WNY Asset Management LLC Makes New Investment in The Goldman Sachs Group, Inc. $GS

WNY Asset Management LLC acquired a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GSFree Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 710 shares of the investment management company’s stock, valued at approximately $601,000.

A number of other institutional investors have also recently made changes to their positions in the business. Turim 21 Investimentos Ltda. acquired a new position in The Goldman Sachs Group during the 1st quarter valued at about $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in The Goldman Sachs Group in the fourth quarter worth about $26,000. Manning & Napier Advisors LLC boosted its holdings 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 worth $27,000 after acquiring an additional 23 shares in the last quarter. Steph & Co. purchased a new stake in shares of The Goldman Sachs Group during the first quarter worth about $27,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of The Goldman Sachs Group during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Key The Goldman Sachs Group News

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

  • Positive Sentiment: AI platform expands growth opportunities: Goldman Sachs Asset Management launched AlphaAI, led by Lou D’Ambrosio, to identify investment opportunities among companies benefiting from artificial intelligence. The initiative could support future fee revenue and strengthen Goldman’s position in a rapidly growing investment theme. Goldman Sachs launches AlphaAI to profit from AI winners hidden inside sectors
  • Positive Sentiment: M&A leadership highlights advisory momentum: Goldman ranked first among North American M&A advisers by transaction value in the first half of 2026, advising on $437.7 billion of deals. Sustained deal activity is supportive of investment-banking revenue, although it may already be reflected in the stock following Goldman’s strong recent quarterly results. Goldman Sachs tops North America M&A advisers by value in H1 2026
  • Positive Sentiment: Private-markets and community-finance activity broadens revenue sources: Goldman partnered with T. Rowe Price on a private-markets interval fund for retail investors and deployed $116 million toward the Syracuse affordable-housing redevelopment. These moves expand product distribution and demonstrate ongoing lending and investment activity. Goldman Sachs launches retail private markets fund
  • Neutral Sentiment: Investment positions disclosed: Goldman reported a 3.29% stake in Qiagen and changes in its Ontex holdings. These regulatory filings indicate portfolio activity but do not directly change Goldman’s operating outlook. Goldman Sachs discloses stake in Qiagen
  • Negative Sentiment: UK discrimination ruling creates legal and reputational pressure: Goldman was ordered to pay nearly £1.5 million, or about $2 million, to a former compliance manager. The financial cost is limited relative to Goldman’s scale, but the ruling adds regulatory, legal and reputational overhang. Goldman Sachs ordered to pay former compliance manager

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $1,019.17 on Friday. The Goldman Sachs Group, Inc. has a 52 week low of $694.05 and a 52 week high of $1,153.99. The business’s 50 day moving average price is $1,052.62 and its 200 day moving average price is $954.63. 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 $300.67 billion, a P/E ratio of 15.73, a P/E/G ratio of 1.03 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The company had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same period last year, the firm posted $10.91 EPS. The Goldman Sachs Group’s revenue for the quarter was up 39.4% compared to the same quarter last year. On average, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed 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 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 dividend yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 27.78%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Jefferies Financial Group set a $1,299.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Citigroup boosted their target price on shares of The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. UBS Group upped their price target on shares of The Goldman Sachs Group from $940.00 to $1,120.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Oppenheimer cut shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Finally, Bank of America lifted their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $1,061.43.

View Our Latest Analysis on The Goldman Sachs Group

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated 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 owned 15,657 shares in the company, valued at approximately $14,703,018.99. This trade represents a 47.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction dated 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 $30,248,198.50. The trade was a 18.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Profile

(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.

See Also

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GSFree Report).

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.