The Goldman Sachs Group, Inc. $GS Shares Purchased by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC increased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 2.3% in the fourth quarter, HoldingsChannel reports. The firm owned 56,027 shares of the investment management company’s stock after acquiring an additional 1,275 shares during the period. The Goldman Sachs Group accounts for about 2.8% of Franklin Street Advisors Inc. NC’s investment portfolio, making the stock its 9th biggest holding. Franklin Street Advisors Inc. NC’s holdings in The Goldman Sachs Group were worth $49,248,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Stone House Investment Management LLC lifted its position in The Goldman Sachs Group by 10,100.0% in the 4th quarter. Stone House Investment Management LLC now owns 102 shares of the investment management company’s stock worth $90,000 after buying an additional 101 shares in the last quarter. BIP Wealth LLC lifted its position in The Goldman Sachs Group by 250.2% in the 4th quarter. BIP Wealth LLC now owns 1,884 shares of the investment management company’s stock worth $1,656,000 after buying an additional 1,346 shares in the last quarter. Palumbo Wealth Management LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth approximately $255,000. CCG Wealth Management LLC lifted its position in The Goldman Sachs Group by 43.1% in the 4th quarter. CCG Wealth Management LLC now owns 737 shares of the investment management company’s stock worth $648,000 after buying an additional 222 shares in the last quarter. Finally, Perfromance Wealth Partners LLC lifted its position in The Goldman Sachs Group by 0.6% in the 4th quarter. Perfromance Wealth Partners LLC now owns 137,591 shares of the investment management company’s stock worth $120,942,000 after buying an additional 857 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on GS. BNP Paribas Exane increased their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Autonomous Res cut their target price on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Rothschild & Co Redburn cut their target price on shares of The Goldman Sachs Group from $843.00 to $839.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, HSBC cut their target price on shares of The Goldman Sachs Group from $802.00 to $729.00 in a research report on Wednesday, April 1st. Eight investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $924.24.

Insider Buying and Selling at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the transaction, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. This trade represents a 28.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Sheara J. Fredman sold 4,863 shares of The Goldman Sachs Group stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the completion of the transaction, the chief accounting officer owned 10,301 shares in the company, valued at $9,515,548.75. This trade represents a 32.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 117,283 shares of company stock worth $112,016,033 in the last ninety days. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Up 4.9%

The Goldman Sachs Group stock opened at $906.27 on Thursday. The company has a market capitalization of $267.34 billion, a P/E ratio of 17.67, a P/E/G ratio of 1.13 and a beta of 1.32. The firm’s fifty day simple moving average is $871.68 and its 200-day simple moving average is $852.68. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The Goldman Sachs Group, Inc. has a 1-year low of $447.11 and a 1-year high of $984.70.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The business had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The Goldman Sachs Group’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $11.95 EPS. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 2nd were issued a dividend of $4.50 per share. The ex-dividend date was Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is 35.09%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Upcoming Q1 earnings are the primary near-term catalyst — Goldman reports on April 13 and investors are hoping for another beat after the firm outperformed consensus in January; traders are positioning into the print. Read More.
• Positive Sentiment: Goldman research is pushing a renewed buy case for large-cap tech (“Magnificent 7”), which supports GS’s trading and advisory outlook (strong tech flows and M&A activity would boost fee revenue). This bullish stance lifts sentiment toward GS as both a research house and market maker. Read More.
• Positive Sentiment: Asset-management stability: Goldman’s private-credit fund narrowly avoided large outflows (redemptions stayed just below the 5% cap), a sign the firm’s asset-management franchise is more resilient than many peers — reduces short-term redemption risk. Read More.
• Positive Sentiment: Market-flow data from Goldman shows hedge funds are covering shorts at a rapid pace, which can accelerate equity rallies and benefit GS’s trading revenues and risk-taking businesses. Read More.
• Neutral Sentiment: Analyst verdicts are mixed: some firms (e.g., Jefferies) have raised targets while others (UBS, Daiwa, Rothschild/Redburn) trimmed theirs or kept neutral stances — that creates short-term volatility but no clear consensus on upside from current levels. Read More.
• Negative Sentiment: Geopolitical/commodity risk: disruptions around the Strait of Hormuz and falling oil prices (and Goldman warnings on copper downside if disruptions persist) add macro uncertainty that can hit trading volumes, commodities desks and broader market appetite — a headwind if risks re-escalate. Read More.
• Negative Sentiment: Regulatory / industry frictions — Goldman is involved in a dispute over proposed options-clearing changes that pit large firms against retail brokers; policy shifts or litigation could raise costs or structural risk in flow businesses. Read More.

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.