The Goldman Sachs Group (NYSE:GS) Hits New 12-Month High – Here’s Why

Posted by George Bondi on May 27th, 2026

Shares of The Goldman Sachs Group, Inc. (NYSE:GS – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $1,016.54 and last traded at $994.05, with a volume of 2080273 shares. The stock had previously closed at $996.73.

Key Headlines Impacting The Goldman Sachs Group

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

Positive Sentiment: Goldman Sachs’ latest market commentary suggests AI-related capital spending is still accelerating, with the firm raising its 2026 business investment outlook and saying AI spending could reach $800 billion this year. That supports the view that Goldman is well positioned to benefit from active equity, financing, and advisory markets. Article Title
Positive Sentiment: Goldman CEO David Solomon pushed back on fears of an AI “job apocalypse,” arguing AI will reshape work rather than eliminate it. That message may help calm investors worried about broader economic disruption from AI and reinforces Goldman’s bullish tone on the theme. Article Title
Positive Sentiment: Goldman’s trading and prime brokerage data shows hedge funds and mutual funds are rotating into tech, especially semiconductors, which typically signals stronger trading activity and can support revenue for major banks like GS. Article Title
Neutral Sentiment: Multiple healthcare companies announced they will present at Goldman Sachs’ 47th Annual Global Healthcare Conference. These are routine investor-conference announcements, but they underscore Goldman’s ongoing role as a key capital-markets and conference organizer. Article Title
Neutral Sentiment: KBRA assigned preliminary ratings to a Goldman Sachs mortgage-backed securities trust, highlighting continued securitization activity in GS’s mortgage business. This is supportive of franchise breadth, though the direct stock impact is likely limited. Article Title
Negative Sentiment: Goldman Sachs agreed to a $500 million settlement in the long-running 1MDB shareholder case. While the settlement clarifies legal exposure, it is a reminder of lingering litigation costs and reputational overhangs that can pressure sentiment. Article Title

Wall Street Analyst Weigh In

Several research analysts have weighed in on GS shares. Dbs Bank raised their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Jefferies Financial Group decreased their price objective on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. Daiwa Securities Group raised their price objective 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. Zacks Research lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, HSBC raised their price objective on shares of The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $943.95.

Get Our Latest Research Report on GS

The Goldman Sachs Group Price Performance

The company’s fifty day moving average price is $900.95 and its 200 day moving average price is $888.16. 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 firm has a market capitalization of $293.25 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.28 and a beta of 1.28.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $16.66 billion. During the same period in the previous year, the business posted $14.12 EPS. The company’s quarterly revenue was up 14.4% on a year-over-year basis. Equities 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be given a $4.50 dividend. The ex-dividend date is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.89%.

Insider Activity

In related news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the sale, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is owned by company insiders.

Institutional Trading of The Goldman Sachs Group

Hedge funds have recently bought and sold shares of the company. Dagco Inc. bought a new stake in shares of The Goldman Sachs Group during the 4th quarter worth about $25,000. Turim 21 Investimentos Ltda. bought a new stake in shares of The Goldman Sachs Group during the 1st quarter worth about $25,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of The Goldman Sachs Group during the 4th quarter worth about $26,000. Manning & Napier Advisors LLC raised its position in shares of The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after buying an additional 23 shares in the last quarter. Finally, Steph & Co. bought a new stake in shares of The Goldman Sachs Group during the 1st quarter worth about $27,000. 71.21% of the stock is currently owned by institutional investors.

About The Goldman Sachs Group

(Get 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.