Little House Capital LLC Purchases 556 Shares of The Goldman Sachs Group, Inc. $GS

Little House Capital LLC boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 7.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,735 shares of the investment management company’s stock after purchasing an additional 556 shares during the quarter. The Goldman Sachs Group comprises 1.7% of Little House Capital LLC’s investment portfolio, making the stock its 21st biggest position. Little House Capital LLC’s holdings in The Goldman Sachs Group were worth $6,543,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Dagco Inc. bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of The Goldman Sachs Group in the fourth quarter worth $26,000. Manning & Napier Advisors LLC boosted its stake in The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares during the period. Steph & Co. bought a new stake in The Goldman Sachs Group during the first quarter valued at $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in The Goldman Sachs Group during the fourth quarter worth about $29,000. 71.21% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Daiwa Securities Group upped their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday. Rothschild & Co Redburn lifted their target price on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Finally, Barclays boosted their price target on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $1,061.43.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs was added to the Zacks Rank #1 (Strong Buy) list, reinforcing bullish sentiment around the stock after its strong quarterly results.
• Positive Sentiment: The bank also made Zacks’ Strong Buy income stocks list, reflecting investor interest in Goldman Sachs as a dividend and total-return play.
• Positive Sentiment: Bank of America raised its price target on Goldman Sachs to $1,300 from $1,150 and kept a buy rating, implying additional upside from current levels.
• Positive Sentiment: JPMorgan and other commentary highlighted Goldman Sachs’ strong first-half M&A performance, along with record Q2 results and a 25% dividend increase plus a $4 billion share repurchase program.
• Positive Sentiment: Goldman Sachs’ equity underwriting revenue jumped sharply, helped by renewed capital markets activity and AI-related deal flow, which supports optimism for future investment banking revenue.
• Neutral Sentiment: Separately, Goldman Sachs disclosed a 3.5% voting interest in Qiagen, a portfolio-related filing that is not clearly material to Goldman’s own earnings outlook.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,116 shares of the stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the transaction, the chief accounting officer directly owned 6,338 shares in the company, valued at $5,889,079.46. This trade represents a 61.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 32,566 shares of company stock worth $30,712,978 in the last three months. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Trading Down 2.7%

Shares of GS stock opened at $1,066.28 on Friday. The company has a quick ratio of 0.63, a current ratio of 1.11 and a debt-to-equity ratio of 2.83. The business has a 50-day moving average price of $1,035.20 and a two-hundred day moving average price of $945.44. The Goldman Sachs Group, Inc. has a 12-month low of $691.88 and a 12-month high of $1,153.99. The firm has a market cap of $314.56 billion, a P/E ratio of 16.46, a price-to-earnings-growth ratio of 1.20 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The firm had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The company’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same period in the prior year, the business earned $10.91 EPS. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 66.83 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a $5.00 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is currently 30.87%.

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.