Levin Capital Strategies L.P. Buys 7,301 Shares of The Goldman Sachs Group, Inc. $GS

Levin Capital Strategies L.P. raised its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 912.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,101 shares of the investment management company’s stock after buying an additional 7,301 shares during the period. Levin Capital Strategies L.P.’s holdings in The Goldman Sachs Group were worth $6,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Garton & Associates Financial Advisors LLC bought a new stake in shares of The Goldman Sachs Group during the fourth quarter valued at approximately $26,000. Manning & Napier Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 23 shares during the period. Steph & Co. bought a new position in The Goldman Sachs Group in the first quarter worth approximately $27,000. Lifetime Wealth Management P.C. bought a new position in The Goldman Sachs Group in the fourth quarter worth approximately $29,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in The Goldman Sachs Group during the 4th quarter worth $31,000. 71.21% of the stock is currently owned by institutional investors.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction dated Friday, May 1st. The shares were 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 owned 6,338 shares in the company, valued at $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. In the last three months, insiders sold 31,450 shares of company stock valued at $29,668,201. Corporate insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Roundup

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 Stock Performance

Shares of GS stock opened at $1,098.86 on Thursday. The firm has a market cap of $324.17 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 1.10 and a beta of 1.30. The company’s 50 day moving average is $1,043.02 and its 200 day moving average is $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 52-week low of $694.05 and a 52-week high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The company had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The Goldman Sachs Group’s revenue was up 39.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $10.91 earnings per share. On average, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 68.83 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a $5.00 dividend. 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. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is presently 27.78%.

Analysts Set New Price Targets

A number of brokerages have weighed in on GS. UBS Group lifted their target price on The Goldman Sachs Group from $940.00 to $1,120.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Rothschild & Co Redburn increased their price target on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Citigroup lifted their price objective on The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Finally, Jefferies Financial Group set a $1,299.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus target price of $1,061.43.

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.