Danica Pension Livsforsikringsaktieselskab acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 20,393 shares of the investment management company’s stock, valued at approximately $17,252,000.
Several other institutional investors have also added to or reduced their stakes in GS. Bellwether Advisors LLC acquired a new stake in The Goldman Sachs Group during the 1st quarter valued at approximately $3,796,000. ABN Amro Investment Solutions raised its holdings in The Goldman Sachs Group by 9.6% during the 1st quarter. ABN Amro Investment Solutions now owns 17,277 shares of the investment management company’s stock worth $14,616,000 after purchasing an additional 1,507 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new position in shares of The Goldman Sachs Group in the 1st quarter worth approximately $1,148,000. Baader Bank Aktiengesellschaft lifted its position in shares of The Goldman Sachs Group by 26.8% in the 1st quarter. Baader Bank Aktiengesellschaft now owns 2,273 shares of the investment management company’s stock worth $1,919,000 after purchasing an additional 480 shares during the period. Finally, Wilkerson Advisory Group LLC boosted its stake in shares of The Goldman Sachs Group by 36.7% in the 1st quarter. Wilkerson Advisory Group LLC now owns 82 shares of the investment management company’s stock valued at $69,000 after purchasing an additional 22 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.
The Goldman Sachs Group Stock Performance
Shares of GS stock opened at $1,084.66 on Wednesday. The firm has a 50 day moving average of $1,040.13 and a 200-day moving average of $948.47. The company has a market cap of $319.98 billion, a price-to-earnings ratio of 16.74, a price-to-earnings-growth ratio of 1.09 and a beta of 1.30. The company has a quick ratio of 0.63, a current ratio of 1.11 and a debt-to-equity ratio of 2.83. The Goldman Sachs Group, Inc. has a 52 week low of $691.88 and a 52 week high of $1,153.99.
The Goldman Sachs Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a $5.00 dividend. This represents a $20.00 annualized dividend and a yield of 1.8%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is presently 30.87%.
Insider Activity at The Goldman Sachs Group
In other news, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 2,578 shares in the company, valued at approximately $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the transaction, the chief financial officer directly owned 31,070 shares in the company, valued at $30,248,198.50. This trade represents a 18.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 32,566 shares of company stock worth $30,712,978 over the last three months. 0.55% of the stock is currently owned by company insiders.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs’ Q2 2026 earnings call highlighted record revenue and earnings, with results boosted by a surge in M&A activity and continued AI infrastructure investment, reinforcing the bank’s operating momentum.
- Positive Sentiment: The company created a new private markets platform for wealthy clients and family offices, which could expand fee-generating alternatives revenue and deepen its relationship with high-net-worth investors.
- Positive Sentiment: Broad strength in financial stocks also helped sentiment, as the sector advanced in late trading and supported Goldman Sachs alongside peers.
- Neutral Sentiment: Goldman Sachs’ latest market commentary on oil, gas, and gold drew attention to the firm’s research franchise, but these macro calls are more likely to influence trading and client activity than directly move GS earnings.
- Neutral Sentiment: Multiple articles noted that the stock is trading near fair value after a large run-up, suggesting investors may be weighing strong fundamentals against valuation concerns.
- Neutral Sentiment: Goldman also announced a proposed preferred stock offering, which is a capital-markets activity that may be viewed as routine funding management rather than a clear positive or negative catalyst.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on GS. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Weiss Ratings lowered shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. UBS Group upped their price target on shares of The Goldman Sachs Group from $940.00 to $1,120.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, Bank of America increased their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,061.43.
Read Our Latest Analysis on GS
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.
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