Korea Investment CORP Has $183.45 Million Holdings in The Goldman Sachs Group, Inc. $GS

Korea Investment CORP lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,704 shares of the investment management company’s stock after selling 8,110 shares during the quarter. Korea Investment CORP’s holdings in The Goldman Sachs Group were worth $183,451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at about $11,778,000. Banco Santander S.A. increased its position in The Goldman Sachs Group by 9.1% in the fourth quarter. Banco Santander S.A. now owns 49,317 shares of the investment management company’s stock worth $43,350,000 after purchasing an additional 4,096 shares during the period. Sumitomo Life Insurance Co. increased its position in The Goldman Sachs Group by 19.1% in the fourth quarter. Sumitomo Life Insurance Co. now owns 22,680 shares of the investment management company’s stock worth $19,936,000 after purchasing an additional 3,638 shares during the period. Kane Investment Management Inc. increased its position in The Goldman Sachs Group by 1.7% in the fourth quarter. Kane Investment Management Inc. now owns 766 shares of the investment management company’s stock worth $674,000 after purchasing an additional 13 shares during the period. Finally, Tudor Financial Inc. increased its position in The Goldman Sachs Group by 3.0% in the fourth quarter. Tudor Financial Inc. now owns 543 shares of the investment management company’s stock worth $477,000 after purchasing an additional 16 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Buying and Selling

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the transaction, the chief accounting officer owned 6,338 shares in the company, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the transaction, the insider owned 15,657 shares in the company, valued at approximately $14,703,018.99. This trade represents a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,681 shares of company stock worth $31,737,875 in the last ninety days. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Price Performance

Shares of GS opened at $1,062.44 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The Goldman Sachs Group, Inc. has a 1 year low of $609.59 and a 1 year high of $1,098.36. The stock has a market cap of $313.43 billion, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 1.34 and a beta of 1.30. The stock’s 50-day moving average price is $957.30 and its two-hundred day moving average price is $909.86.

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

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be issued 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 dividend payout ratio (DPR) is 32.89%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. CICC Research lifted their price objective on 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. UBS Group lifted their price objective on The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. Wells Fargo & Company lowered 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 research report on Monday, April 13th. Finally, BNP Paribas Exane lowered their price objective on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and an average target price of $941.82.

Key Stories Impacting The Goldman Sachs Group

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

About The Goldman Sachs Group

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.