The Goldman Sachs Group, Inc. $GS is Gordian Capital Singapore Pte Ltd’s 9th Largest Position

Gordian Capital Singapore Pte Ltd lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 30.3% in the fourth quarter, HoldingsChannel reports. The firm owned 2,300 shares of the investment management company’s stock after selling 1,000 shares during the quarter. The Goldman Sachs Group makes up approximately 2.8% of Gordian Capital Singapore Pte Ltd’s holdings, making the stock its 9th biggest holding. Gordian Capital Singapore Pte Ltd’s holdings in The Goldman Sachs Group were worth $2,022,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GS. Dagco Inc. purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at about $25,000. Manning & Napier Advisors LLC grew its holdings 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 buying an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at about $31,000. Entrust Financial LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at about $34,000. Finally, Graney & King LLC grew its holdings 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 buying an additional 17 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs’ stock has been buoyed by a stronger tone in financial shares overall, with sector updates showing banks and financials moving higher during the session, which supports GS as a bellwether for the group.
• Positive Sentiment: Several articles highlight Goldman’s bullish research calls and market commentary, including additions to its U.S. Conviction List and upbeat views on stocks with upside potential, reinforcing investor confidence in the firm’s market positioning.
• Positive Sentiment: Coverage also noted Goldman Sachs CEO David Solomon’s comments that the market has enough capital to fund major AI IPOs such as SpaceX, Anthropic, and OpenAI, which underscores Goldman’s role in high-profile capital markets activity.
• Neutral Sentiment: Goldman Sachs’ warning that the market is showing increasing signs of exuberance around AI and other growth themes may be seen as prudent risk management rather than a direct negative for earnings.
• Neutral Sentiment: Reports that Goldman pushed its Fed rate-cut expectations out to 2027 after strong U.S. jobs data could affect rate-sensitive sectors, but the direct impact on GS is unclear and may simply reflect a firmer macro backdrop.
• Negative Sentiment: The biggest offset is the broader weakness in financial stocks reported late Monday, which could cap upside if investors rotate out of banks and brokers.
• Negative Sentiment: News that chief legal officer Kathy Ruemmler will remain as an adviser after resigning over Epstein ties adds an overhang of reputational and governance scrutiny, even if it is not a core business issue.

Analysts Set New Price Targets

Several analysts have commented on the company. UBS Group lifted their price target on The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Dbs Bank lifted their price target on The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Zacks Research cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Jefferies Financial Group lowered their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. Finally, Weiss Ratings cut The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Nine research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $943.95.

The Goldman Sachs Group Stock Performance

NYSE GS opened at $1,045.74 on Tuesday. The firm has a market capitalization of $308.50 billion, a P/E ratio of 19.11, a P/E/G ratio of 1.34 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 1-year low of $609.31 and a 1-year high of $1,098.36. 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 business’s 50-day simple moving average is $941.04 and its 200-day simple moving average is $903.62.

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, beating the consensus estimate of $15.92 by $1.63. The business had revenue of $17.23 billion for the quarter, compared to analyst estimates 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 revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company posted $14.12 EPS. Equities analysts predict that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s payout ratio is currently 32.89%.

Insider Transactions at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 1,116 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider directly owned 2,578 shares of the company’s stock, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s stock in a transaction that occurred 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 $14,703,018.99. This trade represents a 47.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is currently owned by company insiders.

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.