NewEdge Wealth LLC Raises Stake in The Goldman Sachs Group, Inc. $GS

Posted by Joseph Griffin on Jul 23rd, 2026

NewEdge Wealth LLC lifted its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 6.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,025 shares of the investment management company’s stock after purchasing an additional 1,675 shares during the period. NewEdge Wealth LLC’s holdings in The Goldman Sachs Group were worth $22,017,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in GS. Brighton Jones LLC boosted its holdings in shares of The Goldman Sachs Group by 17.1% in the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after purchasing an additional 508 shares during the period. Revolve Wealth Partners LLC increased its holdings in The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after purchasing an additional 58 shares during the period. Sivia Capital Partners LLC raised its position in The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. raised its position in The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after purchasing an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of The Goldman Sachs Group by 22.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock worth $1,522,000 after buying an additional 391 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of GS opened at $1,098.86 on Thursday. The company has a 50 day moving average of $1,043.02 and a two-hundred day moving average of $950.03. The company has a quick ratio of 0.63, a current ratio of 1.11 and a debt-to-equity ratio of 2.83. The Goldman Sachs Group, Inc. has a twelve month low of $694.05 and a twelve month high of $1,153.99. The company has a market cap of $324.17 billion, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. During the same period in the prior year, the firm posted $10.91 earnings per share. The business’s quarterly revenue was up 39.4% on a year-over-year basis. As a group, analysts predict that The Goldman Sachs Group, Inc. will post 68.83 earnings per share for the current fiscal 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 of this dividend is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.8%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.

Insider Activity 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 dated Thursday, May 14th. The stock was 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 in the company, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 completion of the sale, the insider directly owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,450 shares of company stock valued at $29,668,201 in the last ninety days. Corporate insiders own 0.55% of the company’s stock.

Wall Street Analysts Forecast Growth

GS has been the topic of a number of recent research reports. Oppenheimer downgraded The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. Wells Fargo & Company upped their price objective on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, JPMorgan Chase & Co. boosted 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 investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $1,061.43.

View Our Latest Stock Report on The Goldman Sachs Group

Key The Goldman Sachs Group News

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

Positive Sentiment: Goldman Sachs launched a new private markets platform for wealthy clients and family offices, expanding its alternatives business and giving it another way to tap strong demand for private-company investing. Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Positive Sentiment: The bank’s latest earnings call highlighted record revenue and earnings, helped by a surge in M&A activity and strong investment banking conditions, reinforcing optimism about Goldman Sachs’ operating momentum. Goldman Sachs (GS) Q2 2026 Earnings Call Transcript
Positive Sentiment: Analysts and media commentary continue to favor GS as one of the better-positioned large investment banks, citing strong Q2 results, improving estimates, and an upbeat 2026 outlook. Buy 3 Top-Ranked Big Investment Banks Amid Solid Q2 Earnings & Outlook
Neutral Sentiment: Goldman Sachs analysts issued several separate stock calls on other companies, keeping the firm active in markets research but with limited direct impact on GS shares. Goldman’s Koslosky Reiterates Buy on Danaher…
Neutral Sentiment: Goldman also reiterated views on names like QIAGEN, ServiceNow, IREN, and W.R. Berkley, underscoring the bank’s influence in sell-side research rather than changing the earnings outlook for GS itself. Goldman’s Robert Cox Reiterates Buy on W.R. Berkley…
Neutral Sentiment: Recent commentary about oil, gold, and gas price forecasts from Goldman Sachs reflects the bank’s market views, but those calls are more relevant to commodities than to GS stock directly. Oil prices could surpass $120 per barrel…

The Goldman Sachs Group Profile

(Free Report)

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.