The Goldman Sachs Group, Inc. $GS Shares Sold by Diversified Management Inc.

Key Points

• Diversified Management Inc. cut its Goldman Sachs stake by 85.3% in the second quarter, selling 4,173 shares and retaining 722 shares valued at approximately $730,000. Institutional investors and hedge funds collectively own 71.21% of GS.
• Goldman Sachs reported quarterly EPS of $20.98, surpassing the $14.47 consensus estimate, while revenue rose 39.4% year over year to $20.34 billion. The company also increased its quarterly dividend to $5.00, equivalent to a 1.9% annualized yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86, although ratings range from “overweight” to “underperform.” Goldman’s growth prospects include AI infrastructure financing and strong investment-banking activity, while legal allegations in Brazil and risks from excessive AI spending remain concerns.

Diversified Management Inc. decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 85.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 722 shares of the investment management company's stock after selling 4,173 shares during the period. Diversified Management Inc.'s holdings in The Goldman Sachs Group were worth $730,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Generali Investments Management Co LLC increased its stake in shares of The Goldman Sachs Group by 21.4% in the 2nd quarter. Generali Investments Management Co LLC now owns 2,632 shares of the investment management company's stock valued at $2,662,000 after purchasing an additional 464 shares in the last quarter. E. Ohman J or Asset Management AB raised its holdings in The Goldman Sachs Group by 0.8% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 10,361 shares of the investment management company's stock worth $10,479,000 after purchasing an additional 80 shares during the period. Fulton Bank N.A. boosted its position in The Goldman Sachs Group by 0.4% during the second quarter. Fulton Bank N.A. now owns 3,516 shares of the investment management company's stock worth $3,556,000 after purchasing an additional 15 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in The Goldman Sachs Group by 79.2% during the second quarter. Revolve Wealth Partners LLC now owns 1,505 shares of the investment management company's stock worth $1,522,000 after purchasing an additional 665 shares in the last quarter. Finally, Centurion Wealth Management LLC grew its holdings in The Goldman Sachs Group by 4.8% in the second quarter. Centurion Wealth Management LLC now owns 349 shares of the investment management company's stock valued at $353,000 after purchasing an additional 16 shares during the period. Institutional investors and hedge funds own 71.21% of the company's stock.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs is partnering with NVIDIA and major investment firms—including BlackRock, Blackstone, Apollo, Brookfield and KKR—to help mobilize more than $500 billion in third-party capital for AI infrastructure. The initiative could create fee opportunities in investment banking, capital markets, asset management and financing, while strengthening Goldman’s position in a rapidly expanding market. Nvidia Taps Blackrock, Goldman Sachs, Blackstone to Mobilize $500B for AI
• Positive Sentiment: Goldman continues to benefit from strong investment-banking momentum. Its leadership in mergers and acquisitions, a record backlog, and rising stock issuance linked to AI spending could support advisory and underwriting revenue. The bank also ranked first among advisers on Middle East and Africa M&A transactions in the first half of 2026. Goldman's M&A Leadership Bodes Well
• Neutral Sentiment: Goldman redeemed all outstanding shares of its 3.65% fixed-rate preferred stock and updated certain incorporation terms. The action is a balance-sheet and capital-structure matter, but no immediate earnings impact was indicated. Goldman Sachs Updates Preferred Stock and Incorporation Terms
• Neutral Sentiment: Analyst commentary describes GS as supported by earnings, cash flow and favorable profitability metrics, but closer to fair value after a roughly 228.6% three-year advance. That suggests solid fundamentals, while also raising the bar for further gains.
• Negative Sentiment: Brazilian police reportedly accused two Goldman representatives of fraud in a dispute involving minority shareholders and a tender offer for cancer-care company Oncoclínicas. The allegations are not a finding of liability, but could create legal, regulatory and reputational exposure. Brazilian police accuse Goldman executives of fraud over Oncoclinicas tender offer
• Negative Sentiment: Goldman warned that accelerating AI investment may crowd out other corporate spending, although it found limited evidence of that effect so far. The warning highlights execution and credit risks surrounding the broader AI financing boom.

Analyst Ratings Changes

A number of research firms have recently commented on GS. Barclays boosted their price objective on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. Evercore reiterated an "outperform" rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Keefe, Bruyette & Woods boosted their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the stock a "market perform" rating in a report on Wednesday, July 15th. Finally, Oppenheimer cut shares of The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a research report on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, The Goldman Sachs Group currently has an average rating of "Moderate Buy" and an average price target of $1,062.86.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,032.74 on Wednesday. The Goldman Sachs Group, Inc. has a 12 month low of $705.55 and a 12 month high of $1,153.99. The stock has a 50 day moving average of $1,055.59 and a two-hundred day moving average of $959.02. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17. The firm has a market cap of $300.70 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating analysts' consensus estimates of $14.47 by $6.51. The business had revenue of $20.34 billion during the quarter, compared to analysts' expectations of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The business's revenue was up 39.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $10.91 earnings per share. On average, analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a $5.00 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.9%. This is an increase from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's dividend payout ratio is currently 27.78%.

Insider Buying and Selling

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the firm's stock in a transaction on 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 transaction, the chief financial officer owned 31,070 shares in the company, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Company 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.

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