Y Intercept Hong Kong Ltd Has $12.71 Million Holdings in The Goldman Sachs Group, Inc. $GS

Key Points

• Y Intercept Hong Kong Ltd increased its Goldman Sachs stake by 12.2% in the first quarter, ending with 15,030 shares valued at about $12.71 million.
• Goldman Sachs reported strong quarterly earnings, posting $17.55 EPS versus $15.92 expected and revenue of $17.23 billion, while revenue rose 14.4% year over year.
• The company also paid a quarterly dividend of $4.50 per share, equal to an annualized $18.00 and a 1.8% yield; meanwhile, analysts currently rate the stock a consensus Hold with an average price target of $974.18.

Y Intercept Hong Kong Ltd increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 12.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,030 shares of the investment management company's stock after purchasing an additional 1,631 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in The Goldman Sachs Group were worth $12,715,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GS. Brighton Jones LLC increased its position in shares of The Goldman Sachs Group by 17.1% in the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock valued at $1,989,000 after acquiring an additional 508 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock valued at $508,000 after purchasing an additional 58 shares during the last quarter. Sivia Capital Partners LLC grew its stake in The Goldman Sachs Group by 90.1% in the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock valued at $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. grew its stake in The Goldman Sachs Group by 9.3% in the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company's stock valued at $581,000 after purchasing an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its position in shares of 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 worth $1,522,000 after purchasing an additional 391 shares during the last quarter. Institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Stock Up 0.2%

GS opened at $1,022.00 on Friday. The Goldman Sachs Group, Inc. has a 1-year low of $691.30 and a 1-year high of $1,125.00. The stock's fifty day simple moving average is $1,004.08 and its 200 day simple moving average is $932.24. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The stock has a market cap of $301.50 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 1.31 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping analysts' consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The firm had revenue of $17.23 billion during the quarter, compared to analysts' expectations of $16.66 billion. During the same period in the previous year, the business posted $14.12 earnings per share. The company's revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, research analysts expect that The Goldman Sachs Group, Inc. will post 60.18 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 1st were paid a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, June 1st. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 32.89%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GS. Royal Bank Of Canada reiterated a "neutral" rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. UBS Group boosted their target price on shares of The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Oppenheimer lowered shares of The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a research report on Tuesday. Jefferies Financial Group cut their price target on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating for the company in a research note on Monday, April 6th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the company a "neutral" rating in a research report on Friday, June 12th. Ten research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of "Hold" and an average price target of $974.18.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Financial stocks were broadly higher, which supports Goldman Sachs alongside the wider banking sector. A stronger tape for financials can help GS even without company-specific news. Sector Update: Financial Stocks Advance Late Afternoon
• Positive Sentiment: Goldman Sachs contributed $1,000 to “Trump Accounts” for eligible children of employees, a move that signals continued support for employee benefits and could be viewed favorably from a corporate culture and retention standpoint. Goldman Sachs Contributes to ‘Trump Accounts' for Children of Its Employees
• Positive Sentiment: Market commentary highlighted Goldman’s bullish market stance, including its view that investors are still keeping meaningful exposure to equities and that the firm remains constructive on stocks heading into the second half. That optimism can support sentiment toward GS’s trading and advisory franchise. Goldman Sachs doubles down on stock market outlook for 2026
• Positive Sentiment: Goldman was also mentioned as being among the big banks that passed the Fed stress test and are planning dividend increases, which is typically supportive for bank stocks because it points to strong capital levels and shareholder returns. 3 Big Banks Plan Double Digit Dividend Increases After Passing Fed Stress Test
• Neutral Sentiment: Goldman’s private-credit fund reportedly saw relatively low redemption pressure, suggesting stability in that part of the business, though the direct stock impact is limited. Goldman private credit fund escapes redemption pressure again
• Neutral Sentiment: Several articles focused on Goldman analysts’ macro views, including signs of tech rotation and European equity resilience. These are informative for sentiment but are not direct catalysts for GS shares. Goldman’s Garrett sees investors dialing back tech exposure into H2

Insider Activity at The Goldman Sachs Group

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of the company's stock in a transaction dated Wednesday, May 6th. The shares were 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction that occurred 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 completion of the sale, the insider owned 2,578 shares of the company's stock, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is currently owned by corporate 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.

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.