Diversified Management Inc. Decreases Stock Holdings in The Goldman Sachs Group, Inc. $GS

Diversified Management Inc. reduced its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 85.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 722 shares of the investment management company’s stock after selling 4,173 shares during the period. Diversified Management Inc.’s holdings in The Goldman Sachs Group were worth $730,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Turim 21 Investimentos Ltda. acquired a new position in The Goldman Sachs Group during the first quarter worth $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at $26,000. Manning & Napier Advisors LLC increased its stake 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 worth $27,000 after acquiring an additional 23 shares during the last quarter. Steph & Co. acquired a new stake in shares of The Goldman Sachs Group in the 1st quarter worth $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of The Goldman Sachs Group during the 4th quarter worth $29,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,032.74 on Wednesday. The Goldman Sachs Group, Inc. has a 52 week low of $705.55 and a 52 week high of $1,153.99. The stock’s fifty day moving average is $1,055.59 and its two-hundred day moving average is $959.02. The company has a market capitalization of $300.70 billion, a P/E ratio of 15.94, a P/E/G ratio of 1.05 and a beta of 1.30. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17.

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

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a $5.00 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.

Analyst Ratings Changes

GS has been the topic of several recent research reports. Bank of America boosted their price target on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. BNP Paribas Exane decreased their target price on shares of 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. Finally, Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Two investment 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.

The Goldman Sachs Group News Roundup

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.

Insiders Place Their Bets

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the stock in a transaction dated 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 owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.55% of the stock is currently owned by company insiders.

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.