Daiwa Securities Group Inc. Acquires 1,019 Shares of The Goldman Sachs Group, Inc. $GS

Daiwa Securities Group Inc. increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,621 shares of the investment management company’s stock after buying an additional 1,019 shares during the period. Daiwa Securities Group Inc.’s holdings in The Goldman Sachs Group were worth $115,695,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Dagco Inc. bought a new stake in shares of The Goldman Sachs Group during the fourth quarter worth approximately $25,000. Manning & Napier Advisors LLC raised its stake in shares of The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after buying an additional 23 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of The Goldman Sachs Group during the fourth quarter worth approximately $31,000. Entrust Financial LLC bought a new stake in shares of The Goldman Sachs Group during the fourth quarter worth approximately $34,000. Finally, Graney & King LLC raised its stake in shares of The Goldman Sachs Group by 51.5% during the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after buying an additional 17 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on GS. Weiss Ratings downgraded shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Bank of America dropped their price target on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. HSBC upped their target price on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. Jefferies Financial Group lowered their target price on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Finally, Citigroup upped their target price on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a research note 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, the stock currently has an average rating of “Hold” and a consensus target price of $943.95.

Insider Activity at The Goldman Sachs Group

In related news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the sale, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 33,681 shares of company stock valued at $31,737,875. Insiders own 0.55% of the company’s stock.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs is being positioned to benefit from a wave of high-profile IPO activity, with reports saying it is a lead bookrunner on SpaceX and will help lead Anthropic’s offering, reinforcing optimism about future banking and advisory revenue.
• Positive Sentiment: Goldman Sachs is also expanding its digital-assets push, launching a tokenized real estate fund with partners including Apex Group and Archax, which may support the firm’s image as an innovator in blockchain and asset tokenization.
• Neutral Sentiment: Several articles highlighted Goldman Sachs research and executives commenting positively on AI-driven market trends and investor appetite, but these were mostly commentary rather than direct company-specific financial updates.
• Neutral Sentiment: Goldman Sachs analysts also issued or adjusted ratings on other companies such as Broadcom, Accenture, Q2 Holdings, and Hewlett Packard Enterprise; these moves reflect the firm’s broader research activity but are not direct catalysts for GS shares.
• Negative Sentiment: There was also a recent note that Goldman Sachs shares had dipped more than the broader market in an earlier session, suggesting some volatility, though the latest news flow is more supportive overall.

The Goldman Sachs Group Stock Up 5.0%

Shares of NYSE:GS opened at $1,093.03 on Friday. The Goldman Sachs Group, Inc. has a 52 week low of $592.90 and a 52 week high of $1,095.90. 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 company has a market capitalization of $322.46 billion, a PE ratio of 19.98, a PEG ratio of 1.34 and a beta of 1.30. The company has a 50 day moving average price of $932.60 and a two-hundred day moving average price of $899.87.

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, beating the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The firm had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. During the same quarter in the prior year, the firm earned $14.12 earnings per share. The business’s quarterly revenue was up 14.4% on a year-over-year basis. Analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed 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. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

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.