Orographic Financial Advisors LLC bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the first quarter, HoldingsChannel.com reports. The firm bought 1,816 shares of the investment management company’s stock, valued at approximately $1,536,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Norges Bank bought a new stake in shares of The Goldman Sachs Group during the 4th quarter worth $2,515,830,000. Corient Private Wealth LLC boosted its stake in The Goldman Sachs Group by 1,657.7% in the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after buying an additional 2,448,767 shares in the last quarter. International Assets Investment Management LLC bought a new position in The Goldman Sachs Group in the first quarter valued at about $2,024,921,000. Bank of America Corp DE grew its position in The Goldman Sachs Group by 8.0% in the first quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock valued at $5,460,875,000 after acquiring an additional 476,977 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in The Goldman Sachs Group by 428.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock worth $488,947,000 after acquiring an additional 450,984 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.
Wall Street Analyst Weigh In
GS has been the subject of a number of research reports. Wells Fargo & Company increased their target price on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings cut shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. increased their price objective on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Daiwa Securities Group raised their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Finally, CICC Research boosted their target price on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $1,061.43.
Insider Activity
In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the completion of the sale, the insider owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the firm’s 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 transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.55% of the company’s stock.
The Goldman Sachs Group Trading Up 4.4%
GS opened at $1,024.35 on Friday. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.11 and a quick ratio of 0.63. The Goldman Sachs Group, Inc. has a fifty-two week low of $694.05 and a fifty-two week high of $1,153.99. The company’s 50 day moving average price is $1,052.17 and its two-hundred day moving average price is $954.18. The firm has a market capitalization of $302.19 billion, a price-to-earnings ratio of 15.81, a PEG ratio of 0.99 and a beta of 1.30.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The firm had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. During the same quarter last year, the firm earned $10.91 earnings per share. The company’s revenue for the quarter was up 39.4% on a year-over-year basis. As a group, research analysts predict that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.
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 given a $5.00 dividend. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio is presently 30.87%.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs Asset Management launched AlphaAI, a new artificial-intelligence investment platform led by Lou D’Ambrosio, chairman of Artificial Intelligence. The initiative gives GS a direct opportunity to monetize demand for AI-focused investing and could support long-term growth in assets under management and fee revenue. Goldman Sachs Asset Management launches AI investment platform
- Positive Sentiment: GS ranked first among North American M&A advisers by transaction value in the first half of 2026, advising on approximately $437.7 billion of deals. Continued deal activity supports advisory revenue and signals a favorable environment for the firm’s investment-banking business. Goldman Sachs tops North America M&A advisers
- Positive Sentiment: Strong second-quarter results across major U.S. banks, driven by trading, lending and investment banking, reinforce expectations for a supportive operating backdrop for GS. The company’s latest reported quarter also featured substantial earnings and revenue beats, providing fundamental support for the stock.
- Positive Sentiment: GS and T. Rowe Price launched a private-markets interval fund for retail investors. Broadening access to private-market investments could help Goldman Sachs expand distribution and recurring asset-management fees. Goldman Sachs launches retail private markets fund
- Neutral Sentiment: A sharp unwinding of leveraged AI trades and losses at a hedge fund highlights elevated market and liquidity risk. The volatility could weigh on trading sentiment, although periods of dislocation may also create opportunities for GS’s trading business. Situational Awareness sells public equities book
- Negative Sentiment: A U.K. tribunal ordered Goldman Sachs to pay nearly £1.5 million, or about $2 million, to a former compliance manager in a discrimination case. The financial cost is modest relative to GS’s size, but the ruling adds reputational and legal risk. Goldman Sachs ordered to pay former compliance manager
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.
Featured Articles
- Five stocks we like better than The Goldman Sachs Group
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS – Free Report).
Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.
