Cardano Risk Management B.V. Reduces Stock Position in The Goldman Sachs Group, Inc. $GS

Cardano Risk Management B.V. lessened its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 111,237 shares of the investment management company’s stock after selling 4,766 shares during the quarter. Cardano Risk Management B.V.’s holdings in The Goldman Sachs Group were worth $112,502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of GS. Turim 21 Investimentos Ltda. purchased a new stake in shares of The Goldman Sachs Group during the first quarter valued at $25,000. Garton & Associates Financial Advisors LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth about $26,000. Manning & Napier Advisors LLC increased its stake in 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 worth $27,000 after buying an additional 23 shares during the period. Steph & Co. purchased a new position in The Goldman Sachs Group in the 1st quarter worth about $27,000. Finally, Lifetime Wealth Management P.C. bought a new stake in The Goldman Sachs Group during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on GS. Oppenheimer cut shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. Barclays raised their target price on shares of 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. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. UBS Group boosted their price target on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Finally, BMO Capital Markets increased their price objective on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,062.86.

The Goldman Sachs Group Stock Up 0.8%

NYSE:GS opened at $1,040.33 on Friday. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.63 and a quick ratio of 0.63. The Goldman Sachs Group, Inc. has a 1-year low of $705.55 and a 1-year high of $1,153.99. The company has a 50-day moving average of $1,056.60 and a 200 day moving average of $957.86. The firm has a market cap of $302.91 billion, a PE ratio of 16.06, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The business had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same quarter in the previous year, the business posted $10.91 EPS. The company’s quarterly revenue was up 39.4% compared to the same quarter last year. As a group, research analysts anticipate that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. 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 yield of 1.9%. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 27.78%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: HSBC upgraded GS to “strong-buy,” improving the stock’s analyst-rating backdrop and potentially attracting additional institutional interest. HSBC upgrades Goldman Sachs
• Positive Sentiment: Goldman Sachs ranked as the leading M&A adviser in South and Central America during the first half of 2026, advising on three transactions valued at a combined $10.4 billion. The activity underscores continued strength in its advisory franchise and could support future fee revenue. Goldman Sachs tops South and Central America M&A rankings
• Positive Sentiment: Goldman Sachs is serving as a joint book-running manager on several recent equity offerings, including Latigo Biotherapeutics’ upsized $345.6 million IPO and Braveheart Bio’s $382.5 million IPO. These mandates generate underwriting fees and highlight healthy demand for new-issue markets. Latigo Biotherapeutics IPO Braveheart Bio IPO
• Neutral Sentiment: Goldman Sachs analysts identified European stocks with substantial potential upside, including Ceres Power. The research may reinforce the firm’s investment-research profile, but its direct impact on GS earnings is limited. Goldman Sachs European stock picks
• Neutral Sentiment: Goldman Sachs BDC reported strong second-quarter investment income and declared dividends. The announcement benefits the Goldman Sachs-branded platform but applies primarily to Goldman Sachs BDC (NYSE: GSBD), not directly to GS. Goldman Sachs BDC second-quarter results
• Negative Sentiment: Criticism of Goldman’s covered-call S&P 500 ETF focuses on fees and the quality of its income generation relative to lower-cost competitors. While the issue concerns an asset-management product rather than GS’s core businesses, it could create pressure on product competitiveness and investor sentiment. Goldman Sachs S&P 500 ETF fee criticism

Insiders Place Their Bets

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group 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.