KCM Investment Advisors LLC Sells 739 Shares of The Goldman Sachs Group, Inc. $GS

KCM Investment Advisors LLC trimmed its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 10.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,316 shares of the investment management company’s stock after selling 739 shares during the period. KCM Investment Advisors LLC’s holdings in The Goldman Sachs Group were worth $5,552,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Acropolis Investment Management LLC raised its position in shares of The Goldman Sachs Group by 1.8% during the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock worth $554,000 after purchasing an additional 11 shares during the period. 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 raised its position in shares of The Goldman Sachs Group by 0.4% during the fourth 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 during the period. Pines Wealth Management LLC raised its position in shares of The Goldman Sachs Group by 0.4% during the fourth 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 during the period. Finally, Welch & Forbes LLC raised its position in shares of The Goldman Sachs Group by 0.8% during the fourth quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock worth $1,257,000 after purchasing an additional 11 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

GS has been the topic of a number of research reports. Royal Bank Of Canada reaffirmed a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Citigroup upped their target price on The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Jefferies Financial Group lowered their price target on 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. Finally, Daiwa Securities Group increased their price target 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. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Hold” and a consensus price target of $941.82.

The Goldman Sachs Group Trading Up 2.6%

NYSE GS opened at $1,062.44 on Friday. The firm has a market capitalization of $313.43 billion, a P/E ratio of 19.42, a PEG ratio of 1.38 and a beta of 1.30. The business has a fifty day simple moving average of $957.30 and a 200 day simple moving average of $909.86. The Goldman Sachs Group, Inc. has a 12 month low of $609.59 and a 12 month high of $1,098.36. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The Goldman Sachs Group’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $14.12 EPS. On average, analysts predict that The Goldman Sachs Group, Inc. will post 59.08 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs is benefiting from high-profile underwriting and advisory work, including the SpaceX IPO and Prometheus’ massive funding round, both of which highlight stronger capital-markets activity and potential fee growth. SpaceX IPO Crowds Pre-Market Sentiment
• Positive Sentiment: Goldman Sachs’ optimistic 2026 market outlook and views that AI infrastructure spending could stay elevated support the investment-banking and markets narrative for GS. Goldman Sachs doubles down on stock market outlook for 2026
• Neutral Sentiment: JPMorgan raised its price target on Goldman Sachs but kept a neutral rating, suggesting valuation remains rich even after the stock’s strong run. JPMorgan adjusts price target on Goldman Sachs to 900 from 826
• Neutral Sentiment: Separate commentary that Goldman Sachs sees the market as trending higher and favors sectors tied to AI and growth is constructive, but it is more of a broad-market read than a direct company-specific catalyst. Goldman Sachs doubles down on stock market outlook for 2026

Insiders Place Their Bets

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the transaction, the chief financial officer owned 31,070 shares in the company, valued at $30,248,198.50. This represents a 18.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $5,889,079.46. This trade represents a 61.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 33,681 shares of company stock worth $31,737,875 over the last 90 days. Company insiders own 0.55% of the company’s stock.

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.