Westerkirk Capital Inc. Sells 554 Shares of The Goldman Sachs Group, Inc. $GS

Westerkirk Capital Inc. lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 53.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 476 shares of the investment management company’s stock after selling 554 shares during the period. Westerkirk Capital Inc.’s holdings in The Goldman Sachs Group were worth $418,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in GS. Norges Bank bought a new position in The Goldman Sachs Group during the 4th quarter worth $2,515,830,000. Wellington Management Group LLP increased its stake in The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock worth $1,417,997,000 after acquiring an additional 936,015 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in The Goldman Sachs Group by 428.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock worth $488,947,000 after acquiring an additional 450,984 shares during the period. Vanguard Group Inc. increased its stake in The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after acquiring an additional 418,820 shares during the period. Finally, Jennison Associates LLC increased its stake in The Goldman Sachs Group by 40.8% during the 4th quarter. Jennison Associates LLC now owns 1,353,007 shares of the investment management company’s stock worth $1,189,293,000 after acquiring an additional 392,319 shares during the period. Institutional investors own 71.21% of the company’s stock.

Insiders Place Their Bets

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s stock in a transaction that occurred on 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 owned 15,657 shares in the company, valued at $14,703,018.99. The trade was a 47.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction that occurred 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. The trade was a 18.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,681 shares of company stock worth $31,737,875 over the last 90 days. 0.55% of the stock is currently owned by corporate insiders.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs is in the running for lead underwriting roles on major AI IPOs, including OpenAI and Anthropic, which could boost future investment-banking fees if those deals proceed. A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
• Positive Sentiment: Goldman’s analysts remain active in high-profile research coverage and market calls, helping keep the firm visible and influential across sectors. Goldman Sachs Issues Blunt Warning on AI-Driven Market Conditions
• Neutral Sentiment: Goldman now expects no Fed rate cuts in 2026, which signals a more restrictive macro backdrop but is also consistent with a stronger economy. Goldman Sachs Changes Fed Rate Calls, Now Sees No Cuts in 2026
• Neutral Sentiment: Federal Reserve stress-test results are due June 24 for large banks including Goldman Sachs, creating an upcoming event that could move bank stocks but is not yet known. Federal Reserve to Release 2026 Bank Stress Test Results on June 24 for 32 Major Lenders
• Negative Sentiment: GS shares were already weaker in the prior session, and broader financial stocks have also been softer, suggesting some sector pressure rather than a Goldman-specific problem. Why Goldman Sachs (GS) Dipped More Than Broader Market Today

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GS. BMO Capital Markets lifted their price target on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a research note on Monday, April 20th. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Daiwa Securities Group lifted their price target on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Citigroup lifted their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $943.95.

The Goldman Sachs Group Trading Down 1.3%

NYSE GS opened at $1,031.13 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89. The Goldman Sachs Group, Inc. has a twelve month low of $609.31 and a twelve month high of $1,098.36. The company has a market cap of $304.19 billion, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 1.35 and a beta of 1.30. The business’s fifty day moving average is $945.60 and its 200 day moving average is $905.35.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $16.66 billion. During the same period in the previous year, the business earned $14.12 EPS. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. As a group, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders 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 1.7%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s payout ratio is currently 32.89%.

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.