Great Lakes Advisors LLC Sells 2,633 Shares of The Goldman Sachs Group, Inc. $GS

Great Lakes Advisors LLC lowered its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 1.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 166,691 shares of the investment management company’s stock after selling 2,633 shares during the quarter. The Goldman Sachs Group accounts for about 1.2% of Great Lakes Advisors LLC’s investment portfolio, making the stock its 21st largest holding. Great Lakes Advisors LLC’s holdings in The Goldman Sachs Group were worth $146,526,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GS. Stevens Capital Management LP bought a new position in shares of The Goldman Sachs Group during the third quarter valued at approximately $1,392,000. Robeco Institutional Asset Management B.V. raised its holdings in shares of The Goldman Sachs Group by 3.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 215,482 shares of the investment management company’s stock valued at $189,409,000 after acquiring an additional 8,154 shares in the last quarter. M&G PLC bought a new position in shares of The Goldman Sachs Group during the third quarter valued at approximately $1,939,000. Rathbones Group PLC raised its holdings in shares of The Goldman Sachs Group by 12.6% during the third quarter. Rathbones Group PLC now owns 276,364 shares of the investment management company’s stock valued at $220,082,000 after acquiring an additional 30,825 shares in the last quarter. Finally, Kingsman Wealth Management Inc. raised its holdings in shares of The Goldman Sachs Group by 34.8% during the fourth quarter. Kingsman Wealth Management Inc. now owns 7,484 shares of the investment management company’s stock valued at $6,578,000 after acquiring an additional 1,933 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

Insider Buying and Selling at The Goldman Sachs Group

In other news, insider Alex S. Golten sold 1,116 shares of the firm’s stock in a transaction on 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 transaction, the insider directly owned 2,578 shares in the company, valued at $2,413,472.04. This trade represents a 30.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,681 shares of company stock valued at $31,737,875 over the last ninety days. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

GS opened at $1,036.12 on Friday. The stock has a fifty day simple moving average of $953.27 and a two-hundred day simple moving average of $908.78. The Goldman Sachs Group, Inc. has a 12-month low of $609.59 and a 12-month high of $1,098.36. The company has a market cap of $305.67 billion, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 1.30 and a beta of 1.30. 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 (NYSE:GS) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $16.66 billion. During the same period last year, the business earned $14.12 earnings per share. The business’s revenue was up 14.4% on a year-over-year basis. Research analysts predict that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.89%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs is benefiting from renewed optimism around AI infrastructure spending; the firm said 2027 hyperscaler capex estimates are too low, reinforcing the idea that banks involved in AI-related financing and advisory work could see more fee opportunities. Goldman says consensus 2027 hyperscaler capex estimates are too conservative
• Positive Sentiment: Goldman Sachs also has exposure to high-profile AI and private-market fundraising, including backing Prometheus alongside JPMorgan, BlackRock, and Bezos, which may support investor enthusiasm for its broader investment-banking pipeline. Bezos-Led Prometheus Raises $12 Billion At $41 Billion Valuation
• Positive Sentiment: Goldman is being highlighted as a likely winner from a coming wave of AI IPOs and capital markets activity, with articles pointing to underwriting, trading, and advisory fees tied to deals such as OpenAI and Anthropic. Barron’s article on banks bringing AI companies public
• Neutral Sentiment: Goldman remained a heavily watched stock on Zacks, and several articles were largely market commentary rather than fresh fundamentals, so they are unlikely to be the main driver on their own. Here is What to Know Beyond Why The Goldman Sachs Group, Inc. (GS) is a Trending Stock
• Negative Sentiment: Some headlines may weigh on sentiment, including scrutiny from U.S. lawmakers over Goldman’s handling of adviser Kathy Ruemmler, which adds reputational risk even if it does not directly affect earnings. US lawmakers raise concern over Goldman’s move to keep top lawyer as adviser despite Epstein ties
• Negative Sentiment: There was also bearish chatter around insider selling and valuation concerns, which could temper gains if investors focus on the stock’s already rich run-up. Possible Bearish Signals With Goldman Sachs Group Insiders Disposing Stock

Analyst Ratings Changes

A number of brokerages recently commented on GS. Evercore decreased their target price on The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Bank of America decreased their target price on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Jefferies Financial Group decreased their target price on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. Daiwa Securities Group upped their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Finally, HSBC upped their target price on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.