Franklin Street Advisors Inc. NC Buys 1,275 Shares of The Goldman Sachs Group, Inc. $GS

Franklin Street Advisors Inc. NC lifted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,027 shares of the investment management company’s stock after acquiring an additional 1,275 shares during the quarter. The Goldman Sachs Group comprises about 2.8% of Franklin Street Advisors Inc. NC’s investment portfolio, making the stock its 9th biggest holding. Franklin Street Advisors Inc. NC’s holdings in The Goldman Sachs Group were worth $49,248,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Stone House Investment Management LLC increased its stake in shares of The Goldman Sachs Group by 10,100.0% during the fourth quarter. Stone House Investment Management LLC now owns 102 shares of the investment management company’s stock valued at $90,000 after acquiring an additional 101 shares during the period. BIP Wealth LLC increased its stake in shares of The Goldman Sachs Group by 250.2% during the fourth quarter. BIP Wealth LLC now owns 1,884 shares of the investment management company’s stock valued at $1,656,000 after acquiring an additional 1,346 shares during the period. Palumbo Wealth Management LLC acquired a new position in shares of The Goldman Sachs Group during the fourth quarter valued at approximately $255,000. CCG Wealth Management LLC increased its stake in shares of The Goldman Sachs Group by 43.1% during the fourth quarter. CCG Wealth Management LLC now owns 737 shares of the investment management company’s stock valued at $648,000 after acquiring an additional 222 shares during the period. Finally, Perfromance Wealth Partners LLC increased its stake in shares of The Goldman Sachs Group by 0.6% during the fourth quarter. Perfromance Wealth Partners LLC now owns 137,591 shares of the investment management company’s stock valued at $120,942,000 after acquiring an additional 857 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Upcoming Q1 earnings are the primary near-term catalyst — Goldman reports on April 13 and investors are hoping for another beat after the firm outperformed consensus in January; traders are positioning into the print. Read More.
• Positive Sentiment: Goldman research is pushing a renewed buy case for large-cap tech (“Magnificent 7”), which supports GS’s trading and advisory outlook (strong tech flows and M&A activity would boost fee revenue). This bullish stance lifts sentiment toward GS as both a research house and market maker. Read More.
• Positive Sentiment: Asset-management stability: Goldman’s private-credit fund narrowly avoided large outflows (redemptions stayed just below the 5% cap), a sign the firm’s asset-management franchise is more resilient than many peers — reduces short-term redemption risk. Read More.
• Positive Sentiment: Market-flow data from Goldman shows hedge funds are covering shorts at a rapid pace, which can accelerate equity rallies and benefit GS’s trading revenues and risk-taking businesses. Read More.
• Neutral Sentiment: Analyst verdicts are mixed: some firms (e.g., Jefferies) have raised targets while others (UBS, Daiwa, Rothschild/Redburn) trimmed theirs or kept neutral stances — that creates short-term volatility but no clear consensus on upside from current levels. Read More.
• Negative Sentiment: Geopolitical/commodity risk: disruptions around the Strait of Hormuz and falling oil prices (and Goldman warnings on copper downside if disruptions persist) add macro uncertainty that can hit trading volumes, commodities desks and broader market appetite — a headwind if risks re-escalate. Read More.
• Negative Sentiment: Regulatory / industry frictions — Goldman is involved in a dispute over proposed options-clearing changes that pit large firms against retail brokers; policy shifts or litigation could raise costs or structural risk in flow businesses. Read More.

Insider Transactions at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 4,863 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total value of $4,492,196.25. Following the completion of the transaction, the chief accounting officer owned 10,301 shares of the company’s stock, valued at approximately $9,515,548.75. This trade represents a 32.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the completion of the transaction, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This represents a 28.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is currently owned by insiders.

The Goldman Sachs Group Trading Up 4.9%

Shares of NYSE:GS opened at $906.27 on Thursday. The stock has a market capitalization of $267.34 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 1.13 and a beta of 1.32. The Goldman Sachs Group, Inc. has a 1-year low of $447.11 and a 1-year high of $984.70. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The company has a 50 day moving average price of $871.68 and a 200 day moving average price of $852.68.

The Goldman Sachs Group (NYSE:GS) last issued its 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 net margin of 13.73% and a return on equity of 15.72%. The firm had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same period last year, the firm posted $11.95 earnings per share. The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. On average, research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 2nd were paid a $4.50 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is 35.09%.

Analysts Set New Price Targets

A number of research firms recently commented on GS. Morgan Stanley lowered their price objective on shares of 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. Autonomous Res reduced their target price on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Jefferies Financial Group reduced their target price 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 report on Monday. BMO Capital Markets reduced their target price on shares of The Goldman Sachs Group from $985.00 to $905.00 and set a “market perform” rating for the company in a report on Monday. Finally, Evercore reduced their target price 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. Eight equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $924.24.

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.