The Goldman Sachs Group, Inc.

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The Goldman Sachs Group, Inc. stock analysis GS overview
Slightly Bullish +25

ABN AMRO Bank N.V. Decreases Stock Position in The Goldman Sachs Group ...

📉 ABN AMRO Bank N.V. decreased its GS position by 44.2% in Q1, selling 925 shares to retain a stake valued at $994,000.

📈 Vanguard Group Inc. increased its GS holdings by 1.5%, now owning 29,014,431 shares worth approximately $25.5 billion.

📈 State Street Corp grew its stake by 2.1% to own 19,564,783 shares valued at roughly $17.2 billion.

📉 Weiss Ratings downgraded GS from a 'buy' to a 'hold', while Zacks Research cut the rating from 'strong-buy' to 'hold'.

📉 Evercore reduced its price target on GS from $1,075.00 to $950.00 despite maintaining an 'outperform' rating.

📈 Goldman Sachs reported Q1 earnings of $17.55 per share, surpassing the consensus estimate of $15.92.

📈 Revenue for the quarter reached $17.23 billion, representing a 14.4% increase compared to the same period last year.

💰 The company declared a quarterly dividend of $4.50 per share, payable on June 29th with an ex-dividend date of June 1st.

📉 Insider Kathryn H. Ruemmler sold 14,292 shares worth $13.4 million, reducing her ownership by nearly 48%.

📉 CAO Sheara J. Fredman sold 10,301 shares worth $9.6 million, decreasing her stake by over 61%.

📊 The stock currently trades at a P/E ratio of 18.67 with a market cap of $301.34 billion.

🏦 Hedge funds and other institutional investors collectively own 71.21% of the company's outstanding stock.

Bullish Signals
  • Goldman Sachs reported Q1 earnings of $17.55 per share, significantly topping the analyst consensus estimate of $15.92.
  • Revenue for the quarter was $17.23 billion, up 14.4% year-over-year against estimates of $16.66 billion.
  • Vanguard Group Inc. increased its stake by 1.5%, now holding over 29 million shares valued at $25.5 billion.
  • State Street Corp grew its position by 2.1%, acquiring an additional 394,198 shares in the fourth quarter.
  • Bank of America Corp DE increased its GS stake by 3.4% during the fourth quarter.
  • The company maintains a healthy dividend yield of 1.8% with an annualized payout of $18.00 per share.
  • UBS Group lifted its price objective on GS from $930.00 to $940.00 in a recent research report.
Risk Factors
  • ABN AMRO Bank N.V. significantly reduced its position by 44.2% in the first quarter, selling 925 shares.
  • Weiss Ratings downgraded GS from a 'buy' rating to a 'hold', reflecting cautious sentiment.
  • Evercore cut its price target on GS from $1,075.00 to $950.00 in an April research report.
  • BNP Paribas Exane reduced its price target from $970.00 to $940.00 and set a 'neutral' rating.
  • Zacks Research downgraded shares of GS from a 'strong-buy' rating to a 'hold' in March.
  • Insider Kathryn H. Ruemmler sold 14,292 shares worth $13.4 million, representing a 47.72% decrease in her ownership.
  • CAO Sheara J. Fredman sold 10,301 shares worth $9.6 million, reducing her stake by 61.91%.
  • Total insider selling reached 33,681 shares worth approximately $31.7 million in the last quarter.
Full Analysis
Institutional investors have made mixed moves regarding The Goldman Sachs Group, Inc. (GS) in the first quarter of 2026. ABN AMRO Bank N.V. significantly reduced its position by 44.2%, selling 925 shares to hold a remaining stake worth $994,000. Conversely, major asset managers increased their holdings; Vanguard Group Inc. lifted its stake by 1.5% to own over 29 million shares valued at approximately $25.5 billion, while State Street Corp and Bank of America Corp also grew their positions. Analyst sentiment remains cautious with a consensus 'Hold' rating and an average target price of $960.68, which is below the recent trading price. Several major firms downgraded GS or cut price targets recently, including Weiss Ratings, Evercore, BNP Paribas Exane, and Zacks Research. However, UBS Group lifted its price objective to $940. The stock currently trades around $1,021 with a market capitalization of $301.34 billion. Financially, Goldman Sachs reported strong quarterly results in April, beating earnings estimates with $17.55 per share and revenue of $17.23 billion, up 14.4% year-over-year. The company maintains a dividend yield of 1.8% with an annualized payout of $18.00. Recent insider activity shows significant selling by executives Kathryn H. Ruemmler and CAO Sheara J. Fredman, who collectively sold shares worth over $31 million in the last quarter.