Retirement Systems of Alabama cut its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 0.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 172,741 shares of the investment management company’s stock after selling 771 shares during the period. Retirement Systems of Alabama’s holdings in The Goldman Sachs Group were worth $151,839,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of GS. Dagco Inc. purchased a new stake in shares of The Goldman Sachs Group during the fourth quarter worth $25,000. Harbor Capital Advisors Inc. bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at $26,000. First PREMIER Bank bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at $28,000. Corundum Trust Company INC purchased a new stake in The Goldman Sachs Group during the 3rd quarter worth about $29,000. Finally, Elevation Wealth Partners LLC lifted its holdings in The Goldman Sachs Group by 100.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after purchasing an additional 20 shares in the last quarter. Institutional investors own 71.21% 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: Goldman was hired by T&G Global to advise on a possible sale — a direct investment‑banking mandate that can generate meaningful advisory fees and support deal pipeline visibility. T&G Global hires Goldman Sachs to work on possible sale
- Positive Sentiment: The Fed is proposing to loosen bank capital rules — Zacks highlights this as a potential boost to Goldman’s lending capacity, return of capital and overall profitability if finalized. Regulatory relief would be a sizable positive for large banks. Fed Set to Loosen Capital Rules: A Boost for Goldman’s Expansion
- Positive Sentiment: Goldman traders report signs hedge funds are capitulating on equities — if sustained, that could drive trading and prime‑brokerage flow revenues for GS’s markets business. Goldman traders see signs hedge funds are capitulating on stocks
- Positive Sentiment: Goldman’s public outreach on AI (including events with senior advisers) boosts its advisory/research positioning in a high‑interest thematic area, supporting long‑term fee opportunities. Former UK PM, Now Goldman Adviser, Says Small Businesses Can’t Ignore AI
- Neutral Sentiment: Goldman executed block trades in India, picking up stakes in Jio Financial and BHEL — shows active trading/client execution but not directly material to US earnings. Goldman Sachs picks stakes in Jio Financial, BHEL via block deals. Check sellers
- Neutral Sentiment: Third‑party roundups of Goldman’s AI research/stock lists and routine coverage actions (e.g., initiating Qualcomm coverage) reinforce GS’s research influence but are incremental for the stock. Goldman Sachs AI Stocks: Top 5 Stocks to Buy Goldman Sachs Initiates Qualcomm at Neutral With a $135 Price Target
- Negative Sentiment: A Seeking Alpha critique flags valuation/risk issues in Goldman Sachs BDC — negative headlines for the BDC could pressure sentiment around GS’s asset‑management/credit businesses. Goldman Sachs BDC’s Risky Math: Buying The Discount, Ignoring The Drift
- Negative Sentiment: Worsening Middle East tensions and bond‑market volatility raise macro risks — higher oil and recession fears could dent investment‑banking and markets activity if volatility persists. Trump’s Iran War Just Triggered A Second Shockwave — This One Is In The Bond Market
Analysts Set New Price Targets
Read Our Latest Analysis on GS
Insider Activity at The Goldman Sachs Group
In other The Goldman Sachs Group news, 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 transaction of $12,612,203.53. Following the sale, the executive vice president owned 39,007 shares in the company, valued at $37,408,883.21. This trade represents a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Treasurer Carey Halio sold 2,846 shares of The Goldman Sachs Group stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $927.17, for a total value of $2,638,725.82. Following the sale, the treasurer directly owned 2,017 shares of the company’s stock, valued at approximately $1,870,101.89. This trade represents a 58.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 117,283 shares of company stock worth $112,016,033 in the last three months. 0.55% of the stock is owned by insiders.
The Goldman Sachs Group Stock Performance
Shares of GS opened at $808.02 on Tuesday. The Goldman Sachs Group, Inc. has a 12-month low of $439.38 and a 12-month high of $984.70. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The company has a market cap of $238.36 billion, a PE ratio of 15.75, a price-to-earnings-growth ratio of 0.97 and a beta of 1.34. The stock has a 50-day moving average price of $881.59 and a 200-day moving average price of $849.44.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same period in the prior year, the business earned $11.95 earnings per share. The Goldman Sachs Group’s revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, equities analysts forecast 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. Stockholders of record on Monday, March 2nd were given a dividend of $4.50 per share. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date was Monday, March 2nd. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is 35.09%.
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.
Further Reading
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