Crestwood Advisors Group LLC Acquires 1,214 Shares of The Goldman Sachs Group, Inc. $GS
by Scott Moore · The Cerbat GemCrestwood Advisors Group LLC raised its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 8.7% in the 4th quarter, HoldingsChannel reports. The firm owned 15,124 shares of the investment management company’s stock after purchasing an additional 1,214 shares during the quarter. Crestwood Advisors Group LLC’s holdings in The Goldman Sachs Group were worth $13,294,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of The Goldman Sachs Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after acquiring an additional 418,820 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in The Goldman Sachs Group by 1.9% in the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock valued at $5,304,824,000 after acquiring an additional 121,676 shares during the last quarter. Invesco Ltd. increased its position in The Goldman Sachs Group by 3.5% in the third quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock worth $2,319,905,000 after purchasing an additional 97,387 shares during the period. Legal & General Group Plc increased its position in The Goldman Sachs Group by 1.4% in the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after purchasing an additional 28,642 shares during the period. Finally, Wellington Management Group LLP raised its holdings in The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after purchasing an additional 936,015 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.
Insider Buying and Selling
In related news, EVP John F.W. Rogers sold 2,704 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $960.99, for a total value of $2,598,516.96. Following the completion of the sale, the executive vice president owned 9,428 shares in the company, valued at approximately $9,060,213.72. This represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the sale, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. This represents a 30.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 42,302 shares of company stock worth $39,938,686. Company insiders own 0.55% of the company’s stock.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman is a founding investor in a new AI services venture with Anthropic and private‑equity partners — a strategic move that could create recurring AI services revenue and deepen client ties. Anthropic and Wall Street Giants Join Forces to Create New A.I. Firm
- Positive Sentiment: Recent quarter beat (Q1 EPS $17.55 vs. $15.92 est.; revenue $17.23B) reinforces that core trading, asset management and advisory profitability remain intact, supporting valuation. The Goldman Sachs Group Trading Up 1.7%
- Positive Sentiment: Goldman announced a quarterly dividend ($4.50 per share; $18 annualized) — a cash return that can support investor sentiment amid uncertainty. GS Dividend Notice
- Positive Sentiment: Goldman research remains influential across tech and energy — analysts reiterated/raised targets on major chip names (Nvidia, AMD) and flagged energy inventory risks, underscoring the firm’s revenue exposure from trading and research services. Goldman Sachs Raises Nvidia Estimates
- Neutral Sentiment: UBS and Daiwa nudged GS price targets slightly higher (UBS to $940; Daiwa to $930) but kept conservative/neutral stances — a modest valuation tailwind without changing consensus view. UBS Adjusts GS Price Target
- Neutral Sentiment: Management changes (additions to the management committee; new CAO appointment) are operationally relevant but not immediate earnings drivers. Goldman Sachs Adds to Management Committee
- Negative Sentiment: Insider selling: Chief Accounting Officer Sheara Fredman sold 10,301 shares (~62% reduction in disclosed holding), a headline that can weigh on sentiment even if driven by non‑company factors. Insider Sale Filing
- Negative Sentiment: Some sell‑side skepticism remains: HSBC kept a “reduce” stance (despite a higher PT), signaling persistent valuation concerns that could cap upside until AI/earnings narratives prove durable. HSBC Adjusts GS Price Target
Analyst Ratings Changes
Several brokerages have weighed in on GS. Autonomous Res dropped their price objective on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Wells Fargo & Company dropped their price objective on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Evercore dropped 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. Argus boosted their price objective on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Finally, Bank of America dropped their price objective on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Nine investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $926.76.
View Our Latest Report on The Goldman Sachs Group
The Goldman Sachs Group Trading Down 1.3%
NYSE GS opened at $924.95 on Friday. The stock has a 50-day simple moving average of $870.56 and a 200 day simple moving average of $871.13. The company has a market capitalization of $272.87 billion, a PE ratio of 16.90, a P/E/G ratio of 1.21 and a beta of 1.28. The company has a current ratio of 0.63, a quick ratio of 0.66 and a debt-to-equity ratio of 2.89. The Goldman Sachs Group, Inc. has a 12 month low of $558.21 and a 12 month high of $984.70.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm’s revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $14.12 earnings per share. Research analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.
The Goldman Sachs Group Dividend Announcement
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 $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend 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.
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