State Street Corp Raises Stock Holdings in The Goldman Sachs Group, Inc. $GS

State Street Corp lifted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.1% in the fourth quarter, HoldingsChannel reports. The fund owned 19,564,783 shares of the investment management company’s stock after acquiring an additional 394,198 shares during the period. The Goldman Sachs Group makes up approximately 0.6% of State Street Corp’s holdings, making the stock its 23rd largest holding. State Street Corp owned about 0.07% of The Goldman Sachs Group worth $17,197,444,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GS. Dagco Inc. bought a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $25,000. Manning & Napier Advisors LLC boosted its stake in shares of The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after acquiring an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth about $31,000. Entrust Financial LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth about $34,000. Finally, Graney & King LLC boosted its stake in shares of The Goldman Sachs Group by 51.5% in the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after acquiring an additional 17 shares during the period. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Trading Up 2.6%

Shares of NYSE GS opened at $1,062.44 on Friday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The business’s 50 day moving average price is $957.30 and its 200-day moving average price is $909.86. The Goldman Sachs Group, Inc. has a fifty-two week low of $609.59 and a fifty-two week high of $1,098.36. The company has a market cap of $313.43 billion, a price-to-earnings ratio of 19.42, a PEG ratio of 1.34 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results 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 return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same period in the prior year, the business posted $14.12 earnings per share. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. On average, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

Wall Street Analysts Forecast Growth

GS has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price objective on The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a research note on Monday, April 20th. Citigroup upped their price objective on The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Morgan Stanley set a $900.00 price target on The Goldman Sachs Group in a research note on Friday. Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Finally, Jefferies Financial Group dropped their price target on 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. Nine equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $941.82.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs is benefiting from high-profile underwriting and advisory work, including the SpaceX IPO and Prometheus’ massive funding round, both of which highlight stronger capital-markets activity and potential fee growth. SpaceX IPO Crowds Pre-Market Sentiment
• Positive Sentiment: Goldman Sachs’ optimistic 2026 market outlook and views that AI infrastructure spending could stay elevated support the investment-banking and markets narrative for GS. Goldman Sachs doubles down on stock market outlook for 2026
• Neutral Sentiment: JPMorgan raised its price target on Goldman Sachs but kept a neutral rating, suggesting valuation remains rich even after the stock’s strong run. JPMorgan adjusts price target on Goldman Sachs to 900 from 826
• Neutral Sentiment: Separate commentary that Goldman Sachs sees the market as trending higher and favors sectors tied to AI and growth is constructive, but it is more of a broad-market read than a direct company-specific catalyst. Goldman Sachs doubles down on stock market outlook for 2026

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the transaction, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer owned 31,070 shares in the company, valued at $30,248,198.50. The trade was a 18.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 33,681 shares of company stock valued at $31,737,875. Company insiders own 0.55% of the company’s stock.

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.