Tounjian Advisory Partners LLC cut its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 27.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,996 shares of the investment management company’s stock after selling 1,536 shares during the quarter. The Goldman Sachs Group makes up approximately 1.2% of Tounjian Advisory Partners LLC’s portfolio, making the stock its 16th largest holding. Tounjian Advisory Partners LLC’s holdings in The Goldman Sachs Group were worth $3,512,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC raised its holdings in shares of 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 valued at $5,304,824,000 after acquiring an additional 121,676 shares during the last quarter. Norges Bank acquired a new stake in shares of The Goldman Sachs Group in the second quarter worth approximately $2,138,031,000. Invesco Ltd. boosted its stake in shares of The Goldman Sachs Group by 3.5% in 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 during the last quarter. Legal & General Group Plc increased its position in shares of The Goldman Sachs Group by 1.4% during the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after purchasing an additional 28,642 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position 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 worth $1,345,924,000 after purchasing an additional 291,280 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
GS has been the topic of a number of research reports. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Daiwa Securities Group upped their target price on shares of The Goldman Sachs Group from $927.00 to $940.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. HSBC increased their target price on shares of The Goldman Sachs Group from $742.00 to $802.00 in a research report on Friday, February 6th. UBS Group restated a “neutral” rating and set a $990.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group upped their price objective on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $919.29.
Insider Activity
In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,092 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $936.89, for a total transaction of $1,023,083.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Treasurer Carey Halio sold 2,846 shares of The Goldman Sachs Group stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the sale, the treasurer owned 2,017 shares in the company, valued at $1,870,101.89. This represents a 58.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 117,283 shares of company stock worth $112,016,033. 0.55% of the stock is owned by company insiders.
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman committed $42.5M to a minority stake in TAMP GeoWealth, strengthening its wealth‑management / platform footprint (UMA, tax and AI planning) and creating cross‑sell and recurring‑revenue opportunities. Goldman Sachs to Invest $42.5M in TAMP GeoWealth
- Positive Sentiment: Sources say GS is in early talks to raise at least $10B for a private‑credit fund — a potentially large fee pool that would expand alternatives AUM and diversify revenue away from trading. GS in early talks to raise at least $10B for private credit fund
- Positive Sentiment: CEO commentary flags increased dealmaking in a shifted regulatory backdrop — a constructive signal for advisory pipelines and potential M&A fees. Goldman CEO sees increased dealmaking amid changed regulatory environment
- Positive Sentiment: Goldman’s energy research (saying oil could top 2008 highs and naming top oil/refiner picks) spotlights a trading/research profit opportunity as oil volatility drives client flows across markets. Oil Could Top All-Time Highs Set in 2008, Warns Goldman
- Neutral Sentiment: Goldman published a shareholder letter detailing AI ambitions and the risks that could disrupt its strategy — long‑term productivity gains are offset by implementation and governance risks. Goldman Sachs maps out where it’s pushing AI — and the risks that could upend its strategy
- Neutral Sentiment: Internal moves: Sara Naison‑Tarajano named head of $26B Ayco (operational leadership update that supports wealth/business continuity). Goldman Sachs Names Sara Naison-Tarajano as Head of $26B Ayco
- Negative Sentiment: Goldman is shifting to smaller, rolling layoffs and will make performance‑based cuts beginning in April — may reduce near‑term costs but can weigh on morale, hiring and execution. Goldman Sachs to make small job cuts on performance in April, source says
- Negative Sentiment: Zacks downgraded GS from strong‑buy to hold, a headline that can pressure sentiment among retail/quant flows. Zacks Research downgrade
- Negative Sentiment: Clients are growing cautious about a potential market rout amid Middle East tensions and rising oil — weaker client risk appetite can dent trading volumes and investment activity. Complacency Is Cracking as Goldman Clients Brace for Stocks Rout
The Goldman Sachs Group Trading Up 0.5%
Shares of GS stock opened at $813.55 on Friday. 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 Goldman Sachs Group, Inc. has a twelve month low of $439.38 and a twelve month high of $984.70. The company’s 50-day moving average price is $897.10 and its 200-day moving average price is $845.83. The stock has a market cap of $241.42 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 1.00 and a beta of 1.34.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. During the same period last year, the business earned $11.95 earnings per share. As a group, 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 company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s payout ratio is 35.09%.
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.
Further Reading
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