The Goldman Sachs Group, Inc. $GS Shares Sold by Capital Wealth Planning LLC

Capital Wealth Planning LLC reduced its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 5.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 935,946 shares of the investment management company’s stock after selling 51,637 shares during the quarter. The Goldman Sachs Group makes up 5.4% of Capital Wealth Planning LLC’s holdings, making the stock its largest holding. Capital Wealth Planning LLC’s holdings in The Goldman Sachs Group were worth $834,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after purchasing an additional 418,820 shares during the last quarter. Fisher Asset Management LLC raised its stake in The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after purchasing an additional 110,134 shares during the last quarter. Geode Capital Management LLC raised its stake in The Goldman Sachs Group by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after purchasing an additional 45,266 shares during the last quarter. Invesco Ltd. raised its stake in The Goldman Sachs Group by 3.5% during the 3rd quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock valued at $2,319,905,000 after purchasing an additional 97,387 shares during the last quarter. Finally, Norges Bank acquired a new position in The Goldman Sachs Group during the 4th quarter valued at $2,515,830,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on GS shares. Jefferies Financial Group cut their target price on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research note on Monday, April 6th. UBS Group upped their target price on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Bank of America cut their target price on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Rothschild & Co Redburn upped their target price on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $943.95.

The Goldman Sachs Group Trading Down 3.0%

Shares of GS stock opened at $1,000.58 on Thursday. The Goldman Sachs Group, Inc. has a 52-week low of $609.59 and a 52-week high of $1,098.36. The stock has a market cap of $295.18 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 1.33 and a beta of 1.30. 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 firm has a fifty day moving average of $949.45 and a 200-day moving average of $906.94.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same quarter in the prior year, the company posted $14.12 EPS. The business’s revenue was up 14.4% on a year-over-year basis. On average, equities research analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed 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 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 currently 32.89%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman continues to benefit from its role in a potential rebound in capital-markets activity, with reports that it could earn fees from a wave of AI-related IPOs and that its bankers are competing for top underwriting roles on high-profile listings. Article Title
• Positive Sentiment: The firm’s trading and investing franchise is also drawing attention after Goldman disclosed stakes in Qiagen and other activity that signals continued deal flow and portfolio exposure. Article Title
• Neutral Sentiment: Goldman’s own research and market commentary on rates, AI jobs, and bank regulation remain in focus, but these are more background themes than direct stock-moving catalysts. Article Title
• Negative Sentiment: Investors are reacting to new scrutiny from U.S. lawmakers over Goldman’s decision to keep top lawyer Kathy Ruemmler as an adviser despite her reported Epstein ties, adding governance and reputational overhang. Article Title
• Negative Sentiment: Separately, reports that an outgoing Goldman executive opposed David Solomon’s support for Ruemmler are keeping the story alive and may reinforce investor concerns about internal management judgment. Article Title
• Negative Sentiment: Bearish commentary around insiders selling shares and articles questioning whether GS is still attractive at current levels are also adding pressure on sentiment. Article Title

Insider Activity

In related news, insider Alex S. Golten sold 1,116 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the sale, the insider owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the 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 sale, the insider owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This trade represents a 47.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 33,681 shares of company stock worth $31,737,875. Company insiders own 0.55% of the company’s stock.

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.