The Goldman Sachs Group, Inc. $GS Shares Purchased by Peachtree Investment Partners LLC

Peachtree Investment Partners LLC boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 110.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,188 shares of the investment management company’s stock after purchasing an additional 623 shares during the quarter. Peachtree Investment Partners LLC’s holdings in The Goldman Sachs Group were worth $1,044,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. boosted its holdings in shares of The Goldman Sachs Group by 4.3% in the fourth quarter. First Command Advisory Services Inc. now owns 586 shares of the investment management company’s stock valued at $515,000 after acquiring an additional 24 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of The Goldman Sachs Group by 7.1% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,878 shares of the investment management company’s stock valued at $21,868,000 after acquiring an additional 1,658 shares during the period. OneAscent Financial Services LLC acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $201,000. Patron Partners LLC boosted its holdings in shares of The Goldman Sachs Group by 17.8% in the fourth quarter. Patron Partners LLC now owns 1,209 shares of the investment management company’s stock valued at $1,063,000 after acquiring an additional 183 shares during the period. Finally, Francis Financial Inc. boosted its holdings in shares of The Goldman Sachs Group by 23.7% in the fourth quarter. Francis Financial Inc. now owns 1,077 shares of the investment management company’s stock valued at $947,000 after acquiring an additional 206 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other The Goldman Sachs Group news, 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 completion of the sale, the insider owned 2,578 shares of the company’s stock, valued at approximately $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $929.17, for a total value of $9,571,380.17. Following the completion of the sale, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,681 shares of company stock worth $31,737,875 in the last ninety days. 0.55% of the stock is currently owned by insiders.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $1,040.16 on Friday. 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 stock has a fifty day moving average price of $936.56 and a 200 day moving average price of $900.85. The Goldman Sachs Group, Inc. has a 1-year low of $609.31 and a 1-year high of $1,098.36. The company has a market cap of $306.86 billion, a PE ratio of 19.01, a P/E/G ratio of 1.41 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last issued 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 business had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $14.12 earnings per share. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The Goldman Sachs Group’s payout ratio is presently 32.89%.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs was selected, along with Morgan Stanley, to lead Anthropic’s IPO, reinforcing Goldman’s role in major upcoming capital markets deals and supporting confidence in its investment banking franchise.
• Positive Sentiment: Goldman also remains a lead underwriter and visible player in high-profile offerings like SpaceX, with reports highlighting aggressive revenue projections for SpaceX’s AI business ahead of that IPO.
• Positive Sentiment: Jim Cramer said “We Love Goldman,” adding a public bullish endorsement that can improve sentiment around the stock.
• Positive Sentiment: Goldman’s recent market commentary has been constructive, including calls to buy the stock market dip and a view that long-term growth and risk assets remain supported.
• Neutral Sentiment: Goldman disclosed a 3.14% voting stake in QIAGEN, but this looks like a routine holdings disclosure rather than a direct catalyst for GS shares. Goldman Sachs Discloses 3.14% Voting Stake in QIAGEN
• Neutral Sentiment: Goldman Sachs also issued several stock-rating updates on other companies, including upgrades and target hikes for names like Hilton Grand Vacations and Broadcom, which mainly underscore the strength of its research platform.
• Neutral Sentiment: Reports that Goldman’s CEO expects entry-level hiring to “contract a little” as AI changes staffing mix are more of a long-term operating note than an immediate stock driver.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GS. Zacks Research downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. UBS Group increased their price objective on The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Daiwa Securities Group increased their price objective on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. BMO Capital Markets increased their price objective 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. Finally, 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 for the company in a report on Tuesday, April 14th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $943.95.

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.