Jag Capital Management LLC Raises Holdings in The Goldman Sachs Group, Inc. $GS

Posted by Stanley Muller on Jul 17th, 2026

Jag Capital Management LLC boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,572 shares of the investment management company’s stock after purchasing an additional 1,580 shares during the quarter. The Goldman Sachs Group comprises approximately 2.2% of Jag Capital Management LLC’s investment portfolio, making the stock its 16th largest position. Jag Capital Management LLC’s holdings in The Goldman Sachs Group were worth $19,942,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GS. Vanguard Group Inc. lifted its stake in shares of 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 in the last quarter. State Street Corp lifted its stake in The Goldman Sachs Group by 2.1% in the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after purchasing an additional 394,198 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of The Goldman Sachs Group by 1.7% in the fourth quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after purchasing an additional 110,134 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of The Goldman Sachs Group by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after purchasing an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in The Goldman Sachs Group by 3.4% during the fourth quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock worth $5,254,692,000 after buying an additional 194,109 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on GS. Oppenheimer cut shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. UBS Group increased their price target on shares of The Goldman Sachs Group from $940.00 to $1,120.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. CICC Research lifted their price target on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Morgan Stanley set a $1,145.00 price objective on The Goldman Sachs Group in a research report on Wednesday. Finally, BMO Capital Markets increased their target price on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a research note on Wednesday. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average target price of $1,061.43.

Read Our Latest Research Report on The Goldman Sachs Group

The Goldman Sachs Group News Roundup

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

Positive Sentiment: Goldman Sachs posted record Q2 2026 results, with net revenues of $20.34 billion and EPS of $20.98, both well above expectations, driven by stronger trading, investment banking, and asset management performance.
Positive Sentiment: The company raised its quarterly dividend by 11% to $5.00 per share and authorized a $4 billion share repurchase program, reinforcing confidence in capital strength and shareholder returns. Article Title
Positive Sentiment: Analysts turned more constructive after the earnings beat, with Bank of America lifting its price target to $1,300 and Keefe, Bruyette & Woods raising its target to $1,130, reflecting higher earnings expectations.
Positive Sentiment: Goldman’s equity underwriting revenue jumped sharply as a rebound in capital markets activity, including AI and SpaceX-related fundraising, helped drive one of the strongest ECM quarters in years.
Positive Sentiment: CEO David Solomon’s comments that AI is still in the “early innings” and that the U.S. economy remains resilient support the view that Goldman’s revenue momentum could continue.
Neutral Sentiment: Some commentary suggests the stock’s recent rally has already captured much of the improved outlook, with at least one analyst warning the shares may be getting “frothy” after the earnings spike.
Neutral Sentiment: Goldman also remains in the spotlight for non-operating headlines, including coverage of former executive Kathryn Ruemmler’s testimony in the Epstein probe, though this appears more reputational than financially material right now.
Negative Sentiment: Broader market weakness, especially a tech-led selloff, is also weighing on sentiment and may be pressuring financial stocks even after Goldman’s strong report.

Insider Activity

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the firm’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 sale, the insider directly owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This trade represents a 47.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the transaction, the chief accounting officer owned 6,338 shares in the company, valued at $5,889,079.46. The trade was 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 three months, insiders have sold 32,566 shares of company stock valued at $30,712,978. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group Stock Down 5.0%

The Goldman Sachs Group stock opened at $1,094.61 on Friday. The stock has a market cap of $322.92 billion, a PE ratio of 16.89, a P/E/G ratio of 1.48 and a beta of 1.30. 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 stock’s fifty day moving average is $1,032.61 and its two-hundred day moving average is $944.59. The Goldman Sachs Group, Inc. has a 1-year low of $691.88 and a 1-year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.54 by $6.44. The business had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The business’s quarterly revenue was up 39.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.91 EPS. On average, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 60.44 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a $5.00 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio is presently 27.78%.

The Goldman Sachs Group Company Profile

(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.