Financiere des Professionnels Fonds d investissement inc. Trims Stake in The Goldman Sachs Group, Inc. $GS

Financiere des Professionnels Fonds d investissement inc. lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 45.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,083 shares of the investment management company’s stock after selling 5,038 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in The Goldman Sachs Group were worth $5,347,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in GS. Dagco Inc. bought a new position in The Goldman Sachs Group in the 4th quarter valued at $25,000. Manning & Napier Advisors LLC grew its position in The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 23 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in The Goldman Sachs Group in the 4th quarter valued at $31,000. Entrust Financial LLC bought a new position in The Goldman Sachs Group in the 4th quarter valued at $34,000. Finally, Graney & King LLC grew its position in The Goldman Sachs Group by 51.5% in the 2nd quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock valued at $35,000 after acquiring an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Buying and Selling

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the transaction, the insider directly owned 15,657 shares in the company, valued at approximately $14,703,018.99. This trade represents a 47.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the transaction, the insider owned 2,578 shares in the company, valued at $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have 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 Roundup

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

• Positive Sentiment: Goldman continues to benefit from its role in a potential rebound in capital-markets activity, with reports that it could earn fees from a wave of AI-related IPOs and that its bankers are competing for top underwriting roles on high-profile listings. Article Title
• Positive Sentiment: The firm’s trading and investing franchise is also drawing attention after Goldman disclosed stakes in Qiagen and other activity that signals continued deal flow and portfolio exposure. Article Title
• Neutral Sentiment: Goldman’s own research and market commentary on rates, AI jobs, and bank regulation remain in focus, but these are more background themes than direct stock-moving catalysts. Article Title
• Negative Sentiment: Investors are reacting to new scrutiny from U.S. lawmakers over Goldman’s decision to keep top lawyer Kathy Ruemmler as an adviser despite her reported Epstein ties, adding governance and reputational overhang. Article Title
• Negative Sentiment: Separately, reports that an outgoing Goldman executive opposed David Solomon’s support for Ruemmler are keeping the story alive and may reinforce investor concerns about internal management judgment. Article Title
• Negative Sentiment: Bearish commentary around insiders selling shares and articles questioning whether GS is still attractive at current levels are also adding pressure on sentiment. Article Title

The Goldman Sachs Group Stock Down 3.0%

NYSE:GS opened at $1,000.58 on Thursday. The Goldman Sachs Group, Inc. has a 1-year low of $609.59 and a 1-year high of $1,098.36. The company has a 50-day moving average of $949.45 and a 200 day moving average of $906.94. The firm has a market cap of $295.18 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last released 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 Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. During the same period in the prior year, the firm earned $14.12 earnings per share. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued a $4.50 dividend. The ex-dividend date is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.89%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. UBS Group upped their price target on shares of The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Jefferies Financial Group lowered their price objective on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Dbs Bank raised their target price on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Finally, Weiss Ratings lowered shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $943.95.

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.