NewEdge Wealth LLC Boosts Holdings in The Goldman Sachs Group, Inc. $GS

Posted by James Quigley on May 10th, 2026

NewEdge Wealth LLC boosted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 74.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,350 shares of the investment management company’s stock after acquiring an additional 10,407 shares during the period. NewEdge Wealth LLC’s holdings in The Goldman Sachs Group were worth $21,403,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of GS. Vanguard Group Inc. increased its position in 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 buying an additional 418,820 shares in the last quarter. Fisher Asset Management LLC lifted its position 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 valued at $5,304,824,000 after acquiring an additional 121,676 shares in the last quarter. Invesco Ltd. boosted its stake in shares of The Goldman Sachs Group by 3.5% during the third quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock valued at $2,319,905,000 after acquiring an additional 97,387 shares during the last quarter. Legal & General Group Plc increased its position in The Goldman Sachs Group by 1.4% during the 3rd quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after purchasing an additional 28,642 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after purchasing an additional 936,015 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 1.2%

GS opened at $936.72 on Friday. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.66. The stock has a market capitalization of $276.34 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 1.21 and a beta of 1.28. The business has a 50-day moving average of $870.56 and a two-hundred day moving average of $871.13. The Goldman Sachs Group, Inc. has a 12 month low of $565.78 and a 12 month high of $984.70.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping 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 16.53%. The business had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same period in the prior year, the firm posted $14.12 EPS. The company’s revenue was up 14.4% on a year-over-year basis. On average, research analysts expect that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently declared 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 of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.89%.

Insider Activity at The Goldman Sachs Group

In other news, insider Alex S. Golten sold 1,200 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $933.30, for a total transaction of $1,119,960.00. Following the completion of the sale, the insider directly owned 4,809 shares in the company, valued at $4,488,239.70. This represents a 19.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the transaction, the executive vice president owned 39,007 shares in the company, valued at $37,408,883.21. The trade was a 25.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 56,594 shares of company stock valued at $53,359,875 over the last 90 days. 0.55% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

GS has been the topic of a number of recent research reports. Dbs Bank upped their target price on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday. Daiwa Securities Group lifted their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Wells Fargo & Company cut their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. UBS Group upped their price objective on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday. Finally, BMO Capital Markets raised their target price on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a research report on Monday, April 20th. Nine equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $942.24.

Read Our Latest Research Report on The Goldman Sachs Group

More The Goldman Sachs Group News

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

Positive Sentiment: DBS Bank raised its price target on Goldman Sachs to $1,050 from $890, signaling meaningful upside from current levels. DBS Bank adjusts Goldman Sachs price target to $1,050 from $890
Positive Sentiment: UBS also nudged its price target higher to $940 from $930, reinforcing a constructive view on the stock. UBS adjusts Goldman Sachs price target to $940 from $930
Positive Sentiment: Goldman Sachs continues to be highlighted as a momentum name and a potential long-term winner, which can support investor sentiment around the shares. Zacks article on Goldman Sachs as a top momentum stock
Neutral Sentiment: Goldman Sachs has been active in AI-related commentary and partnerships, including discussion of its in-house AI tools and Anthropic-related collaboration, but these headlines are not immediate stock catalysts. Goldman Sachs tech boss discusses AI usage
Neutral Sentiment: News that Nvidia named Goldman Sachs veteran Suzanne Nora Johnson to its board reflects Goldman’s influence in finance and tech, but has limited direct impact on GS earnings. Nvidia names Goldman Sachs veteran Suzanne Nora Johnson to board
Negative Sentiment: Some headlines may pressure sentiment slightly, including insider selling and reports of rising bad loans in Goldman Sachs’ private credit fund and a 3.7% NAV decline at Goldman Sachs BDC. Bloomberg report on Goldman Sachs private credit fund bad loans

About The Goldman Sachs Group

(Free Report)

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.