KMG Fiduciary Partners LLC cut its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 24.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,041 shares of the investment management company’s stock after selling 6,709 shares during the period. The Goldman Sachs Group accounts for 2.0% of KMG Fiduciary Partners LLC’s holdings, making the stock its 11th largest position. KMG Fiduciary Partners LLC’s holdings in The Goldman Sachs Group were worth $21,280,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in The Goldman Sachs Group during the 4th quarter worth $2,515,830,000. Corient Private Wealth LLC raised its position in shares of The Goldman Sachs Group by 1,657.7% in the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after buying an additional 2,448,767 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of The Goldman Sachs Group in the first quarter valued at about $2,024,921,000. Bank of America Corp DE lifted its stake in shares of The Goldman Sachs Group by 8.0% in the first quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock worth $5,460,875,000 after buying an additional 476,977 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of The Goldman Sachs Group by 428.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock worth $488,947,000 after buying an additional 450,984 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other The Goldman Sachs Group 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 transaction of $6,675,632.35. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.55% of the stock is currently owned by company insiders.
The Goldman Sachs Group Price Performance
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 earnings per share for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. 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 19.16% and a net margin of 15.53%.The company’s revenue was up 39.4% compared to the same quarter last year. During the same period in the prior year, the business posted $10.91 EPS. Equities analysts expect that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.
The Goldman Sachs Group Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given 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 yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.
More The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs is reportedly working with Nvidia, Apollo and Blackstone on a potential $500 billion financing effort to support the expansion of AI data centers. The mandate could generate substantial advisory, underwriting and financing revenue while reinforcing Goldman’s position in one of the market’s fastest-growing sectors. Wall Street giants partner with Nvidia on $500bn AI financing deal
- Positive Sentiment: Goldman ranked as the leading mergers-and-acquisitions adviser in the Middle East and Africa during the first half of 2026, working on three transactions worth a combined $34.8 billion. The result highlights continued strength in its investment-banking franchise. Goldman Sachs tops MEA M&A adviser table in H1 2026
- Positive Sentiment: CyrusOne is considering a potential 2027 IPO, and Goldman Sachs was among the banks pitching for roles. Winning a mandate for a large data-center offering would provide future underwriting and advisory revenue, although no appointment has been announced. Data center operator CyrusOne plans potential 2027 IPO
- Neutral Sentiment: Regulatory filings showed Goldman adjusting or disclosing stakes in Qiagen, Ontex and Metallium. These portfolio-position changes may affect the individual companies but do not appear to materially change Goldman’s earnings outlook. Goldman Sachs Discloses 2.63% Voting Interest in Qiagen
- Negative Sentiment: Brazilian civil police formally accused two Goldman Sachs representatives of fraud in a dispute involving a tender offer for minority shares of cancer-care company Oncoclinicas. The accusations are not a conviction, but the development raises legal, reputational and potential financial-liability concerns for Goldman. Brazilian police accuse Goldman executives of fraud over Oncoclinicas tender offer
Wall Street Analysts Forecast Growth
GS has been the subject of several research reports. Bank of America upped their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Oppenheimer cut The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Weiss Ratings raised The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Finally, HSBC upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,062.86.
View Our Latest Report on The Goldman Sachs Group
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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