Kentucky Retirement Systems raised its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 84.4% in the 1st quarter, Holdings Channel reports. The firm owned 34,800 shares of the investment management company’s stock after acquiring an additional 15,926 shares during the period. The Goldman Sachs Group accounts for approximately 1.0% of Kentucky Retirement Systems’ holdings, making the stock its 17th largest position. Kentucky Retirement Systems’ holdings in The Goldman Sachs Group were worth $29,440,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Walkner Condon Financial Advisors LLC grew its holdings in shares of The Goldman Sachs Group by 2.0% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock valued at $505,000 after purchasing an additional 11 shares during the last quarter. Optas LLC lifted its stake in The Goldman Sachs Group by 0.4% in the 4th quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after purchasing an additional 11 shares during the last quarter. Pines Wealth Management LLC boosted its position in The Goldman Sachs Group by 0.4% in the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after buying an additional 11 shares in the last quarter. Welch & Forbes LLC boosted its position in The Goldman Sachs Group by 0.8% in the fourth quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock valued at $1,257,000 after buying an additional 11 shares in the last quarter. Finally, First Financial Group Corp grew its stake in shares of The Goldman Sachs Group by 4.7% during the first quarter. First Financial Group Corp now owns 246 shares of the investment management company’s stock worth $208,000 after buying an additional 11 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.
Insider Transactions at The Goldman Sachs Group
In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the sale, the insider directly owned 15,657 shares in the company, 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 the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction dated 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 sale, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 31,450 shares of company stock worth $29,668,201. Company insiders own 0.55% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Analysis 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 and T. Rowe Price launched a private-markets interval fund for retail investors, potentially expanding Goldman’s asset-management distribution and fee opportunities. CEO David Solomon’s support for the revised Crypto Clarity Act may also improve the firm’s positioning in digital-asset regulation. Goldman Sachs Launches Retail Private Markets Fund
- Positive Sentiment: Goldman ranked among the leading global M&A advisers in the first half of 2026, advising on transactions valued at $597.4 billion. Strong deal activity supports potential investment-banking revenue, although it does not directly change near-term earnings guidance. Goldman Sachs, Houlihan Lokey Lead H1 2026 M&A Adviser Rankings
- Positive Sentiment: Goldman-backed Attovia Therapeutics is seeking up to $212.5 million in a U.S. IPO, highlighting the firm’s involvement in capital raising and potential future underwriting or advisory revenue. Goldman-Backed Biotech Attovia Seeks $212.5 Million IPO
The Goldman Sachs Group Stock Down 5.2%
Shares of NYSE:GS opened at $979.67 on Thursday. The firm has a market cap of $289.01 billion, a P/E ratio of 15.12, a P/E/G ratio of 1.05 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 12-month low of $694.05 and a 12-month high of $1,153.99. The business has a fifty day simple moving average of $1,051.46 and a 200 day simple moving average of $953.58. The company has a quick ratio of 0.63, a current ratio of 1.11 and a debt-to-equity ratio of 2.83.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The firm had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same quarter in the previous year, the company posted $10.91 EPS. The business’s revenue was up 39.4% on a year-over-year basis. Analysts predict that The Goldman Sachs Group, Inc. will post 68.83 earnings per share for the current year.
The Goldman Sachs Group Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) is 27.78%.
The Goldman Sachs Group 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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