Red Cedar Investment Management LLC Increases Stock Position in The Goldman Sachs Group, Inc. $GS

Red Cedar Investment Management LLC boosted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 45.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,812 shares of the investment management company’s stock after acquiring an additional 1,190 shares during the quarter. Red Cedar Investment Management LLC’s holdings in The Goldman Sachs Group were worth $3,351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the stock. Dagco Inc. purchased a new stake in The Goldman Sachs Group during the 4th quarter worth about $25,000. Manning & Napier Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 23 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in The Goldman Sachs Group during the fourth quarter valued at about $31,000. Entrust Financial LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter worth about $34,000. Finally, Graney & King LLC grew its stake in The Goldman Sachs Group by 51.5% during the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on GS shares. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. BNP Paribas Exane reduced 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 report on Friday, April 24th. Morgan Stanley lowered their target price on shares of The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. UBS Group raised their price target on The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Finally, Bank of America dropped their price target 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. Nine investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $943.95.

Insider Transactions at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 6,857 shares of the 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 transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This represents a 18.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the transaction, the insider directly owned 15,657 shares in the company, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is owned by company insiders.

The Goldman Sachs Group Stock Down 1.3%

GS stock opened at $1,031.13 on Wednesday. The company has a 50 day moving average of $945.60 and a two-hundred day moving average of $905.35. 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 $609.31 and a 12-month high of $1,098.36. The company has a market cap of $304.19 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 1.35 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results 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 company had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business’s revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $14.12 earnings per share. On average, equities analysts anticipate 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be given a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs’ analysts are still finding opportunities in select names, including upgrades and buy ideas that suggest the firm’s research platform remains influential with investors. Goldman Sachs Says Buy the Dip in These 2 Newly Public ‘Strong Buy’ Stocks
• Positive Sentiment: Goldman Sachs continues to participate in major investor conferences and stock coverage activity, reinforcing its role in capital markets and research. Spandana Sphoorty to Join Goldman Sachs Asia Financials Investor Meet
• Neutral Sentiment: The Federal Reserve said it will release 2026 bank stress test results on June 24; Goldman Sachs is among the large banks being evaluated, but the new results will not affect capital requirements until 2027. Federal Reserve to Release 2026 Bank Stress Test Results on June 24 for 32 Major Lenders
• Neutral Sentiment: Goldman Sachs took a more cautious stance on rates, saying it now expects no Fed cuts in 2026 and pushing its first cut forecast to 2027 after strong U.S. jobs data. That view can support higher-for-longer rates, but it also signals a slower path to policy easing. Goldman Sachs Changes Fed Rate Calls, Now Sees No Cuts in 2026
• Negative Sentiment: Market commentary highlighted Goldman Sachs warning that AI-related market exuberance and speculation are rising, which may pressure sentiment across risk assets and the broader financial sector. Goldman Sachs Issues Blunt Warning on AI-Driven Market Conditions
• Negative Sentiment: News that Goldman Sachs expects the Fed to keep rates unchanged through 2026 and delay cuts until 2027 may reduce hopes for a near-term boost to deal-making and financing activity. Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data

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.