Whalen Wealth Management Inc. Purchases New Position in The Goldman Sachs Group, Inc. $GS

04 Apr 2026, 08:44 by Teresa Graham · The Cerbat Gem

Whalen Wealth Management Inc. acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 952 shares of the investment management company’s stock, valued at approximately $836,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Dagco Inc. purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth $25,000. Harbor Capital Advisors Inc. purchased a new stake in shares of The Goldman Sachs Group during the third quarter valued at $26,000. First PREMIER Bank bought a new stake in The Goldman Sachs Group in the 3rd quarter worth about $28,000. Corundum Trust Company INC purchased a new position in The Goldman Sachs Group in the 3rd quarter worth about $29,000. Finally, Elevation Wealth Partners LLC raised its position in The Goldman Sachs Group by 100.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 40 shares of the investment management company’s stock worth $32,000 after buying an additional 20 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

GS has been the subject of several research reports. BNP Paribas Exane increased their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Keefe, Bruyette & Woods lifted their target price on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research report on Friday, January 16th. Wells Fargo & Company boosted their target price on shares of The Goldman Sachs Group from $970.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. Finally, HSBC cut their price objective on The Goldman Sachs Group from $802.00 to $729.00 in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $929.52.

Get Our Latest Stock Report on The Goldman Sachs Group

The Goldman Sachs Group Stock Up 0.1%

GS opened at $863.92 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $984.70. The company has a market capitalization of $254.85 billion, a PE ratio of 16.84, a PEG ratio of 1.13 and a beta of 1.32. The firm’s 50 day simple moving average is $874.90 and its two-hundred day simple moving average is $850.60.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The firm had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $11.95 EPS. As a group, equities analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 2nd were given a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 2.1%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date was Monday, March 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 35.09%.

Key The Goldman Sachs Group News

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

Positive Sentiment: Goldman finalized its purchase of Innovator, expanding its ETF lineup and adding substantial defined‑outcome ETF assets — a move that immediately enlarges GSAM’s product shelf and recurring fee base. Goldman Sachs Buys Innovator, Adds $31 Billion In Defined Outcome ETFs
Positive Sentiment: Fee‑rich advisory and capital‑markets activity: Goldman is advising on Golar LNG strategic alternatives, participating in SpaceX’s planned IPO underwriting and has been issuing new debt — all actions that support near‑term fee revenue and demonstrate deal flow. Should Goldman’s Expanding LNG and Space Deals Plus New Debt Issuance Require Action From Goldman Sachs (GS) Investors?
Neutral Sentiment: Goldman’s prime brokerage data show hedge funds rapidly cutting global equity exposure — this highlights market volatility that can reduce trading volumes/seasonality but also boosts demand for risk‑management services. Hedge funds bail from global stocks at fastest pace in 13 years
Neutral Sentiment: Goldman disclosed sizable institutional spot XRP ETF holdings (~$153.8M across funds), signalling continued crypto exposure in its asset/wealth business; this may attract inflows but also regulatory/market volatility. XRP Price Prediction: Goldman Sachs Holds $153M in XRP ETFs
Negative Sentiment: Analyst pressure: Morgan Stanley trimmed its price target on GS, reflecting mixed views on near‑term valuation and earnings cadence — a catalyst that can sap momentum among institutional holders. Morgan Stanley Cuts The Goldman Sachs Group (NYSE:GS) Price Target to $1,021.00
Negative Sentiment: HSBC published a pessimistic forecast on GS stock, adding to mixed analyst sentiment and potential selling pressure from cautious investors. HSBC Issues Pessimistic Forecast for The Goldman Sachs Group (NYSE:GS) Stock Price
Negative Sentiment: Security concerns in Europe: Paris offices were warned and some staff told to work from home after reported threats — an operational and reputational headwind that can briefly unsettle investors. Goldman and Citi tell Paris staff to work from home after thwarted BofA attack

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 11,623 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $941.57, for a total value of $10,943,868.11. Following the completion of the sale, the chief financial officer owned 29,342 shares in the company, valued at $27,627,546.94. This represents a 28.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the transaction, the executive vice president directly owned 39,007 shares in the company, valued at $37,408,883.21. This trade represents a 25.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,283 shares of company stock valued at $112,016,033 in the last ninety days. 0.55% of the stock is currently owned by company insiders.

About The Goldman Sachs Group

(Free Report)

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.