 shares of the investment management company's stock after acquiring an additional 2,049 shares during the period. Triasima Portfolio Management inc.'s holdings in The Goldman Sachs Group were worth $6,405,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Ascent Wealth Partners LLC grew its holdings in shares of The Goldman Sachs Group by 0.8% in the 4th quarter. Ascent Wealth Partners LLC now owns 7,178 shares of the investment management company's stock worth $6,309,000 after acquiring an additional 55 shares during the period. Leslie Global Wealth LLC acquired a new stake in shares of The Goldman Sachs Group in the 4th quarter worth approximately $657,000. Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of The Goldman Sachs Group by 3.0% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,258 shares of the investment management company's stock worth $2,864,000 after acquiring an additional 94 shares during the period. Varma Mutual Pension Insurance Co grew its holdings in shares of The Goldman Sachs Group by 10.1% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 60,200 shares of the investment management company's stock worth $52,916,000 after acquiring an additional 5,500 shares during the period. Finally, Sun Financial Inc acquired a new stake in shares of The Goldman Sachs Group in the 4th quarter worth approximately $1,412,000. Institutional investors and hedge funds own 71.21% of the company's stock.

The Goldman Sachs Group Price Performance

GS stock opened at $923.32 on Monday. The Goldman Sachs Group, Inc. has a 52-week low of $547.06 and a 52-week high of $984.70. The stock's fifty day simple moving average is $869.26 and its 200-day simple moving average is $867.57. The company has a quick ratio of 0.66, a current ratio of 1.10 and a debt-to-equity ratio of 2.56. The stock has a market capitalization of $272.37 billion, a price-to-earnings ratio of 16.87, a price-to-earnings-growth ratio of 1.19 and a beta of 1.28.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The business had revenue of $17.23 billion for the quarter, compared to analysts' expectations of $16.66 billion. During the same quarter last year, the firm earned $14.12 earnings per share. The business's revenue was up 14.4% on a year-over-year basis. Equities research analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Monday, June 1st. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group's dividend payout ratio (DPR) is 32.89%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on GS shares. UBS Group restated a "neutral" rating and issued a $930.00 price target on shares of The Goldman Sachs Group in a report on Monday, April 13th. Daiwa Securities Group lowered their price target on shares of The Goldman Sachs Group from $940.00 to $891.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Bank of America lowered their price target on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating on the stock in a research report on Tuesday, April 14th. Finally, Keefe, Bruyette & Woods increased their target price on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a "market perform" rating in a report on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $922.71.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman is a partner in a reported $1.5 billion Anthropic joint venture with Blackstone to deliver enterprise AI tools and services to private-equity portfolio companies — a direct business opportunity for Goldman in advisory, distribution and private markets fees. Anthropic Eyes $1.5 Billion Joint Venture with Blackstone, Goldman Sachs
• Positive Sentiment: Goldman Research staff appear bullish on broader market upside (S&P 500 target commentary cited in an AI stocks roundup), which supports risk-on positioning and underwriting activity that can benefit Goldman’s trading and investment banking businesses. 10 Most Promising AI Stocks to Invest In
• Neutral Sentiment: Goldman analysts say Japan has the capacity to repeat yen interventions many times at recent scales — a macro insight that markets follow but is unlikely to move Goldman’s fundamentals directly. Japan Can Conduct 30 More Yen Interventions, Goldman Sachs Says
• Neutral Sentiment: Goldman’s commodity research finds Russia’s crude exports have remained fairly stable despite recent U.S. sanctions — important for oil market context but only indirectly tied to Goldman’s core revenue drivers. Russia's Crude Exports Fairly Stable Despite U.S. Sanctions, Goldman Says
• Negative Sentiment: Goldman’s own research warning that the AI “boom” is seeing returns lag spending introduces skepticism about durable revenue gains from AI adoption — this can pressure AI-related stock valuations and trading volumes. AI boom faces reality check as returns lag behind massive spending
• Negative Sentiment: Goldman research noting hedge funds are cutting tech positions at the fastest pace in a decade is a headwind for tech/AI flow-driven trading and could reduce fee/trading volatility that benefits Goldman. Hedge Funds Dump Tech Stocks at Fastest Rate in a Decade, Goldman Sachs Reports

Insider Transactions at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 11,623 shares of the firm's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the sale, the chief financial officer owned 29,342 shares in the company, valued at $27,627,546.94. This trade represents a 28.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alex S. Golten sold 1,116 shares of the firm's stock in a transaction on 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 sale, the insider owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,001 shares of company stock worth $30,367,306 over the last quarter. 0.55% of the stock is currently owned by insiders.

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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