The Goldman Sachs Group, Inc. $GS Shares Sold by Heritage Investors Management Corp

Posted by George Bondi on Jul 3rd, 2026

Heritage Investors Management Corp reduced its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 1.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 55,579 shares of the investment management company’s stock after selling 908 shares during the period. The Goldman Sachs Group accounts for about 1.4% of Heritage Investors Management Corp’s portfolio, making the stock its 15th biggest position. Heritage Investors Management Corp’s holdings in The Goldman Sachs Group were worth $47,019,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after purchasing an additional 508 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after acquiring an additional 58 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after purchasing an additional 735 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after purchasing an additional 70 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in The Goldman Sachs Group by 22.2% in the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock valued at $1,522,000 after purchasing an additional 391 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

More The Goldman Sachs Group News

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

Positive Sentiment: Financial stocks were broadly higher, which supports Goldman Sachs alongside the wider banking sector. A stronger tape for financials can help GS even without company-specific news. Sector Update: Financial Stocks Advance Late Afternoon
Positive Sentiment: Goldman Sachs contributed $1,000 to “Trump Accounts” for eligible children of employees, a move that signals continued support for employee benefits and could be viewed favorably from a corporate culture and retention standpoint. Goldman Sachs Contributes to ‘Trump Accounts’ for Children of Its Employees
Positive Sentiment: Market commentary highlighted Goldman’s bullish market stance, including its view that investors are still keeping meaningful exposure to equities and that the firm remains constructive on stocks heading into the second half. That optimism can support sentiment toward GS’s trading and advisory franchise. Goldman Sachs doubles down on stock market outlook for 2026
Positive Sentiment: Goldman was also mentioned as being among the big banks that passed the Fed stress test and are planning dividend increases, which is typically supportive for bank stocks because it points to strong capital levels and shareholder returns. 3 Big Banks Plan Double Digit Dividend Increases After Passing Fed Stress Test
Neutral Sentiment: Goldman’s private-credit fund reportedly saw relatively low redemption pressure, suggesting stability in that part of the business, though the direct stock impact is limited. Goldman private credit fund escapes redemption pressure again
Neutral Sentiment: Several articles focused on Goldman analysts’ macro views, including signs of tech rotation and European equity resilience. These are informative for sentiment but are not direct catalysts for GS shares. Goldman’s Garrett sees investors dialing back tech exposure into H2

Insiders Place Their Bets

In other news, insider Alex S. Golten sold 1,116 shares of the stock in a transaction that occurred 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 transaction, the insider owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the stock in a transaction that occurred on 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 transaction, the chief accounting officer owned 6,338 shares in the company, valued at $5,889,079.46. This trade represents a 61.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 33,681 shares of company stock valued at $31,737,875. Corporate insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. BMO Capital Markets boosted their price objective on The Goldman Sachs Group from $972.00 to $1,070.00 and gave the company a “market perform” rating in a report on Monday. Morgan Stanley lifted their price target on The Goldman Sachs Group from $1,021.00 to $1,099.00 and gave the company an “equal weight” rating in a research report on Monday. CICC Research boosted their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Finally, UBS Group raised their price objective on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus price target of $974.18.

View Our Latest Stock Report on GS

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,022.00 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 52 week low of $691.30 and a 52 week high of $1,125.00. The stock’s 50-day moving average price is $1,004.08 and its 200-day moving average price is $932.24. The stock has a market capitalization of $301.50 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 1.31 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping 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 Goldman Sachs Group’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $14.12 EPS. As a group, equities analysts expect that The Goldman Sachs Group, Inc. will post 60.18 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 1st were given a $4.50 dividend. The ex-dividend date was Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s payout ratio is 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.

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS – Free Report).

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.