Northbridge Financial Group LLC Makes New Investment in The Goldman Sachs Group, Inc. $GS

Northbridge Financial Group LLC purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,142 shares of the investment management company’s stock, valued at approximately $1,004,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GS. Brighton Jones LLC raised its position in 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 worth $1,989,000 after acquiring an additional 508 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after buying an additional 58 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of 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 buying an additional 735 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of 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 buying an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in shares of The Goldman Sachs Group by 22.2% in the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock valued at $1,522,000 after buying an additional 391 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the company’s stock in a transaction dated 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 $14,703,018.99. This represents a 47.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the transaction, the insider owned 2,578 shares in the company, valued at $2,413,472.04. This represents a 30.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,681 shares of company stock worth $31,737,875 over the last quarter. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $927.61 on Wednesday. The company’s fifty day moving average is $882.94 and its two-hundred day moving average is $881.04. 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, Inc. has a 12-month low of $582.50 and a 12-month high of $984.70. The company has a market cap of $273.66 billion, a P/E ratio of 16.95, a price-to-earnings-growth ratio of 1.22 and a beta of 1.28.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company’s revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the business earned $14.12 EPS. Equities analysts expect that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued 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 1.9%. The Goldman Sachs Group’s dividend payout ratio is currently 32.89%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on GS shares. CICC Research upped their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a report on Tuesday. BMO Capital Markets boosted their price objective on The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a report on Monday, April 20th. Weiss Ratings downgraded The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. JPMorgan Chase & Co. restated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Finally, Bank of America cut their price objective on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $943.95.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs was picked to help lead SpaceX’s expected IPO, a high-profile assignment that could generate significant fees and boost the firm’s investment banking pipeline. Article Title
• Positive Sentiment: Goldman Sachs is advising Saudi Arabia-backed Humain on financing for data centers, highlighting additional growth in AI-related dealmaking. Article Title
• Positive Sentiment: Goldman’s leadership said market turbulence has created a “huge opportunity,” suggesting stronger trading and advisory activity when volatility is elevated. Article Title
• Positive Sentiment: CICC Research lifted its price target on Goldman Sachs and maintained an outperform rating, signaling continued analyst confidence. Article Title
• Neutral Sentiment: Goldman Sachs CEO David Solomon met with Mayor Mamdani, but the meeting appears more political/relationship-oriented than directly tied to near-term earnings. Article Title
• Neutral Sentiment: CFO Denis Coleman sold shares in a disclosed transaction; insider sales can weigh on sentiment, but this looks like a routine partial sale rather than a clear fundamental warning. Article Title

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.