Transcendent Capital Group LLC purchased a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 635 shares of the investment management company’s stock, valued at approximately $506,000.
A number of other hedge funds also recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC raised its position in shares of The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after acquiring an additional 58 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of The Goldman Sachs Group by 90.1% in the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after acquiring an additional 735 shares during the period. Ameriflex Group Inc. lifted its stake in shares of The Goldman Sachs Group by 21.4% in the second quarter. Ameriflex Group Inc. now owns 102 shares of the investment management company’s stock worth $70,000 after acquiring an additional 18 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its holdings in The Goldman Sachs Group by 0.9% in the second quarter. Wealthcare Advisory Partners LLC now owns 2,732 shares of the investment management company’s stock valued at $1,933,000 after acquiring an additional 24 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
Insider Buying and Selling at The Goldman Sachs Group
In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 9,589 shares of the company’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the transaction, the insider owned 18,533 shares in the company, valued at approximately $17,189,542.83. This represents a 34.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Sheara J. Fredman sold 4,863 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the transaction, the chief accounting officer owned 10,301 shares of the company’s stock, valued at $9,515,548.75. This represents a 32.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 87,513 shares of company stock worth $83,718,401 in the last ninety days. 0.55% of the stock is currently owned by corporate insiders.
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The business had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same period in the prior year, the business earned $11.95 EPS. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. On average, equities research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.
The Goldman Sachs Group Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a dividend of $4.50 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 35.09%.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Analyst sentiment: a recent price‑target raise to $940 adds upside validation from the Street and supports the stock’s strength. Price Target Raised to $940.00
- Positive Sentiment: Goldman’s earnings/earnings outlook continue to underpin the rally — recent results beat EPS and revenue expectations, supporting valuation metrics and analyst interest (Zacks highlights GS as a stock to watch for earnings growth and price strength). Earnings Growth & Price Strength Make Goldman Sachs a Stock to Watch
- Positive Sentiment: Growth Equity deployment: Goldman led a $75M Series C in Fieldguide (AI-native audit/advisory platform), showcasing deal flow and potential long‑term upside for its alternatives and growth equity franchises. Fieldguide Raises $75M Series C from Goldman Sachs
- Neutral Sentiment: Strategic stake disclosure: Goldman disclosed a 3.26% voting interest in Qiagen (QGEN) — signals portfolio positioning but not an outright control/activist move. Goldman Sachs Discloses 3.26% Voting Interest in QIAGEN
- Neutral Sentiment: Research/products: Goldman research is actively publishing macro and commodity views (e.g., bullish take on gold and “core GDP” nowcasts), which support trading and client revenue but are incremental to fundamentals. Can Gold Keep Rising? Goldman Sachs Says Yes Nowcasting “Core GDP”
- Neutral Sentiment: Analyst/stock picks coverage: Goldman’s own equity research continues to publish actionable picks (coverage items may help advisory and commissions revenue but are not material to near‑term stock moves). Goldman Sachs Picks 2 Stocks
- Negative Sentiment: Insider selling: company insiders reported sales (Treasurer ~$2.64M; CEO ~$255k). While insider sales can be routine, they may create short‑term investor caution. Treasurer Sells $2.64M CEO Sells $255k
- Neutral Sentiment: Affiliate capital markets activity: Goldman Sachs BDC issued $400M of senior notes — relevant for the BDC (GSBD) credit profile but only indirectly affects GS parent equity. Goldman Sachs BDC Issues $400 Million Senior Notes
Analyst Upgrades and Downgrades
GS has been the subject of several analyst reports. Dbs Bank raised their price target on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. Keefe, Bruyette & Woods boosted their target price on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a report on Friday, January 16th. Jefferies Financial Group increased their price target on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Finally, BNP Paribas Exane boosted their price objective on The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average target price of $898.62.
Read Our Latest Analysis on GS
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.
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