Cadinha & Co. LLC Sells 17,898 Shares of The Goldman Sachs Group, Inc. $GS

Cadinha & Co. LLC lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 93.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,227 shares of the investment management company’s stock after selling 17,898 shares during the period. Cadinha & Co. LLC’s holdings in The Goldman Sachs Group were worth $1,079,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of GS. Wellington Management Group LLP increased its position in shares of The Goldman Sachs Group by 110.8% in the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after acquiring an additional 936,015 shares during the last quarter. Danske Bank A S acquired a new stake in shares of The Goldman Sachs Group in the third quarter valued at about $178,941,000. Evergreen Capital Management LLC increased its position in shares of The Goldman Sachs Group by 11,400.3% in the third quarter. Evergreen Capital Management LLC now owns 212,180 shares of the investment management company’s stock valued at $168,970,000 after acquiring an additional 210,335 shares during the last quarter. AustralianSuper Pty Ltd acquired a new stake in shares of The Goldman Sachs Group in the third quarter valued at about $136,454,000. Finally, Focus Partners Wealth increased its position in shares of The Goldman Sachs Group by 79.9% in the third quarter. Focus Partners Wealth now owns 355,467 shares of the investment management company’s stock valued at $283,076,000 after acquiring an additional 157,914 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Activity at The Goldman Sachs Group

In other news, insider Alex S. Golten sold 1,115 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $919.19, for a total transaction of $1,024,896.85. Following the completion of the sale, the insider owned 3,694 shares in the company, valued at $3,395,487.86. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO David M. Solomon sold 272 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $938.92, for a total value of $255,386.24. Following the sale, the chief executive officer owned 125,527 shares of the company’s stock, valued at approximately $117,859,810.84. This represents a 0.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 34,003 shares of company stock valued at $32,216,641. Insiders own 0.55% of the company’s stock.

Analyst Upgrades and Downgrades

GS has been the topic of a number of recent research reports. Autonomous Res lowered their target price on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. Royal Bank Of Canada reaffirmed a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. HSBC lowered their target price on The Goldman Sachs Group from $802.00 to $729.00 in a research report on Wednesday, April 1st. Bank of America lowered their target price on 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. Finally, Evercore lowered their target price 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. Eight analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $924.14.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman reported a strong Q1 (top‑ and bottom‑line beats) driven by an investment‑banking rebound and healthy revenue growth — the quarter supports near‑term earnings momentum and underpins buy/upgrade calls. After Solid Q1, Should You Hold or Fold Goldman at Current Level?
• Positive Sentiment: BMO and Argus raised/upped price targets or support ratings after Q1, signaling incremental analyst confidence that could limit downside if deal flow and markets stay constructive. Argus Research Maintains Buy on Goldman Sachs
• Positive Sentiment: Goldman Sachs Alternatives is investing $50M in BLP Digital (agentic AI for finance operations) — a strategic move that expands GS’s exposure to AI automation and potential fee/return streams in private markets. Goldman Sachs Alternatives Invests $50 Million in BLP Digital
• Positive Sentiment: Company announced a $4.50 quarterly dividend (annualized $18.00) — supports income investors and signals confidence in capital allocation and earnings durability. The Goldman Sachs Group Stock Info
• Neutral Sentiment: Goldman is publishing thought leadership on AI (the “world model” topic) and flagged that AI‑related stocks now account for a large share of the S&P — raises market‑level concentration risk but also highlights GS’s advisory/research positioning. Goldman tackles AI’s missing link
• Negative Sentiment: BofA lowered its GS price target (kept Buy) and flagged investor caution — a reminder some analysts see valuation risk even after the beat, which can cap near‑term upside. BofA Flags Investor Caution on Goldman
• Negative Sentiment: Insider selling: an executive disclosed sale of ~1,115 shares (~$1.0M), which can be interpreted by some investors as a near‑term negative sentiment signal even if routine. SEC Filing: Insider Sale
• Negative Sentiment: CEO comments warning of quick recession risk and volatile oil/pricing amid geopolitical tensions have amplified macro risk narratives that can pressure trading and advisory volumes. Solomon Warns on Recession Risk

The Goldman Sachs Group Trading Down 0.4%

The Goldman Sachs Group stock opened at $931.35 on Friday. The Goldman Sachs Group, Inc. has a 52 week low of $523.42 and a 52 week high of $984.70. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.66 and a current ratio of 1.10. The stock has a market capitalization of $274.74 billion, a P/E ratio of 17.02, a PEG ratio of 1.20 and a beta of 1.32. The stock has a 50-day simple moving average of $868.37 and a 200 day simple moving average of $861.39.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly 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 Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The business had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same quarter last year, the company posted $14.12 earnings per share. The Goldman Sachs Group’s quarterly revenue was up 14.4% on a year-over-year basis. Analysts expect that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

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 issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s payout ratio is currently 32.89%.

The Goldman Sachs Group Company 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.