Intech Investment Management LLC Trims Holdings in The Goldman Sachs Group, Inc. $GS

Intech Investment Management LLC cut its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 14.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,655 shares of the investment management company’s stock after selling 10,814 shares during the quarter. The Goldman Sachs Group comprises about 0.5% of Intech Investment Management LLC’s holdings, making the stock its 22nd largest position. Intech Investment Management LLC’s holdings in The Goldman Sachs Group were worth $58,590,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Acropolis Investment Management LLC grew its position in shares of The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after purchasing an additional 11 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its stake in The Goldman Sachs Group by 2.0% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock valued at $505,000 after buying an additional 11 shares during the period. Optas LLC boosted its stake in The Goldman Sachs Group by 0.4% during the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after buying an additional 11 shares during the period. Pines Wealth Management LLC boosted its stake in The Goldman Sachs Group by 0.4% during the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after buying an additional 11 shares during the period. Finally, Terra Nova Asset Management LLC boosted its stake in The Goldman Sachs Group by 0.5% during the fourth quarter. Terra Nova Asset Management LLC now owns 2,650 shares of the investment management company’s stock valued at $2,329,000 after buying an additional 12 shares during the period. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the business’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 completion of the sale, the insider owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the sale, the chief financial officer directly owned 31,070 shares of the company’s stock, 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. In the last 90 days, insiders sold 33,681 shares of company stock worth $31,737,875. Insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on GS. Rothschild & Co Redburn lifted their price objective on The Goldman Sachs Group from $839.00 to $870.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Daiwa Securities Group lifted their price target on The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. HSBC lifted their price target on The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. Jefferies Financial Group dropped their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Finally, Morgan Stanley dropped their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. Nine investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and a consensus price target of $943.95.

The Goldman Sachs Group Trading Up 1.2%

NYSE GS opened at $1,008.15 on Friday. The Goldman Sachs Group, Inc. has a 1-year low of $592.17 and a 1-year high of $1,016.53. 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 stock has a 50-day moving average of $908.99 and a 200-day moving average of $891.19. The firm has a market cap of $297.41 billion, a PE ratio of 18.42, a price-to-earnings-growth ratio of 1.28 and a beta of 1.28.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating 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 company had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. During the same quarter in the previous year, the company posted $14.12 EPS. The Goldman Sachs Group’s revenue for the quarter was up 14.4% on a year-over-year basis. As a group, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s payout ratio is 32.89%.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs said M&A activity is running near record levels in 2026, which supports higher investment-banking fees and points to stronger revenue ahead. Reuters article
• Positive Sentiment: The firm raised its year-end S&P 500 target to 8,000, citing robust earnings and AI-driven growth, reinforcing a constructive outlook for the broader market environment Goldman benefits from. MarketWatch article
• Positive Sentiment: Goldman’s comments that it is seeing near-record M&A volumes and broader dealmaking momentum are reinforcing hopes for continued strength in advisory and underwriting revenue. TipRanks article
• Positive Sentiment: Reports that Goldman Sachs is now the lead underwriter for SpaceX’s planned IPO add to expectations for a potentially high-profile fee-generating mandate. Seeking Alpha article
• Positive Sentiment: Recent earnings strength and a strong quarter continue to support the stock’s momentum, with Goldman’s shares staying near highs after solid results and improved investor sentiment. Yahoo Finance article
• Neutral Sentiment: Analyst and media coverage highlighting Goldman as a trending or high-valuation stock may keep attention on the name, but does not by itself change the fundamentals. Zacks article
• Negative Sentiment: Goldman’s COO warned that inflation remains the “single biggest risk” to the economy, a reminder that macro uncertainty could still pressure markets and deal activity. Yahoo Finance article

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.