Victory Financial Group LLC Buys 896 Shares of The Goldman Sachs Group, Inc. $GS

Victory Financial Group LLC increased its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 59.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,398 shares of the investment management company’s stock after buying an additional 896 shares during the period. Victory Financial Group LLC’s holdings in The Goldman Sachs Group were worth $2,108,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hartline Investment Corp raised its position in shares of The Goldman Sachs Group by 153.3% in the 3rd quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock worth $1,132,000 after purchasing an additional 860 shares during the last quarter. A4 Wealth Advisors LLC purchased a new stake in The Goldman Sachs Group during the 3rd quarter valued at about $940,000. Stevens Capital Management LP bought a new stake in The Goldman Sachs Group during the 3rd quarter valued at about $1,392,000. Meridian Wealth Management LLC increased its stake in The Goldman Sachs Group by 39.4% during the 3rd quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company’s stock valued at $1,857,000 after purchasing an additional 659 shares in the last quarter. Finally, AlTi Global Inc. raised its holdings in The Goldman Sachs Group by 87.3% in the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock worth $23,707,000 after buying an additional 13,879 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

Insider Activity

In related news, CFO Denis P. Coleman sold 11,623 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the completion of the sale, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kathryn H. Ruemmler sold 9,589 shares of the stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $927.51, for a total value of $8,893,893.39. Following the completion of the transaction, the insider directly owned 18,533 shares in the company, valued at approximately $17,189,542.83. This represents a 34.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 117,283 shares of company stock worth $112,016,033. Insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. BMO Capital Markets upped their target price on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 20th. Daiwa Securities Group raised their price target on shares of The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Bank of America upped their price objective on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Royal Bank Of Canada increased their target price on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Finally, Argus lifted their target price on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Eight investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $919.29.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $844.98 on Wednesday. The company has a 50 day moving average price of $879.64 and a 200-day moving average price of $849.89. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The firm has a market capitalization of $249.26 billion, a PE ratio of 16.47, a P/E/G ratio of 0.97 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 Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the prior year, the firm earned $11.95 earnings per share. The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, equities research analysts expect 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 was paid on Monday, March 30th. Stockholders of record on Monday, March 2nd were issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was 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 payout ratio is currently 35.09%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Potential regulatory tailwind — the Federal Reserve’s proposal to loosen capital rules would ease constraints on banks and is seen as a direct boost to Goldman’s ability to expand lending and returns, which could lift profitability and shareholder returns. Read More.
• Positive Sentiment: Investment banking pipeline — Bloomberg reports Goldman (with BofA) is positioned to capture a bigger share of Japan equity capital markets deals, implying near-term fee growth in ECM if issuance picks up. Read More.
• Positive Sentiment: Trading / principal activity — Goldman acquired stakes in Indian names (Jio Financial, BHEL) via block deals, showing active principal/trading deployment and potential trading/arrangement revenues. That can support near-term fees and trading income. Read More.
• Neutral Sentiment: Strategic messaging to clients — Goldman struck a surprisingly constructive tone on equities, arguing the recent sell-off may have improved the short-term setup. This is more sentiment-setting than a direct revenue driver, but it can influence investor positioning. Read More.
• Neutral Sentiment: Research visibility (gold outlook) — Goldman reaffirmed a bullish long-term gold target ($5,400) despite a sharp pullback; positive for the firm’s research credibility and potential client flows into related trading products, but limited direct P&L impact. Read More.
• Neutral Sentiment: Macro commentary — Goldman strategists warn the Iran war will dent growth and confidence even with a quick resolution; useful for risk management and client guidance but a cautionary input rather than an immediate revenue event. Read More.
• Negative Sentiment: Product/service execution delay — Goldman told clients that a tool for shorting loans isn’t ready, a delay that may defer expected client flows and fee opportunities from that product. Read More.
• Negative Sentiment: Regional research caution — Goldman downgraded Indian equities to “marketweight” and cut its Nifty target, reflecting conservative outlooks amid geopolitical and commodity risks; this signals caution to institutional clients and could weigh on activity in that region. Read More.

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.