King Luther Capital Management Corp Buys 21,071 Shares of The Goldman Sachs Group, Inc. $GS

King Luther Capital Management Corp grew its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 20.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 125,777 shares of the investment management company’s stock after buying an additional 21,071 shares during the period. King Luther Capital Management Corp’s holdings in The Goldman Sachs Group were worth $110,558,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GS. Wellington Management Group LLP increased its position in shares of The Goldman Sachs Group by 110.8% during the third quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after buying an additional 936,015 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of The Goldman Sachs Group by 428.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock valued at $488,947,000 after buying an additional 450,984 shares during the period. Vanguard Group Inc. increased its position in shares of The Goldman Sachs Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after buying an additional 418,820 shares during the period. Jennison Associates LLC increased its position in shares of The Goldman Sachs Group by 40.8% during the fourth quarter. Jennison Associates LLC now owns 1,353,007 shares of the investment management company’s stock valued at $1,189,293,000 after buying an additional 392,319 shares during the period. Finally, Danske Bank A S bought a new stake in shares of The Goldman Sachs Group during the third quarter valued at about $178,941,000. 71.21% of the stock is currently owned by institutional investors.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs’ latest market commentary suggests AI-related capital spending is still accelerating, with the firm raising its 2026 business investment outlook and saying AI spending could reach $800 billion this year. That supports the view that Goldman is well positioned to benefit from active equity, financing, and advisory markets. Article Title
• Positive Sentiment: Goldman CEO David Solomon pushed back on fears of an AI “job apocalypse,” arguing AI will reshape work rather than eliminate it. That message may help calm investors worried about broader economic disruption from AI and reinforces Goldman’s bullish tone on the theme. Article Title
• Positive Sentiment: Goldman’s trading and prime brokerage data shows hedge funds and mutual funds are rotating into tech, especially semiconductors, which typically signals stronger trading activity and can support revenue for major banks like GS. Article Title
• Neutral Sentiment: Multiple healthcare companies announced they will present at Goldman Sachs’ 47th Annual Global Healthcare Conference. These are routine investor-conference announcements, but they underscore Goldman’s ongoing role as a key capital-markets and conference organizer. Article Title
• Neutral Sentiment: KBRA assigned preliminary ratings to a Goldman Sachs mortgage-backed securities trust, highlighting continued securitization activity in GS’s mortgage business. This is supportive of franchise breadth, though the direct stock impact is likely limited. Article Title
• Negative Sentiment: Goldman Sachs agreed to a $500 million settlement in the long-running 1MDB shareholder case. While the settlement clarifies legal exposure, it is a reminder of lingering litigation costs and reputational overhangs that can pressure sentiment. Article Title

The Goldman Sachs Group Stock Down 0.3%

GS stock opened at $994.05 on Wednesday. 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 is $900.95 and its 200 day moving average is $888.16. The stock has a market cap of $293.25 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.28 and a beta of 1.28. The Goldman Sachs Group, Inc. has a 1-year low of $592.17 and a 1-year high of $1,016.54.

The Goldman Sachs Group (NYSE:GS) last issued 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 Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business had revenue of $17.23 billion for the quarter, compared to analysts’ expectations of $16.66 billion. During the same period last year, the business earned $14.12 earnings per share. The business’s quarterly revenue was up 14.4% on a year-over-year basis. Sell-side analysts predict 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. Shareholders of record on Monday, June 1st will be given 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 is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the sale, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the sale, the chief accounting officer owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 33,681 shares of company stock worth $31,737,875 in the last quarter. 0.55% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on GS shares. Bank of America decreased their price objective on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. JPMorgan Chase & Co. restated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. UBS Group upped their price objective on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. BMO Capital Markets upped their price objective on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a research report on Monday, April 20th. Finally, Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and an average price target of $943.95.

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.