Clear Street Group Inc. boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 80.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,052 shares of the investment management company’s stock after purchasing an additional 1,810 shares during the quarter. Clear Street Group Inc.’s holdings in The Goldman Sachs Group were worth $3,562,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in GS. Dagco Inc. bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $25,000. Manning & Napier Advisors LLC lifted its position in shares of 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 acquiring an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $31,000. Cornerstone Financial Management LLC bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $33,000. Finally, Entrust Financial LLC bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $34,000. 71.21% of the stock is currently owned by institutional investors.
The Goldman Sachs Group Price Performance
Shares of GS stock opened at $1,062.44 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89. The Goldman Sachs Group, Inc. has a twelve month low of $609.59 and a twelve month high of $1,098.36. The company has a market cap of $313.43 billion, a P/E ratio of 19.42, a P/E/G ratio of 1.38 and a beta of 1.30. The business has a fifty day simple moving average of $957.30 and a 200 day simple moving average of $909.86.
The Goldman Sachs Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio is presently 32.89%.
Analysts Set New Price Targets
GS has been the subject of a number of recent analyst reports. CICC Research upped their target price on 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. Weiss Ratings downgraded The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Zacks Research downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. HSBC upped their target price on The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. Finally, BMO Capital Markets upped their target price on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a research report on Monday, April 20th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $941.82.
Insider Activity at The Goldman Sachs Group
In related news, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This represents a 18.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Sheara J. Fredman sold 10,301 shares of the 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 completion of the transaction, the chief accounting officer owned 6,338 shares of the company’s stock, valued at $5,889,079.46. This represents a 61.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 33,681 shares of company stock worth $31,737,875 in the last 90 days. 0.55% of the stock is currently owned by company insiders.
More The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- 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 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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