Western Wealth Management LLC Boosts Stock Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Western Wealth Management increased its Goldman Sachs stake by 123.7% in the first quarter, bringing its holdings to 2,718 shares worth approximately $2.3 million. Institutional investors collectively own 71.21% of GS shares.
• Goldman Sachs reported a strong quarter, with EPS of $20.98 and revenue of $20.34 billion, surpassing estimates and representing 39.4% year-over-year revenue growth. The company also raised its quarterly dividend from $4.50 to $5.00 per share.
• Analysts remain broadly constructive but cautious: GS has a consensus “Hold” rating and an average price target of $1,061.43, while the stock recently opened at $1,019.17.

Western Wealth Management LLC boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 123.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,718 shares of the investment management company's stock after buying an additional 1,503 shares during the quarter. Western Wealth Management LLC's holdings in The Goldman Sachs Group were worth $2,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company's stock worth $25,503,685,000 after acquiring an additional 418,820 shares during the last quarter. State Street Corp boosted its position in The Goldman Sachs Group by 2.1% during the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company's stock valued at $17,197,444,000 after buying an additional 394,198 shares during the period. Fisher Asset Management LLC grew its holdings in The Goldman Sachs Group by 1.7% in the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company's stock worth $5,952,199,000 after acquiring an additional 110,134 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of The Goldman Sachs Group by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company's stock worth $5,896,795,000 after purchasing an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of The Goldman Sachs Group by 8.0% during the first quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company's stock valued at $5,460,875,000 after buying an additional 476,977 shares during the period. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: AI platform expands growth opportunities: Goldman Sachs Asset Management launched AlphaAI, led by Lou D’Ambrosio, to identify investment opportunities among companies benefiting from artificial intelligence. The initiative could support future fee revenue and strengthen Goldman’s position in a rapidly growing investment theme. Goldman Sachs launches AlphaAI to profit from AI winners hidden inside sectors
• Positive Sentiment: M&A leadership highlights advisory momentum: Goldman ranked first among North American M&A advisers by transaction value in the first half of 2026, advising on $437.7 billion of deals. Sustained deal activity is supportive of investment-banking revenue, although it may already be reflected in the stock following Goldman’s strong recent quarterly results. Goldman Sachs tops North America M&A advisers by value in H1 2026
• Positive Sentiment: Private-markets and community-finance activity broadens revenue sources: Goldman partnered with T. Rowe Price on a private-markets interval fund for retail investors and deployed $116 million toward the Syracuse affordable-housing redevelopment. These moves expand product distribution and demonstrate ongoing lending and investment activity. Goldman Sachs launches retail private markets fund
• Neutral Sentiment: Investment positions disclosed: Goldman reported a 3.29% stake in Qiagen and changes in its Ontex holdings. These regulatory filings indicate portfolio activity but do not directly change Goldman’s operating outlook. Goldman Sachs discloses stake in Qiagen
• Negative Sentiment: UK discrimination ruling creates legal and reputational pressure: Goldman was ordered to pay nearly £1.5 million, or about $2 million, to a former compliance manager. The financial cost is limited relative to Goldman’s scale, but the ruling adds regulatory, legal and reputational overhang. Goldman Sachs ordered to pay former compliance manager

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on GS shares. Evercore reiterated an "outperform" rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Citigroup lifted their price target on The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Wells Fargo & Company boosted their target price on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an "overweight" rating in a report on Wednesday, July 15th. Rothschild & Co Redburn lifted their target price on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a "neutral" rating in a report on Thursday, June 25th. Finally, UBS Group boosted their price target on The Goldman Sachs Group from $940.00 to $1,120.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $1,061.43.

The Goldman Sachs Group Stock Down 0.6%

The Goldman Sachs Group stock opened at $1,019.17 on Friday. The Goldman Sachs Group, Inc. has a 12 month low of $694.05 and a 12 month high of $1,153.99. The stock has a fifty day simple moving average of $1,052.62 and a two-hundred day simple moving average of $954.63. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 2.83. The firm has a market cap of $300.67 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 1.03 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The business had revenue of $20.34 billion for the quarter, compared to analysts' expectations of $16.22 billion. During the same quarter in the prior year, the business earned $10.91 EPS. The business's revenue for the quarter was up 39.4% compared to the same quarter last year. Equities analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's payout ratio is currently 27.78%.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 14,292 shares of the firm's stock in a transaction dated 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 trade represents a 47.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Denis P. Coleman sold 6,857 shares of the company's stock in a transaction dated 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 of the company's stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.55% of the stock is currently owned by corporate insiders.

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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