Opal Capital LLC Trims Stake in The Goldman Sachs Group, Inc. $GS

Opal Capital LLC cut its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 60.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,624 shares of the investment management company’s stock after selling 7,168 shares during the quarter. Opal Capital LLC’s holdings in The Goldman Sachs Group were worth $3,912,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Turim 21 Investimentos Ltda. purchased a new stake in The Goldman Sachs Group in the first quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of The Goldman Sachs Group during the fourth quarter worth approximately $26,000. Manning & Napier Advisors LLC grew its position in shares of The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after acquiring an additional 23 shares during the last quarter. Steph & Co. acquired a new position in shares of The Goldman Sachs Group in the 1st quarter valued at $27,000. Finally, Lifetime Wealth Management P.C. acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs ranked first in global power-sector M&A advisory by deal value during the first half of 2026, advising on transactions worth approximately $142.6 billion. Strong deal activity supports fee revenue and reinforces the firm’s investment-banking franchise. Goldman Sachs and Barclays lead power sector M&A in H1 2026
• Positive Sentiment: Goldman Sachs Asset Management and T. Rowe Price launched a private-markets interval fund available to non-accredited investors, with a $2,500 minimum. The product could broaden distribution and create longer-term fee growth for GSAM. T. Rowe Price Goldman Sachs Private Markets Fund debuts
• Positive Sentiment: Goldman Sachs and JPMorgan backed Harvey, an artificial-intelligence legal-services company that reportedly added $100 million in annual recurring revenue in a quarter. The investment provides exposure to private-market AI growth, though its direct financial effect on GS is likely modest. Goldman Sachs, JPMorgan back Harvey
• Neutral Sentiment: A Goldman Sachs report said hedge funds returned an average of 7% in the first half, well above their long-term average. This is constructive for industry sentiment and potentially GS’s prime-brokerage and asset-management businesses, but does not represent Goldman’s own earnings. Hedge funds on track for another stellar year on AI boom
• Negative Sentiment: Goldman’s high-beta momentum basket is projected to suffer its worst monthly performance on record, reportedly exceeding the drawdowns of 2000 and 2009. Although the basket is an index rather than a Goldman operating segment, the extreme sell-off signals risk aversion and can weigh on sentiment toward the market-sensitive bank. Goldman’s high-beta momentum basket heads for worst month ever

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the transaction, the insider owned 15,657 shares in the company, valued at $14,703,018.99. The trade was a 47.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,450 shares of company stock worth $29,668,201 over the last ninety days. 0.55% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

GS has been the topic of several research reports. Wells Fargo & Company raised their price objective on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. upped their target price on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Wall Street Zen upgraded shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Oppenheimer lowered The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Finally, Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group currently has an average rating of “Hold” and a consensus price target of $1,061.43.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $1,035.01 on Wednesday. The stock has a fifty day moving average price of $1,051.50 and a 200 day moving average price of $953.26. The Goldman Sachs Group, Inc. has a 1-year low of $694.05 and a 1-year high of $1,153.99. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.11 and a quick ratio of 0.63. The company has a market cap of $305.34 billion, a PE ratio of 15.97, a P/E/G ratio of 1.06 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The company had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The Goldman Sachs Group’s revenue was up 39.4% compared to the same quarter last year. During the same period in the previous year, the company posted $10.91 EPS. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 68.83 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently declared 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%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 27.78%.

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.