Yahav Achim Ve Achayot Provident Funds Management Co Ltd. Purchases New Shares in The Goldman Sachs Group, Inc. $GS

Key Points

• Yahav Achim Ve Achayot Provident Funds Management opened a new position in Goldman Sachs during the fourth quarter, buying 1,902 shares valued at about $1.67 million. The stake now makes up roughly 3.8% of its portfolio and is its ninth-largest holding.
• Goldman Sachs posted strong quarterly results, with EPS of $17.55 beating estimates and revenue of $17.23 billion topping forecasts. Revenue rose 14.4% year over year, and analysts now expect full-year EPS of 59.08.
• The company also declared a quarterly dividend of $4.50 per share, payable June 29, which annualizes to $18.00 and implies a 1.7% yield. Meanwhile, analysts remain cautious overall, with a consensus rating of Hold and an average price target of $943.95.

Yahav Achim Ve Achayot Provident Funds Management Co Ltd. acquired a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,902 shares of the investment management company's stock, valued at approximately $1,672,000. The Goldman Sachs Group comprises about 3.8% of Yahav Achim Ve Achayot Provident Funds Management Co Ltd.'s portfolio, making the stock its 9th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in The Goldman Sachs Group by 1.5% during 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 last quarter. Fisher Asset Management LLC boosted its stake in The Goldman Sachs Group by 1.7% during 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 last quarter. Geode Capital Management LLC boosted its stake in The Goldman Sachs Group by 0.7% during 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 acquiring an additional 45,266 shares during the last quarter. 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 valued at $2,319,905,000 after acquiring an additional 97,387 shares during the last quarter. Finally, Norges Bank bought a new position in The Goldman Sachs Group during the 4th quarter valued at $2,515,830,000. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Trading Up 3.5%

Shares of NYSE:GS opened at $1,036.12 on Friday. The Goldman Sachs Group, Inc. has a fifty-two week low of $609.59 and a fifty-two week high of $1,098.36. The company has a market cap of $305.67 billion, a PE ratio of 18.93, a P/E/G ratio of 1.30 and a beta of 1.30. The company's 50-day moving average price is $953.27 and its 200 day moving average price is $908.78. 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 Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results 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 company had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The Goldman Sachs Group's revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm earned $14.12 EPS. Sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced 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. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio (DPR) is 32.89%.

Analysts Set New Price Targets

GS has been the topic of a number of research analyst reports. BNP Paribas Exane reduced their price objective on shares of The Goldman Sachs Group from $970.00 to $940.00 and set a "neutral" rating on the stock in a research note on Friday, April 24th. Jefferies Financial Group reduced their price target on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating on the stock in a research report on Monday, April 6th. Wells Fargo & Company reduced their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating on the stock in a research report on Monday, April 13th. Daiwa Securities Group raised their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 5th. Finally, Evercore reduced their price target on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an "outperform" rating on the stock in a research report on Monday, April 6th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $943.95.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs is being viewed as a potential beneficiary of a wave of AI-related IPOs and higher capital spending, with reports suggesting the bank could earn more underwriting, trading, and advisory fees if listings such as SpaceX, OpenAI, and Anthropic come to market. Forget the AI IPOs. Consider the Banks Bringing Them Public.
• Positive Sentiment: Several recent notes from Goldman Sachs point to continued strength in technology spending, including the view that hyperscaler AI capex forecasts are too conservative and that cybersecurity spending may be poised to inflect higher, both of which support optimism around Goldman’s markets and advisory activity. Goldman says consensus 2027 hyperscaler capex estimates are too conservative
• Positive Sentiment: Goldman Sachs’ own research activity is keeping the stock in focus, with multiple articles highlighting it as a trending name and implying investors are positioning around its earnings power and role in active deal and market cycles. Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
• Neutral Sentiment: Goldman Sachs also published a more cautious macro view on the labor market and oil prices, suggesting softer jobs data and lower long-term oil demand; these are more relevant to the broader economy than to GS directly, but they could affect market sentiment. Goldman Sachs drops contrarian take on the jobs market
• Negative Sentiment: News flow around Goldman’s leadership and governance remains a potential overhang, including scrutiny from U.S. lawmakers over the firm’s plan to keep top lawyer Kathy Ruemmler as an adviser despite Jeffrey Epstein ties. US lawmakers raise concern over Goldman's move to keep top lawyer as adviser despite Epstein ties
• Negative Sentiment: Some recent commentary is also questioning valuation, with bearish articles arguing Goldman’s stock may be expensive even though the business remains high quality, which can cap upside if investors rotate toward cheaper financial names. Goldman Sachs: Unimpeachable Bank, Impeachable Price

Insider Activity

In other news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the transaction, the chief financial officer directly owned 31,070 shares of the company's stock, valued at $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Alex S. Golten sold 1,116 shares of the firm's stock in a transaction that occurred 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 sale, the insider owned 2,578 shares of the company's stock, valued at approximately $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 33,681 shares of company stock valued at $31,737,875. 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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