Victory Capital Management Inc. boosted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 874,254 shares of the investment management company’s stock after purchasing an additional 7,231 shares during the period. Victory Capital Management Inc.’s holdings in The Goldman Sachs Group were worth $768,475,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Dagco Inc. acquired a new stake in The Goldman Sachs Group during the 4th quarter valued at $25,000. Manning & Napier Advisors LLC grew its holdings in 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 valued at $27,000 after purchasing an additional 23 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter valued at $31,000. Entrust Financial LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter valued at $34,000. Finally, Graney & King LLC grew its holdings in The Goldman Sachs Group by 51.5% during the 2nd quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 17 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at The Goldman Sachs Group
In other news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, May 6th. The shares were 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 directly owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 transaction 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 trade represents a 18.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 33,681 shares of company stock valued at $31,737,875. Corporate insiders own 0.55% of the company’s stock.
The Goldman Sachs Group News Summary
- 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
The Goldman Sachs Group Price Performance
Shares of GS stock opened at $1,062.44 on Friday. The Goldman Sachs Group, Inc. has a 1-year low of $609.59 and a 1-year high of $1,098.36. The firm has a fifty day moving average of $957.30 and a two-hundred day moving average of $909.86. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $313.43 billion, a P/E ratio of 19.42, a P/E/G ratio of 1.34 and a beta of 1.30.
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. As a group, research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current fiscal year.
The Goldman Sachs Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued 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 payout ratio is 32.89%.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. UBS Group raised their price target on shares of The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Citigroup raised their price objective on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Bank of America decreased their price objective on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Evercore decreased their price objective on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Finally, Wells Fargo & Company decreased their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Nine research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $941.82.
Get Our Latest Stock Analysis on The Goldman Sachs Group
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.
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