Hennion & Walsh Asset Management Inc., Grimes & Company Inc., Hodges Capital Management Inc., First Bank & Trust, and Brookstone Capital Management adjusted their stakes in Goldman Sachs Group (GS). Furthermore, New Mexico Educational Retirement Board,St. Johns Investment Management Company LLC, GoalVest Advisory LLC, G&S Capital LLC and Fifth Third Wealth Advisors LLC invested in GS. The firm announced a boost in dividend by 9% after 2024 CCAR results and reviewed 2023 year-end earnings. The stock reached record highs since 2021 and financial analysts offer forecast for the firm's Q2 2024 and Q1 2025 earnings. GS reports revealing strong institutional backing showcased its stability as a good financial bet. By receiving its Saudi HQ License, the bank becomes the first Wall Street firm to earn such recognition. Investment evaluations by industry analysts suggest that GS could potentially be a great momentum, dividend and long-term stock. Despite an occasional dip in the stock, market estimations suggest stock is expected to increase more. Based on institutional ownership, GS is heavily dominated with figures fluctuating between 63% to 72%. Other note-worthy occurrences include GS's sale of B&B hotels worth $3.8 billion and GS shutting down its diversity-driven investment program.
Goldman Sachs Group GS News Analytics from Mon, 11 Sep 2023 07:00:00 GMT to Sun, 30 Jun 2024 18:07:47 GMT -
Rating 8
- Innovation 5
- Information 9
- Rumor 7
