Marble Wealth LLC Takes $3.16 Million Position in The Goldman Sachs Group, Inc. $GS

Marble Wealth LLC purchased a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 3,595 shares of the investment management company’s stock, valued at approximately $3,160,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stevens Capital Management LP bought a new position in shares of The Goldman Sachs Group during the third quarter valued at $1,392,000. AlTi Global Inc. increased its holdings in shares of The Goldman Sachs Group by 87.3% during the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company’s stock valued at $23,707,000 after acquiring an additional 13,879 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of The Goldman Sachs Group by 1.6% during the third quarter. Wealthfront Advisers LLC now owns 48,681 shares of the investment management company’s stock valued at $38,767,000 after acquiring an additional 780 shares in the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in shares of The Goldman Sachs Group during the third quarter valued at $3,083,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of The Goldman Sachs Group by 32.5% during the third quarter. Smartleaf Asset Management LLC now owns 4,829 shares of the investment management company’s stock valued at $3,884,000 after acquiring an additional 1,185 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

Insider Transactions at The Goldman Sachs Group

In other news, 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 $30,248,198.50. The trade was a 18.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total value of $9,571,380.17. Following the transaction, the chief accounting officer directly owned 6,338 shares in the company, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 33,681 shares of company stock valued at $31,737,875. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Trading Up 1.6%

Shares of NYSE:GS opened at $1,065.17 on Wednesday. The stock has a market capitalization of $314.24 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 1.35 and a beta of 1.30. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The stock’s 50-day simple moving average is $918.15 and its two-hundred day simple moving average is $894.47. The Goldman Sachs Group, Inc. has a 52-week low of $592.90 and a 52-week high of $1,073.97.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.92 by $1.63. The business had revenue of $17.23 billion for 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 business’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period last year, the firm posted $14.12 earnings per share. Analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

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

Analyst Upgrades and Downgrades

GS has been the subject of several analyst reports. Weiss Ratings downgraded The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. BNP Paribas Exane reduced their price objective 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. Evercore reduced their price objective on The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Hold” and a consensus price target of $943.95.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: CEO David Solomon said markets are in “more greed than fear” mode, highlighting strong liquidity and upbeat risk appetite as AI-focused companies line up for major public-market activity. That tone suggests a healthy backdrop for Goldman Sachs’ dealmaking and capital markets franchise. Article: More greed than there is fear: Goldman Sachs CEO sounds off on AI
• Positive Sentiment: Goldman’s asset-management arm said its ETF platform crossed $100 billion in assets shortly after the Innovator Capital Management acquisition, signaling momentum in a growing fee-generating business. Article: Can Buffer ETFs Replace Bonds? Goldman Thinks So
• Positive Sentiment: A Bloomberg report said Goldman helped spark an estimated $80 billion Berkshire deal after a weekend call, underscoring the bank’s role in large-scale M&A and advisory work. Article: Goldman’s Weekend Call to Berkshire Spurs an $80 Billion Deal
• Neutral Sentiment: Several articles focused on Goldman research and commentary on oil, diesel, AI power demand, and consumer income trends. These pieces show the firm remains influential in market analysis, but they are more macro commentary than direct stock catalysts. Article: Goldman Sees August US Diesel Crunch as Stocks Lowest Since 2003 Article: It’s not a recession. But Goldman says your paycheck is acting like it
• Negative Sentiment: Some headlines emphasized Goldman’s warnings on AI-related power demand, weaker consumer real income, and downside risk in oil. While these do not directly hurt Goldman Sachs operationally, they may temper sentiment around the broader market backdrop. Article: Goldman Sachs issues warning on AI’s surging power demand Article: It’s not a recession. But Goldman says your paycheck is acting like it

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.