Consolidated Capital Management LLC Takes Position in The Goldman Sachs Group, Inc. $GS

31 May 2026, 06:13 by Amy Steele · The Cerbat Gem

Consolidated Capital Management LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 500 shares of the investment management company’s stock, valued at approximately $440,000.

Several other large investors have also added to or reduced their stakes in GS. Dagco Inc. acquired a new stake in The Goldman Sachs Group during the fourth quarter worth approximately $25,000. Manning & Napier Advisors LLC grew its stake in The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after purchasing an additional 23 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in The Goldman Sachs Group during the fourth quarter worth approximately $31,000. Entrust Financial LLC acquired a new stake in The Goldman Sachs Group during the fourth quarter worth approximately $34,000. Finally, Graney & King LLC grew its stake in The Goldman Sachs Group by 51.5% during the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock worth $35,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Key Headlines Impacting The Goldman Sachs Group

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

Positive Sentiment: Goldman Sachs said merger-and-acquisition activity is tracking toward near-record levels in 2026, potentially close to the 2021 boom, which would support higher investment banking fees and earnings. Goldman Sachs says on track for near-record M&A volumes in 2026
Positive Sentiment: The company also forecast record or near-record global M&A volumes next year, suggesting a stronger pipeline for advisory and underwriting revenue. GS Expects Record Global M&A in 2026: Will This Boost Its IB Business?
Positive Sentiment: Goldman’s bullish market commentary extended beyond dealmaking, with the firm raising its S&P 500 target to 8,000 on AI-driven earnings optimism, reinforcing a constructive outlook for capital markets activity. US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism
Neutral Sentiment: Goldman also presented at Bernstein’s Strategic Decisions Conference, but the transcript does not indicate any major new catalyst beyond the firm’s existing growth themes. The Goldman Sachs Group, Inc. (GS) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
Neutral Sentiment: The bank was also mentioned in a PB Fintech block deal as one of several institutional buyers, which is notable but likely not material enough on its own to move GS shares. PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy

Wall Street Analysts Forecast Growth

Several research firms recently commented on GS. Wells Fargo & Company decreased their target price on The Goldman Sachs Group from $1,050.00 to $1,000.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. HSBC raised their target price on The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. Jefferies Financial Group decreased their target price on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Dbs Bank raised their target price on The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. Finally, Weiss Ratings cut The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus target price of $943.95.

Get Our Latest Analysis on GS

Insiders Place Their Bets

In related news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction on Thursday, May 14th. The stock was 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 in the company, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction on Friday, May 1st. The stock was sold at an average price of $929.17, for a total value of $9,571,380.17. Following the sale, the chief accounting officer owned 6,338 shares in the company, valued at $5,889,079.46. This trade represents a 61.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 33,681 shares of company stock valued at $31,737,875. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group Stock Up 1.6%

GS stock opened at $1,024.02 on Friday. The Goldman Sachs Group, Inc. has a twelve month low of $592.17 and a twelve month high of $1,027.22. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89. The stock’s 50 day moving average is $913.37 and its 200-day moving average is $892.11. The firm has a market capitalization of $302.09 billion, a PE ratio of 18.71, a P/E/G ratio of 1.32 and a beta of 1.28.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The company had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. During the same quarter last year, the company earned $14.12 earnings per share. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. Sell-side analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

The Goldman Sachs Group Company Profile

(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.

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