The Goldman Sachs Group, Inc. $GS is Whitener Capital Management Inc.’s 10th Largest Position

Whitener Capital Management Inc. lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 4.4% during the second quarter, Holdings Channel reports. The institutional investor owned 11,069 shares of the investment management company’s stock after selling 511 shares during the quarter. The Goldman Sachs Group comprises approximately 2.4% of Whitener Capital Management Inc.’s investment portfolio, making the stock its 10th largest holding. Whitener Capital Management Inc.’s holdings in The Goldman Sachs Group were worth $11,195,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Optas LLC grew its holdings in The Goldman Sachs Group by 0.4% in the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock worth $2,244,000 after purchasing an additional 11 shares during the last quarter. Pines Wealth Management LLC grew its stake in The Goldman Sachs Group by 0.4% during the 4th quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock worth $2,255,000 after buying an additional 11 shares during the last quarter. Welch & Forbes LLC increased its position in The Goldman Sachs Group by 0.8% during the 4th quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock valued at $1,257,000 after buying an additional 11 shares in the last quarter. First Financial Group Corp raised its stake in The Goldman Sachs Group by 4.7% in the first quarter. First Financial Group Corp now owns 246 shares of the investment management company’s stock valued at $208,000 after buying an additional 11 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC boosted its holdings in The Goldman Sachs Group by 1.7% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 673 shares of the investment management company’s stock worth $569,000 after acquiring an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Activity at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, May 14th. The shares were 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 of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group Stock Performance

NYSE GS opened at $1,032.74 on Wednesday. The Goldman Sachs Group, Inc. has a fifty-two week low of $705.55 and a fifty-two week high of $1,153.99. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $300.70 billion, a P/E ratio of 15.94, a PEG ratio of 1.05 and a beta of 1.30. The stock has a 50-day simple moving average of $1,055.59 and a two-hundred day simple moving average of $959.02.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The firm had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same period last year, the company earned $10.91 earnings per share. The Goldman Sachs Group’s revenue for the quarter was up 39.4% compared to the same quarter last year. On average, equities analysts forecast that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is 30.87%.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs is partnering with NVIDIA and major investment firms—including BlackRock, Blackstone, Apollo, Brookfield and KKR—to help mobilize more than $500 billion in third-party capital for AI infrastructure. The initiative could create fee opportunities in investment banking, capital markets, asset management and financing, while strengthening Goldman’s position in a rapidly expanding market. Nvidia Taps Blackrock, Goldman Sachs, Blackstone to Mobilize $500B for AI
• Positive Sentiment: Goldman continues to benefit from strong investment-banking momentum. Its leadership in mergers and acquisitions, a record backlog, and rising stock issuance linked to AI spending could support advisory and underwriting revenue. The bank also ranked first among advisers on Middle East and Africa M&A transactions in the first half of 2026. Goldman’s M&A Leadership Bodes Well
• Neutral Sentiment: Goldman redeemed all outstanding shares of its 3.65% fixed-rate preferred stock and updated certain incorporation terms. The action is a balance-sheet and capital-structure matter, but no immediate earnings impact was indicated. Goldman Sachs Updates Preferred Stock and Incorporation Terms
• Neutral Sentiment: Analyst commentary describes GS as supported by earnings, cash flow and favorable profitability metrics, but closer to fair value after a roughly 228.6% three-year advance. That suggests solid fundamentals, while also raising the bar for further gains.
• Negative Sentiment: Brazilian police reportedly accused two Goldman representatives of fraud in a dispute involving minority shareholders and a tender offer for cancer-care company Oncoclínicas. The allegations are not a finding of liability, but could create legal, regulatory and reputational exposure. Brazilian police accuse Goldman executives of fraud over Oncoclinicas tender offer
• Negative Sentiment: Goldman warned that accelerating AI investment may crowd out other corporate spending, although it found limited evidence of that effect so far. The warning highlights execution and credit risks surrounding the broader AI financing boom.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Dbs Bank raised their price target on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Bank of America lifted their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. HSBC upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Finally, Barclays increased their price objective on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Moderate Buy” and an average price target of $1,062.86.

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.