FourThought Financial Partners LLC Purchases 907 Shares of The Goldman Sachs Group, Inc. $GS

FourThought Financial Partners LLC raised its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 13.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,854 shares of the investment management company’s stock after acquiring an additional 907 shares during the quarter. FourThought Financial Partners LLC’s holdings in The Goldman Sachs Group were worth $6,254,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in The Goldman Sachs Group during the second quarter valued at approximately $2,138,031,000. Laurel Wealth Advisors LLC raised its holdings in The Goldman Sachs Group by 100,678.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 404,122 shares of the investment management company’s stock worth $286,017,000 after purchasing an additional 403,721 shares during the period. Ameriprise Financial Inc. grew its holdings in 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 valued at $1,345,924,000 after purchasing an additional 291,280 shares during the period. Fisher Asset Management LLC increased its position in The Goldman Sachs Group by 3.6% in the second quarter. Fisher Asset Management LLC now owns 6,539,746 shares of the investment management company’s stock worth $4,628,507,000 after buying an additional 227,604 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of The Goldman Sachs Group by 14.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,710,516 shares of the investment management company’s stock valued at $1,210,618,000 after buying an additional 215,230 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 1.3%

Shares of GS stock opened at $832.42 on Tuesday. The company’s fifty day simple moving average is $917.40 and its two-hundred day simple moving average is $842.60. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The stock has a market cap of $247.02 billion, a P/E ratio of 16.23, a PEG ratio of 1.01 and a beta of 1.34. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $11.95 earnings per share. Analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio is presently 35.09%.

Insider Buying and Selling at The Goldman Sachs Group

In other news, CEO David M. Solomon sold 272 shares of the stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total transaction of $255,386.24. Following the completion of the transaction, the chief executive officer directly owned 125,527 shares in the company, valued at approximately $117,859,810.84. This represents a 0.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Treasurer Carey Halio sold 2,846 shares of the firm’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total transaction of $2,638,725.82. Following the completion of the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 117,283 shares of company stock worth $112,016,033. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: UBS raised its price target on GS, citing a stronger capital markets outlook — a vote of confidence that supports medium-term earnings expectations and could help buy-side sentiment. Read More.
• Positive Sentiment: Goldman is pitching a new product that lets hedge funds take short or long positions on corporate loans — this is a fee-generating markets/structuring opportunity if client demand holds. Read More.
• Positive Sentiment: Goldman Sachs Alternatives invested in Schellman to expand AI governance, compliance and digital trust offerings — a strategic move to capture growing advisory/private-market fee pools tied to AI oversight. Read More.
• Neutral Sentiment: Goldman data show hedge funds are adding short bets on U.S. stocks and boosting ETF shorts amid Middle East tensions and volatility — this highlights elevated trading volumes and spread business but also greater market risk. Read More.
• Neutral Sentiment: Goldman commentary flags a rapid unwind of momentum trades and concentration risk in winners — useful for investors assessing potential near-term market shifts that affect GS trading revenues. Read More.
• Neutral Sentiment: Former CEO Lloyd Blankfein criticized DEI programs as counterproductive — notable for reputational discussion but unlikely to move fundamentals materially. Read More.
• Negative Sentiment: A Goldman-led lender group is bracing for losses on debt backing Arclin after demand cooled — a direct credit exposure that could weigh on loan-related income or provisions if losses crystallize. Read More.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GS. Jefferies Financial Group increased their price objective on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. HSBC increased their price target on The Goldman Sachs Group from $742.00 to $802.00 in a research note on Friday, February 6th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research report on Friday, January 16th. Keefe, Bruyette & Woods upped their price objective on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research note on Friday, January 16th. Finally, BMO Capital Markets increased their target price on The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $916.86.

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.