Cane Capital Partners LLC Purchases New Shares in The Goldman Sachs Group, Inc. $GS

Cane Capital Partners LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,384 shares of the investment management company’s stock, valued at approximately $2,975,000. The Goldman Sachs Group accounts for approximately 1.2% of Cane Capital Partners LLC’s investment portfolio, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Dagco Inc. acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $25,000. Harbor Capital Advisors Inc. acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at $26,000. First PREMIER Bank acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at $28,000. Corundum Trust Company INC acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at $29,000. Finally, Elevation Wealth Partners LLC lifted its stake in The Goldman Sachs Group by 100.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

More The Goldman Sachs Group News

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

  • Positive Sentiment: Goldman’s private‑credit fund avoided the sectorwide redemption wave (requests stayed just under the 5% repurchase cap), signaling stability in fee‑bearing assets and limiting immediate liquidity pressure on GS. Article Title
  • Positive Sentiment: Analysts (Jefferies) expect Goldman to benefit from a trading boom and higher volatility, raising Q1 earnings estimates — a potential catalyst for upside if trading revenue beats. Article Title
  • Neutral Sentiment: Wall Street trading desks, including Goldman’s, are mapping market outcomes as the Iran conflict raises uncertainty — this increases volatility (good for trading flow) but also raises downside risk for deal‑making and markets. Article Title
  • Neutral Sentiment: Goldman research warns copper (and other base metals) could weaken if the Strait of Hormuz disruption persists — a macro/commodity note that informs clients but has only indirect impact on GS’s P&L. Article Title
  • Neutral Sentiment: Goldman published flow research suggesting a recent $240B systematic selloff could flip into gradual buying — useful context for equity‑market positioning but not an immediate company earnings driver. Article Title
  • Negative Sentiment: Several brokers trimmed Goldman’s price targets (Daiwa to $891; Rothschild/Redburn trimmed to $839 and others adjusted targets), creating near‑term sell pressure by reducing upside in analyst models. Article Title Article Title

The Goldman Sachs Group Stock Down 0.3%

Shares of The Goldman Sachs Group stock opened at $863.52 on Wednesday. The firm has a market cap of $254.73 billion, a price-to-earnings ratio of 16.84, a P/E/G ratio of 1.13 and a beta of 1.32. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.66 and a quick ratio of 0.66. The Goldman Sachs Group, Inc. has a 52-week low of $447.11 and a 52-week high of $984.70. The stock has a 50-day simple moving average of $872.29 and a 200-day simple moving average of $852.30.

The Goldman Sachs Group (NYSE:GSGet Free Report) last announced its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.03. The business had revenue of $15.71 billion during 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 firm’s revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the company earned $11.95 EPS. On average, equities research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business 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. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, March 2nd. 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%.

Insiders Place Their Bets

In related news, 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 value of $10,943,868.11. Following the transaction, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at approximately $27,627,546.94. This trade represents a 28.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 39,007 shares in the company, valued at $37,408,883.21. The trade was a 25.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 117,283 shares of company stock worth $112,016,033 in the last three months. 0.55% of the stock is owned by insiders.

Analyst Ratings Changes

GS has been the subject of a number of research reports. Rothschild & Co Redburn decreased their price objective on The Goldman Sachs Group from $843.00 to $839.00 and set a “neutral” rating for the company in a research report on Tuesday. Autonomous Res decreased their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Daiwa Securities Group decreased their price objective on The Goldman Sachs Group from $940.00 to $891.00 and set a “neutral” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. raised their price objective on The Goldman Sachs Group from $815.00 to $826.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Finally, Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Eight investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $927.10.

View Our Latest Stock Report on GS

About The Goldman Sachs Group

(Free Report)

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.

See Also

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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