The Goldman Sachs Group, Inc. $GS Shares Acquired by BNC Wealth Management LLC

BNC Wealth Management LLC increased its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 13.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,165 shares of the investment management company’s stock after acquiring an additional 630 shares during the period. BNC Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $4,540,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hartline Investment Corp raised its stake in The Goldman Sachs Group by 153.3% in the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock valued at $1,132,000 after buying an additional 860 shares in the last quarter. A4 Wealth Advisors LLC acquired a new stake in The Goldman Sachs Group in the third quarter valued at $940,000. Stevens Capital Management LP acquired a new stake in The Goldman Sachs Group in the third quarter valued at $1,392,000. Meridian Wealth Management LLC raised its stake in The Goldman Sachs Group by 39.4% in the third quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock valued at $1,857,000 after buying an additional 659 shares in the last quarter. Finally, AlTi Global Inc. raised its stake in The Goldman Sachs Group by 87.3% in the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock valued at $23,707,000 after buying an additional 13,879 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $904.69 on Friday. The stock’s 50-day moving average is $871.00 and its two-hundred day moving average is $853.04. The firm has a market cap of $266.87 billion, a price-to-earnings ratio of 17.64, a PEG ratio of 1.19 and a beta of 1.32. The Goldman Sachs Group, Inc. has a 1 year low of $474.00 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 Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 15.72% and a net margin of 13.73%.The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the company posted $11.95 earnings per share. Analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 2nd were issued a dividend of $4.50 per share. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio is 35.09%.

Insider Activity

In related news, insider Kathryn H. Ruemmler sold 9,589 shares of the firm’s stock in a transaction dated Friday, January 23rd. The stock was 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 of the company’s stock, valued at $17,189,542.83. This trade represents a 34.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was 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. This represents a 25.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 117,283 shares of company stock valued at $112,016,033. 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: 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.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Evercore cut their price target on 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. HSBC cut their price target on The Goldman Sachs Group from $802.00 to $729.00 in a research note on Wednesday, April 1st. Argus raised their price objective on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Daiwa Securities Group dropped their price objective on The Goldman Sachs Group from $940.00 to $891.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Wells Fargo & Company raised their price objective on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Eight analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average 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.