The Goldman Sachs Group, Inc. $GS Stock Holdings Lifted by Chase Investment Counsel Corp

Chase Investment Counsel Corp raised its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 6.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,615 shares of the investment management company’s stock after purchasing an additional 738 shares during the quarter. The Goldman Sachs Group accounts for approximately 2.6% of Chase Investment Counsel Corp’s holdings, making the stock its 9th biggest position. Chase Investment Counsel Corp’s holdings in The Goldman Sachs Group were worth $9,826,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Norges Bank purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $2,515,830,000. Corient Private Wealth LLC increased its holdings in The Goldman Sachs Group by 1,657.7% during the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after buying an additional 2,448,767 shares during the last quarter. International Assets Investment Management LLC bought a new position in The Goldman Sachs Group in the first quarter worth approximately $2,024,921,000. Northwestern Mutual Wealth Management Co. raised its position in The Goldman Sachs Group by 428.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock worth $488,947,000 after acquiring an additional 450,984 shares during the period. Finally, Diamant Asset Management Inc. boosted its stake in shares of The Goldman Sachs Group by 84,499.0% during the 1st quarter. Diamant Asset Management Inc. now owns 422,995 shares of the investment management company’s stock worth $35,785,000 after acquiring an additional 422,495 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insiders Place Their Bets

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 transaction, the insider directly owned 15,657 shares in the company, valued at $14,703,018.99. The trade was a 47.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $929.17, for a total value of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 32,566 shares of company stock valued at $30,712,978 in the last ninety days. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

GS opened at $1,084.66 on Wednesday. The company has a 50 day simple moving average of $1,040.13 and a two-hundred day simple moving average of $948.47. 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 firm has a market cap of $319.98 billion, a P/E ratio of 16.74, a PEG ratio of 1.09 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 1-year low of $691.88 and a 1-year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data 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 15.53% and a return on equity of 18.59%. The firm had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. During the same period last year, the firm earned $10.91 EPS. The company’s revenue was up 39.4% on a year-over-year basis. Equities analysts forecast that The Goldman Sachs Group, Inc. will post 67.58 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, September 1st. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 30.87%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GS shares. Wells Fargo & Company boosted their price objective on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. CICC Research raised their target price on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Daiwa Securities Group lifted their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Finally, BNP Paribas Exane reduced their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $1,061.43.

The Goldman Sachs Group News Roundup

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.

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.