W.G. Shaheen & Associates DBA Whitney & Co Makes New $1.16 Million Investment in The Goldman Sachs Group, Inc. $GS

Key Points

• W.G. Shaheen & Associates (Whitney & Co) opened a new position of 1,317 shares in The Goldman Sachs Group in Q4, valued at approximately $1.16 million.
• Institutional ownership stands at 71.21% with firms like Vanguard and Wellington increasing stakes, while corporate insiders have sold 32,001 shares worth about $30.37 million over the past 90 days.
• The firm beat Q1 EPS estimates ($17.55 vs. $15.92) on $17.23 billion of revenue and declared a quarterly dividend of $4.50 (annualized $18.00, ~2.0% yield).

W.G. Shaheen & Associates DBA Whitney & Co purchased a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,317 shares of the investment management company's stock, valued at approximately $1,158,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its holdings in shares of The Goldman Sachs Group by 110.8% in the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company's stock valued at $1,417,997,000 after buying an additional 936,015 shares during the period. Vanguard Group Inc. lifted its holdings in shares of 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 buying an additional 418,820 shares during the period. Danske Bank A S acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $178,941,000. Evergreen Capital Management LLC lifted its holdings in shares of The Goldman Sachs Group by 11,400.3% in the 3rd quarter. Evergreen Capital Management LLC now owns 212,180 shares of the investment management company's stock valued at $168,970,000 after buying an additional 210,335 shares during the period. Finally, AustralianSuper Pty Ltd acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $136,454,000. Institutional investors and hedge funds own 71.21% of the company's stock.

Wall Street Analyst Weigh In

GS has been the subject of several analyst reports. Royal Bank Of Canada reissued a "neutral" rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. UBS Group reaffirmed a "neutral" rating and issued a $930.00 price target on shares of The Goldman Sachs Group in a report on Monday, April 13th. Bank of America reduced their price target on 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. Morgan Stanley reduced their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating for the company in a report on Tuesday, March 31st. Finally, Evercore reduced their price target on The Goldman Sachs Group from $1,075.00 to $950.00 and set an "outperform" rating for the company in a report on Monday, April 6th. Nine equities research 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 Goldman Sachs Group currently has a consensus rating of "Hold" and an average price target of $922.71.

Insider Activity

In other news, EVP John F.W. Rogers sold 2,704 shares of the company's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $960.99, for a total value of $2,598,516.96. Following the completion of the sale, the executive vice president directly owned 9,428 shares in the company, valued at $9,060,213.72. This represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Denis P. Coleman sold 11,623 shares of the company's stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 29,342 shares of the company's stock, valued at $27,627,546.94. This trade represents a 28.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 32,001 shares of company stock worth $30,367,306 over the last ninety days. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $905.30 on Thursday. 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 stock has a 50 day moving average of $869.10 and a two-hundred day moving average of $865.95. The firm has a market cap of $267.06 billion, a P/E ratio of 16.54, a price-to-earnings-growth ratio of 1.21 and a beta of 1.32. The Goldman Sachs Group, Inc. has a 12 month low of $531.45 and a 12 month high of $984.70.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The business's revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the business earned $14.12 earnings per share. On average, analysts expect 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 business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be given a $4.50 dividend. The ex-dividend date is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. The Goldman Sachs Group's dividend payout ratio is 32.89%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman-led growth investments signal continued fee and alternatives momentum — Growth Equity at Goldman Sachs Alternatives co-led a $150M Series D in Hightouch (valuing it at $2.75B), and led Aidoc’s $150M Series E, demonstrating active deal flow that supports recurring fee income and alternative-assets revenues. Hightouch Raises $150 Million Aidoc Raises $150 Million
• Positive Sentiment: Further private investments (Kashable) and venture activity reinforce alternatives pipeline — Goldman committed up to $50M to Kashable and has other venture commitments that diversify revenue beyond trading. Goldman Sachs invests $50 million in Kashable
• Positive Sentiment: Institutional crypto exposure may add asset-management AUM — Reports show Goldman holds ~$153.8M in XRP ETF positions across funds, marking material institutional ETF involvement that could boost fees if crypto ETF flows continue. XRP Sees Strong Institutional Momentum
• Neutral Sentiment: Analyst activity highlights Goldman’s research influence but limited direct stock effect — Goldman’s coverage (upgrades/targets for other firms like Ceres, Williams, Land Securities) shows its market influence; these items tend to move covered names rather than GS shares. Ceres surges after Goldman Sachs ups target Goldman Sachs Upgrades Williams Companies
• Neutral Sentiment: Macro/research notes: commodity and market views could influence sector exposures — Goldman raised its Brent forecast and adjusted gold stance; these views matter for GS trading and prop exposures but are not immediate company-specific news. Goldman Just Raised Its Brent Forecast to $90 Goldman Tactically Cautious on Gold
• Negative Sentiment: Operational/regulatory concern: Goldman restricted Anthropic’s Claude AI access for Hong Kong bankers — Reports from Reuters and the FT say the bank removed Anthropic model access after a contract review, raising governance/security and client-service concerns in a key region. That headline is likely weighing on sentiment for a firm selling technology-enabled services. Goldman Sachs bars Hong Kong bankers Anthropic AI use Goldman stops bankers using Anthropic’s Claude
• Negative Sentiment: Market-risk commentary from Goldman strategists and signs of hedge-fund de-risking — Internal notes warning of a potential near-term correction and reporting that hedge funds are using rallies to offload risk can pressure trading volumes, market-making revenue and investor sentiment toward GS. Goldman Sachs Analyst Predicts Near-Term Market Correction Goldman Says Hedge Funds Use Rally to Offload Risk

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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