The Goldman Sachs Group, Inc. $GS Shares Sold by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. decreased its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 13.7% in the 4th quarter, Holdings Channel reports. The firm owned 42,617 shares of the investment management company’s stock after selling 6,789 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in The Goldman Sachs Group were worth $37,460,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GS. Dagco Inc. purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $25,000. Manning & Napier Advisors LLC increased its holdings in 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 acquiring an additional 23 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $31,000. Entrust Financial LLC purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $34,000. Finally, Joseph Group Capital Management purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Buying and Selling at The Goldman Sachs Group

In other news, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $929.17, for a total value of $9,571,380.17. Following the transaction, the chief accounting officer owned 6,338 shares of the company’s stock, valued at $5,889,079.46. The trade was a 61.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction that occurred 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 completion of the transaction, the chief financial officer directly owned 31,070 shares in the company, valued at $30,248,198.50. This represents a 18.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is currently owned by company insiders.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs said M&A activity is running near record levels in 2026, which supports higher investment-banking fees and points to stronger revenue ahead. Reuters article
• Positive Sentiment: The firm raised its year-end S&P 500 target to 8,000, citing robust earnings and AI-driven growth, reinforcing a constructive outlook for the broader market environment Goldman benefits from. MarketWatch article
• Positive Sentiment: Goldman’s comments that it is seeing near-record M&A volumes and broader dealmaking momentum are reinforcing hopes for continued strength in advisory and underwriting revenue. TipRanks article
• Positive Sentiment: Reports that Goldman Sachs is now the lead underwriter for SpaceX’s planned IPO add to expectations for a potentially high-profile fee-generating mandate. Seeking Alpha article
• Positive Sentiment: Recent earnings strength and a strong quarter continue to support the stock’s momentum, with Goldman’s shares staying near highs after solid results and improved investor sentiment. Yahoo Finance article
• Neutral Sentiment: Analyst and media coverage highlighting Goldman as a trending or high-valuation stock may keep attention on the name, but does not by itself change the fundamentals. Zacks article
• Negative Sentiment: Goldman’s COO warned that inflation remains the “single biggest risk” to the economy, a reminder that macro uncertainty could still pressure markets and deal activity. Yahoo Finance article

Analysts Set New Price Targets

GS has been the topic of a number of analyst reports. Citigroup increased their target price on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Jefferies Financial Group cut their target price on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. HSBC boosted their price objective on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. Wells Fargo & Company decreased their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Finally, Royal Bank Of Canada reaffirmed a “neutral” rating on shares of The Goldman Sachs Group in a report 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’s stock. According to data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus target price of $943.95.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $1,008.15 on Friday. The Goldman Sachs Group, Inc. has a 12 month low of $592.17 and a 12 month high of $1,016.53. The stock has a market cap of $297.41 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 1.28 and a beta of 1.28. The stock’s 50 day moving average price is $908.99 and its 200 day moving average price is $891.19. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion for the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $14.12 EPS. Equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be paid a $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 annualized dividend and a dividend yield of 1.8%. The Goldman Sachs Group’s payout ratio is currently 32.89%.

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.