Sterling Investment Advisors Ltd. Decreases Stock Position in The Goldman Sachs Group, Inc. $GS

Sterling Investment Advisors Ltd. reduced its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 4.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,787 shares of the investment management company’s stock after selling 539 shares during the quarter. The Goldman Sachs Group makes up 1.5% of Sterling Investment Advisors Ltd.’s investment portfolio, making the stock its 14th largest position. Sterling Investment Advisors Ltd.’s holdings in The Goldman Sachs Group were worth $9,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GS. Audent Global Asset Management LLC increased its stake in The Goldman Sachs Group by 10.1% in the fourth quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company’s stock valued at $4,604,000 after purchasing an additional 479 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in The Goldman Sachs Group by 3.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 215,482 shares of the investment management company’s stock worth $189,409,000 after buying an additional 8,154 shares during the last quarter. Oak Grove Capital LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at about $1,890,000. Nomura Asset Management Co. Ltd. grew its holdings in The Goldman Sachs Group by 2.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 141,990 shares of the investment management company’s stock valued at $124,809,000 after buying an additional 3,653 shares during the period. Finally, Franklin Street Advisors Inc. NC increased its stake in shares of The Goldman Sachs Group by 2.3% during the 4th quarter. Franklin Street Advisors Inc. NC now owns 56,027 shares of the investment management company’s stock valued at $49,248,000 after acquiring an additional 1,275 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Up 9.2%

GS opened at $1,142.58 on Wednesday. The firm’s 50 day moving average is $1,024.94 and its 200-day moving average is $941.58. The Goldman Sachs Group, Inc. has a 52-week low of $691.30 and a 52-week high of $1,143.84. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89. The firm has a market capitalization of $337.07 billion, a P/E ratio of 20.88, a P/E/G ratio of 1.34 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47 by $6.51. The business had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business’s quarterly revenue was up 39.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $10.91 earnings per share. Analysts expect that The Goldman Sachs Group, Inc. will post 60.44 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a $5.00 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 dividend on an annualized basis and a yield of 1.8%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

Insider Activity

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total value of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at $5,889,079.46. This represents a 61.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value of $6,675,632.35. Following the sale, the chief financial officer directly owned 31,070 shares in the company, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 33,681 shares of company stock valued at $31,737,875. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs crushed expectations with EPS of $20.98 versus $14.47 expected and revenue of $20.34 billion versus $16.22 billion, reinforcing the earnings-driven move higher. Goldman Sachs (NYSE:GS) Reports Bullish Q2 CY2026
• Positive Sentiment: Record equities trading and a strong investment banking pipeline drove the beat, with traders citing booming market volatility, IPO activity, underwriting, and M&A as key revenue drivers. Goldman’s profit jumps on trading surge, corporate deal spree
• Positive Sentiment: Management also raised the quarterly dividend to $5.00, a sign of confidence in earnings power and capital returns. Goldman Sachs raises dividend by 11.1% to $5.00
• Positive Sentiment: Several reports highlighted Goldman as a market winner alongside stronger bank earnings broadly, helping sentiment around the stock and the financial sector. The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase

Analysts Set New Price Targets

A number of research firms recently issued reports on GS. JPMorgan Chase & Co. boosted their target price on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the company a “neutral” rating in a report on Friday, June 12th. UBS Group increased their price target on shares of The Goldman Sachs Group from $940.00 to $1,120.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Jefferies Financial Group decreased their price target on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating on the stock in a report on Monday, April 6th. HSBC boosted their price objective on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. Finally, BMO Capital Markets increased their target price on The Goldman Sachs Group from $972.00 to $1,070.00 and gave the stock a “market perform” rating in a research report on Monday, June 29th. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $1,005.33.

About The Goldman Sachs Group

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.