The Goldman Sachs Group, Inc. $GS Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 5.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,699 shares of the investment management company’s stock after buying an additional 4,811 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in The Goldman Sachs Group were worth $98,810,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Audent Global Asset Management LLC lifted 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 worth $4,604,000 after buying an additional 479 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in The Goldman Sachs Group during the 2nd quarter valued at about $53,720,000. Oak Grove Capital LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at about $1,890,000. Nomura Asset Management Co. Ltd. lifted its stake in The Goldman Sachs Group by 2.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 141,990 shares of the investment management company’s stock worth $124,809,000 after purchasing an additional 3,653 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in shares of The Goldman Sachs Group by 35.0% during the 4th quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company’s stock worth $10,499,000 after purchasing an additional 3,098 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs’ investment-banking fees rose 52% in the first half of 2026, supported by broad-based gains and a record advisory backlog. The backlog could sustain deal activity and revenue momentum, although investors may be watching whether the improvement continues. Goldman’s IB Fees Jump 52% in 1H26: Will the Uptrend Continue?
• Positive Sentiment: GS joined a 21-firm consortium planning a regulated U.S.-dollar stablecoin in the first half of 2027, with potential expansion into euro and other G7 currencies. The initiative could create new payments, custody and trading opportunities for traditional banks, though execution and regulatory approval remain outstanding. Bank Of America, Goldman Sachs, Citi Join Push to Launch Global Stablecoin
• Positive Sentiment: Zacks added Goldman Sachs to its Strong Buy lists, including its income-stock list, reinforcing favorable near-term analyst sentiment. New Strong Buy Stocks for September 1st
• Neutral Sentiment: Goldman Sachs expects gold to reach $4,900 per ounce by year-end and has issued warnings on diesel and oil markets. These forecasts may benefit its research, commodities and trading franchises, but they are not direct earnings catalysts for GS. Gold Is Up Nearly 30% in the Last Year, But Goldman Sachs Sees More Room to Run
• Negative Sentiment: Goldman Sachs and other major banks are asking elite law firms to reduce hourly fees as artificial intelligence lowers the time required for research and routine legal work. Lower expenses could help clients, but pressure on professional-services pricing highlights ongoing cost scrutiny and possible disruption from AI. Wall Street banks ask elite law firms to cut hourly billings
• Negative Sentiment: The latest session-specific coverage indicated GS underperformed the broader market, suggesting investors were taking profits or favoring caution despite the company’s favorable operating and analyst updates. Why Goldman Sachs Dipped More Than the Broader Market

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on GS shares. Barclays increased their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Keefe, Bruyette & Woods upped their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. raised their price objective on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Moderate Buy” and a consensus target price of $1,062.86.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $999.47 on Wednesday. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market cap of $291.02 billion, a P/E ratio of 15.43, a P/E/G ratio of 1.04 and a beta of 1.29. The firm’s 50 day moving average price is $1,045.40 and its 200-day moving average price is $969.67. The Goldman Sachs Group, Inc. has a one year low of $721.16 and a one year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same quarter in the previous year, the company earned $10.91 earnings per share. The firm’s quarterly revenue was up 39.4% compared to the same quarter last year. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm 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 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 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.

The Goldman Sachs Group Company 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.