Banque Cantonale Vaudoise Raises Stock Holdings in The Goldman Sachs Group, Inc. $GS

Banque Cantonale Vaudoise raised its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 14.6% in the first quarter, Holdings Channel.com reports. The firm owned 18,065 shares of the investment management company’s stock after buying an additional 2,297 shares during the period. The Goldman Sachs Group comprises 0.6% of Banque Cantonale Vaudoise’s portfolio, making the stock its 26th largest holding. Banque Cantonale Vaudoise’s holdings in The Goldman Sachs Group were worth $15,283,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Apella Capital LLC increased its position in shares of The Goldman Sachs Group by 120.6% in the 1st quarter. Apella Capital LLC now owns 995 shares of the investment management company’s stock worth $921,000 after purchasing an additional 544 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in The Goldman Sachs Group by 3.0% in the first quarter. Assenagon Asset Management S.A. now owns 13,611 shares of the investment management company’s stock worth $11,515,000 after purchasing an additional 396 shares in the last quarter. Focused Wealth Management Inc increased its holdings in The Goldman Sachs Group by 5.9% in the first quarter. Focused Wealth Management Inc now owns 5,694 shares of the investment management company’s stock valued at $4,817,000 after buying an additional 317 shares during the last quarter. Keudell Morrison Wealth Management raised its stake in The Goldman Sachs Group by 6.1% during the first quarter. Keudell Morrison Wealth Management now owns 436 shares of the investment management company’s stock valued at $369,000 after buying an additional 25 shares in the last quarter. Finally, Brave Asset Management Inc. raised its stake in The Goldman Sachs Group by 1.2% during the first quarter. Brave Asset Management Inc. now owns 1,904 shares of the investment management company’s stock valued at $1,611,000 after buying an additional 22 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs raised its dividend after a strong Fed review, signaling confidence in its capital position and earnings durability. Goldman Sachs Increases Dividend After Strong Fed Review
• Positive Sentiment: Wells Fargo boosted its price target on GS to $1,195 from $1,000 and kept an overweight rating, which may be supporting sentiment. Wells Fargo raises price target on Goldman Sachs
• Positive Sentiment: Analysts also highlighted strong equities trading momentum, with Goldman’s trading revenue expected to top $5 billion again in Q2, reinforcing optimism about near-term results. Goldman’s Equities Trading Momentum Points to Another Strong Quarter
• Neutral Sentiment: Goldman’s alternatives arm led a $110 million Series C for AI firm Taktile, underscoring its push into AI-linked financial infrastructure and private-market investing. Taktile Secures $110M in Goldman Sachs-led Series C to Power AI Transformation in Financial Institutions
• Neutral Sentiment: Commentary around Goldman’s rate outlook and AI strategy may be influencing trading, but these items are more thematic than company-specific catalysts. The AI market has become a ‘rubber band’ — the question now is how far it can stretch, says Goldman strategist
• Negative Sentiment: Despite the upbeat capital-return news and analyst upgrades, the stock has slipped as investors appear to be taking profits and focusing on broader market volatility. Goldman Sachs stock slips despite reports of strong equity activity

Wall Street Analyst Weigh In

Several research analysts have recently commented on GS shares. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Morgan Stanley set a $900.00 price objective on The Goldman Sachs Group in a research note on Friday, June 12th. BMO Capital Markets lifted their price objective on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a report on Monday, April 20th. Finally, Dbs Bank boosted their target price on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average target price of $958.41.

The Goldman Sachs Group Stock Down 1.6%

NYSE:GS opened at $1,076.59 on Thursday. The firm has a market capitalization of $317.60 billion, a PE ratio of 19.67, a price-to-earnings-growth ratio of 1.42 and a beta of 1.30. The stock has a 50 day moving average of $990.84 and a 200-day moving average of $926.07. The Goldman Sachs Group, Inc. has a 52 week low of $660.78 and a 52 week high of $1,125.00. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same quarter last year, the business posted $14.12 EPS. The business’s revenue was up 14.4% on a year-over-year basis. Analysts predict that The Goldman Sachs Group, Inc. will post 59.6 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders 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 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

Insider Activity

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total value 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group 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 approximately $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is owned by insiders.

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.