The Goldman Sachs Group, Inc. $GS Shares Sold by State of Wisconsin Investment Board

State of Wisconsin Investment Board cut its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,528 shares of the investment management company’s stock after selling 4,539 shares during the period. State of Wisconsin Investment Board’s holdings in The Goldman Sachs Group were worth $139,346,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Acropolis Investment Management LLC raised its holdings in The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock valued at $554,000 after acquiring an additional 11 shares in the last quarter. Walkner Condon Financial Advisors LLC raised its holdings in The Goldman Sachs Group by 2.0% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock valued at $505,000 after acquiring an additional 11 shares in the last quarter. Optas LLC raised its holdings in The Goldman Sachs Group by 0.4% in the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after acquiring an additional 11 shares in the last quarter. Pines Wealth Management LLC raised its holdings in The Goldman Sachs Group by 0.4% in the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after acquiring an additional 11 shares in the last quarter. Finally, Welch & Forbes LLC raised its holdings in The Goldman Sachs Group by 0.8% in the fourth quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock valued at $1,257,000 after acquiring an additional 11 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs said it has surpassed $1 trillion in announced M&A advisory volume in the first half of 2026, the fastest pace ever recorded for an investment bank. That signals strong demand for its advisory services and likely supports higher fee revenue. Article Title
• Positive Sentiment: Goldman is also leading the SpaceX IPO, a high-profile mandate that reinforces optimism around a broader reopening in equity capital markets and could drive more underwriting fees if new listings continue to return. Article Title
• Positive Sentiment: Investment banking fees reportedly surged 48%, and market commentary says Goldman’s dealmaking momentum has helped the stock outperform this year, strengthening the case for more upside if capital markets activity stays hot. Article Title
• Neutral Sentiment: Goldman’s economists and strategists were quoted in broader market pieces on oil, rates, and the “postmodern” financial era, but these items appear more market-commentary oriented than directly tied to near-term GS earnings. Article Title

Wall Street Analyst Weigh In

GS has been the topic of a number of research reports. CICC Research increased their target price on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Weiss Ratings cut shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Citigroup increased their target price on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Daiwa Securities Group increased their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Nine investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Hold” and a consensus price target of $941.82.

The Goldman Sachs Group Stock Up 1.3%

GS stock opened at $1,090.03 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 fifty-two week low of $623.00 and a fifty-two week high of $1,098.36. The firm’s 50-day simple moving average is $966.09 and its 200 day simple moving average is $914.56. The stock has a market cap of $321.57 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 1.40 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share 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 business had revenue of $17.23 billion for the quarter, compared to analysts’ expectations of $16.66 billion. During the same quarter last year, the company earned $14.12 EPS. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 59.08 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

Insider Activity

In related news, insider Alex S. Golten sold 1,116 shares of the stock in a transaction dated 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the transaction, the insider owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This represents a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 33,681 shares of company stock worth $31,737,875 in the last 90 days. 0.55% of the stock is currently owned by insiders.

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.