Lazard Asset Management LLC Has $102.81 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

Lazard Asset Management LLC lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 59.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,523 shares of the investment management company’s stock after selling 174,798 shares during the quarter. Lazard Asset Management LLC’s holdings in The Goldman Sachs Group were worth $102,807,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Turim 21 Investimentos Ltda. bought a new stake in The Goldman Sachs Group during the 1st quarter valued at $25,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of The Goldman Sachs Group during the fourth quarter worth about $26,000. Manning & Napier Advisors LLC raised its holdings 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. bought a new position in The Goldman Sachs Group in the 1st quarter valued at about $27,000. Finally, Lifetime Wealth Management P.C. bought a new position in The Goldman Sachs Group in the 4th quarter valued at about $29,000. Institutional investors own 71.21% of the company’s stock.

Insider Activity

In related news, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the sale, the chief accounting officer directly owned 6,338 shares in the company, valued at approximately $5,889,079.46. This represents a 61.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction that occurred on 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 represents a 18.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,450 shares of company stock valued at $29,668,201 over the last quarter. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

GS stock opened at $1,046.53 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 1.11 and a debt-to-equity ratio of 2.83. The firm has a market cap of $308.73 billion, a PE ratio of 16.15, a P/E/G ratio of 1.08 and a beta of 1.30. The business has a 50 day moving average of $1,049.36 and a 200-day moving average of $952.59. The Goldman Sachs Group, Inc. has a 12-month low of $694.05 and a 12-month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The business had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same period last year, the company posted $10.91 earnings per share. The Goldman Sachs Group’s quarterly revenue was up 39.4% compared to the same quarter last year. As a group, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 68.83 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid a $5.00 dividend. The ex-dividend date is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is 30.87%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Bank of America boosted their price objective on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. UBS Group lifted their target price on The Goldman Sachs Group from $940.00 to $1,120.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. CICC Research increased their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Finally, BMO Capital Markets raised their price objective on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company a “market perform” rating in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,061.43.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Private-markets expansion: 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 additional recurring fee revenue for GS. T. Rowe Price Goldman Sachs Private Markets Fund Debuts
• Positive Sentiment: Strong deal-advisory position: Goldman Sachs led oil and gas mergers-and-acquisitions advisory by transaction value in the first half of 2026, advising on $48.3 billion of deals. Continued deal activity supports revenue prospects for its investment-banking division. Goldman Sachs Leads Oil and Gas M&A Advisory by Value in H1 2026
• Positive Sentiment: Crypto-policy advocacy: CEO David Solomon and other major financial firms backed the proposed CLARITY Act, which could provide clearer federal rules for digital assets and potentially expand institutional crypto opportunities for GS. Franklin Templeton Joins BlackRock, Fidelity, Goldman Sachs in Backing CLARITY Act
• Neutral Sentiment: Positive earnings momentum, but sustainability is questioned: Goldman recently reported quarterly earnings and revenue well above consensus, with revenue up 39.4% year over year. However, coverage noted that bank executives—including Goldman’s—were uncertain whether record results could persist, highlighting potential normalization in trading and investment-banking revenue. JPMorgan and Goldman Posted Record Quarters
• Negative Sentiment: CLARITY Act passage remains uncertain: Although Goldman supports the legislation, Senate Democrats oppose the current draft and Senate leadership reportedly lacks enough votes. Delayed or unsuccessful passage would limit near-term benefits from regulatory clarity for GS’s digital-asset businesses. CLARITY Hopes Fade
• Negative Sentiment: New preferred-stock issuance: GS filed to issue Series AA preferred stock. The additional capital may support regulatory and business needs, but investors could view the issuance as increasing funding costs and adding to the company’s capital structure complexity. Goldman Sachs Issues New Series AA Preferred Stock

The Goldman Sachs Group 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.