Natixis Advisors LLC Has $323.65 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Natixis Advisors LLC reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 9.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 368,197 shares of the investment management company’s stock after selling 40,051 shares during the quarter. Natixis Advisors LLC’s holdings in The Goldman Sachs Group were worth $323,645,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dagco Inc. acquired a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $25,000. Manning & Napier Advisors LLC lifted its stake in The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $31,000. Entrust Financial LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $34,000. Finally, Joseph Group Capital Management acquired a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $37,000. 71.21% of the stock is owned by institutional investors and hedge funds.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs boosted its 2028 profit forecast for SK Hynix by 24% as the AI boom drives aggressive expansion plans, reinforcing Goldman’s reputation for strong investment research and market insight. SK Hynix Reaches $1 Trillion Valuation as CEO Unveils Aggressive Expansion Plans
• Positive Sentiment: Goldman said hedge funds are buying stocks at the fastest pace in six months, a sign of improving risk appetite that can support trading and advisory activity. Goldman Says Hedge Funds Buy Stocks at Fastest Pace in 6 Months
• Positive Sentiment: Several recent pieces continue to describe Goldman Sachs (GS) as a strong long-term stock with a favorable earnings outlook, which may help investor confidence. Why Goldman Sachs (GS) is a Top Stock for the Long-Term
• Neutral Sentiment: Goldman warned that real income growth is slowing to levels rarely seen outside recessions, a macroeconomic caution that matters for markets but is not directly about GS operations. It’s not a recession. But Goldman says your paycheck is acting like it
• Neutral Sentiment: Commentary questioning whether Goldman Sachs stock is underperforming the S&P 500 may keep attention on the shares, but it does not add a new fundamental catalyst. Is Goldman Sachs Stock Underperforming the S&P 500?
• Negative Sentiment: Goldman’s warning on weaker oil demand and downside risk to crude prices could be seen as a softer backdrop for the broader economy and capital markets activity. Goldman Warns Oil Faces $10 Downside Risk

Insider Buying and Selling

In related news, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the sale, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. This represents a 61.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This trade represents a 18.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on GS shares. Citigroup boosted their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. UBS Group boosted their price target on The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Dbs Bank boosted their price target on The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. HSBC boosted their price target on The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. Finally, Bank of America dropped their price target on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $943.95.

The Goldman Sachs Group Trading Up 2.3%

NYSE GS opened at $1,049.24 on Tuesday. The company has a market cap of $309.53 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 1.32 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52 week low of $592.17 and a 52 week high of $1,051.20. The business has a 50 day moving average price of $918.15 and a 200-day moving average price of $894.47. 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) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating the consensus estimate of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The company’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $14.12 earnings per share. As a group, 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors 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 yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

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.