Strategic Wealth Investment Group LLC Increases Holdings in Goldman Sachs

Strategic Wealth Investment Group LLC has announced an increase in its shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.3% during the fourth quarter, as detailed in its recent Form 13F filing with the Securities and Exchange Commission. After purchasing an additional 477 shares this past quarter, the firm now holds a total of 21,136 shares of the prominent investment management company. At the end of the latest reporting period, the value of Strategic Wealth Investment Group's holdings in Goldman Sachs amounted to approximately $12,104,000.

Recent Activity by Other Investors

In addition to Strategic Wealth Investment Group, several other significant investors have also made moves to buy or sell shares of Goldman Sachs recently. In the third quarter, West Branch Capital LLC entered a new position in Goldman Sachs shares valued at $30,000. Similarly, DT Investment Partners LLC boosted its stake by an impressive 110.0%, now owning 63 shares after acquiring an additional 33 shares, bringing their investment to about $31,000. Truvestments Capital LLC and Country Trust Bank also took steps to acquire new shares in the quarter, valued at roughly $34,000 and $37,000, respectively. Capital Performance Advisors LLP added a new stake valued at around $38,000. Currently, institutional investors and hedge funds collectively own approximately 71.21% of Goldman Sachs' stock.

Goldman Sachs Stock Performance

On a recent trading day, shares of Goldman Sachs opened at $645.77. The company's stock has a 50-day simple moving average of $594.34 and a 200-day simple moving average of $539.40. Goldman Sachs holds a market capitalization of $200.48 billion, with a price-to-earnings (P/E) ratio of 15.93 and a price/earnings growth (PEG) ratio of 0.89. The stock's volatility is indicated by a beta of 1.38. The company has displayed a range within the past year, hitting a low of $375.20 and a high of $649.52.

Goldman Sachs Quarterly Earnings

Goldman Sachs recently published its quarterly earnings data, revealing that it achieved earnings per share (EPS) of $11.95 for the period, which significantly exceeded analysts' expectations of $8.21. The firm's net margin stood at 11.32%, with a return on equity of 13.30%. Total revenue for the quarter was reported at $13.87 billion, surpassing the forecast of $12.36 billion. In the same quarter the previous year, Goldman Sachs had an EPS of $5.48, and the total revenue has seen an increase of 22.5% year-over-year. Analysts anticipate that Goldman Sachs will report an EPS of 47.1 for the current financial year.

Dividend Announcement

In financial news, Goldman Sachs has also disclosed a quarterly dividend of $3.00 per share, scheduled to be paid on March 28th to stockholders recorded by February 28th. This translates into an annualized dividend of $12.00, which offers a dividend yield of 1.86%. The company maintains a dividend payout ratio of 29.59%.

Analyst Ratings and Price Targets

Wall Street analysts have been active in adjusting their price objectives for Goldman Sachs. Evercore ISI raised its price target from $520 to $575 and assigned an "outperform" rating. Wells Fargo increased its target from $600 to $680 with an "overweight" rating, while UBS adjusted theirs from $610 to $640, maintaining a "neutral" rating. Keefe, Bruyette & Woods increased their target from $686 to $690, emphasizing an "outperform" rating. The overall analyst sentiment shows that 8 have rated the stock as holding, while 12 suggest a buy. According to data from analysts, Goldman Sachs has an average rating of "Moderate Buy" and a consensus price target of $591.06.

Insider Transactions

In recent insider activity, CAO Sheara J. Fredman sold 2,974 shares at an average price of $594.51, totaling $1,768,072.74. Following this transaction, Fredman owns 8,489 shares valued at approximately $5,046,795.39—reflecting a decrease of 25.94% in position. Additionally, insider Kathryn H. Ruemmler sold 7,498 shares at a price of $634.69, totaling approximately $4,758,905.62. Subsequent to this sale, Ruemmler holds 9,589 shares worth about $6,086,042.41, which corresponds to a 43.88% reduction in her holdings. Over the past ninety days, insiders have sold a total of 40,865 shares worth $25,286,862. Company insiders currently own 0.54% of Goldman Sachs' stock.

Company Overview

The Goldman Sachs Group, Inc. operates as a financial institution providing a wide range of services to corporations, financial institutions, governments, and individuals globally. It functions through several segments, including Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. The Global Banking & Markets segment focuses on financial advisory services, including mergers and acquisitions, corporate defense activities, restructurings, and lending services.

Investment, Stocks, Goldman, Earnings, Dividends, Analysts