The Goldman Sachs Group, Inc. $GS Stake Raised by Marsico Capital Management LLC

Marsico Capital Management LLC increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 11.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 141,287 shares of the investment management company’s stock after buying an additional 15,074 shares during the period. The Goldman Sachs Group comprises 3.5% of Marsico Capital Management LLC’s investment portfolio, making the stock its 10th largest holding. Marsico Capital Management LLC’s holdings in The Goldman Sachs Group were worth $124,191,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at approximately $2,515,830,000. Wellington Management Group LLP increased its position in shares of The Goldman Sachs Group by 110.8% in the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after purchasing an additional 936,015 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of The Goldman Sachs Group by 428.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock valued at $488,947,000 after purchasing an additional 450,984 shares during the last quarter. Vanguard Group Inc. increased its position in shares of The Goldman Sachs Group by 1.5% in 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. Finally, Jennison Associates LLC increased its position in shares of The Goldman Sachs Group by 40.8% in the 4th quarter. Jennison Associates LLC now owns 1,353,007 shares of the investment management company’s stock valued at $1,189,293,000 after purchasing an additional 392,319 shares during the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total value of $9,571,380.17. Following the completion of the transaction, the chief accounting officer owned 6,338 shares in the company, valued at $5,889,079.46. This trade represents a 61.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 33,681 shares of company stock worth $31,737,875. Corporate insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

GS has been the topic of a number of recent analyst reports. Citigroup increased their price objective on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. HSBC increased their target price on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. Weiss Ratings lowered shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Jefferies Financial Group reduced their price target 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 report on Monday, April 6th. Finally, Bank of America reduced their price target 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 report on Tuesday, April 14th. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $943.95.

The Goldman Sachs Group Price Performance

Shares of GS opened at $1,036.12 on Friday. The Goldman Sachs Group, Inc. has a 1-year low of $609.59 and a 1-year high of $1,098.36. The stock has a market cap of $305.67 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 1.30 and a beta of 1.30. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a fifty day moving average price of $953.27 and a 200 day moving average price of $908.78.

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 for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The Goldman Sachs Group’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company earned $14.12 earnings per share. As a group, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 59.08 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be given a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a 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 presently 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 Sachs is being viewed as a potential beneficiary of a wave of AI-related IPOs and higher capital spending, with reports suggesting the bank could earn more underwriting, trading, and advisory fees if listings such as SpaceX, OpenAI, and Anthropic come to market. Forget the AI IPOs. Consider the Banks Bringing Them Public.
• Positive Sentiment: Several recent notes from Goldman Sachs point to continued strength in technology spending, including the view that hyperscaler AI capex forecasts are too conservative and that cybersecurity spending may be poised to inflect higher, both of which support optimism around Goldman’s markets and advisory activity. Goldman says consensus 2027 hyperscaler capex estimates are too conservative
• Positive Sentiment: Goldman Sachs’ own research activity is keeping the stock in focus, with multiple articles highlighting it as a trending name and implying investors are positioning around its earnings power and role in active deal and market cycles. Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
• Neutral Sentiment: Goldman Sachs also published a more cautious macro view on the labor market and oil prices, suggesting softer jobs data and lower long-term oil demand; these are more relevant to the broader economy than to GS directly, but they could affect market sentiment. Goldman Sachs drops contrarian take on the jobs market
• Negative Sentiment: News flow around Goldman’s leadership and governance remains a potential overhang, including scrutiny from U.S. lawmakers over the firm’s plan to keep top lawyer Kathy Ruemmler as an adviser despite Jeffrey Epstein ties. US lawmakers raise concern over Goldman’s move to keep top lawyer as adviser despite Epstein ties
• Negative Sentiment: Some recent commentary is also questioning valuation, with bearish articles arguing Goldman’s stock may be expensive even though the business remains high quality, which can cap upside if investors rotate toward cheaper financial names. Goldman Sachs: Unimpeachable Bank, Impeachable Price

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.