Rep. Josh Gottheimer Sells The Goldman Sachs Group, Inc. (NYSE:GS) Shares

Representative Josh Gottheimer (D-New Jersey) recently sold shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in The Goldman Sachs Group stock on February 28th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/28/2025.
• Sold $1,001 – $15,000 in shares of Block (NYSE:XYZ) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 2/27/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/26/2025.
• Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Vertiv (NYSE:VRT) on 2/25/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/24/2025.

The Goldman Sachs Group Stock Down 1.4 %

Shares of The Goldman Sachs Group stock traded down $8.13 during midday trading on Friday, reaching $559.55. 4,069,475 shares of the company’s stock traded hands, compared to its average volume of 2,704,592. The company has a market cap of $174.60 billion, a price-to-earnings ratio of 13.80, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. The company’s 50 day simple moving average is $616.96 and its 200 day simple moving average is $565.29. 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, Inc. has a 52 week low of $381.42 and a 52 week high of $672.19.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating analysts’ consensus estimates of $8.21 by $3.74. The business had revenue of $13.87 billion for the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The Goldman Sachs Group’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the firm earned $5.48 EPS. Equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be issued a dividend of $3.00 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.14%. The Goldman Sachs Group’s dividend payout ratio is currently 29.59%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on GS. Barclays lifted their target price on shares of The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Citigroup lifted their target price on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a “neutral” rating in a report on Thursday, November 21st. JPMorgan Chase & Co. lifted their target price on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods downgraded shares of The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $690.00 to $660.00 in a report on Thursday, February 27th. Finally, Morgan Stanley raised their price target on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Nine equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $591.69.

Hedge Funds Weigh In On The Goldman Sachs Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GS. Stephens Consulting LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at about $26,000. Asset Planning Inc bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth about $29,000. Curio Wealth LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth about $30,000. Transce3nd LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth about $31,000. Finally, Truvestments Capital LLC bought a new position in shares of The Goldman Sachs Group in the third quarter worth about $34,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Kathryn H. Ruemmler sold 7,498 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the completion of the transaction, the insider now owns 9,589 shares in the company, valued at approximately $6,086,042.41. The trade was a 43.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kevin R. Johnson acquired 2,400 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were purchased at an average price of $619.02 per share, with a total value of $1,485,648.00. Following the acquisition, the director now owns 2,400 shares of the company’s stock, valued at approximately $1,485,648. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders sold 19,925 shares of company stock valued at $12,630,683. Insiders own 0.54% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

The Goldman Sachs Group Company Profile

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.