Oslo Pensjonsforsikring AS acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,357 shares of the investment management company’s stock, valued at approximately $1,148,000.
A number of other hedge funds also recently made changes to their positions in GS. Baader Bank Aktiengesellschaft boosted its stake in shares of The Goldman Sachs Group by 26.8% during the 1st quarter. Baader Bank Aktiengesellschaft now owns 2,273 shares of the investment management company’s stock worth $1,919,000 after acquiring an additional 480 shares during the period. Wilkerson Advisory Group LLC raised its stake in The Goldman Sachs Group by 36.7% in the 1st quarter. Wilkerson Advisory Group LLC now owns 82 shares of the investment management company’s stock valued at $69,000 after acquiring an additional 22 shares during the period. Glenview Trust Co raised its stake in The Goldman Sachs Group by 1.3% in the 1st quarter. Glenview Trust Co now owns 99,453 shares of the investment management company’s stock valued at $84,136,000 after acquiring an additional 1,290 shares during the period. One Charles Private Wealth Services LLC lifted its holdings in The Goldman Sachs Group by 33.8% during the 1st quarter. One Charles Private Wealth Services LLC now owns 396 shares of the investment management company’s stock valued at $335,000 after purchasing an additional 100 shares during the last quarter. Finally, Rice Partnership LLC acquired a new stake in The Goldman Sachs Group during the 1st quarter valued at $7,485,000. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group Stock Performance
GS opened at $1,084.66 on Wednesday. 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 business has a fifty day simple moving average of $1,040.13 and a 200 day simple moving average of $948.47. The Goldman Sachs Group, Inc. has a 1 year low of $691.88 and a 1 year high of $1,153.99. The company has a market capitalization of $319.98 billion, a PE ratio of 16.74, a price-to-earnings-growth ratio of 1.09 and a beta of 1.30.
The Goldman Sachs Group Increases Dividend
The firm also recently declared 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. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is 30.87%.
Analyst Ratings Changes
Several equities analysts have commented on GS shares. Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Jefferies Financial Group set a $1,299.00 target price on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Daiwa Securities Group lifted their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, JPMorgan Chase & Co. increased their price target on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,061.43.
Read Our Latest Stock Report on The Goldman Sachs Group
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.
Insider Buying and Selling at The Goldman Sachs Group
In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the 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 transaction, the chief financial officer owned 31,070 shares in the company, valued at $30,248,198.50. This represents a 18.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 transaction, the insider owned 15,657 shares in the company, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,566 shares of company stock valued at $30,712,978 in the last three months. 0.55% of the stock is owned by insiders.
The Goldman Sachs Group 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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