The Goldman Sachs Group, Inc. $GS Shares Sold by Simmons Bank

Simmons Bank lessened its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 3.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 17,714 shares of the investment management company’s stock after selling 556 shares during the period. The Goldman Sachs Group makes up 1.0% of Simmons Bank’s investment portfolio, making the stock its 24th largest holding. Simmons Bank’s holdings in The Goldman Sachs Group were worth $14,986,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GS. Acropolis Investment Management LLC lifted its position in The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after purchasing an additional 11 shares during the period. Walkner Condon Financial Advisors LLC increased its position in The Goldman Sachs Group by 2.0% during the 4th 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 stake in shares of 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 buying an additional 11 shares in the last quarter. Pines Wealth Management LLC raised its stake in shares of 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 buying an additional 11 shares in the last quarter. Finally, Welch & Forbes LLC lifted its holdings in shares of The Goldman Sachs Group by 0.8% in the 4th quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock valued at $1,257,000 after buying an additional 11 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Wall Street Analyst Weigh In

GS has been the topic of a number of recent analyst reports. BMO Capital Markets upped their price objective on The Goldman Sachs Group from $972.00 to $1,070.00 and gave the stock a “market perform” rating in a report on Monday. Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Weiss Ratings cut shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Dbs Bank increased their price target on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Finally, Evercore reduced their price objective on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Nine investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $974.18.

Insider Transactions at The Goldman Sachs Group

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the firm’s 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 directly owned 15,657 shares in the company, valued at $14,703,018.99. This trade represents a 47.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of the 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 sale, the chief accounting officer owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This represents a 61.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 33,681 shares of company stock valued at $31,737,875. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $1,022.03 on Tuesday. 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 company’s 50-day moving average price is $998.83 and its 200 day moving average price is $929.67. The Goldman Sachs Group, Inc. has a 52 week low of $691.30 and a 52 week high of $1,125.00. The stock has a market cap of $301.51 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.33 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same quarter in the previous year, the business posted $14.12 earnings per share. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. As a group, research analysts forecast 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 business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 1st were paid a dividend of $4.50 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio is currently 32.89%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs strategists said AI spending could drive another strong U.S. earnings season, with S&P 500 earnings projected to jump 22%, a bullish macro backdrop that may support investor confidence in Goldman’s market outlook and client activity. Goldman Sees S&P 500 Earnings Jumping 22% on AI Boom
• Positive Sentiment: Goldman maintained a bullish view on gold and said the rally may not be over, which could help keep commodity-related trading and advisory activity elevated. 4 Gold ETFs That Could Regain Momentum As Goldman Sachs Sees $900 Upside For 2026
• Positive Sentiment: Several analysts raised price targets on Goldman Sachs (GS), including Morgan Stanley and BMO Capital Markets, signaling continued Street confidence in the stock’s valuation. Morgan Stanley adjusts price target on Goldman Sachs BMO Capital adjusts PT on Goldman Sachs
• Neutral Sentiment: Goldman also published research on U.S. stock winners tied to AI, software, copper, and Indian bonds, but these calls are more about market themes than a direct fundamental change for GS. Goldman’s overlooked Al basket just ripped 115% Goldman Sachs Predicts 3 Stocks to Benefit Most From $757B AI’s Capex Supercycle
• Neutral Sentiment: Goldman’s view that Iran-related tensions could support metals demand and its recommendation on India’s 30-year bonds add to the firm’s market commentary, but the stock impact is likely indirect. Copper slips as traders eye Iran peace talks and Fed outlook Goldman backs India 30-year bonds as Iran war impact contained

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.