Atria Investments Inc Trims Stock Position in The Goldman Sachs Group, Inc. $GS

Atria Investments Inc lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 7.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 20,385 shares of the investment management company’s stock after selling 1,551 shares during the period. Atria Investments Inc’s holdings in The Goldman Sachs Group were worth $17,918,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Hartline Investment Corp boosted its holdings in shares of The Goldman Sachs Group by 153.3% during 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 shares of The Goldman Sachs Group during the 3rd quarter valued at approximately $940,000. Stevens Capital Management LP purchased a new stake in The Goldman Sachs Group in the third quarter valued at approximately $1,392,000. Meridian Wealth Management LLC raised its position in The Goldman Sachs Group by 39.4% in the third 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 during the period. Finally, AlTi Global Inc. raised its position 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 valued at $23,707,000 after purchasing an additional 13,879 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $954.65 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The firm has a fifty day moving average price of $874.83 and a 200 day moving average price of $876.52. The company has a market cap of $281.63 billion, a P/E ratio of 17.45, a PEG ratio of 1.22 and a beta of 1.28. The Goldman Sachs Group, Inc. has a 12 month low of $582.50 and a 12 month high of $984.70.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $14.12 earnings per share. Sell-side analysts predict that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

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

Insider Buying and Selling

In related news, insider Alex S. Golten sold 1,116 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the transaction, the insider owned 2,578 shares in the company, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the transaction, the chief accounting officer owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 26,824 shares of company stock worth $25,062,242. Corporate insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on GS shares. 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 report on Friday, January 16th. Daiwa Securities Group upped their price objective on The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Rothschild & Co Redburn upped their price objective on The Goldman Sachs Group from $839.00 to $870.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Finally, Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $942.24.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs’ alternatives unit acquired FGI Worldwide, extending its push into private credit, trade finance, and specialty lending as demand for non-bank financing remains strong. Goldman Sachs Alternatives Acquires FGI Worldwide
• Positive Sentiment: The bank recently topped earnings expectations, with revenue and EPS both beating estimates, supporting investor confidence in Goldman Sachs’ trading and investment-banking franchise.
• Positive Sentiment: Goldman Sachs continues to be highlighted in market commentary as a dividend and growth name, reinforcing its appeal to income-oriented investors.
• Neutral Sentiment: Goldman Sachs analysts issued multiple stock calls on other companies this week, including a bullish initiation on AEVEX and a sell rating on Super Micro Computer; these moves show the firm remains active on the Street but do not directly change Goldman’s fundamentals.
• Neutral Sentiment: Several articles discussed Goldman’s views on macro trends such as dollar strength, Fed rate-cut timing, hedge fund positioning, and AI spending. These may matter for the broader trading environment, but the impact on GS itself is indirect.
• Neutral Sentiment: Commentary about Goldman’s AI plans and internal automation efforts points to longer-term efficiency potential, but it also reflects uncertainty about how quickly AI can be adopted safely inside a large bank.
• Negative Sentiment: Goldman Sachs strategist commentary warned that U.S. stocks may be getting frothy and pushed back expectations for Federal Reserve rate cuts, a reminder that a less supportive market backdrop could weigh on capital markets activity.
• Negative Sentiment: Some market pieces noted Goldman’s cautious calls on individual names and the firm’s concern about AI-related operational risks, which could temper enthusiasm around the bank’s near-term outlook.

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.