Y Intercept Hong Kong Ltd Buys New Shares in The Goldman Sachs Group, Inc. $GS

Y Intercept Hong Kong Ltd bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) during the 4th quarter, HoldingsChannel.com reports. The fund bought 13,399 shares of the investment management company’s stock, valued at approximately $11,778,000.

Other hedge funds have also recently made changes to their positions in the company. Dagco Inc. acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $25,000. Manning & Napier Advisors LLC increased its position in shares of 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 valued at $27,000 after acquiring an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $31,000. Entrust Financial LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $34,000. Finally, Joseph Group Capital Management acquired a new stake in The Goldman Sachs Group during the 4th quarter worth about $37,000. 71.21% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Kathryn H. Ruemmler sold 14,292 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the sale, the insider directly owned 15,657 shares in the company, valued at $14,703,018.99. This trade represents a 47.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares in the company, valued at $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,681 shares of company stock valued at $31,737,875 over the last quarter. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of GS opened at $1,062.44 on Friday. The business’s 50-day moving average is $957.30 and its two-hundred day moving average is $909.86. The company has a market capitalization of $313.43 billion, a P/E ratio of 19.42, a P/E/G ratio of 1.34 and a beta of 1.30. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The Goldman Sachs Group, Inc. has a fifty-two week low of $609.59 and a fifty-two week high of $1,098.36.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The firm had revenue of $17.23 billion for the quarter, compared to analysts’ expectations of $16.66 billion. During the same period last year, the firm earned $14.12 EPS. The company’s quarterly revenue was up 14.4% on a year-over-year basis. Research analysts predict that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be given a dividend of $4.50 per share. The ex-dividend date is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on GS. Dbs Bank increased their price target on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. BMO Capital Markets increased their price target on The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a “market perform” rating in a research report on Monday, April 20th. Rothschild & Co Redburn increased their price target on The Goldman Sachs Group from $839.00 to $870.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Wells Fargo & Company cut their price target on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Finally, CICC Research increased their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Nine research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $941.82.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs is benefiting from high-profile underwriting and advisory work, including the SpaceX IPO and Prometheus’ massive funding round, both of which highlight stronger capital-markets activity and potential fee growth. SpaceX IPO Crowds Pre-Market Sentiment
• Positive Sentiment: Goldman Sachs’ optimistic 2026 market outlook and views that AI infrastructure spending could stay elevated support the investment-banking and markets narrative for GS. Goldman Sachs doubles down on stock market outlook for 2026
• Neutral Sentiment: JPMorgan raised its price target on Goldman Sachs but kept a neutral rating, suggesting valuation remains rich even after the stock’s strong run. JPMorgan adjusts price target on Goldman Sachs to 900 from 826
• Neutral Sentiment: Separate commentary that Goldman Sachs sees the market as trending higher and favors sectors tied to AI and growth is constructive, but it is more of a broad-market read than a direct company-specific catalyst. Goldman Sachs doubles down on stock market outlook for 2026

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.