LPL Financial LLC Buys 17,741 Shares of The Goldman Sachs Group, Inc. $GS

Posted by George Bondi on Jun 9th, 2026

LPL Financial LLC boosted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 3.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 483,882 shares of the investment management company’s stock after purchasing an additional 17,741 shares during the quarter. LPL Financial LLC’s holdings in The Goldman Sachs Group were worth $425,332,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Dagco Inc. acquired a new stake in shares of The Goldman Sachs Group during the fourth quarter worth $25,000. Manning & Napier Advisors LLC boosted its position 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 valued at $27,000 after acquiring an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at about $31,000. Entrust Financial LLC bought a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at about $34,000. Finally, Graney & King LLC boosted its position 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 valued at $35,000 after acquiring an additional 17 shares during the period. 71.21% of the stock is owned by institutional investors.

More The Goldman Sachs Group News

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

Positive Sentiment: Goldman Sachs’ stock has been buoyed by a stronger tone in financial shares overall, with sector updates showing banks and financials moving higher during the session, which supports GS as a bellwether for the group.
Positive Sentiment: Several articles highlight Goldman’s bullish research calls and market commentary, including additions to its U.S. Conviction List and upbeat views on stocks with upside potential, reinforcing investor confidence in the firm’s market positioning.
Positive Sentiment: Coverage also noted Goldman Sachs CEO David Solomon’s comments that the market has enough capital to fund major AI IPOs such as SpaceX, Anthropic, and OpenAI, which underscores Goldman’s role in high-profile capital markets activity.
Neutral Sentiment: Goldman Sachs’ warning that the market is showing increasing signs of exuberance around AI and other growth themes may be seen as prudent risk management rather than a direct negative for earnings.
Neutral Sentiment: Reports that Goldman pushed its Fed rate-cut expectations out to 2027 after strong U.S. jobs data could affect rate-sensitive sectors, but the direct impact on GS is unclear and may simply reflect a firmer macro backdrop.
Negative Sentiment: The biggest offset is the broader weakness in financial stocks reported late Monday, which could cap upside if investors rotate out of banks and brokers.
Negative Sentiment: News that chief legal officer Kathy Ruemmler will remain as an adviser after resigning over Epstein ties adds an overhang of reputational and governance scrutiny, even if it is not a core business issue.

Insider Transactions at The Goldman Sachs Group

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This represents a 18.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is owned by corporate insiders.

The Goldman Sachs Group Stock Up 0.7%

Shares of NYSE GS opened at $1,045.74 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The company has a market cap of $308.50 billion, a price-to-earnings ratio of 19.11, a PEG ratio of 1.34 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 12 month low of $609.31 and a 12 month high of $1,098.36. The stock has a 50-day moving average price of $941.04 and a two-hundred day moving average price of $903.62.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping the consensus estimate of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $14.12 earnings per share. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings cut shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. HSBC boosted their target price on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. Rothschild & Co Redburn boosted their target price on shares of The Goldman Sachs Group from $839.00 to $870.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $943.95.

Get Our Latest Stock Report on The Goldman Sachs Group

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.