The Goldman Sachs Group, Inc. $GS Position Increased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC grew its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 217.9% during the first quarter, Holdings Channel reports. The firm owned 15,131 shares of the investment management company’s stock after acquiring an additional 10,372 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in The Goldman Sachs Group were worth $12,800,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Dagco Inc. bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $25,000. Garton & Associates Financial Advisors LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $26,000. Manning & Napier Advisors LLC boosted its stake in The Goldman Sachs Group by 287.5% in the fourth 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. Steph & Co. bought a new position in shares of The Goldman Sachs Group during the first quarter valued at approximately $27,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in shares of The Goldman Sachs Group during the 4th quarter worth approximately $29,000. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Up 0.2%

GS stock opened at $1,022.00 on Friday. The firm’s 50-day moving average is $1,004.08 and its two-hundred day moving average is $932.24. The company has a market capitalization of $301.50 billion, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 1.31 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52 week low of $691.30 and a 52 week high of $1,125.00. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business had revenue of $17.23 billion during the quarter, compared to analysts’ expectations of $16.66 billion. During the same period last year, the firm posted $14.12 earnings per share. The business’s revenue was up 14.4% on a year-over-year basis. On average, analysts forecast that The Goldman Sachs Group, Inc. will post 60.18 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Monday, June 1st were given a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is 32.89%.

More The Goldman Sachs Group News

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

• Positive Sentiment: Financial stocks were broadly higher, which supports Goldman Sachs alongside the wider banking sector. A stronger tape for financials can help GS even without company-specific news. Sector Update: Financial Stocks Advance Late Afternoon
• Positive Sentiment: Goldman Sachs contributed $1,000 to “Trump Accounts” for eligible children of employees, a move that signals continued support for employee benefits and could be viewed favorably from a corporate culture and retention standpoint. Goldman Sachs Contributes to ‘Trump Accounts’ for Children of Its Employees
• Positive Sentiment: Market commentary highlighted Goldman’s bullish market stance, including its view that investors are still keeping meaningful exposure to equities and that the firm remains constructive on stocks heading into the second half. That optimism can support sentiment toward GS’s trading and advisory franchise. Goldman Sachs doubles down on stock market outlook for 2026
• Positive Sentiment: Goldman was also mentioned as being among the big banks that passed the Fed stress test and are planning dividend increases, which is typically supportive for bank stocks because it points to strong capital levels and shareholder returns. 3 Big Banks Plan Double Digit Dividend Increases After Passing Fed Stress Test
• Neutral Sentiment: Goldman’s private-credit fund reportedly saw relatively low redemption pressure, suggesting stability in that part of the business, though the direct stock impact is limited. Goldman private credit fund escapes redemption pressure again
• Neutral Sentiment: Several articles focused on Goldman analysts’ macro views, including signs of tech rotation and European equity resilience. These are informative for sentiment but are not direct catalysts for GS shares. Goldman’s Garrett sees investors dialing back tech exposure into H2

Insider Transactions at The Goldman Sachs Group

In other news, CAO Sheara J. Fredman sold 10,301 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total value of $9,571,380.17. Following the sale, the chief accounting officer owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. The trade was a 61.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction on 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 completion of 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 SEC filing for this sale provides additional information. In the last 90 days, insiders sold 33,681 shares of company stock valued at $31,737,875. Company insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. CICC Research raised their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Weiss Ratings raised The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Daiwa Securities Group raised their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Zacks Research lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Rothschild & Co Redburn lifted their price objective on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $974.18.

The Goldman Sachs Group Company 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.