Bull Harbor Capital LLC bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 656 shares of the investment management company’s stock, valued at approximately $555,000.
Other institutional investors have also made changes to their positions in the company. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group during the 1st quarter worth about $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in The Goldman Sachs Group during the fourth quarter worth approximately $26,000. Manning & Napier Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 287.5% during the fourth 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 period. Steph & Co. bought a new stake in shares of The Goldman Sachs Group during the first quarter worth approximately $27,000. Finally, Lifetime Wealth Management P.C. acquired a new position in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $29,000. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group Price Performance
Shares of NYSE GS opened at $1,024.35 on Friday. The business has a fifty day moving average price of $1,052.17 and a two-hundred day moving average price of $954.18. The stock has a market capitalization of $302.19 billion, a PE ratio of 15.81, a P/E/G ratio of 0.99 and a beta of 1.30. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.11 and a quick ratio of 0.63. The Goldman Sachs Group, Inc. has a fifty-two week low of $694.05 and a fifty-two week high of $1,153.99.
The Goldman Sachs Group Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a $5.00 dividend. This represents a $20.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, September 1st. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is presently 30.87%.
Insider Buying and Selling
In other news, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the completion of the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the sale, the insider owned 15,657 shares in the company, valued at $14,703,018.99. This represents a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.55% of the company’s stock.
Analyst Ratings Changes
GS has been the subject of several research reports. UBS Group lifted their price target on The Goldman Sachs Group from $940.00 to $1,120.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Zacks Research raised The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Bank of America lifted their target price on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Wells Fargo & Company boosted their target price on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Finally, Dbs Bank upped 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $1,061.43.
Check Out Our Latest Research Report 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 Sachs Asset Management launched AlphaAI, a new artificial-intelligence investment platform led by Lou D’Ambrosio, chairman of Artificial Intelligence. The initiative gives GS a direct opportunity to monetize demand for AI-focused investing and could support long-term growth in assets under management and fee revenue. Goldman Sachs Asset Management launches AI investment platform
- Positive Sentiment: GS ranked first among North American M&A advisers by transaction value in the first half of 2026, advising on approximately $437.7 billion of deals. Continued deal activity supports advisory revenue and signals a favorable environment for the firm’s investment-banking business. Goldman Sachs tops North America M&A advisers
- Positive Sentiment: Strong second-quarter results across major U.S. banks, driven by trading, lending and investment banking, reinforce expectations for a supportive operating backdrop for GS. The company’s latest reported quarter also featured substantial earnings and revenue beats, providing fundamental support for the stock.
- Positive Sentiment: GS and T. Rowe Price launched a private-markets interval fund for retail investors. Broadening access to private-market investments could help Goldman Sachs expand distribution and recurring asset-management fees. Goldman Sachs launches retail private markets fund
- Neutral Sentiment: A sharp unwinding of leveraged AI trades and losses at a hedge fund highlights elevated market and liquidity risk. The volatility could weigh on trading sentiment, although periods of dislocation may also create opportunities for GS’s trading business. Situational Awareness sells public equities book
- Negative Sentiment: A U.K. tribunal ordered Goldman Sachs to pay nearly £1.5 million, or about $2 million, to a former compliance manager in a discrimination case. The financial cost is modest relative to GS’s size, but the ruling adds reputational and legal risk. Goldman Sachs ordered to pay former compliance manager
The Goldman Sachs Group Company 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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