Rep. Josh Gottheimer Buys The Goldman Sachs Group, Inc. (NYSE:GS) Stock

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of The Goldman Sachs Group, Inc. (NYSE:GS). In a filing disclosed on May 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in The Goldman Sachs Group stock on April 16th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/28/2026.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
  • Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
  • Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/23/2026.
  • Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
  • Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
  • Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
  • Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.
  • Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 4/9/2026.

The Goldman Sachs Group Stock Performance

Shares of GS opened at $981.97 on Thursday. 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 stock has a 50-day moving average of $885.93 and a two-hundred day moving average of $882.40. The stock has a market cap of $289.69 billion, a P/E ratio of 17.95, a P/E/G ratio of 1.20 and a beta of 1.28. The Goldman Sachs Group, Inc. has a one year low of $582.50 and a one year high of $984.70.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The company had revenue of $17.23 billion during the quarter, compared to analyst estimates of $16.66 billion. During the same period last year, the firm posted $14.12 EPS. The Goldman Sachs Group’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, research analysts predict that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.8%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.89%.

Trending Headlines about The Goldman Sachs Group

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

  • Positive Sentiment: Goldman Sachs reportedly won the lead left underwriting role for SpaceX’s expected IPO, a marquee assignment that could boost investment banking fees and reinforce the firm’s standing in high-profile capital markets deals. Article Title
  • Positive Sentiment: Goldman also received a price target upgrade to $980 from CICC Research with an “outperform” rating, signaling continued analyst confidence in the stock. Article Title
  • Positive Sentiment: Goldman’s recent macro and trading commentary has remained constructive, including a view that market volatility and AI-related themes can create opportunities for clients and the firm. Article Title
  • Neutral Sentiment: Goldman has been shifting crypto exposure away from direct altcoin ETF holdings and toward infrastructure and trading platforms, which looks like a strategic repositioning rather than a direct earnings driver. Article Title
  • Neutral Sentiment: Reports that CFO Denis Coleman sold shares are worth noting, but the transaction appears to be a partial sale and does not by itself change the long-term outlook. Article Title

Insiders Place Their Bets

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction 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 sale, the chief financial officer directly owned 31,070 shares in the company, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the sale, the insider owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This trade represents a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 33,681 shares of company stock worth $31,737,875. Insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wells Fargo & Company cut their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Dbs Bank increased their price objective on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. BMO Capital Markets lifted their target price on The Goldman Sachs Group from $905.00 to $972.00 and gave the company a “market perform” rating in a research report on Monday, April 20th. Daiwa Securities Group upped their price target on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Finally, HSBC raised their price objective on The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $943.95.

Read Our Latest Analysis on The Goldman Sachs Group

Institutional Trading of The Goldman Sachs Group

A number of large investors have recently bought and sold shares of GS. Dagco Inc. acquired a new position in The Goldman Sachs Group in the 4th quarter valued at $25,000. Turim 21 Investimentos Ltda. acquired a new position in shares of The Goldman Sachs Group during the first quarter worth about $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in The Goldman Sachs Group in the fourth quarter valued at about $26,000. Manning & Napier Advisors LLC boosted its holdings in 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 valued at $27,000 after purchasing an additional 23 shares in the last quarter. Finally, Steph & Co. purchased a new position in shares of The Goldman Sachs Group during the 1st quarter worth approximately $27,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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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