Key Points
- Insider sale: Alex Golten sold 1,115 GS shares at an average price of $919.19 on April 17 for about $1.025M, cutting his stake by ~23.2% and leaving him with 3,694 shares (~$3.395M).
- Q1 outperformance: Goldman reported EPS of $17.55 vs. $15.92 expected and revenue of $17.23B (up 14.4% YoY), prompting some firms to raise price targets even as the consensus rating remains a "Hold" with an average target near $924.
- Dividend: the company declared a quarterly dividend of $4.50 ($18.00 annualized) with an ex-dividend date of June 1 and a yield of about 1.9%.
The Goldman Sachs Group, Inc. (NYSE:GS - Get Free Report) insider Alex Golten sold 1,115 shares of the business's stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $919.19, for a total transaction of $1,024,896.85. Following the sale, the insider directly owned 3,694 shares in the company, valued at $3,395,487.86. The trade was a 23.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
The Goldman Sachs Group Trading Down 1.7%
NYSE:GS opened at $926.10 on Wednesday. The Goldman Sachs Group, Inc. has a one year low of $508.93 and a one year high of $984.70. The company has a debt-to-equity ratio of 2.56, a current ratio of 1.10 and a quick ratio of 0.66. The company's 50-day simple moving average is $868.08 and its 200 day simple moving average is $860.38. The firm has a market capitalization of $273.19 billion, a P/E ratio of 16.92, a PEG ratio of 1.21 and a beta of 1.32.
The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, topping 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 16.02%. The business had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same quarter in the previous year, the firm posted $14.12 earnings per share. The Goldman Sachs Group's quarterly revenue was up 14.4% on a year-over-year basis. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 59.42 EPS for the current fiscal year.
The Goldman Sachs Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group's dividend payout ratio is currently 32.89%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GS. Hartline Investment Corp lifted its position in The Goldman Sachs Group by 153.3% during the third quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company's stock valued at $1,132,000 after purchasing an additional 860 shares during the last quarter. A4 Wealth Advisors LLC bought a new position in The Goldman Sachs Group during the third quarter valued at $940,000. Stevens Capital Management LP bought a new position in The Goldman Sachs Group during the third quarter valued at $1,392,000. Meridian Wealth Management LLC lifted its position in The Goldman Sachs Group by 39.4% during the third quarter. Meridian Wealth Management LLC now owns 2,332 shares of the investment management company's stock valued at $1,857,000 after purchasing an additional 659 shares during the last quarter. Finally, AlTi Global Inc. lifted its position in The Goldman Sachs Group by 87.3% during the third quarter. AlTi Global Inc. now owns 29,770 shares of the investment management company's stock valued at $23,707,000 after purchasing an additional 13,879 shares during the last quarter. Institutional investors own 71.21% of the company's stock.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Argus Research reiterated a Buy on GS and lifted its post‑Q1 price target to $1,066, citing strong investment‑banking activity and robust Q1 results that support earnings momentum. Argus Research Maintains Buy on Goldman Sachs
- Positive Sentiment: BMO Capital Markets raised its GS price target to $972 (market‑perform), signaling incremental analyst confidence after Q1 and providing upside support to the stock. BMO Raises PT on Goldman Sachs
- Positive Sentiment: Goldman ranked among top M&A advisers in Q1, advising on ~$267bn of deals — a reminder that advisory fees and deal flow remain key revenue drivers if market conditions hold. Goldman Tops M&A Advisers List Q1 2026
- Neutral Sentiment: Goldman continues active equity research coverage, including initiating Dynatrace at Buy and Elastic at Neutral — an indication of ongoing client‑facing research monetization but limited direct impact on GS’s corporate earnings. Goldman Initiates Dynatrace Coverage
- Neutral Sentiment: Regulatory filings show GS holds a notable transparency position in Belgian Ontex (voting rights + derivatives); routine disclosure that signals portfolio/asset‑management activity rather than corporate change. Ontex Transparency Declaration
- Negative Sentiment: Insider selling: Alex Golten disclosed the sale of 1,115 GS shares (~$1.02M), reducing his stake ~23% — a near‑term negative signal for sentiment even if not unusual for executives to rebalance. SEC Filing: Insider Sale
- Negative Sentiment: CEO David Solomon’s public comments warning that recession risk could spike quickly and that oil prices might surge amid Iran tensions are amplifying market volatility concerns; such risk narratives can weigh on banks’ trading and advisory outlooks in the near term. Solomon Warns on Recession Risk
Wall Street Analyst Weigh In
GS has been the topic of several analyst reports. BMO Capital Markets upped their target price on shares of The Goldman Sachs Group from $905.00 to $972.00 and gave the stock a "market perform" rating in a research note on Monday. UBS Group reiterated a "neutral" rating and issued a $930.00 target price on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Wells Fargo & Company dropped their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an "overweight" rating on the stock in a research note on Monday, April 13th. Bank of America dropped their target price on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $924.14.
Get Our Latest Research Report on The Goldman Sachs Group
About The Goldman Sachs Group
(
Get Free Report)
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.
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