Calamos Advisors LLC Grows Stake in The Goldman Sachs Group, Inc. $GS

Calamos Advisors LLC increased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 0.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 170,881 shares of the investment management company’s stock after acquiring an additional 484 shares during the period. Calamos Advisors LLC owned about 0.06% of The Goldman Sachs Group worth $144,564,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of GS. Dagco Inc. bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $25,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $26,000. Manning & Napier Advisors LLC boosted its holdings in shares of 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 buying an additional 23 shares during the last quarter. Steph & Co. bought a new stake in The Goldman Sachs Group during the first quarter valued at approximately $27,000. Finally, Lifetime Wealth Management P.C. bought a new stake in The Goldman Sachs Group during the fourth quarter valued at approximately $29,000. Institutional investors own 71.21% of the company’s stock.

Insiders Place Their Bets

In other news, insider Alex S. Golten sold 1,116 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $936.18, for a total value of $1,044,776.88. Following the completion of the transaction, the insider owned 2,578 shares of the company’s stock, valued at $2,413,472.04. This represents a 30.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the transaction, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 33,681 shares of company stock worth $31,737,875. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $1,047.08 on Tuesday. The firm has a fifty day moving average price of $1,020.45 and a 200-day moving average price of $939.94. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market cap of $308.90 billion, a PE ratio of 19.14, a price-to-earnings-growth ratio of 1.35 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 1 year low of $691.30 and a 1 year high of $1,125.00.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data 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 Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The firm had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same period last year, the firm earned $14.12 EPS. The company’s revenue was up 14.4% on a year-over-year basis. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 60.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. Weiss Ratings raised shares of The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 30th. Bank of America upped their price objective on The Goldman Sachs Group from $1,050.00 to $1,150.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Zacks Research cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, HSBC lifted their target price on The Goldman Sachs Group from $729.00 to $765.00 in a research report on Monday, May 4th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average target price of $1,005.33.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Analysts expect Goldman Sachs to post another strong quarter, with bullish commentary pointing to solid trading activity, resilient capital-markets demand, improving wealth-management flows, and the possibility of an earnings beat versus Wall Street estimates.
• Positive Sentiment: Bank of America said major U.S. banks, including Goldman Sachs, could surprise to the upside as strong operating conditions may support higher earnings revisions for the second half of 2026 and into 2027.
• Positive Sentiment: Goldman Sachs’ involvement in advisory and financing activity remains supportive, including work tied to Saudi tech firm NourNet’s potential IPO and continued expansion in growth investing through Goldman Sachs Alternatives.
• Neutral Sentiment: Wall Street is focused on the broader bank-earnings slate this week, which could keep GS shares moving with sector sentiment rather than company-specific news until results are released.
• Neutral Sentiment: Goldman Sachs also published upbeat market views on Indian equities and other themes, but these are more reflective of the firm’s research franchise than an immediate driver of GS stock.
• Negative Sentiment: Some commentary flagged a possible downgrade and warned that Goldman Sachs’ strong run since 2022 may be fading, while a technical-analysis piece said the stock has pulled back and could be vulnerable into earnings. Article Title

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.