Sen. Tommy Tuberville Sells Off Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Senator Tommy Tuberville (R-Alabama) recently sold shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in The Goldman Sachs Group stock on April 15th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Duke Energy (NYSE:DUK) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of Bristol-Myers Squibb (NYSE:BMY) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of PayPal (NASDAQ:PYPL) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Constellation Brands (NYSE:STZ) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 4/15/2025.
• Purchased $50,001 – $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Mastercard (NYSE:MA) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/15/2025.

The Goldman Sachs Group Trading Up 0.7%

NYSE GS opened at $615.69 on Friday. The stock has a 50-day moving average of $539.36 and a 200-day moving average of $578.37. The firm has a market cap of $188.92 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The Goldman Sachs Group, Inc. has a 1-year low of $437.37 and a 1-year high of $672.19.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Monday, April 14th. The investment management company reported $14.12 EPS for the quarter, beating analysts’ consensus estimates of $12.57 by $1.55. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The business had revenue of $15.06 billion during the quarter, compared to analyst estimates of $14.99 billion. During the same quarter in the prior year, the company posted $11.58 EPS. As a group, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, May 30th will be paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Friday, May 30th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 27.85%.

Insider Activity at The Goldman Sachs Group

In related news, Director John B. Hess purchased 3,904 shares of The Goldman Sachs Group stock in a transaction on Tuesday, April 15th. The shares were bought at an average cost of $511.68 per share, for a total transaction of $1,997,598.72. Following the acquisition, the director now owns 3,904 shares in the company, valued at approximately $1,997,598.72. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.55% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on GS shares. Evercore ISI cut their price target on The Goldman Sachs Group from $660.00 to $594.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 1st. Citigroup cut their target price on The Goldman Sachs Group from $585.00 to $550.00 and set a “neutral” rating on the stock in a research note on Monday, March 24th. Barclays cut their target price on The Goldman Sachs Group from $760.00 to $720.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 15th. JMP Securities cut their target price on The Goldman Sachs Group from $625.00 to $600.00 and set a “market outperform” rating on the stock in a research note on Tuesday, April 8th. Finally, Oppenheimer downgraded The Goldman Sachs Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Thirteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $593.40.

Institutional Investors Weigh In On The Goldman Sachs Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec increased its stake in shares of The Goldman Sachs Group by 21.0% in the first quarter. Federation des caisses Desjardins du Quebec now owns 53,518 shares of the investment management company’s stock worth $29,236,000 after purchasing an additional 9,290 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of The Goldman Sachs Group by 18.7% during the 1st quarter. EP Wealth Advisors LLC now owns 6,757 shares of the investment management company’s stock valued at $3,691,000 after buying an additional 1,064 shares in the last quarter. First Manhattan CO. LLC. lifted its stake in shares of The Goldman Sachs Group by 212.8% during the 1st quarter. First Manhattan CO. LLC. now owns 11,503 shares of the investment management company’s stock valued at $6,284,000 after buying an additional 7,826 shares in the last quarter. Flputnam Investment Management Co. lifted its stake in shares of The Goldman Sachs Group by 3.5% during the 1st quarter. Flputnam Investment Management Co. now owns 1,167 shares of the investment management company’s stock valued at $638,000 after buying an additional 39 shares in the last quarter. Finally, Betterment LLC lifted its stake in shares of The Goldman Sachs Group by 4.0% during the 1st quarter. Betterment LLC now owns 595 shares of the investment management company’s stock valued at $325,000 after buying an additional 23 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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.