Sterling Investment Advisors Ltd. Has $9.96 Million Holdings in The Goldman Sachs Group, Inc. $GS

Sterling Investment Advisors Ltd. lessened its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,326 shares of the investment management company’s stock after selling 506 shares during the quarter. The Goldman Sachs Group accounts for approximately 1.7% of Sterling Investment Advisors Ltd.’s holdings, making the stock its 13th largest holding. Sterling Investment Advisors Ltd.’s holdings in The Goldman Sachs Group were worth $9,955,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Harbour Investments Inc. increased its holdings in The Goldman Sachs Group by 93.7% during the 4th quarter. Harbour Investments Inc. now owns 9,042 shares of the investment management company’s stock worth $7,948,000 after purchasing an additional 4,373 shares in the last quarter. Allstate Corp increased its holdings in The Goldman Sachs Group by 108.3% during the 4th quarter. Allstate Corp now owns 23,026 shares of the investment management company’s stock worth $20,240,000 after purchasing an additional 11,973 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in The Goldman Sachs Group by 4.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 4,181 shares of the investment management company’s stock worth $3,675,000 after purchasing an additional 161 shares in the last quarter. Fisher Asset Management LLC increased its holdings in The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock worth $5,952,199,000 after purchasing an additional 110,134 shares in the last quarter. Finally, Choate Investment Advisors increased its holdings in The Goldman Sachs Group by 6.6% during the 4th quarter. Choate Investment Advisors now owns 3,788 shares of the investment management company’s stock worth $3,330,000 after purchasing an additional 236 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction dated 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 completion of the transaction, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated 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 owned 15,657 shares of the company’s stock, valued at $14,703,018.99. The trade was a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 33,681 shares of company stock worth $31,737,875. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $996.73 on Tuesday. The stock has a market capitalization of $294.04 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.28 and a beta of 1.28. The business has a 50-day moving average of $896.71 and a 200-day moving average of $886.74. 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, Inc. has a fifty-two week low of $582.50 and a fifty-two week high of $1,005.36.

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, beating the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The Goldman Sachs Group’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter last year, the company earned $14.12 EPS. As a group, 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 firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued 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 yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

Wall Street Analysts Forecast Growth

GS has been the subject of a number of research reports. BNP Paribas Exane lowered their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a report on Friday, April 24th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Daiwa Securities Group raised their price objective on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. BMO Capital Markets raised their price objective on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a report on Monday, April 20th. Finally, CICC Research raised their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $943.95.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: CEO David Solomon said fears that AI will cause a broad “job apocalypse” are overblown, framing AI as a productivity and workforce-shaping force rather than a job destroyer. That message may reassure investors that AI adoption can support economic growth and business activity instead of crushing demand. Article Title
• Positive Sentiment: Goldman Sachs data showed hedge funds are increasing technology stock exposure at a record pace on AI optimism, signaling strong risk appetite in the sector and reinforcing Goldman’s positioning as a key source of market intelligence. Article Title
• Positive Sentiment: Goldman research suggested AI agents could meaningfully boost tech cash flow and token usage, supporting the investment case for continued AI infrastructure spending and keeping Goldman tied to the dominant market theme. Article Title
• Positive Sentiment: Goldman also highlighted liquid cooling as a next-wave AI trade, which underscores its active role in identifying investable themes across the AI supply chain and may boost investor attention to Goldman’s research franchise. Article Title

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.