The Goldman Sachs Group, Inc. $GS Shares Acquired by Jennison Associates LLC

Jennison Associates LLC lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 40.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,353,007 shares of the investment management company’s stock after purchasing an additional 392,319 shares during the period. Jennison Associates LLC’s holdings in The Goldman Sachs Group were worth $1,189,293,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of The Goldman Sachs Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after purchasing an additional 418,820 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of The Goldman Sachs Group by 1.9% in the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock worth $5,304,824,000 after buying an additional 121,676 shares during the last quarter. Invesco Ltd. increased its stake in shares of The Goldman Sachs Group by 3.5% in the third quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock worth $2,319,905,000 after buying an additional 97,387 shares during the last quarter. Legal & General Group Plc increased its stake in shares of The Goldman Sachs Group by 1.4% in the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after buying an additional 28,642 shares during the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of The Goldman Sachs Group by 110.8% in the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after buying an additional 936,015 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,116 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the sale, the insider owned 2,578 shares in the company, valued at $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John F.W. Rogers sold 2,704 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $960.99, for a total transaction of $2,598,516.96. Following the sale, the executive vice president owned 9,428 shares of the company’s stock, valued at approximately $9,060,213.72. The trade was a 22.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,001 shares of company stock worth $30,367,306 over the last 90 days. Insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on GS shares. Zacks Research lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. JPMorgan Chase & Co. restated a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Jefferies Financial Group dropped their price target on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Evercore dropped their price target on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Finally, Daiwa Securities Group dropped their price target on shares of The Goldman Sachs Group from $940.00 to $891.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Nine analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $922.71.

The Goldman Sachs Group Stock Up 0.9%

GS stock opened at $914.05 on Thursday. The company has a debt-to-equity ratio of 2.56, a current ratio of 1.10 and a quick ratio of 0.66. The Goldman Sachs Group, Inc. has a 1-year low of $545.50 and a 1-year high of $984.70. The firm has a fifty day moving average price of $869.10 and a two-hundred day moving average price of $865.95. The firm has a market cap of $269.64 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 1.21 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.02%. The firm had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. During the same quarter in the previous year, the firm earned $14.12 earnings per share. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. Research analysts predict that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a dividend of $4.50 per share. The ex-dividend date is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 2.0%. The Goldman Sachs Group’s payout ratio is presently 32.89%.

Key The Goldman Sachs Group News

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman led global oil & gas M&A by value in Q1 2026, advising on deals totaling $64.7bn — a sign of strong investment‑banking fee flow. Goldman Sachs tops oil and gas M&A rankings by value in Q1 2026
• Positive Sentiment: Goldman was picked to lead a potential IPO for Italian utility Dolomiti Energia that could value the company above €3bn — another near‑term deal that could drive IB revenue. Italy’s Dolomiti Energia picks Intesa, Goldman Sachs to lead potential IPO, sources say
• Positive Sentiment: Goldman’s alternatives arm is active in growth investing—leading recent rounds in AI/marketing and clinical‑AI startups (Hightouch, Aidoc)—which supports fee and AUM diversification outside traditional banking. Hightouch Raises $150 Million to Reinvent How Marketing Works Using AI Aidoc Raises $150 Million Series E Led by Goldman Sachs to Scale Clinical AI for Earlier, Safer Diagnoses
• Neutral Sentiment: Goldman released prepared remarks for its shareholder/analyst call (transcript available) — useful for investors tracking strategy and capital allocation but not an immediate revenue trigger. The Goldman Sachs Group, Inc. (GS) Shareholder/Analyst Call Prepared Remarks Transcript
• Neutral Sentiment: Goldman strategists warn of a possible near‑term market pullback as some large sellers (pensions/systematics) may hit the market — a macro signal that could temporarily weigh on trading revenues across the industry. A Stock Pullback May Be Coming – Goldman Sachs Strategist Explains Why?
• Neutral Sentiment: Goldman is a large institutional holder across multiple new XRP spot ETFs (reported position ~$153.8M), reflecting expanding institutional exposures but limited direct impact on bank earnings. XRP Sees Strong Institutional Momentum in 2026 Amid Price Lag
• Negative Sentiment: Goldman blocked access to Anthropic’s Claude AI for Hong Kong bankers after a contract review — a regulatory/operational precaution that highlights compliance risks and could slow local productivity gains from AI. Goldman Sachs bars Hong Kong bankers from using Anthropic AI, source says
• Negative Sentiment: Goldman traders warn retail investors are “trading the mania” in semiconductor stocks with leveraged bets — increased market volatility and crowded positioning can hurt trading desks if a rapid unwind occurs. Forget buy the dip. Now retail investors are ‘trading the mania’ in chip stocks, and it’s about to get messy.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.