1,683 Shares in The Goldman Sachs Group, Inc. $GS Purchased by Greenspring Advisors LLC

Greenspring Advisors LLC purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,683 shares of the investment management company’s stock, valued at approximately $1,479,000.

Other large investors also recently bought and sold shares of the company. Archvest Wealth Advisors Inc. raised its holdings in shares of The Goldman Sachs Group by 37,253.3% during the fourth quarter. Archvest Wealth Advisors Inc. now owns 106,457 shares of the investment management company’s stock valued at $93,576,000 after acquiring an additional 106,172 shares during the last quarter. Marietta Investment Partners LLC raised its holdings in shares of The Goldman Sachs Group by 7.5% during the fourth quarter. Marietta Investment Partners LLC now owns 288 shares of the investment management company’s stock valued at $253,000 after acquiring an additional 20 shares during the last quarter. BlackDiamond Wealth Management LLC raised its holdings in shares of The Goldman Sachs Group by 5.6% during the fourth quarter. BlackDiamond Wealth Management LLC now owns 337 shares of the investment management company’s stock valued at $318,000 after acquiring an additional 18 shares during the last quarter. Nvest Financial LLC raised its holdings in shares of The Goldman Sachs Group by 59.3% during the fourth quarter. Nvest Financial LLC now owns 642 shares of the investment management company’s stock valued at $564,000 after acquiring an additional 239 shares during the last quarter. Finally, Avestar Capital LLC raised its holdings in shares of The Goldman Sachs Group by 1.7% during the fourth quarter. Avestar Capital LLC now owns 2,322 shares of the investment management company’s stock valued at $2,041,000 after acquiring an additional 38 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

GS has been the subject of a number of research analyst reports. CICC Research increased their target price on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. BNP Paribas Exane reduced their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Daiwa Securities Group increased their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Zacks Research cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Wells Fargo & Company reduced their target price on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Hold” and an average price target of $943.95.

Insider Buying and Selling

In related news, insider Alex S. Golten sold 1,116 shares of the stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the transaction, the insider directly 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. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction that occurred 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 completion of the transaction, 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. Insiders sold a total of 33,681 shares of company stock worth $31,737,875 in the last three months. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,044.85 on Thursday. The Goldman Sachs Group, Inc. has a one year low of $592.90 and a one year high of $1,073.97. 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 stock has a market cap of $308.24 billion, a PE ratio of 19.09, a P/E/G ratio of 1.37 and a beta of 1.30. The stock has a 50 day moving average price of $927.45 and a 200 day moving average price of $897.74.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly 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 return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same quarter last year, the firm earned $14.12 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. Equities research analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.89%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs was named, alongside Morgan Stanley and JPMorgan, to lead Anthropic’s planned IPO, a potentially lucrative mandate that could boost investment banking fees if the offering launches later this year. Anthropic said to pick Morgan Stanley and Goldman to lead IPO
• Positive Sentiment: Goldman CEO David Solomon and other Goldman commentary highlighted strong investor appetite for AI-related IPOs, saying there is “more greed than fear” and enough liquidity to absorb blockbuster listings such as Anthropic, OpenAI, and SpaceX. That suggests a busy pipeline for Goldman’s capital markets business. Goldman Sachs CEO David Solomon says markets are in ‘greed’ mode as AI companies seek billions
• Positive Sentiment: Goldman’s asset management arm said its ETF platform crossed $100 billion in assets shortly after acquiring Innovator Capital Management, showing continued momentum in a growing fee-based business. Can Buffer ETFs Replace Bonds? Goldman Thinks So
• Neutral Sentiment: Several articles noted Goldman-hosted healthcare conference participation by companies such as Ultragenyx, Quanterix, Haemonetics, and Zealand Pharma. These events reinforce Goldman’s role as a major capital-markets platform, but they are not direct catalysts for GS shares. Morgan Stanley and Goldman Sachs Land Anthropic IPO
• Negative Sentiment: Financial stocks traded lower overall on Wednesday afternoon, which likely weighed on Goldman Sachs as part of the sector. Sector Update: Financial Stocks Decline Wednesday Afternoon
• Negative Sentiment: GS also fell in the latest session, suggesting investors may be taking some profits after a strong run, despite upbeat IPO and asset-management headlines. Why Goldman Sachs (GS) Dipped More Than Broader Market Today

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.