Geremia Financial Services LLC Takes Position in The Goldman Sachs Group, Inc. $GS

Geremia Financial Services LLC bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,059 shares of the investment management company’s stock, valued at approximately $13,237,000. The Goldman Sachs Group accounts for about 10.9% of Geremia Financial Services LLC’s investment portfolio, making the stock its 2nd biggest position.

Several other hedge funds have also bought and sold shares of the business. Fisher Asset Management LLC raised its holdings in The Goldman Sachs Group by 1.9% during the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock worth $5,304,824,000 after buying an additional 121,676 shares during the last quarter. Norges Bank acquired a new position in shares of The Goldman Sachs Group during the second quarter valued at about $2,138,031,000. Invesco Ltd. increased its position in shares of The Goldman Sachs Group by 3.5% during the third quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock worth $2,319,905,000 after acquiring an additional 97,387 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of The Goldman Sachs Group by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after acquiring an additional 28,642 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in The Goldman Sachs Group by 18.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,895,752 shares of the investment management company’s stock valued at $1,345,924,000 after acquiring an additional 291,280 shares in the last quarter. Institutional investors and hedge funds own 71.21% 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 has disclosed meaningful institutional exposure to spot XRP ETFs (reported ~$152–153M), signaling the firm’s active role in crypto ETF flows and potential asset‑management/trading revenue from tokenized products. XRP ETF disclosure
• Positive Sentiment: Goldman‑backed Canton Network linked with LayerZero to enable regulated cross‑chain token transfers — a sign Goldman‑aligned projects gaining traction and a potential long‑term revenue angle in tokenization and institutional blockchain services. Canton links with LayerZero
• Positive Sentiment: Goldman was appointed financial advisor to Golar LNG for a strategic review — an example of advisory mandate wins that generate fees and bolster investment banking pipelines. Golar LNG strategic review
• Neutral Sentiment: Goldman’s research activity is prominent across markets (raising/lowering targets and revising regional rate/earnings views), which is business‑as‑usual but keeps GS central to market narratives. Example coverage: price‑target moves and Asia rate Outlook. Asia rate outlook
• Negative Sentiment: Multiple insiders sold roughly $136M of GS stock recently — a direct negative signal that can pressure sentiment and contribute to the share‑price decline. Insider sales report
• Negative Sentiment: Former GS executives (including Lloyd Blankfein) and other sources warn of elevated private‑market markdown risk — this raises concerns about write‑downs or valuation stress in GS’s private‑markets exposure and wealth/asset‑management portfolios. Blankfein private markets warning Seeking Alpha
• Negative Sentiment: Goldman’s own research warns of an oil‑shock economic hit (U.S. payroll losses, higher recession odds) and it downgraded India’s outlook — a macro backdrop and regional downgrade cycle that could hit trading volumes, M&A activity and fee revenue. Oil shock job impact India downgrade

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $821.85 on Friday. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The company’s 50 day moving average price is $887.83 and its two-hundred day moving average price is $847.70. The stock has a market cap of $242.44 billion, a P/E ratio of 16.02, a P/E/G ratio of 1.01 and a beta of 1.34. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS) last released its 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 company 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 Goldman Sachs Group’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $11.95 earnings per share. On average, equities 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a $4.50 dividend. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.

Insider Activity

In other news, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the sale, the executive vice president directly owned 39,007 shares of the company’s stock, valued at $37,408,883.21. This trade represents a 25.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David M. Solomon sold 272 shares of The Goldman Sachs Group stock in a transaction 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 sale, the chief executive officer owned 125,527 shares in the company, valued at $117,859,810.84. The trade was a 0.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Bank of America lifted their price target on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Wells Fargo & Company lifted their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Zacks Research downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Barclays increased their price target on The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Eight investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $919.29.

The Goldman Sachs Group 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.