Forsta AP Fonden Grows Stock Position in The Goldman Sachs Group, Inc. $GS

Forsta AP Fonden grew its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 3.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 99,800 shares of the investment management company’s stock after purchasing an additional 3,500 shares during the quarter. The Goldman Sachs Group makes up approximately 0.5% of Forsta AP Fonden’s investment portfolio, making the stock its 27th largest position. Forsta AP Fonden’s holdings in The Goldman Sachs Group were worth $87,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $2,515,830,000. Eurizon SLJ Capital Ltd bought a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $701,000. Eurizon Capital SGR S.p.A. bought a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $72,143,000. Zhang Financial LLC grew its stake in shares of The Goldman Sachs Group by 3.5% during the 4th quarter. Zhang Financial LLC now owns 5,923 shares of the investment management company’s stock valued at $5,206,000 after acquiring an additional 201 shares during the period. Finally, Fideuram Asset Management Ireland dac bought a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $5,847,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs said merger-and-acquisition activity is tracking toward near-record levels in 2026, potentially close to the 2021 boom, which would support higher investment banking fees and earnings. Goldman Sachs says on track for near-record M&A volumes in 2026
• Positive Sentiment: The company also forecast record or near-record global M&A volumes next year, suggesting a stronger pipeline for advisory and underwriting revenue. GS Expects Record Global M&A in 2026: Will This Boost Its IB Business?
• Positive Sentiment: Goldman’s bullish market commentary extended beyond dealmaking, with the firm raising its S&P 500 target to 8,000 on AI-driven earnings optimism, reinforcing a constructive outlook for capital markets activity. US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism
• Neutral Sentiment: Goldman also presented at Bernstein’s Strategic Decisions Conference, but the transcript does not indicate any major new catalyst beyond the firm’s existing growth themes. The Goldman Sachs Group, Inc. (GS) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Neutral Sentiment: The bank was also mentioned in a PB Fintech block deal as one of several institutional buyers, which is notable but likely not material enough on its own to move GS shares. PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy

Insider Transactions at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 6,857 shares of the company’s 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 sale, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This represents a 18.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alex S. Golten sold 1,116 shares of the stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $936.18, for a total value of $1,044,776.88. Following the sale, the insider owned 2,578 shares in the company, valued at $2,413,472.04. The trade was a 30.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 33,681 shares of company stock valued at $31,737,875 over the last 90 days. Insiders own 0.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GS. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Wells Fargo & Company cut their price objective on 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. HSBC boosted their price target on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. BMO Capital Markets boosted their price target on The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a report on Monday, April 20th. Finally, BNP Paribas Exane lowered their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average target price of $943.95.

The Goldman Sachs Group Stock Up 1.6%

Shares of GS opened at $1,024.02 on Friday. The stock has a market capitalization of $302.09 billion, a price-to-earnings ratio of 18.71, a price-to-earnings-growth ratio of 1.30 and a beta of 1.28. The Goldman Sachs Group, Inc. has a 1 year low of $592.17 and a 1 year high of $1,027.22. The business’s 50 day simple moving average is $913.37 and its 200-day simple moving average is $892.11. 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 issued 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 business had revenue of $17.23 billion for the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the prior year, the firm earned $14.12 EPS. As a group, equities analysts expect that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed 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 1.8%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is 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.