Compound Planning Inc. Has $7.54 Million Stake in The Goldman Sachs Group, Inc. $GS

Compound Planning Inc. lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,578 shares of the investment management company’s stock after purchasing an additional 612 shares during the period. Compound Planning Inc.’s holdings in The Goldman Sachs Group were worth $7,540,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Dagco Inc. acquired a new position in shares of The Goldman Sachs Group in the fourth quarter valued at about $25,000. Garton & Associates Financial Advisors LLC bought a new position in The Goldman Sachs Group during the fourth quarter worth about $26,000. Manning & Napier Advisors LLC raised its stake in 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 worth $27,000 after purchasing an additional 23 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter worth about $31,000. Finally, Cornerstone Financial Management LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter worth about $33,000. 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 business’s stock in a transaction that occurred on 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Denis P. Coleman sold 6,857 shares of the company’s 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 sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group Trading Up 0.0%

Shares of The Goldman Sachs Group stock opened at $1,099.46 on Friday. 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 $630.01 and a 12-month high of $1,125.00. The company has a market capitalization of $324.35 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.41 and a beta of 1.30. The firm’s 50-day moving average price is $975.46 and its two-hundred day moving average price is $918.48.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating the consensus estimate 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 period in the previous year, the company earned $14.12 EPS. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, analysts forecast that The Goldman Sachs Group, Inc. will post 59.6 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs crossed $1 trillion in M&A advisory volume year to date, the fastest pace ever for a bank, which points to a strong pipeline for investment banking and advisory fee growth. Goldman Tops $1 Trillion in M&A Deals, Fastest to Reach the Mark
• Positive Sentiment: That dealmaking milestone suggests Goldman Sachs could benefit from a broader rebound in capital markets activity and stronger fee income in coming quarters. GS Crosses $1T in M&A Deals: Catalyst for Advisory Fee Growth?
• Neutral Sentiment: Former Goldman Sachs executive Rob Kaplan said the Federal Reserve may need to raise rates as soon as September if inflation stays elevated, reinforcing expectations for a more hawkish rate backdrop that could influence bank trading and markets activity. Goldman’s Kaplan Says Fed May Need to Hike as Soon as September
• Neutral Sentiment: Goldman also warned that Big Tech’s massive AI spending could pressure returns on equity, a broader market view that may matter more for client sentiment than for GS’s own earnings. Goldman Sachs Warns Big Tech’s $770 Billion AI Spending Frenzy Could Backfire— Here’s Why
• Negative Sentiment: Bank stocks may face pressure if regulators tighten Basel capital rules, since banks are pushing for more relief amid concerns that tougher market-risk requirements could curb Treasury liquidity and raise trading capital needs. Banks Push for More Basel Relief Amid Treasury Liquidity Fears

Wall Street Analyst Weigh In

A number of research analysts have issued reports on GS shares. Rothschild & Co Redburn increased their target price on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. UBS Group boosted their price target on The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Dbs Bank increased their price target on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Finally, BNP Paribas Exane lowered their price objective on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $941.82.

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.