BOCHK Asset Management Ltd Invests $1.57 Million in The Goldman Sachs Group, Inc. $GS

BOCHK Asset Management Ltd acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,785 shares of the investment management company’s stock, valued at approximately $1,569,000. The Goldman Sachs Group comprises approximately 0.4% of BOCHK Asset Management Ltd’s investment portfolio, making the stock its 23rd largest position.

Several other institutional investors have also modified their holdings of GS. Wellington Management Group LLP lifted its position in shares of The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after purchasing an additional 936,015 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of The Goldman Sachs Group by 18.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock worth $1,345,924,000 after purchasing an additional 291,280 shares during the last quarter. Danske Bank A S acquired a new stake in The Goldman Sachs Group during the 3rd quarter worth $178,941,000. Alliancebernstein L.P. raised its stake in The Goldman Sachs Group by 14.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,710,516 shares of the investment management company’s stock worth $1,210,618,000 after acquiring an additional 215,230 shares in the last quarter. Finally, Holocene Advisors LP acquired a new stake in The Goldman Sachs Group during the 2nd quarter worth $152,166,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Keefe, Bruyette & Woods lifted their price target on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research note on Friday, January 16th. Zacks Research lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Evercore cut their price target on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Rothschild & Co Redburn cut their price target on shares of The Goldman Sachs Group from $843.00 to $839.00 and set a “neutral” rating on the stock in a research note on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and a consensus target price of $924.24.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman shares showed recent strength after a large one-day rebound driven by heavy trading interest, highlighting the stock’s volatility and continued investor appetite for GS equity momentum. Read More.
• Positive Sentiment: Goldman’s research continues to influence markets — the firm’s analyst calls (e.g., on Netflix) reinforce its franchise in equity research, which supports advisory/trading revenue and client franchise value. Read More.
• Neutral Sentiment: Goldman flagged a material oil-risk scenario (Brent > $100 if Strait of Hormuz disruption persists), a research view that can boost trading and commodities desks but also signal wider market volatility. This is more an industry-macro input than a direct balance-sheet issue for GS. Read More.
• Neutral Sentiment: Q1 earnings (reporting April 13) are the next major catalyst — analysts note strong deal-making and trading momentum but also call out rising costs and valuation risk. Earnings could swing sentiment either way. Read More.
• Negative Sentiment: Goldman’s private‑credit fund narrowly avoided a redemption crisis — a near-miss that raises investor questions about liquidity management and asset‑management risk in a sensitive credit market. That story likely weighed on sentiment today. Read More.
• Negative Sentiment: Several external shops issued cautious takes or cut price targets on GS (and some peer coverage), including UBS trimming its target to $930 and other firms offering pessimistic forecasts — these analyst moves can pressure sentiment and headline flow. Read More. and Read More.

The Goldman Sachs Group Trading Down 0.1%

NYSE GS opened at $904.69 on Friday. 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 firm has a market cap of $266.87 billion, a PE ratio of 17.64, a P/E/G ratio of 1.19 and a beta of 1.32. The Goldman Sachs Group, Inc. has a one year low of $474.00 and a one year high of $984.70. The firm’s fifty day moving average is $871.00 and its two-hundred day moving average is $853.04.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The company had revenue of $15.71 billion for the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The Goldman Sachs Group’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the business posted $11.95 earnings per share. Analysts expect 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 disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders 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. This represents a $18.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 35.09%.

Insider Buying and Selling

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the transaction, the executive vice president directly owned 39,007 shares in the company, valued at approximately $37,408,883.21. The trade was a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Sheara J. Fredman sold 4,863 shares of The Goldman Sachs Group stock in a transaction on 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 completion of the transaction, the chief accounting officer owned 10,301 shares in the company, valued at approximately $9,515,548.75. This represents a 32.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 117,283 shares of company stock valued at $112,016,033 in the last quarter. Corporate insiders own 0.55% of the company’s stock.

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.