Danica Pension Livsforsikringsaktieselskab 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 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,393 shares of the investment management company’s stock, valued at approximately $17,252,000.
A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after buying an additional 418,820 shares in the last quarter. State Street Corp boosted its stake in The Goldman Sachs Group by 2.1% in the fourth quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after buying an additional 394,198 shares in the last quarter. Fisher Asset Management LLC boosted its stake in The Goldman Sachs Group by 1.7% in the fourth quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after buying an additional 110,134 shares in the last quarter. Geode Capital Management LLC grew its position in The Goldman Sachs Group by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after acquiring an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE grew its position in The Goldman Sachs Group by 3.4% in the fourth quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock valued at $5,254,692,000 after acquiring an additional 194,109 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. UBS Group increased their target price on shares of 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. Rothschild & Co Redburn lifted their price target on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Keefe, Bruyette & Woods upped their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 15th. Bank of America increased their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Finally, CICC Research raised their target price on shares of 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. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1,061.43.
The Goldman Sachs Group Price Performance
The Goldman Sachs Group stock opened at $1,084.66 on Wednesday. The stock has a 50-day moving average price of $1,040.13 and a two-hundred day moving average price of $948.47. The Goldman Sachs Group, Inc. has a 12 month low of $691.88 and a 12 month high of $1,153.99. The company has a market capitalization of $319.98 billion, a PE ratio of 16.74, a P/E/G ratio of 1.09 and a beta of 1.30. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 2.83.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The company had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same period in the previous year, the business posted $10.91 earnings per share. The business’s quarterly revenue was up 39.4% compared to the same quarter last year. Analysts expect that The Goldman Sachs Group, Inc. will post 67.58 EPS for the current year.
The Goldman Sachs Group Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be given a dividend of $5.00 per share. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.8%. 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 30.87%.
Insider Buying and Selling at The Goldman Sachs Group
In other news, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were 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 of the company’s stock, valued at approximately $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the transaction, the chief financial officer owned 31,070 shares in the company, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 32,566 shares of company stock valued at $30,712,978. 0.55% of the stock is owned by insiders.
More The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs’ Q2 2026 earnings call highlighted record revenue and earnings, with results boosted by a surge in M&A activity and continued AI infrastructure investment, reinforcing the bank’s operating momentum.
- Positive Sentiment: The company created a new private markets platform for wealthy clients and family offices, which could expand fee-generating alternatives revenue and deepen its relationship with high-net-worth investors.
- Positive Sentiment: Broad strength in financial stocks also helped sentiment, as the sector advanced in late trading and supported Goldman Sachs alongside peers.
- Neutral Sentiment: Goldman Sachs’ latest market commentary on oil, gas, and gold drew attention to the firm’s research franchise, but these macro calls are more likely to influence trading and client activity than directly move GS earnings.
- Neutral Sentiment: Multiple articles noted that the stock is trading near fair value after a large run-up, suggesting investors may be weighing strong fundamentals against valuation concerns.
- Neutral Sentiment: Goldman also announced a proposed preferred stock offering, which is a capital-markets activity that may be viewed as routine funding management rather than a clear positive or negative catalyst.
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.
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