614 Shares in The Goldman Sachs Group, Inc. $GS Acquired by BDFS Capital LLC

BDFS Capital LLC bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 614 shares of the investment management company’s stock, valued at approximately $540,000.

Several other institutional investors and hedge funds also recently made changes to their positions in GS. Tempo Wealth LLC bought a new stake in shares of The Goldman Sachs Group during the fourth quarter worth $2,853,000. MidFirst Bank bought a new stake in The Goldman Sachs Group in the 4th quarter valued at $13,941,000. SG Trading Solutions LLC bought a new stake in The Goldman Sachs Group in the 4th quarter valued at $1,215,000. Stone Wealth Partners acquired a new position in The Goldman Sachs Group in the 4th quarter worth $239,000. Finally, Sonoma Allocations LLC boosted its stake in The Goldman Sachs Group by 6.0% in the 4th quarter. Sonoma Allocations LLC now owns 603 shares of the investment management company’s stock worth $569,000 after purchasing an additional 34 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Activity

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total value of $13,421,188.44. Following the sale, the insider directly owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total value of $1,044,776.88. Following the transaction, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. The trade was a 30.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs crossed $1 trillion in M&A advisory volume year to date, the fastest pace ever for a bank, which points to a strong pipeline for investment banking and advisory fee growth. Goldman Tops $1 Trillion in M&A Deals, Fastest to Reach the Mark
• Positive Sentiment: That dealmaking milestone suggests Goldman Sachs could benefit from a broader rebound in capital markets activity and stronger fee income in coming quarters. GS Crosses $1T in M&A Deals: Catalyst for Advisory Fee Growth?
• Neutral Sentiment: Former Goldman Sachs executive Rob Kaplan said the Federal Reserve may need to raise rates as soon as September if inflation stays elevated, reinforcing expectations for a more hawkish rate backdrop that could influence bank trading and markets activity. Goldman’s Kaplan Says Fed May Need to Hike as Soon as September
• Neutral Sentiment: Goldman also warned that Big Tech’s massive AI spending could pressure returns on equity, a broader market view that may matter more for client sentiment than for GS’s own earnings. Goldman Sachs Warns Big Tech’s $770 Billion AI Spending Frenzy Could Backfire— Here’s Why
• Negative Sentiment: Bank stocks may face pressure if regulators tighten Basel capital rules, since banks are pushing for more relief amid concerns that tougher market-risk requirements could curb Treasury liquidity and raise trading capital needs. Banks Push for More Basel Relief Amid Treasury Liquidity Fears

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,099.46 on Friday. The Goldman Sachs Group, Inc. has a 52-week low of $630.01 and a 52-week high of $1,125.00. The company has a market cap of $324.35 billion, a P/E ratio of 20.09, a P/E/G ratio of 1.41 and a beta of 1.30. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The stock’s 50-day simple moving average is $975.46 and its 200 day simple moving average is $918.48.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business’s revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $14.12 earnings per share. As a group, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 59.6 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced 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. This represents a $18.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s payout ratio is presently 32.89%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. CICC Research increased their target price on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Evercore reduced their price objective on The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a research report on Monday, April 6th. Weiss Ratings cut The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Finally, Wells Fargo & Company dropped their target price on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $941.82.

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.