Sterling Investment Advisors Ltd. Sells 506 Shares of The Goldman Sachs Group, Inc. $GS

Sterling Investment Advisors Ltd. trimmed its position in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 4.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 11,326 shares of the investment management company’s stock after selling 506 shares during the period. The Goldman Sachs Group comprises approximately 1.7% of Sterling Investment Advisors Ltd.’s holdings, making the stock its 13th largest holding. Sterling Investment Advisors Ltd.’s holdings in The Goldman Sachs Group were worth $9,955,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Acropolis Investment Management LLC boosted its position in The Goldman Sachs Group by 1.8% in the 4th quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after buying an additional 11 shares during the last quarter. Walkner Condon Financial Advisors LLC boosted its position in The Goldman Sachs Group by 2.0% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock valued at $505,000 after buying an additional 11 shares during the last quarter. Optas LLC boosted its position in The Goldman Sachs Group by 0.4% in the 4th quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after buying an additional 11 shares during the last quarter. Pines Wealth Management LLC boosted its position in The Goldman Sachs Group by 0.4% in the 4th quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after buying an additional 11 shares during the last quarter. Finally, Terra Nova Asset Management LLC boosted its position in The Goldman Sachs Group by 0.5% in the 4th quarter. Terra Nova Asset Management LLC now owns 2,650 shares of the investment management company’s stock valued at $2,329,000 after buying an additional 12 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on GS shares. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Dbs Bank increased their price objective on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Morgan Stanley decreased their price objective on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 31st. Bank of America decreased their price objective on 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, Citigroup increased their price objective on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $943.95.

Get Our Latest Analysis on GS

Insiders Place Their Bets

In related news, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total value of $1,044,776.88. Following the sale, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. The trade was a 30.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is owned by corporate insiders.

The Goldman Sachs Group Stock Performance

GS stock opened at $996.73 on Tuesday. The business’s fifty day moving average is $896.71 and its 200-day moving average is $886.74. 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 company has a market cap of $294.04 billion, a P/E ratio of 18.22, a price-to-earnings-growth ratio of 1.28 and a beta of 1.28. The Goldman Sachs Group, Inc. has a twelve month low of $582.50 and a twelve month high of $1,005.36.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The company had revenue of $17.23 billion for 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 firm’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $14.12 EPS. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current 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 paid a $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

The Goldman Sachs Group News Roundup

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

  • Positive Sentiment: CEO David Solomon said fears that AI will cause a broad “job apocalypse” are overblown, framing AI as a productivity and workforce-shaping force rather than a job destroyer. That message may reassure investors that AI adoption can support economic growth and business activity instead of crushing demand. Article Title
  • Positive Sentiment: Goldman Sachs data showed hedge funds are increasing technology stock exposure at a record pace on AI optimism, signaling strong risk appetite in the sector and reinforcing Goldman’s positioning as a key source of market intelligence. Article Title
  • Positive Sentiment: Goldman research suggested AI agents could meaningfully boost tech cash flow and token usage, supporting the investment case for continued AI infrastructure spending and keeping Goldman tied to the dominant market theme. Article Title
  • Positive Sentiment: Goldman also highlighted liquid cooling as a next-wave AI trade, which underscores its active role in identifying investable themes across the AI supply chain and may boost investor attention to Goldman’s research franchise. Article Title

The Goldman Sachs Group Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GSFree Report).

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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