The Goldman Sachs Group, Inc. $GS Shares Sold by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 33.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,364 shares of the investment management company’s stock after selling 7,130 shares during the quarter. The Goldman Sachs Group makes up 1.3% of Steel Grove Capital Advisors LLC’s portfolio, making the stock its 11th biggest holding. Steel Grove Capital Advisors LLC’s holdings in The Goldman Sachs Group were worth $12,626,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Dagco Inc. purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $25,000. Manning & Napier Advisors LLC grew its stake in shares of The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $31,000. Entrust Financial LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $34,000. Finally, Graney & King LLC grew its stake in shares of The Goldman Sachs Group by 51.5% during the 2nd quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock valued at $35,000 after buying an additional 17 shares during the period. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Down 0.3%

Shares of The Goldman Sachs Group stock opened at $994.05 on Wednesday. The company has a fifty day moving average price of $900.95 and a 200 day moving average price of $888.16. 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 Goldman Sachs Group, Inc. has a twelve month low of $592.17 and a twelve month high of $1,016.54. 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 (NYSE:GS) last announced its quarterly earnings results 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 firm had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same period in the prior year, the company earned $14.12 EPS. The firm’s revenue was up 14.4% on a year-over-year basis. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 59.53 earnings per share 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 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 of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

Trending Headlines about 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

Analyst Upgrades and Downgrades

GS has been the subject of several research reports. UBS Group boosted their price objective on shares of The Goldman Sachs Group from $930.00 to $940.00 in a research note on Wednesday, May 6th. BNP Paribas Exane lowered 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 note on Friday, April 24th. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Dbs Bank boosted their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus target price of $943.95.

Insider Buying and Selling at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction on 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 completion of the sale, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This represents a 61.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the insider directly owned 2,578 shares of the company’s stock, valued at approximately $2,413,472.04. The trade was a 30.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,681 shares of company stock valued at $31,737,875 in the last quarter. Company insiders own 0.55% of the company’s stock.

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.