Focused Investors LLC decreased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 2.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 271,100 shares of the investment management company’s stock after selling 7,200 shares during the quarter. The Goldman Sachs Group comprises 7.5% of Focused Investors LLC’s holdings, making the stock its biggest position. Focused Investors LLC’s holdings in The Goldman Sachs Group were worth $229,348,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Sheets Smith Wealth Management boosted its position in The Goldman Sachs Group by 60.9% during the first quarter. Sheets Smith Wealth Management now owns 610 shares of the investment management company’s stock worth $516,000 after acquiring an additional 231 shares during the last quarter. Uhlmann Price Securities LLC raised its holdings in The Goldman Sachs Group by 46.6% in the 1st quarter. Uhlmann Price Securities LLC now owns 6,488 shares of the investment management company’s stock valued at $5,468,000 after acquiring an additional 2,062 shares during the last quarter. Lexington Hill Partners LLC raised its holdings in The Goldman Sachs Group by 5.6% in the 1st quarter. Lexington Hill Partners LLC now owns 1,305 shares of the investment management company’s stock valued at $1,104,000 after acquiring an additional 69 shares during the last quarter. Diversified Trust Co lifted its stake in shares of The Goldman Sachs Group by 9.4% during the 1st quarter. Diversified Trust Co now owns 18,354 shares of the investment management company’s stock worth $15,527,000 after purchasing an additional 1,578 shares during the period. Finally, Westmount Partners LLC lifted its stake in shares of The Goldman Sachs Group by 99.6% during the 1st quarter. Westmount Partners LLC now owns 922 shares of the investment management company’s stock worth $780,000 after purchasing an additional 460 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.
The Goldman Sachs Group Stock Up 0.3%
Shares of NYSE GS opened at $1,099.46 on Monday. The Goldman Sachs Group, Inc. has a 52-week low of $630.01 and a 52-week high of $1,125.00. The firm has a fifty day moving average of $979.32 and a 200-day moving average of $920.51. The stock has a market capitalization of $324.35 billion, a PE ratio of 20.09, a P/E/G ratio of 1.43 and a beta of 1.30. 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 Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a dividend of $4.50 per share. The ex-dividend date is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 1.6%. The Goldman Sachs Group’s dividend payout ratio is currently 32.89%.
Insider Transactions at The Goldman Sachs Group
In other news, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the sale, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction that occurred on 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 directly owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. This trade represents a 47.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 33,681 shares of company stock valued at $31,737,875. Insiders own 0.55% of the company’s stock.
The Goldman Sachs Group News Summary
Here are the key news stories impacting The Goldman Sachs Group this week:
- Negative Sentiment: Goldman Sachs lowered its 2026 year-end gold target by $500 to $4,900, reflecting reduced expectations for Fed rate cuts and increasing risk of rate hikes. Gold Price Target Slashed by Goldman on Fed Rate Hike Risk
- Negative Sentiment: Multiple follow-up reports echoed Goldman’s more cautious gold outlook, reinforcing the view that tighter monetary policy could keep pressure on bullion prices. The Fed’s new hawkish reality just forced Goldman Sachs to slash its gold forecast by $500
- Neutral Sentiment: Goldman also said its gold view remains structurally constructive over the long term, but tactically cautious in the near term as policy uncertainty persists. Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
- Neutral Sentiment: Separately, Goldman Sachs was mentioned in coverage on oil and shipping flows through Hormuz, but that commentary appears more macro-focused than directly material to GS shares. Hormuz Reopens, Yet Businesses Warn Oil Crisis Isn’t Over
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the company. Bank of America lowered 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 research report on Tuesday, April 14th. Jefferies Financial Group reduced their target price on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Citigroup raised their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Daiwa Securities Group raised their price target on The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Finally, HSBC lifted their price target on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $941.82.
Read Our Latest Stock Report on GS
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.
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