Patton Albertson Miller Group LLC Sells 1,089 Shares of The Goldman Sachs Group, Inc. $GS

Patton Albertson Miller Group LLC lessened its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,527 shares of the investment management company’s stock after selling 1,089 shares during the quarter. The Goldman Sachs Group comprises 1.3% of Patton Albertson Miller Group LLC’s holdings, making the stock its 18th biggest position. Patton Albertson Miller Group LLC’s holdings in The Goldman Sachs Group were worth $11,012,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Dagco Inc. acquired a new stake in shares of The Goldman Sachs Group in the 4th quarter worth $25,000. Corundum Trust Company INC purchased a new stake in The Goldman Sachs Group in the third quarter valued at about $29,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of The Goldman Sachs Group during the fourth quarter worth about $31,000. Joseph Group Capital Management acquired a new position in shares of The Goldman Sachs Group during the fourth quarter valued at about $37,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of The Goldman Sachs Group in the 4th quarter valued at approximately $39,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the sale, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This represents a 28.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John F.W. Rogers sold 2,704 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $960.99, for a total value of $2,598,516.96. Following the sale, the executive vice president owned 9,428 shares in the company, valued at $9,060,213.72. This trade represents a 22.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 42,302 shares of company stock valued at $39,938,686. 0.55% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

GS has been the topic of several research analyst reports. Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Argus lifted their price target on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Autonomous Res cut their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. Finally, BMO Capital Markets lifted their target price on The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a report on Monday, April 20th. Nine investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $926.29.

The Goldman Sachs Group Stock Up 2.1%

Shares of GS opened at $938.25 on Thursday. The company has a market capitalization of $276.79 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 1.18 and a beta of 1.28. The Goldman Sachs Group, Inc. has a 52 week low of $547.74 and a 52 week high of $984.70. The stock’s 50-day moving average price is $870.11 and its 200-day moving average price is $869.90. The company has a quick ratio of 0.66, a current ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The company had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. During the same period in the previous year, the company posted $14.12 earnings per share. The Goldman Sachs Group’s revenue for the quarter was up 14.4% on a year-over-year basis. On average, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is a founding partner in a new, roughly $1.5B AI‑services venture with Anthropic (and PE partners) to embed Anthropic’s Claude models across portfolio and mid‑market companies — this creates distribution for AI services, potential recurring revenue, and deeper client relationships. Read More.
• Positive Sentiment: Goldman’s broader AI pivot and tech overhaul (firmwide efficiency push plus Anthropic partnership) reinforces a narrative of reshaping revenue mix and lowering costs over time — a strategic driver analysts cite for upside to EPS and margins. Read More.
• Positive Sentiment: Recent Q1 results beat consensus (EPS and revenue upside), underscoring trading/asset‑management momentum and supporting current valuation metrics. That print remains a near‑term fundamental tailwind. Read More.
• Neutral Sentiment: Daiwa raised its price target to $930 but kept a neutral rating — a modest signal on valuation without a buy endorsement. Read More.
• Neutral Sentiment: Goldman added members to its management committee and named a new chief administrative officer — governance/operational moves investors should note but that are unlikely to shift near‑term earnings. Read More.
• Neutral Sentiment: Macro/sector risk remains relevant — commentary about a potential Fed chair change and interest‑rate/volatility regime could redistribute bank winners and losers; this is a sector driver more than a GS‑specific catalyst. Read More.
• Negative Sentiment: Insider selling: Chief Accounting Officer Sheara J. Fredman sold 10,301 shares (substantial reduction of her holding) — a visible, short‑term negative signal that can weigh on sentiment even if sales have benign explanations. Read More.
• Negative Sentiment: Some sell‑side skepticism persists: certain firms (e.g., HSBC) kept conservative ratings/targets, signaling ongoing concerns about valuation and downside risk despite the AI narrative. Read More.

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.