BXM Wealth LLC Sells 13,165 Shares of The Goldman Sachs Group, Inc. $GS

BXM Wealth LLC reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 97.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 297 shares of the investment management company’s stock after selling 13,165 shares during the quarter. BXM Wealth LLC’s holdings in The Goldman Sachs Group were worth $251,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Dagco Inc. purchased a new stake in shares of The Goldman Sachs Group in the 4th quarter worth about $25,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $26,000. Manning & Napier Advisors LLC increased its stake in shares of 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 worth $27,000 after acquiring an additional 23 shares in the last quarter. Steph & Co. purchased a new position in The Goldman Sachs Group during the 1st quarter valued at about $27,000. Finally, Lifetime Wealth Management P.C. bought a new stake in The Goldman Sachs Group during the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Activity

In other news, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction dated 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 sale, the insider owned 2,578 shares in the company, valued at approximately $2,413,472.04. This trade represents a 30.21% 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, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the transaction, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 33,681 shares of company stock worth $31,737,875. Insiders own 0.55% of the company’s stock.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs strategists said AI spending could drive another strong U.S. earnings season, with S&P 500 earnings projected to jump 22%, a bullish macro backdrop that may support investor confidence in Goldman’s market outlook and client activity. Goldman Sees S&P 500 Earnings Jumping 22% on AI Boom
• Positive Sentiment: Goldman maintained a bullish view on gold and said the rally may not be over, which could help keep commodity-related trading and advisory activity elevated. 4 Gold ETFs That Could Regain Momentum As Goldman Sachs Sees $900 Upside For 2026
• Positive Sentiment: Several analysts raised price targets on Goldman Sachs (GS), including Morgan Stanley and BMO Capital Markets, signaling continued Street confidence in the stock’s valuation. Morgan Stanley adjusts price target on Goldman Sachs BMO Capital adjusts PT on Goldman Sachs
• Neutral Sentiment: Goldman also published research on U.S. stock winners tied to AI, software, copper, and Indian bonds, but these calls are more about market themes than a direct fundamental change for GS. Goldman’s overlooked Al basket just ripped 115% Goldman Sachs Predicts 3 Stocks to Benefit Most From $757B AI’s Capex Supercycle
• Neutral Sentiment: Goldman’s view that Iran-related tensions could support metals demand and its recommendation on India’s 30-year bonds add to the firm’s market commentary, but the stock impact is likely indirect. Copper slips as traders eye Iran peace talks and Fed outlook Goldman backs India 30-year bonds as Iran war impact contained

Analyst Upgrades and Downgrades

GS has been the topic of a number of analyst reports. Evercore dropped their price target on The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating on the stock in a research report on Monday, April 6th. Bank of America decreased their price target on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Citigroup boosted their price objective on shares of The Goldman Sachs Group from $930.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Tuesday, June 23rd. Rothschild & Co Redburn raised their target price on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Finally, BMO Capital Markets boosted their price target on The Goldman Sachs Group from $972.00 to $1,070.00 and gave the company a “market perform” rating in a report on Monday. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and a consensus target price of $974.18.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS opened at $1,022.03 on Tuesday. The stock has a market capitalization of $301.51 billion, a P/E ratio of 18.68, a PEG ratio of 1.33 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52 week low of $691.30 and a 52 week high of $1,125.00. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89. The firm has a fifty day simple moving average of $998.83 and a two-hundred day simple moving average of $929.67.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion for 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 company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the business posted $14.12 earnings per share. On average, analysts expect that The Goldman Sachs Group, Inc. will post 59.6 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Monday, June 1st were given a dividend of $4.50 per share. The ex-dividend date was Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.8%. The Goldman Sachs Group’s payout ratio is 32.89%.

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.