Swiss Life Asset Management Ltd Grows Stock Holdings in The Goldman Sachs Group, Inc. $GS

Swiss Life Asset Management Ltd raised its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 26.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 59,689 shares of the investment management company’s stock after purchasing an additional 12,598 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in The Goldman Sachs Group were worth $52,467,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Acropolis Investment Management LLC increased its position in shares of The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after acquiring an additional 11 shares during the period. Walkner Condon Financial Advisors LLC increased its position in shares of The Goldman Sachs Group by 2.0% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock valued at $505,000 after acquiring an additional 11 shares during the period. Optas LLC increased its position in shares of The Goldman Sachs Group by 0.4% in the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after acquiring an additional 11 shares during the period. Pines Wealth Management LLC increased its position in shares of The Goldman Sachs Group by 0.4% in the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after acquiring an additional 11 shares during the period. Finally, Terra Nova Asset Management LLC increased its position in shares of The Goldman Sachs Group by 0.5% in the fourth quarter. Terra Nova Asset Management LLC now owns 2,650 shares of the investment management company’s stock valued at $2,329,000 after acquiring an additional 12 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on GS shares. UBS Group boosted their price objective on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. Argus boosted their price target on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Daiwa Securities Group boosted their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Morgan Stanley reduced their price target on shares of The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 31st. Finally, HSBC boosted their price target on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $942.24.

The Goldman Sachs Group Price Performance

Shares of GS opened at $936.72 on Monday. The stock has a market cap of $276.34 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.21 and a beta of 1.28. 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 Goldman Sachs Group, Inc. has a fifty-two week low of $565.78 and a fifty-two week high of $984.70. The firm’s 50-day simple moving average is $870.56 and its two-hundred day simple moving average is $871.13.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion for the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $14.12 earnings per share. Analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

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

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total value of $9,571,380.17. Following the sale, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. This represents a 61.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John F.W. Rogers sold 2,704 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $960.99, for a total transaction of $2,598,516.96. Following the completion of the sale, the executive vice president owned 9,428 shares in the company, valued at approximately $9,060,213.72. This trade represents a 22.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,679 shares of company stock worth $40,272,963 in the last ninety days. 0.55% of the stock is owned by company insiders.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs said a Trump-Xi summit could help accelerate gains in the Chinese yuan, reinforcing its view that China’s currency may strengthen if trade tensions ease. That could be seen as a sign Goldman’s currency strategists are still influential on global markets. Article Title
• Positive Sentiment: Jim Cramer said he thinks Goldman Sachs is “going higher,” and pointed to the firm as a likely winner from giant IPO activity ahead. That supports the bullish case for GS’s investment banking pipeline. Article Title
• Neutral Sentiment: Goldman Sachs also highlighted a retirement survey showing consumers are under pressure from expenses and need more structured planning. While this is more of a brand/marketing story than a direct earnings driver, it keeps Goldman visible in wealth management and asset management. Article Title
• Neutral Sentiment: Goldman reportedly delayed its Federal Reserve rate-cut outlook to late 2026, citing inflation pressure from higher energy prices tied to Middle East tensions. This is an important macro view, but it is more relevant for rates and markets broadly than for GS’s near-term fundamentals. Article Title

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.