Banco Santander S.A. Purchases 4,096 Shares of The Goldman Sachs Group, Inc. $GS

Banco Santander S.A. lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 9.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,317 shares of the investment management company’s stock after acquiring an additional 4,096 shares during the period. Banco Santander S.A.’s holdings in The Goldman Sachs Group were worth $43,350,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Sumitomo Life Insurance Co. lifted its holdings in shares of 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 worth $19,936,000 after acquiring an additional 3,638 shares during the period. Kane Investment Management Inc. lifted its holdings in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Kane Investment Management Inc. now owns 766 shares of the investment management company’s stock worth $674,000 after acquiring an additional 13 shares during the period. Tudor Financial Inc. lifted its holdings in shares of The Goldman Sachs Group by 3.0% during the 4th quarter. Tudor Financial Inc. now owns 543 shares of the investment management company’s stock worth $477,000 after acquiring an additional 16 shares during the period. Wealthspire Advisors LLC lifted its holdings in shares of The Goldman Sachs Group by 42.4% during the 4th quarter. Wealthspire Advisors LLC now owns 8,883 shares of the investment management company’s stock worth $7,808,000 after acquiring an additional 2,644 shares during the period. Finally, Gerber Kawasaki Wealth & Investment Management lifted its holdings in shares of The Goldman Sachs Group by 4.8% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 701 shares of the investment management company’s stock worth $616,000 after acquiring an additional 32 shares during the period. Institutional investors own 71.21% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on GS. CICC Research increased their target price on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Weiss Ratings cut shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Daiwa Securities Group increased their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, Jefferies Financial Group dropped their target price on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, The Goldman Sachs Group currently has an average rating of “Hold” and an average price target of $941.82.

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $1,062.44 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89. The company has a market capitalization of $313.43 billion, a PE ratio of 19.42, a P/E/G ratio of 1.34 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 12 month low of $609.59 and a 12 month high of $1,098.36. The stock has a 50-day moving average price of $957.30 and a two-hundred day moving average price of $909.86.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating the consensus estimate of $15.92 by $1.63. The firm had revenue of $17.23 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the company earned $14.12 earnings per share. Analysts expect that The Goldman Sachs Group, Inc. will post 59.08 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

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

Insider Buying and Selling

In related news, CAO Sheara J. Fredman sold 10,301 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the transaction, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at $5,889,079.46. This trade represents a 61.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total value of $13,421,188.44. Following the transaction, the insider directly owned 15,657 shares of the company’s stock, valued at approximately $14,703,018.99. This represents a 47.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 33,681 shares of company stock valued at $31,737,875 in the last quarter. 0.55% of the stock is currently owned by company insiders.

Key Stories 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

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.