Clark Capital Management Group Inc. Reduces Stake in The Goldman Sachs Group, Inc. $GS

Posted by Brian Himes on Jun 17th, 2026

Clark Capital Management Group Inc. lowered its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 0.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 129,056 shares of the investment management company’s stock after selling 549 shares during the period. Clark Capital Management Group Inc.’s holdings in The Goldman Sachs Group were worth $113,441,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Unio Capital LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth approximately $19,383,000. Harvest Investment Advisors LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth approximately $3,622,000. Kemnay Advisory Services Inc. purchased a new stake in The Goldman Sachs Group in the 4th quarter worth approximately $128,000. Captrust Financial Advisors lifted its holdings in The Goldman Sachs Group by 7.4% in the 4th quarter. Captrust Financial Advisors now owns 77,508 shares of the investment management company’s stock worth $68,130,000 after buying an additional 5,348 shares during the period. Finally, Fred Alger Management LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth approximately $5,799,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

Positive Sentiment: Goldman Sachs surpassed $1 trillion in year-to-date M&A advisory volume, signaling record-breaking deal activity and a stronger revenue outlook from investment banking. Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume
Positive Sentiment: Goldman Sachs was tapped to lead SpaceX’s IPO, which could boost underwriting fees and serves as a high-profile sign that new listings may be returning. Goldman Sachs (GS) Lands SpaceX IPO Lead As New Listings Come Back Into Focus
Positive Sentiment: Goldman Sachs’ record M&A pace and continued involvement in major financings are reinforcing investor expectations for stronger fee generation across its advisory and capital-markets businesses. Goldman Tops $1 Trillion of M&A, Fastest Ever to Reach the Mark
Neutral Sentiment: Several articles referenced Goldman’s research and market commentary on oil, Chinese stocks, and AI themes, but these are more about the firm’s views than a direct business catalyst for GS shares. The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Citigroup increased their price objective on The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Wells Fargo & Company dropped their price objective on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Morgan Stanley set a $900.00 price objective on The Goldman Sachs Group in a report on Friday. Zacks Research cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, BNP Paribas Exane lowered their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a research note on Friday, April 24th. Nine investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus target price of $941.82.

Get Our Latest Report on GS

Insider Buying and Selling

In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the transaction, the insider owned 2,578 shares in the company, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction 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 transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,681 shares of company stock worth $31,737,875 over the last three months. 0.55% of the stock is owned by corporate insiders.

The Goldman Sachs Group Trading Up 1.3%

GS opened at $1,090.03 on Wednesday. The stock has a market cap of $321.57 billion, a PE ratio of 19.92, a PEG ratio of 1.40 and a beta of 1.30. 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 business has a 50 day moving average of $966.09 and a 200-day moving average of $914.56. The Goldman Sachs Group, Inc. has a 52 week low of $623.00 and a 52 week high of $1,098.36.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter last year, the business posted $14.12 EPS. Equities research analysts predict that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a dividend of $4.50 per share. The ex-dividend date is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.7%. The Goldman Sachs Group’s payout ratio is presently 32.89%.

About The Goldman Sachs Group

(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.