Flputnam Investment Management Co. increased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 1,093.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 13,061 shares of the investment management company’s stock after buying an additional 11,967 shares during the quarter. Flputnam Investment Management Co.’s holdings in The Goldman Sachs Group were worth $11,481,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after acquiring an additional 508 shares during the period. Revolve Wealth Partners LLC grew its position in The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after acquiring an additional 58 shares during the last quarter. Sivia Capital Partners LLC grew its position in The Goldman Sachs Group by 90.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after acquiring an additional 735 shares during the last quarter. Schnieders Capital Management LLC. grew its position in The Goldman Sachs Group by 9.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after acquiring an additional 70 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its position in The Goldman Sachs Group by 22.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock valued at $1,522,000 after acquiring an additional 391 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
GS has been the subject of several recent 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 for the company in a research note on Friday, April 24th. HSBC upped their price objective on shares of The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Finally, CICC Research upped their price objective on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus 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’ latest market commentary suggests AI-related capital spending is still accelerating, with the firm raising its 2026 business investment outlook and saying AI spending could reach $800 billion this year. That supports the view that Goldman is well positioned to benefit from active equity, financing, and advisory markets. Article Title
- Positive Sentiment: Goldman CEO David Solomon pushed back on fears of an AI “job apocalypse,” arguing AI will reshape work rather than eliminate it. That message may help calm investors worried about broader economic disruption from AI and reinforces Goldman’s bullish tone on the theme. Article Title
- Positive Sentiment: Goldman’s trading and prime brokerage data shows hedge funds and mutual funds are rotating into tech, especially semiconductors, which typically signals stronger trading activity and can support revenue for major banks like GS. Article Title
- Neutral Sentiment: Multiple healthcare companies announced they will present at Goldman Sachs’ 47th Annual Global Healthcare Conference. These are routine investor-conference announcements, but they underscore Goldman’s ongoing role as a key capital-markets and conference organizer. Article Title
- Neutral Sentiment: KBRA assigned preliminary ratings to a Goldman Sachs mortgage-backed securities trust, highlighting continued securitization activity in GS’s mortgage business. This is supportive of franchise breadth, though the direct stock impact is likely limited. Article Title
- Negative Sentiment: Goldman Sachs agreed to a $500 million settlement in the long-running 1MDB shareholder case. While the settlement clarifies legal exposure, it is a reminder of lingering litigation costs and reputational overhangs that can pressure sentiment. Article Title
Insider Transactions at The Goldman Sachs Group
In related news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer directly owned 31,070 shares in the company, valued at $30,248,198.50. The trade was a 18.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s 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 $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 33,681 shares of company stock valued at $31,737,875. Company insiders own 0.55% of the company’s stock.
The Goldman Sachs Group Trading Down 0.3%
GS opened at $994.05 on Wednesday. The Goldman Sachs Group, Inc. has a one year low of $592.17 and a one year high of $1,016.54. The company has a market cap of $293.25 billion, a P/E ratio of 18.17, a PEG ratio of 1.28 and a beta of 1.28. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The business’s 50-day simple moving average is $900.95 and its 200-day simple moving average is $888.16.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same period last year, the firm earned $14.12 EPS. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. As a group, equities research analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.
The Goldman Sachs Group Dividend Announcement
The company also recently disclosed 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 of this dividend is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 1.8%. The Goldman Sachs Group’s payout ratio is currently 32.89%.
The Goldman Sachs Group Company 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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