Ilmarinen Mutual Pension Insurance Co Purchases 1,300 Shares of The Goldman Sachs Group, Inc. $GS

Ilmarinen Mutual Pension Insurance Co grew its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 4.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 33,509 shares of the investment management company’s stock after buying an additional 1,300 shares during the period. Ilmarinen Mutual Pension Insurance Co’s holdings in The Goldman Sachs Group were worth $29,454,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Moors & Cabot Inc. lifted its position in shares of The Goldman Sachs Group by 7.4% during the 4th quarter. Moors & Cabot Inc. now owns 5,531 shares of the investment management company’s stock worth $4,862,000 after buying an additional 381 shares during the period. CFS Investment Advisory Services LLC lifted its position in shares of The Goldman Sachs Group by 4.1% during the 4th quarter. CFS Investment Advisory Services LLC now owns 1,564 shares of the investment management company’s stock worth $1,375,000 after buying an additional 62 shares during the period. Foundations Investment Advisors LLC lifted its position in shares of The Goldman Sachs Group by 10.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 61,538 shares of the investment management company’s stock worth $54,092,000 after buying an additional 5,912 shares during the period. Baker Avenue Asset Management LP lifted its position in shares of The Goldman Sachs Group by 1.2% during the 4th quarter. Baker Avenue Asset Management LP now owns 20,185 shares of the investment management company’s stock worth $17,743,000 after buying an additional 248 shares during the period. Finally, Godfrey Financial Associates Inc. bought a new position in shares of The Goldman Sachs Group during the 4th quarter worth approximately $166,000. Institutional investors own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

GS has been the subject of several analyst reports. HSBC raised their target price on The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. Dbs Bank raised their target price on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. BNP Paribas Exane cut their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. UBS Group raised their target price on The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. Finally, Bank of America cut their target price on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Nine equities research 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, The Goldman Sachs Group has an average rating of “Hold” and a consensus price target of $943.95.

Insiders Place Their Bets

In other news, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the sale, the chief accounting officer owned 6,338 shares in the company, valued at $5,889,079.46. The trade was a 61.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Denis P. Coleman sold 6,857 shares of the business’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 sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 33,681 shares of company stock valued at $31,737,875. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Trading Up 1.2%

GS stock opened at $1,008.15 on Friday. The business has a fifty day moving average price of $908.99 and a 200 day moving average price of $891.19. The Goldman Sachs Group, Inc. has a fifty-two week low of $592.17 and a fifty-two week high of $1,016.53. The stock has a market capitalization of $297.41 billion, a price-to-earnings ratio of 18.42, a P/E/G ratio of 1.28 and a beta of 1.28. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same period last year, the firm posted $14.12 EPS. The business’s revenue was up 14.4% on a year-over-year basis. Analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.89%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs said M&A activity is running near record levels in 2026, which supports higher investment-banking fees and points to stronger revenue ahead. Reuters article
• Positive Sentiment: The firm raised its year-end S&P 500 target to 8,000, citing robust earnings and AI-driven growth, reinforcing a constructive outlook for the broader market environment Goldman benefits from. MarketWatch article
• Positive Sentiment: Goldman’s comments that it is seeing near-record M&A volumes and broader dealmaking momentum are reinforcing hopes for continued strength in advisory and underwriting revenue. TipRanks article
• Positive Sentiment: Reports that Goldman Sachs is now the lead underwriter for SpaceX’s planned IPO add to expectations for a potentially high-profile fee-generating mandate. Seeking Alpha article
• Positive Sentiment: Recent earnings strength and a strong quarter continue to support the stock’s momentum, with Goldman’s shares staying near highs after solid results and improved investor sentiment. Yahoo Finance article
• Neutral Sentiment: Analyst and media coverage highlighting Goldman as a trending or high-valuation stock may keep attention on the name, but does not by itself change the fundamentals. Zacks article
• Negative Sentiment: Goldman’s COO warned that inflation remains the “single biggest risk” to the economy, a reminder that macro uncertainty could still pressure markets and deal activity. Yahoo Finance article

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.