The Goldman Sachs Group (NYSE:GS) Stock Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of The Goldman Sachs Group, Inc. NYSE: GS. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in The Goldman Sachs Group stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

The Goldman Sachs Group Trading Up 2.2 %

GS stock traded up $10.78 during midday trading on Friday, reaching $509.83. 2,587,774 shares of the company traded hands, compared to its average volume of 2,374,915. The business has a 50 day moving average of $561.96 and a 200-day moving average of $572.80. The Goldman Sachs Group, Inc. has a 52-week low of $404.57 and a 52-week high of $672.19. The firm has a market capitalization of $159.09 billion, a price-to-earnings ratio of 12.57, a P/E/G ratio of 0.89 and a beta of 1.33. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings data on Monday, April 14th. The investment management company reported $14.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $1.55. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The business had revenue of $15.06 billion during the quarter, compared to the consensus estimate of $14.99 billion. During the same quarter last year, the firm earned $11.58 earnings per share. As a group, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, May 30th will be issued a $3.00 dividend. The ex-dividend date is Friday, May 30th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.35%. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 27.85%.

Insider Transactions at The Goldman Sachs Group

In other news, CAO Sheara J. Fredman sold 2,034 shares of the company's stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $627.01, for a total transaction of $1,275,338.34. Following the sale, the chief accounting officer now owns 6,455 shares of the company's stock, valued at approximately $4,047,349.55. This represents a 23.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alex S. Golten sold 5,208 shares of The Goldman Sachs Group stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of the transaction, the insider now owns 3,545 shares of the company's stock, valued at $2,255,506.25. The trade was a 59.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,925 shares of company stock worth $12,630,683 in the last 90 days. Insiders own 0.55% of the company's stock.

Hedge Funds Weigh In On The Goldman Sachs Group

Large investors have recently added to or reduced their stakes in the stock. Morse Asset Management Inc purchased a new stake in The Goldman Sachs Group during the 3rd quarter worth approximately $911,000. M&T Bank Corp lifted its stake in shares of The Goldman Sachs Group by 0.6% in the third quarter. M&T Bank Corp now owns 27,271 shares of the investment management company's stock worth $13,502,000 after buying an additional 157 shares in the last quarter. SkyView Investment Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 8.8% during the 3rd quarter. SkyView Investment Advisors LLC now owns 3,553 shares of the investment management company's stock worth $1,759,000 after purchasing an additional 286 shares during the last quarter. Chelsea Counsel Co. grew its holdings in The Goldman Sachs Group by 400.0% in the 3rd quarter. Chelsea Counsel Co. now owns 375 shares of the investment management company's stock valued at $186,000 after buying an additional 300 shares in the last quarter. Finally, Tudor Financial Inc. acquired a new stake in The Goldman Sachs Group during the third quarter worth about $228,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GS has been the subject of several research reports. JMP Securities lowered their price objective on shares of The Goldman Sachs Group from $625.00 to $600.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Wells Fargo & Company cut their target price on The Goldman Sachs Group from $680.00 to $650.00 and set an "overweight" rating on the stock in a research note on Tuesday. Citigroup reduced their price target on The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating on the stock in a research report on Monday, March 24th. Daiwa America lowered shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Finally, Daiwa Capital Markets downgraded shares of The Goldman Sachs Group from an "outperform" rating to a "neutral" rating and set a $560.00 price target on the stock. in a report on Friday, April 4th. Thirteen analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $593.40.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.