Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 9.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,856 shares of the investment management company’s stock after buying an additional 3,700 shares during the quarter. The Goldman Sachs Group makes up approximately 1.5% of Livforsakringsbolaget Skandia Omsesidigt’s investment portfolio, making the stock its 13th largest position. Livforsakringsbolaget Skandia Omsesidigt’s holdings in The Goldman Sachs Group were worth $37,080,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of GS. Vanguard Group Inc. boosted its stake 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 acquiring an additional 418,820 shares during the period. State Street Corp raised its stake in The Goldman Sachs Group by 2.1% in the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after acquiring an additional 394,198 shares during the period. Fisher Asset Management LLC raised its stake in The Goldman Sachs Group by 1.7% in the 4th 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 acquiring an additional 110,134 shares during the period. Geode Capital Management LLC lifted its holdings in The Goldman Sachs Group by 0.7% during the 4th 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 purchasing an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in The Goldman Sachs Group by 3.4% during the 4th 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 purchasing an additional 194,109 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.
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 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 $30,248,198.50. This trade represents a 18.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction on 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 sale, the insider directly owned 15,657 shares in the company, valued at approximately $14,703,018.99. This trade represents a 47.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,681 shares of company stock valued at $31,737,875 in the last three months. Corporate insiders own 0.55% of the company’s stock.
The Goldman Sachs Group News Roundup
- Positive Sentiment: Goldman Sachs crushed expectations with EPS of $20.98 versus $14.47 expected and revenue of $20.34 billion versus $16.22 billion, reinforcing the earnings-driven move higher. Goldman Sachs (NYSE:GS) Reports Bullish Q2 CY2026
- Positive Sentiment: Record equities trading and a strong investment banking pipeline drove the beat, with traders citing booming market volatility, IPO activity, underwriting, and M&A as key revenue drivers. Goldman’s profit jumps on trading surge, corporate deal spree
- Positive Sentiment: Management also raised the quarterly dividend to $5.00, a sign of confidence in earnings power and capital returns. Goldman Sachs raises dividend by 11.1% to $5.00
- Positive Sentiment: Several reports highlighted Goldman as a market winner alongside stronger bank earnings broadly, helping sentiment around the stock and the financial sector. The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
The Goldman Sachs Group Stock Up 9.2%
GS stock opened at $1,142.58 on Wednesday. The Goldman Sachs Group, Inc. has a fifty-two week low of $691.30 and a fifty-two week high of $1,143.84. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $337.07 billion, a price-to-earnings ratio of 20.88, a PEG ratio of 1.34 and a beta of 1.30. The business’s fifty day moving average price is $1,024.94 and its two-hundred day moving average price is $941.58.
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 EPS for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. 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 company posted $10.91 earnings per share. The Goldman Sachs Group’s revenue was up 39.4% compared to the same quarter last year. On average, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 60.44 earnings per share 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. Stockholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is 32.89%.
Analyst Upgrades and Downgrades
Several equities analysts have commented on GS shares. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. HSBC raised their target price on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. BNP Paribas Exane reduced their target price on shares of The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Bank of America upped their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,150.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, UBS Group increased their price target on shares of The Goldman Sachs Group from $940.00 to $1,120.00 and gave the company a “neutral” rating in a report on Tuesday, July 7th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus target price of $1,005.33.
Get Our Latest Analysis on The Goldman Sachs Group
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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