Mutual Advisors LLC lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 8.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,776 shares of the investment management company’s stock after selling 727 shares during the period. Mutual Advisors LLC’s holdings in The Goldman Sachs Group were worth $6,835,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Pegasus Asset Management Inc. increased its holdings in shares of The Goldman Sachs Group by 0.6% in the fourth quarter. Pegasus Asset Management Inc. now owns 13,916 shares of the investment management company’s stock valued at $12,232,000 after purchasing an additional 88 shares during the last quarter. Citizens Business Bank increased its holdings in shares of The Goldman Sachs Group by 4.0% in the fourth quarter. Citizens Business Bank now owns 11,529 shares of the investment management company’s stock valued at $10,134,000 after purchasing an additional 446 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of The Goldman Sachs Group by 25.1% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 20,708 shares of the investment management company’s stock valued at $18,202,000 after purchasing an additional 4,154 shares during the last quarter. Belleair Asset Management LLC acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $201,000. Finally, Citizens Financial Group Inc. RI increased its holdings in shares of The Goldman Sachs Group by 1.2% in the fourth quarter. Citizens Financial Group Inc. RI now owns 46,682 shares of the investment management company’s stock valued at $41,033,000 after purchasing an additional 559 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
Insider Activity
In other news, EVP John F.W. Rogers sold 2,704 shares of The Goldman Sachs Group stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $960.99, for a total value of $2,598,516.96. Following the completion of the sale, the executive vice president directly owned 9,428 shares of the company’s stock, valued at approximately $9,060,213.72. The trade was a 22.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the sale, the insider directly owned 2,578 shares of the company’s stock, valued at $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 32,001 shares of company stock valued at $30,367,306. 0.55% of the stock is currently owned by corporate insiders.
The Goldman Sachs Group Price Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the firm earned $14.12 earnings per share. As a group, research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.
The Goldman Sachs Group Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. The Goldman Sachs Group’s payout ratio is presently 32.89%.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Shareholders backed Goldman’s board and rejected proposed governance changes, removing near-term proxy uncertainty and supporting management continuity. Goldman Sachs Shareholders Back Board, Reject Governance Changes
- Positive Sentiment: Goldman is a lead bookrunner on Hemab Therapeutics’ IPO ($~301.5M), a visible ECM win that should produce fees and signal continued dealflow for Goldman’s equities and ECM franchise. Hemab Therapeutics Announces Pricing of Initial Public Offering at $18.00 Per Share
- Positive Sentiment: Goldman has been tapped to lead a potential IPO for Italy’s Dolomiti Energia and ranked #1 by value on oil & gas M&A in Q1 — both items point to continued IB fee opportunities. Italy’s Dolomiti Energia picks Intesa, Goldman Sachs to lead potential IPO Goldman Sachs tops oil and gas M&A rankings by value in Q1 2026
- Neutral Sentiment: Goldman research added UnitedHealth (UNH) to its Conviction List — bolsters the firm’s research credibility and may support institutional relationships, but is indirect for GS’s own stock. Goldman Sachs Adds UnitedHealth to Its Conviction List: Is the Managed Care Comeback Real?
- Neutral Sentiment: Goldman raised its oil price outlook and its analysts are reiterating thematic calls (favoring tech giants for AI exposure). These research moves highlight Goldman’s market influence but have a more indirect impact on GS revenue. Goldman Sachs Just Raised Its Oil Price Forecast. Here’s What Energy Investors Should Do Now. Why Goldman Sachs Prefers Tech Giants Over Semiconductor Stocks for AI Exposure
- Neutral Sentiment: Goldman analysts flagged unusually thin S&P 500 breadth (dot?com era levels), a market?risk signal that influences client flows and positioning but is a macro research call rather than firm-specific news. S&P 500 Hasn’t Looked This Unbalanced Since The Dot-Com Bubble, Goldman Warns
- Negative Sentiment: Jane Street reported massive trading revenues and sharply higher compensation — a sign of fierce competition and elevated market?making payouts that could pressure Goldman’s trading margins and require higher pay to retain talent. Jane Street Pays $9.38 Billion As Trading Revenue Hits $39.6 Billion
- Negative Sentiment: Breakingviews commentary warns Goldman is dialing up private?credit exposure, highlighting a higher risk/return tradeoff in a market that could widen losses if conditions deteriorate. That strategy can boost fee income but raises balance?sheet and credit risk. Goldman Sachs dials up private credit risk-reward
Analysts Set New Price Targets
Several research firms recently commented on GS. BMO Capital Markets increased 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. Autonomous Res cut their price target on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Keefe, Bruyette & Woods increased their price target on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a report on Friday, January 16th. Royal Bank Of Canada reaffirmed a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Finally, HSBC cut their price target on The Goldman Sachs Group from $802.00 to $729.00 in a report on Wednesday, April 1st. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Hold” and an average target price of $922.71.
View Our Latest Research Report on The Goldman Sachs Group
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.
Further Reading
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