The Goldman Sachs Group, Inc. $GS Shares Purchased by Bank of Stockton

Bank of Stockton lifted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 24.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,152 shares of the investment management company’s stock after acquiring an additional 626 shares during the period. The Goldman Sachs Group accounts for 0.8% of Bank of Stockton’s holdings, making the stock its 26th largest position. Bank of Stockton’s holdings in The Goldman Sachs Group were worth $2,771,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Finward Bancorp acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter worth approximately $214,000. Albion Financial Group UT boosted its stake in shares of The Goldman Sachs Group by 360.0% in the fourth quarter. Albion Financial Group UT now owns 184 shares of the investment management company’s stock worth $162,000 after acquiring an additional 144 shares during the last quarter. Apella Capital LLC boosted its stake in shares of The Goldman Sachs Group by 3.4% in the fourth quarter. Apella Capital LLC now owns 451 shares of the investment management company’s stock worth $397,000 after acquiring an additional 15 shares during the last quarter. Aaron Wealth Advisors LLC boosted its stake in shares of The Goldman Sachs Group by 21.0% in the fourth quarter. Aaron Wealth Advisors LLC now owns 4,438 shares of the investment management company’s stock worth $3,901,000 after acquiring an additional 771 shares during the last quarter. Finally, Kraematon Investment Advisors Inc. boosted its stake in shares of The Goldman Sachs Group by 12.4% in the fourth quarter. Kraematon Investment Advisors Inc. now owns 353 shares of the investment management company’s stock worth $310,000 after acquiring an additional 39 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director David A. Viniar sold 45,000 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $965.33, for a total value of $43,439,850.00. Following the transaction, the director owned 555,000 shares of the company’s stock, valued at $535,758,150. This represents a 7.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 value of $8,893,893.39. Following the completion of the transaction, the insider directly owned 18,533 shares in the company, valued at approximately $17,189,542.83. This trade represents a 34.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 117,283 shares of company stock worth $112,016,033. Corporate insiders own 0.55% of the company’s stock.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Jefferies raised near‑term earnings expectations for Goldman, projecting stronger Q1 results driven by a trading surge (Jefferies sees GS EPS of ~$15.60), which supports upside ahead of results. Goldman Sachs, Morgan Stanley seen riding trading boom as dealmaking holds firm, Jefferies says
• Positive Sentiment: Goldman’s private‑credit fund reported Q1 repurchase requests just under its 5% cap — materially lower than industry redemption surges — easing liquidity concerns for GS’s asset‑management arm. Goldman Sachs private credit fund defies redemption surge across industry
• Positive Sentiment: Bank of America expects broadly solid Q1 results across major U.S. banks, including Goldman, which supports sector momentum and reduces downside risk to GS’s upcoming report. US banks set to deliver solid first quarter results amid macroeconomic uncertainty
• Positive Sentiment: Street commentary (Zacks) highlights a setup for GS to report earnings growth next week and argues the firm has the key ingredients for a likely beat, supporting investor expectations. Goldman Sachs (GS) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: Goldman economists published a study on tech‑job displacement and long‑term earnings “scarring” — boosts the firm’s research profile but has limited direct near‑term impact on results. Goldman just looked at 40 years of data on the ‘scarring’ effects of technological disruption and finds Gen Z isn’t the most at risk
• Neutral Sentiment: Goldman flagged an Nvidia‑linked market shift not seen in 13 years — useful macro/flow intelligence for trading desks but indirect to near‑term earnings. Goldman Sachs spots Nvidia-linked shift not seen in 13 years
• Neutral Sentiment: Goldman data shows hedge funds hold the largest net short position on global equities in 13 years — a sign of elevated market volatility that can lift trading revenues but also raises market risk. Hedge Funds Post Largest Net Short on Global Equities in 13 Years: Goldman Sachs
• Negative Sentiment: Evercore trimmed its Goldman Sachs price target to $950 (maintained Outperform), which reduces stated upside and may temper momentum among some investors. Evercore lowers price target on Goldman Sachs
• Negative Sentiment: BMO cut its GS target to $905 (maintained Market Perform) — another downward tweak that can cap near‑term upside and reflect caution on valuation. BMO lowers price target on Goldman Sachs
• Negative Sentiment: An analyst note flags downside risk for Goldman Sachs BDC if NAV growth doesn’t improve, which could weigh on investor sentiment around GS’s alternative‑credit exposure. Goldman Sachs BDC: Downside Risks Remain If NAV Growth Doesn’t Improve

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Daiwa Securities Group lifted their price target on The Goldman Sachs Group from $927.00 to $940.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Jefferies Financial Group lowered their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating on the stock in a research note on Monday. Morgan Stanley lowered their price objective on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 31st. UBS Group reissued a “neutral” rating and set a $990.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, February 4th. Finally, Rothschild & Co Redburn lowered their price objective on The Goldman Sachs Group from $846.00 to $843.00 and set a “neutral” rating on the stock in a research note on Friday, March 27th. Eight research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $929.62.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock opened at $866.43 on Tuesday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The business’s fifty day simple moving average is $873.60 and its 200-day simple moving average is $851.88. The firm has a market cap of $255.59 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 1.13 and a beta of 1.32. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, beating the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The business had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. During the same quarter in the prior year, the company posted $11.95 EPS. The company’s quarterly revenue was down 3.0% on a year-over-year basis. Equities analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 2nd were paid a $4.50 dividend. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 2.1%. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

The Goldman Sachs Group 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.