The Goldman Sachs Group, Inc. $GS Shares Sold by Smithbridge Asset Management Inc. DE

Posted by Francis Steltz on Aug 13th, 2026

Smithbridge Asset Management Inc. DE reduced its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 7.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 10,613 shares of the investment management company’s stock after selling 879 shares during the quarter. The Goldman Sachs Group comprises 1.5% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 18th biggest position. Smithbridge Asset Management Inc. DE’s holdings in The Goldman Sachs Group were worth $10,734,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Turim 21 Investimentos Ltda. acquired a new position in The Goldman Sachs Group during the first quarter worth $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at $26,000. Manning & Napier Advisors LLC increased its stake in shares of The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after acquiring an additional 23 shares during the last quarter. Steph & Co. acquired a new stake in shares of The Goldman Sachs Group in the 1st quarter worth $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of The Goldman Sachs Group during the 4th quarter worth $29,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Price Performance

GS opened at $1,034.85 on Thursday. The stock’s 50-day moving average price is $1,055.39 and its 200 day moving average price is $959.59. The Goldman Sachs Group, Inc. has a 12-month low of $705.55 and a 12-month high of $1,153.99. The firm has a market cap of $301.32 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 1.05 and a beta of 1.30. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47 by $6.51. The company had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The Goldman Sachs Group’s revenue was up 39.4% compared to the same quarter last year. During the same period in the previous year, the company posted $10.91 EPS. As a group, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be issued a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 27.78%.

Wall Street Analysts Forecast Growth

GS has been the topic of several recent research reports. JPMorgan Chase & Co. boosted their price target on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. CICC Research raised their price objective on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Rothschild & Co Redburn lifted their target price on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Wall Street Zen upgraded shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Dbs Bank increased their price target on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and an average price target of $1,062.86.

Check Out Our Latest Stock Analysis on The Goldman Sachs Group

Trending Headlines about The Goldman Sachs Group

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

Positive Sentiment: Goldman agreed to acquire NEOS Investments for up to $2.25 billion. NEOS manages approximately $30 billion across 19 options-based income ETFs, including funds linked to Bitcoin and Ether. The transaction would strengthen Goldman Sachs Asset Management’s position in actively managed ETFs, a fast-growing segment focused on monthly income and downside management. Goldman Sachs to Acquire NEOS Investments
Positive Sentiment: The deal could lift Goldman’s active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, following the earlier Innovator Capital acquisition. The scale may improve distribution, product breadth and recurring management-fee revenue. The transaction is expected to close in the first quarter of 2027, pending regulatory approval. Goldman’s Latest ETF Deal
Positive Sentiment: Goldman is one of six major financial firms helping NVIDIA mobilize more than $500 billion of third-party capital for AI infrastructure. The initiative could generate financing, advisory and asset-management opportunities while deepening Goldman’s relationships with technology and institutional-investment clients. Goldman Sachs and NVIDIA AI Financing
Neutral Sentiment: The ETF acquisition expands Goldman’s exposure to options-based and cryptocurrency-linked products, but the purchase price is substantial and the benefits depend on continued asset growth, investor demand and successful integration.
Negative Sentiment: Goldman staff were reportedly named as suspects in a Brazil investigation involving a shareholder dispute at cancer-care company Oncoclínicas. The matter represents a potential legal and reputational risk, although no material financial impact was specified. Goldman Staff Named in Brazil Investigation

The Goldman Sachs Group 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.