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GS

The Goldman Sachs Group, Inc.

In the published model solve dated 2026-Q2, anchored at $1033.99, The Goldman Sachs Group, Inc. (GS) is priced for 22.3% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 3, 2026 from SEC EDGAR filings.

Published model solve
22.3% return on equity
Priced In
elevated
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Institutional ownership

2,920 institutional managers reported holding GS in 13F filings for the quarter ended 2026-03-31. Together they hold about 67% of the company; the top 10 hold 36%. 139 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 6.8M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (2.8 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

GS has cut its share count 13.4% over the past five years, spending $36.16B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 12 years straight; the current rate is $14.00 a share annually. Cash returned over the past three years: $13.53B in dividends and $27.86B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at GS over the trailing three years: 2023: 2 buys totaling $6k; 2024: 3 buys totaling $9k; 2025: 10 buys totaling $3.48M. 14 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

GS's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-04+3.4%-11.5%
2023-11-04-0.8%+17.9%
2024-02-24-0.3%+9.3%
2024-05-04+1.1%+6.1%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

GS's latest 8-K filings: 2026-08-11 (items 5.03, 9.01); 2026-07-27 (items 3.03, 5.03, 9.01); 2026-07-21 (items 9.01); 2026-07-20 (items 8.01); 2026-07-14 (items 2.02, 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

Compare GS

GS vs JPMAMP vs GSAPO vs GSBLK vs GSBX vs GSCME vs GS

Model solve date: 2026-Q2
Narrative composed: July 3, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.