Westerkirk Capital Inc. Reduces Stock Holdings in The Goldman Sachs Group, Inc. $GS

Westerkirk Capital Inc. decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 53.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 476 shares of the investment management company’s stock after selling 554 shares during the period. Westerkirk Capital Inc.’s holdings in The Goldman Sachs Group were worth $418,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of GS. Dagco Inc. purchased a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $25,000. Manning & Napier Advisors LLC lifted 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 purchasing an additional 23 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $31,000. Entrust Financial LLC purchased a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $34,000. Finally, Graney & King LLC lifted its stake in The Goldman Sachs Group by 51.5% in the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on GS. Dbs Bank upped their price objective on The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. BNP Paribas Exane dropped their target price on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Morgan Stanley dropped their target price on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 31st. UBS Group increased their target price on The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada restated a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $943.95.

Insider Activity

In other news, 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 transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the company’s stock in a transaction on 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 completion of the transaction, the insider directly owned 15,657 shares in the company, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 33,681 shares of company stock worth $31,737,875. Company insiders own 0.55% 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 is in the running for lead underwriting roles on major AI IPOs, including OpenAI and Anthropic, which could boost future investment-banking fees if those deals proceed. A $7 billion horse race: Goldman Sachs and Morgan Stanley battle for ‘lead left’ position ahead of OpenAI and Anthropic IPOs
• Positive Sentiment: Goldman’s analysts remain active in high-profile research coverage and market calls, helping keep the firm visible and influential across sectors. Goldman Sachs Issues Blunt Warning on AI-Driven Market Conditions
• Neutral Sentiment: Goldman now expects no Fed rate cuts in 2026, which signals a more restrictive macro backdrop but is also consistent with a stronger economy. Goldman Sachs Changes Fed Rate Calls, Now Sees No Cuts in 2026
• Neutral Sentiment: Federal Reserve stress-test results are due June 24 for large banks including Goldman Sachs, creating an upcoming event that could move bank stocks but is not yet known. Federal Reserve to Release 2026 Bank Stress Test Results on June 24 for 32 Major Lenders
• Negative Sentiment: GS shares were already weaker in the prior session, and broader financial stocks have also been softer, suggesting some sector pressure rather than a Goldman-specific problem. Why Goldman Sachs (GS) Dipped More Than Broader Market Today

The Goldman Sachs Group Trading Down 1.3%

NYSE:GS opened at $1,031.13 on Wednesday. The company has a market cap of $304.19 billion, a P/E ratio of 18.84, a P/E/G ratio of 1.35 and a beta of 1.30. The stock’s fifty day moving average price is $945.60 and its two-hundred day moving average price is $905.35. The Goldman Sachs Group, Inc. has a 1 year low of $609.31 and a 1 year high of $1,098.36. 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 released its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping the consensus estimate of $15.92 by $1.63. The firm had revenue of $17.23 billion for the quarter, compared to analysts’ expectations of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The business’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $14.12 earnings per share. As a group, analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be issued a $4.50 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 annualized dividend and a dividend yield of 1.7%. The Goldman Sachs Group’s dividend payout ratio is presently 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.