Bull Harbor Capital LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 656 shares of the investment management company’s stock, valued at approximately $555,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Walkner Condon Financial Advisors LLC raised its position in shares of The Goldman Sachs Group by 2.0% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock worth $505,000 after purchasing an additional 11 shares during the period. Optas LLC increased its stake in The Goldman Sachs Group by 0.4% during the 4th quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock worth $2,244,000 after purchasing an additional 11 shares in the last quarter. Pines Wealth Management LLC increased its stake in The Goldman Sachs Group by 0.4% during the 4th quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock worth $2,255,000 after purchasing an additional 11 shares in the last quarter. Welch & Forbes LLC raised its holdings in The Goldman Sachs Group by 0.8% during the 4th quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock worth $1,257,000 after buying an additional 11 shares during the period. Finally, First Financial Group Corp raised its holdings in The Goldman Sachs Group by 4.7% during the 1st quarter. First Financial Group Corp now owns 246 shares of the investment management company’s stock worth $208,000 after buying an additional 11 shares during the period. Institutional investors own 71.21% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Dbs Bank raised their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. 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. Rothschild & Co Redburn increased their target price on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Finally, Bank of America lifted their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $1,061.43.
The Goldman Sachs Group Stock Up 4.4%
The Goldman Sachs Group stock opened at $1,024.35 on Friday. The company has a market cap of $302.19 billion, a P/E ratio of 15.81, a price-to-earnings-growth ratio of 0.99 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 1-year low of $694.05 and a 1-year high of $1,153.99. The company has a fifty day simple moving average of $1,052.17 and a 200 day simple moving average of $954.18. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 2.83.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 EPS 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 the consensus estimate of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The company’s quarterly revenue was up 39.4% on a year-over-year basis. During the same period in the prior year, the business posted $10.91 EPS. Research analysts anticipate 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 business 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 is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is 30.87%.
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs Asset Management launched AlphaAI, a new artificial-intelligence investment platform led by Lou D’Ambrosio, chairman of Artificial Intelligence. The initiative gives GS a direct opportunity to monetize demand for AI-focused investing and could support long-term growth in assets under management and fee revenue. Goldman Sachs Asset Management launches AI investment platform
- Positive Sentiment: GS ranked first among North American M&A advisers by transaction value in the first half of 2026, advising on approximately $437.7 billion of deals. Continued deal activity supports advisory revenue and signals a favorable environment for the firm’s investment-banking business. Goldman Sachs tops North America M&A advisers
- Positive Sentiment: Strong second-quarter results across major U.S. banks, driven by trading, lending and investment banking, reinforce expectations for a supportive operating backdrop for GS. The company’s latest reported quarter also featured substantial earnings and revenue beats, providing fundamental support for the stock.
- Positive Sentiment: GS and T. Rowe Price launched a private-markets interval fund for retail investors. Broadening access to private-market investments could help Goldman Sachs expand distribution and recurring asset-management fees. Goldman Sachs launches retail private markets fund
- Neutral Sentiment: A sharp unwinding of leveraged AI trades and losses at a hedge fund highlights elevated market and liquidity risk. The volatility could weigh on trading sentiment, although periods of dislocation may also create opportunities for GS’s trading business. Situational Awareness sells public equities book
- Negative Sentiment: A U.K. tribunal ordered Goldman Sachs to pay nearly £1.5 million, or about $2 million, to a former compliance manager in a discrimination case. The financial cost is modest relative to GS’s size, but the ruling adds reputational and legal risk. Goldman Sachs ordered to pay former compliance manager
Insider Buying and Selling
In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the company’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 value of $13,421,188.44. Following the sale, the insider owned 15,657 shares in the company, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.55% of the stock is owned by company insiders.
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.
Recommended Stories
- Five stocks we like better than The Goldman Sachs Group
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS – Free Report).
Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.
