The Goldman Sachs Group, Inc. $GS Shares Sold by SVB Wealth LLC

SVB Wealth LLC cut its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 20.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,588 shares of the investment management company’s stock after selling 1,156 shares during the quarter. SVB Wealth LLC’s holdings in The Goldman Sachs Group were worth $3,881,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in GS. Audent Global Asset Management LLC increased its stake in shares of The Goldman Sachs Group by 10.1% in the fourth quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company’s stock valued at $4,604,000 after purchasing an additional 479 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of The Goldman Sachs Group by 3.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 215,482 shares of the investment management company’s stock worth $189,409,000 after buying an additional 8,154 shares during the period. Rathbones Group PLC boosted its position in shares of The Goldman Sachs Group by 12.6% during the third quarter. Rathbones Group PLC now owns 276,364 shares of the investment management company’s stock worth $220,082,000 after buying an additional 30,825 shares during the period. Global Retirement Partners LLC grew its holdings in The Goldman Sachs Group by 35.0% in the 4th quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company’s stock worth $10,499,000 after buying an additional 3,098 shares in the last quarter. Finally, Oak Grove Capital LLC bought a new position in The Goldman Sachs Group in the 4th quarter worth approximately $1,890,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on GS. UBS Group lifted their target price on The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. Weiss Ratings cut The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. BMO Capital Markets raised their price target on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a report on Monday, April 20th. Daiwa Securities Group lifted their price objective on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group decreased their target price on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $941.82.

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were 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 $14,703,018.99. The trade was a 47.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the sale, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 33,681 shares of company stock valued at $31,737,875 over the last 90 days. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs lowered its U.S. recession odds, signaling a healthier economic backdrop that could support trading, underwriting, and investment banking activity. Goldman cuts U.S. recession risk to 15% after Iran deal
• Positive Sentiment: JPMorgan raised its price target on Goldman Sachs and expects a strong trading-driven quarter, which reinforces optimism around near-term earnings power. JPMorgan Lifts Goldman Sachs (GS) Target, Expects Strong Trading-Driven Quarter
• Neutral Sentiment: KBRA assigned preliminary ratings to a Goldman Sachs-sponsored mortgage-backed securities deal, a routine capital-markets update that is unlikely to materially move the stock on its own. KBRA Assigns Preliminary Ratings to GS Mortgage-Backed Securities Trust 2026-DSC2
• Neutral Sentiment: Goldman data showing hedge fund leverage near multi-year highs points to elevated market risk, but the article is more about broader market positioning than Goldman’s core fundamentals. $165 Billion Stock Selloff Looms as Goldman Flags Rising Leverage

The Goldman Sachs Group Stock Up 0.8%

Shares of GS stock opened at $1,105.13 on Tuesday. The Goldman Sachs Group, Inc. has a 1 year low of $630.01 and a 1 year high of $1,125.00. The stock has a market cap of $326.03 billion, a PE ratio of 20.20, a price-to-earnings-growth ratio of 1.43 and a beta of 1.30. The business’s fifty day moving average is $983.33 and its 200-day moving average is $922.55. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The company had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same quarter in the previous year, the business earned $14.12 EPS. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. Equities analysts expect that The Goldman Sachs Group, Inc. will post 59.6 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be given a $4.50 dividend. The ex-dividend date is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 1.6%. The Goldman Sachs Group’s payout ratio is 32.89%.

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.