BIP Wealth LLC Acquires 1,346 Shares of The Goldman Sachs Group, Inc. $GS

BIP Wealth LLC grew its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 250.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,884 shares of the investment management company’s stock after purchasing an additional 1,346 shares during the quarter. BIP Wealth LLC’s holdings in The Goldman Sachs Group were worth $1,656,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in GS. Wellington Management Group LLP boosted its stake in shares of The Goldman Sachs Group by 110.8% during the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after purchasing an additional 936,015 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of The Goldman Sachs Group by 18.2% during the second quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after purchasing an additional 291,280 shares in the last quarter. Danske Bank A S acquired a new stake in shares of The Goldman Sachs Group during the third quarter valued at about $178,941,000. Alliancebernstein L.P. boosted its stake in shares of The Goldman Sachs Group by 14.4% during the second quarter. Alliancebernstein L.P. now owns 1,710,516 shares of the investment management company’s stock valued at $1,210,618,000 after purchasing an additional 215,230 shares in the last quarter. Finally, Holocene Advisors LP acquired a new stake in shares of The Goldman Sachs Group during the second quarter valued at about $152,166,000. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group Trading Up 4.9%

Shares of GS stock opened at $906.27 on Thursday. The company has a market cap of $267.34 billion, a P/E ratio of 17.67, a PEG ratio of 1.13 and a beta of 1.32. The stock has a 50 day simple moving average of $871.68 and a two-hundred day simple moving average of $852.68. 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, Inc. has a fifty-two week low of $447.11 and a fifty-two week high of $984.70.

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 business had revenue of $15.71 billion during the quarter, compared to the consensus estimate 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 for the quarter was down 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $11.95 earnings per share. Research 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 announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 2nd were issued a $4.50 dividend. The ex-dividend date was Monday, March 2nd. 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 yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio is presently 35.09%.

Insiders Place Their Bets

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group 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 completion of the sale, the chief financial officer directly owned 29,342 shares in the company, valued at approximately $27,627,546.94. The trade was a 28.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO David M. Solomon sold 272 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total value of $255,386.24. Following the completion of the sale, the chief executive officer owned 125,527 shares of the company’s stock, valued at approximately $117,859,810.84. The trade was a 0.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 117,283 shares of company stock valued at $112,016,033 in the last 90 days. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Roundup

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.

Analyst Ratings Changes

A number of analysts have recently commented on GS shares. Wells Fargo & Company lifted their price target on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Royal Bank Of Canada lifted their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 20th. Keefe, Bruyette & Woods lifted their price objective on 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. Bank of America lifted their price objective on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Finally, Morgan Stanley cut 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. Eight investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently 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.