CI Investments Inc. Trims Stake in The Goldman Sachs Group, Inc. $GS

CI Investments Inc. reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 40.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 100,128 shares of the investment management company’s stock after selling 67,043 shares during the period. CI Investments Inc.’s holdings in The Goldman Sachs Group were worth $84,707,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Acropolis Investment Management LLC boosted its position in The Goldman Sachs Group by 1.8% during the 4th 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 position in shares of The Goldman Sachs Group by 2.0% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock worth $505,000 after acquiring an additional 11 shares in the last quarter. Optas LLC lifted its stake in shares of The Goldman Sachs Group by 0.4% in the 4th quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after purchasing an additional 11 shares during the period. Pines Wealth Management LLC lifted its stake in shares of The Goldman Sachs Group by 0.4% in the 4th quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock valued at $2,255,000 after purchasing an additional 11 shares during the period. Finally, Welch & Forbes LLC boosted its position in shares of The Goldman Sachs Group by 0.8% during the fourth quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock valued at $1,257,000 after purchasing an additional 11 shares in the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs’ Q2 2026 earnings call highlighted record revenue and earnings, with results boosted by a surge in M&A activity and continued AI infrastructure investment, reinforcing the bank’s operating momentum.
• Positive Sentiment: The company created a new private markets platform for wealthy clients and family offices, which could expand fee-generating alternatives revenue and deepen its relationship with high-net-worth investors.
• Positive Sentiment: Broad strength in financial stocks also helped sentiment, as the sector advanced in late trading and supported Goldman Sachs alongside peers.
• Neutral Sentiment: Goldman Sachs’ latest market commentary on oil, gas, and gold drew attention to the firm’s research franchise, but these macro calls are more likely to influence trading and client activity than directly move GS earnings.
• Neutral Sentiment: Multiple articles noted that the stock is trading near fair value after a large run-up, suggesting investors may be weighing strong fundamentals against valuation concerns.
• Neutral Sentiment: Goldman also announced a proposed preferred stock offering, which is a capital-markets activity that may be viewed as routine funding management rather than a clear positive or negative catalyst.

Insiders Place Their Bets

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated 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 completion of the sale, the insider directly owned 15,657 shares in the company, valued at approximately $14,703,018.99. This trade represents a 47.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $929.17, for a total value of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 32,566 shares of company stock valued at $30,712,978. Company insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on GS. JPMorgan Chase & Co. increased their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Bank of America boosted their target price on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Rothschild & Co Redburn raised their price target on The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Barclays lifted their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Finally, Daiwa Securities Group upped their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus target price of $1,061.43.

The Goldman Sachs Group Price Performance

Shares of GS opened at $1,084.66 on Wednesday. The Goldman Sachs Group, Inc. has a twelve month low of $691.88 and a twelve month high of $1,153.99. The company has a market capitalization of $319.98 billion, a P/E ratio of 16.74, a price-to-earnings-growth ratio of 1.09 and a beta of 1.30. The firm has a 50 day moving average of $1,040.13 and a 200 day moving average of $948.47. The company has a quick ratio of 0.63, a current ratio of 1.11 and a debt-to-equity ratio of 2.83.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The business had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same period in the prior year, the firm posted $10.91 EPS. The firm’s quarterly revenue was up 39.4% on a year-over-year basis. As a group, equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 67.58 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio is currently 30.87%.

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.