World Investment Advisors increased its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 13.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,383 shares of the investment management company’s stock after acquiring an additional 1,493 shares during the period. World Investment Advisors’ holdings in The Goldman Sachs Group were worth $10,885,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of GS. Wellington Management Group LLP lifted its position in The Goldman Sachs Group by 110.8% in the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after buying an additional 936,015 shares during the last quarter. Vanguard Group Inc. lifted its position in The Goldman Sachs Group by 1.5% in 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 during the last quarter. Jennison Associates LLC lifted its position in The Goldman Sachs Group by 40.8% in the fourth quarter. Jennison Associates LLC now owns 1,353,007 shares of the investment management company’s stock worth $1,189,293,000 after buying an additional 392,319 shares during the last quarter. Danske Bank A S bought a new stake in The Goldman Sachs Group in the third quarter worth $178,941,000. Finally, Evergreen Capital Management LLC lifted its position in The Goldman Sachs Group by 11,400.3% in the third quarter. Evergreen Capital Management LLC now owns 212,180 shares of the investment management company’s stock worth $168,970,000 after buying an additional 210,335 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of analysts recently issued reports on GS shares. Wells Fargo & Company lowered their price target on 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. Morgan Stanley lowered their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 31st. BNP Paribas Exane lowered their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Finally, Bank of America lowered their price target on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $942.24.
The Goldman Sachs Group Stock Performance
GS stock opened at $954.65 on Thursday. 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 business’s fifty day simple moving average is $874.83 and its two-hundred day simple moving average is $876.52. The Goldman Sachs Group, Inc. has a twelve month low of $582.50 and a twelve month high of $984.70. The firm has a market cap of $281.63 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.22 and a beta of 1.28.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same quarter last year, the firm posted $14.12 earnings per share. The business’s revenue was up 14.4% compared to the same quarter last year. Analysts predict that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.
The Goldman Sachs Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date 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 presently 32.89%.
Insiders Place Their Bets
In other 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 owned 2,578 shares in the company, valued at approximately $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction on 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 transaction, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. This represents a 61.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,824 shares of company stock worth $25,062,242 over the last quarter. Company insiders own 0.55% of the company’s stock.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs’ private credit business is expanding, with its arm acquiring FGI Worldwide to deepen exposure to trade finance and specialty lending as demand for non-bank financing rises.
- Positive Sentiment: The bank continues to earn recognition for its market positioning, including leadership in South and Central America M&A adviser rankings in Q1 2026, highlighting ongoing dealmaking strength.
- Positive Sentiment: Goldman Sachs is also being viewed favorably in related coverage for its AI and automation strategy, with executives framing AI as a way to improve efficiency across the firm’s operations.
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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