Western Wealth Management LLC lifted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 123.7% in the first quarter, HoldingsChannel.com reports. The fund owned 2,718 shares of the investment management company’s stock after buying an additional 1,503 shares during the quarter. Western Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $2,299,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Turim 21 Investimentos Ltda. purchased a new position in The Goldman Sachs Group during the first quarter valued at $25,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of The Goldman Sachs Group during the fourth quarter valued at about $26,000. Manning & Napier Advisors LLC grew its holdings in The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares in the last quarter. Steph & Co. bought a new stake in The Goldman Sachs Group in the first quarter worth $27,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. BMO Capital Markets increased their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a report on Wednesday, July 15th. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. UBS Group boosted their target price on shares of The Goldman Sachs Group from $940.00 to $1,120.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Finally, Oppenheimer lowered The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $1,061.43.
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: AI platform expands growth opportunities: Goldman Sachs Asset Management launched AlphaAI, led by Lou D’Ambrosio, to identify investment opportunities among companies benefiting from artificial intelligence. The initiative could support future fee revenue and strengthen Goldman’s position in a rapidly growing investment theme. Goldman Sachs launches AlphaAI to profit from AI winners hidden inside sectors
- Positive Sentiment: M&A leadership highlights advisory momentum: Goldman ranked first among North American M&A advisers by transaction value in the first half of 2026, advising on $437.7 billion of deals. Sustained deal activity is supportive of investment-banking revenue, although it may already be reflected in the stock following Goldman’s strong recent quarterly results. Goldman Sachs tops North America M&A advisers by value in H1 2026
- Positive Sentiment: Private-markets and community-finance activity broadens revenue sources: Goldman partnered with T. Rowe Price on a private-markets interval fund for retail investors and deployed $116 million toward the Syracuse affordable-housing redevelopment. These moves expand product distribution and demonstrate ongoing lending and investment activity. Goldman Sachs launches retail private markets fund
- Neutral Sentiment: Investment positions disclosed: Goldman reported a 3.29% stake in Qiagen and changes in its Ontex holdings. These regulatory filings indicate portfolio activity but do not directly change Goldman’s operating outlook. Goldman Sachs discloses stake in Qiagen
- Negative Sentiment: UK discrimination ruling creates legal and reputational pressure: Goldman was ordered to pay nearly £1.5 million, or about $2 million, to a former compliance manager. The financial cost is limited relative to Goldman’s scale, but the ruling adds regulatory, legal and reputational overhang. Goldman Sachs ordered to pay former compliance manager
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 firm’s 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s 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 directly owned 15,657 shares in the company, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their position. The SEC filing for this sale provides additional information. 0.55% of the stock is owned by insiders.
The Goldman Sachs Group Stock Performance
Shares of NYSE:GS opened at $1,019.17 on Friday. The company has a market capitalization of $300.67 billion, a price-to-earnings ratio of 15.73, a price-to-earnings-growth ratio of 1.03 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52 week low of $694.05 and a 52 week high of $1,153.99. 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 firm has a 50 day moving average of $1,052.62 and a 200 day moving average of $954.63.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating 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 business had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter last year, the firm earned $10.91 EPS. The business’s revenue for the quarter was up 39.4% on a year-over-year basis. On average, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current fiscal year.
The Goldman Sachs Group Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a $5.00 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is presently 27.78%.
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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