Vontobel Holding Ltd. boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 25.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,367 shares of the investment management company’s stock after purchasing an additional 10,966 shares during the period. Vontobel Holding Ltd.’s holdings in The Goldman Sachs Group were worth $46,910,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Dagco Inc. bought a new position in The Goldman Sachs Group in the fourth quarter valued at $25,000. Manning & Napier Advisors LLC grew its position in shares of The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $31,000. Entrust Financial LLC bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $34,000. Finally, Joseph Group Capital Management bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $37,000. Institutional investors own 71.21% of the company’s stock.
Insider Buying and Selling at The Goldman Sachs Group
In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the sale, 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alex S. Golten sold 1,116 shares of The Goldman Sachs Group stock in a transaction dated Thursday, April 23rd. The stock was 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 owned 2,578 shares of the company’s stock, valued at $2,413,472.04. This trade represents a 30.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 33,681 shares of company stock worth $31,737,875 over the last quarter. Company insiders own 0.55% of the company’s stock.
The Goldman Sachs Group Stock 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 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 last year, the company posted $14.12 EPS. The Goldman Sachs Group’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 59.08 EPS for the current year.
The Goldman Sachs Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date is Monday, June 1st. This represents a $18.00 annualized dividend and a yield of 1.7%. The Goldman Sachs Group’s payout ratio is 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 is benefiting from high-profile underwriting and advisory work, including the SpaceX IPO and Prometheus’ massive funding round, both of which highlight stronger capital-markets activity and potential fee growth. SpaceX IPO Crowds Pre-Market Sentiment
- Positive Sentiment: Goldman Sachs’ optimistic 2026 market outlook and views that AI infrastructure spending could stay elevated support the investment-banking and markets narrative for GS. Goldman Sachs doubles down on stock market outlook for 2026
- Neutral Sentiment: JPMorgan raised its price target on Goldman Sachs but kept a neutral rating, suggesting valuation remains rich even after the stock’s strong run. JPMorgan adjusts price target on Goldman Sachs to 900 from 826
- Neutral Sentiment: Separate commentary that Goldman Sachs sees the market as trending higher and favors sectors tied to AI and growth is constructive, but it is more of a broad-market read than a direct company-specific catalyst. Goldman Sachs doubles down on stock market outlook for 2026
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on GS. BNP Paribas Exane decreased their price objective on shares of 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. CICC Research lifted their price objective on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. HSBC lifted their price objective on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. BMO Capital Markets lifted their price objective on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a research report on Monday, April 20th. Finally, Morgan Stanley set a $900.00 price objective on shares of The Goldman Sachs Group in a research report on Friday. Nine equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $941.82.
Read Our Latest Stock Analysis on GS
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.
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