Boston Partners Trims Position in The Goldman Sachs Group, Inc. $GS

Boston Partners lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 7.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 881,378 shares of the investment management company’s stock after selling 72,834 shares during the quarter. The Goldman Sachs Group comprises 0.8% of Boston Partners’ portfolio, making the stock its 22nd largest holding. Boston Partners’ holdings in The Goldman Sachs Group were worth $776,340,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Alchemi Wealth LLC purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $223,000. Peak Planning Group LLC purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $1,178,000. Y Intercept Hong Kong Ltd purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $11,778,000. Banco Santander S.A. grew its holdings in The Goldman Sachs Group by 9.1% during the 4th quarter. Banco Santander S.A. now owns 49,317 shares of the investment management company’s stock valued at $43,350,000 after buying an additional 4,096 shares in the last quarter. Finally, Sumitomo Life Insurance Co. grew its holdings in The Goldman Sachs Group by 19.1% during the 4th quarter. Sumitomo Life Insurance Co. now owns 22,680 shares of the investment management company’s stock valued at $19,936,000 after buying an additional 3,638 shares in the last quarter. Hedge funds and other 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: Goldman Sachs is benefiting from high-profile underwriting and advisory work, including the SpaceX IPO and Prometheus’ massive funding round, both of which highlight stronger capital-markets activity and potential fee growth. SpaceX IPO Crowds Pre-Market Sentiment
• Positive Sentiment: Goldman Sachs’ optimistic 2026 market outlook and views that AI infrastructure spending could stay elevated support the investment-banking and markets narrative for GS. Goldman Sachs doubles down on stock market outlook for 2026
• Neutral Sentiment: JPMorgan raised its price target on Goldman Sachs but kept a neutral rating, suggesting valuation remains rich even after the stock’s strong run. JPMorgan adjusts price target on Goldman Sachs to 900 from 826
• Neutral Sentiment: Separate commentary that Goldman Sachs sees the market as trending higher and favors sectors tied to AI and growth is constructive, but it is more of a broad-market read than a direct company-specific catalyst. Goldman Sachs doubles down on stock market outlook for 2026

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $1,062.44 on Friday. The firm has a market cap of $313.43 billion, a PE ratio of 19.42, a price-to-earnings-growth ratio of 1.34 and a beta of 1.30. The Goldman Sachs Group, Inc. has a fifty-two week low of $609.59 and a fifty-two week high of $1,098.36. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.63 and a current ratio of 0.63. The business has a 50 day moving average price of $957.30 and a 200-day moving average price of $909.86.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $14.12 earnings per share. Equities research analysts predict that The Goldman Sachs Group, Inc. will post 59.08 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio is currently 32.89%.

Analyst Ratings Changes

A number of research firms have weighed in on GS. Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $826.00 to $900.00 and gave the stock a “neutral” rating in a report on Friday. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, UBS Group boosted their price objective on The Goldman Sachs Group from $930.00 to $940.00 in a report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $941.82.

Insiders Place Their Bets

In related news, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total transaction of $1,044,776.88. Following the completion of the transaction, the insider owned 2,578 shares in the company, valued at $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $9,571,380.17. Following the transaction, the chief accounting officer owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This represents a 61.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 33,681 shares of company stock worth $31,737,875 in the last ninety days. Insiders own 0.55% of the company’s stock.

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.