The Goldman Sachs Group, Inc. $GS Position Boosted by Krilogy Financial LLC

Krilogy Financial LLC increased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 27.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,137 shares of the investment management company’s stock after purchasing an additional 681 shares during the period. Krilogy Financial LLC’s holdings in The Goldman Sachs Group were worth $2,823,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after buying an additional 418,820 shares during the last quarter. State Street Corp increased its holdings in shares of The Goldman Sachs Group by 2.1% in the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after acquiring an additional 394,198 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after acquiring an additional 110,134 shares in the last quarter. Geode Capital Management LLC lifted its stake in The Goldman Sachs Group by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock worth $5,896,795,000 after purchasing an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in The Goldman Sachs Group by 3.4% during the fourth quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock worth $5,254,692,000 after purchasing an additional 194,109 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $1,076.59 on Thursday. 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 market capitalization of $317.60 billion, a PE ratio of 19.67, a P/E/G ratio of 1.42 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 1-year low of $660.78 and a 1-year high of $1,125.00. The business’s fifty day moving average price is $990.84 and its two-hundred day moving average price is $926.07.

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, beating the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $14.12 earnings per share. On average, research analysts expect that The Goldman Sachs Group, Inc. will post 59.6 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company 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 dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s payout ratio is presently 32.89%.

Insider Activity

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 14,292 shares of the company’s 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 completion of the transaction, the insider owned 15,657 shares in the company, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were 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 $5,889,079.46. The trade was a 61.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,681 shares of company stock worth $31,737,875 in the last quarter. Company insiders own 0.55% of the company’s stock.

Key Headlines 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 analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. CICC Research raised their price target on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Evercore decreased their price target on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Morgan Stanley set a $900.00 price objective on shares of The Goldman Sachs Group in a research report on Friday, June 12th. Finally, Daiwa Securities Group increased their price objective on shares of 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. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $958.41.

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.