Goldman Sachs Stock Holdings Rise as Institutional Investors Increase Stakes The Goldman Sachs Group, Inc. (GS) saw its stock holdings increase significantly as institutional investors, including Blair William & Co. IL, boosted their stakes in the company during the third quarter. According to the latest 13F filing with the Securities & Exchange Commission, Blair William & Co. IL raised its position in GS by 2.1%, acquiring an additional 3,190 shares to reach a total of 153,206 shares. This stake is valued at approximately $122 million, representing 0.05% of the company’s total shares. Institutional investors and hedge funds now collectively own about 71.21% of GS’s outstanding shares. Goldman Sachs reported its quarterly earnings on January 15th, exceeding expectations with an EPS of $13.55 compared to the anticipated $11.52. Revenue reached $15.71 billion, surpassing the estimated $14.30 billion. The company also raised its quarterly dividend to $4.50 per share, resulting in an annualized $18 payout and a dividend yield of 2.2%. This marks an increase from the previous dividend of $4.00. The payout ratio stands at 35.09%. Insider transactions revealed mixed sentiment, with company insiders selling 117,283 shares over the past 90 days, totaling approximately $112 million. Analysts, however, maintain a "Hold" rating on GS, with an average price target of $916.86. Despite the mixed sentiment, Goldman’s stock opened at $820.95 on Friday, with a one-year low of $439.38 and a one-year high of $984.70. The stock’s 50-day moving average is $918.59, while the 200-day moving average is $840.10. The company’s market cap is $243.62 billion, with a PE ratio of 16.01 and a beta of 1.34. Other institutional investors also adjusted their positions in GS.#goldman_sachs_group_inc #blair_william_co_il #securities_exchange_commission #hartline_investment_corp #a4_wealth_advisors_llc
