Sienna Gestion Acquires 2,182 Shares of The Goldman Sachs Group, Inc. $GS

Sienna Gestion increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 28.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,907 shares of the investment management company’s stock after acquiring an additional 2,182 shares during the period. Sienna Gestion’s holdings in The Goldman Sachs Group were worth $8,718,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of GS. Dagco Inc. bought 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 shares of 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 worth $27,000 after buying an additional 23 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $31,000. Cornerstone Financial Management LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $33,000. Finally, Entrust Financial LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $34,000. Institutional investors own 71.21% of the company’s stock.

Insider Activity at The Goldman Sachs Group

In other news, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at $5,889,079.46. The trade was a 61.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction 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. The trade was a 18.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,681 shares of company stock valued at $31,737,875 over the last ninety days. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the stock a “neutral” rating in a research note on Friday. Daiwa Securities Group upped their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Rothschild & Co Redburn upped their target price on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Bank of America dropped their target price on shares of 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. Finally, BMO Capital Markets upped their target price on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a research note on Monday, April 20th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and an average price target of $941.82.

The Goldman Sachs Group Stock Up 1.4%

GS opened at $1,077.31 on Tuesday. 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 firm has a 50 day moving average price of $961.56 and a 200-day moving average price of $912.63. The Goldman Sachs Group, Inc. has a twelve month low of $618.00 and a twelve month high of $1,098.36. The stock has a market capitalization of $317.82 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 1.38 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating the consensus estimate 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 company earned $14.12 earnings per share. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued a dividend of $4.50 per share. 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 payout ratio is presently 32.89%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs helped arrange Alphabet’s first prepaid energy bond deal, adding another high-profile mandate and reinforcing the bank’s strength in specialty financing and debt underwriting. Google Clinches First‑of‑its‑Kind Prepaid Energy Bond Deal With Goldman Sachs
• Positive Sentiment: Goldman also played a role in Alphabet’s large equity raise and then helped bring Google into the prepaid energy market, underscoring its ability to win complex, fee-generating transactions across multiple products. Goldman Brings Google to Prepaid Energy Market After Equity Deal
• Positive Sentiment: Recent commentary highlighted Goldman Sachs’ strong stock performance this year and suggested more upside could remain, reflecting investor confidence in the firm’s earnings power and capital markets exposure. Goldman Sachs stock has soared: here’s why it has more gains ahead
• Neutral Sentiment: MarketBeat-style coverage noted Goldman Sachs’ shares continued to rise, but the move lagged the broader market, suggesting the stock is still being driven more by company-specific deal flow than by a broad re-rating. Here’s Why Goldman Sachs (GS) Gained But Lagged the Market Today
• Neutral Sentiment: Analyst and media discussion around Goldman’s earnings remains supportive, but no major new estimate revision or company announcement was included in the latest batch of articles. Do Goldman Sachs Group’s (NYSE:GS) Earnings Warrant Your Attention?
• Negative Sentiment: Broader headlines about competitors and clients, such as Nvidia’s bond issuance and Robinhood’s IPO push, may increase competition in capital markets even though they do not directly change Goldman’s near-term fundamentals. Nvidia Taps Bond Market for the First Time in Five Years

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.