SHP Wealth Management Makes New $504,000 Investment in The Goldman Sachs Group, Inc. $GS

SHP Wealth Management bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 574 shares of the investment management company’s stock, valued at approximately $504,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GS. Dagco Inc. acquired a new stake in The Goldman Sachs Group in the fourth quarter valued at about $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at approximately $26,000. Manning & Napier Advisors LLC increased its position in The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after purchasing an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in The Goldman Sachs Group during the 4th quarter worth approximately $31,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of The Goldman Sachs Group during the 4th quarter worth approximately $33,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the sale, the insider owned 15,657 shares in the company, valued at approximately $14,703,018.99. This trade represents a 47.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Alex S. Golten sold 1,116 shares of the business’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the transaction, the insider directly owned 2,578 shares of the company’s stock, valued at $2,413,472.04. The trade was a 30.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is owned by insiders.

Analysts Set New Price Targets

GS has been the subject of several recent analyst reports. Jefferies Financial Group reduced their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. BMO Capital Markets raised their target price on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a report on Monday, April 20th. Bank of America decreased 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 report on Tuesday, April 14th. Finally, BNP Paribas Exane lowered their price target 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. Nine investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $941.82.

More The Goldman Sachs Group News

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

• Negative Sentiment: Goldman Sachs lowered its 2026 year-end gold target by $500 to $4,900, reflecting reduced expectations for Fed rate cuts and increasing risk of rate hikes. Gold Price Target Slashed by Goldman on Fed Rate Hike Risk
• Negative Sentiment: Multiple follow-up reports echoed Goldman’s more cautious gold outlook, reinforcing the view that tighter monetary policy could keep pressure on bullion prices. The Fed’s new hawkish reality just forced Goldman Sachs to slash its gold forecast by $500
• Neutral Sentiment: Goldman also said its gold view remains structurally constructive over the long term, but tactically cautious in the near term as policy uncertainty persists. Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
• Neutral Sentiment: Separately, Goldman Sachs was mentioned in coverage on oil and shipping flows through Hormuz, but that commentary appears more macro-focused than directly material to GS shares. Hormuz Reopens, Yet Businesses Warn Oil Crisis Isn’t Over

The Goldman Sachs Group Stock Up 0.3%

GS stock opened at $1,099.46 on Friday. The company’s 50 day simple moving average is $979.32 and its 200-day simple moving average is $919.74. The firm has a market capitalization of $324.35 billion, a PE ratio of 20.09, a P/E/G ratio of 1.43 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 12 month low of $630.01 and a 12 month high of $1,125.00. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. During the same period in the previous year, the firm posted $14.12 EPS. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. Equities analysts expect that The Goldman Sachs Group, Inc. will post 59.6 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. Stockholders of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s 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.