Capital World Investors 13F: Cuts GS Stake by $792M

Capital World Investors recently cut its stake in The Goldman Sachs Group, Inc. (NYSE: GS) by about 735,298 shares. This reduction reflects a 19.67% decrease, leaving the fund with 3,002,517 shares valued at approximately $3.3 billion, according to its latest 13F filing with the SEC for the period ending March 31, 2026.

What Changed in Capital World Investors's Goldman Sachs Position

Capital World Investors trimmed its holdings in Goldman Sachs from 3,737,815 shares to 3,002,517 shares, representing a decrease of 735,298 shares. This adjustment marks a 19.67% reduction in its position, now valued at around $3.3 billion.

Other Institutional Activity in Goldman Sachs

In other institutional moves, BlackRock, Inc. added 737,807 shares, bringing its total to 23,989,366 shares worth about $20.29 billion. State Street Corp reduced its holdings by 309,725 shares, ending with 19,255,058 shares valued at $16.29 billion. Vanguard Capital Management LLC established a new position with 18,386,634 shares, valued at $15.55 billion. Meanwhile, JPMorgan Chase & Co cut its holdings by 659,500 shares, leaving it with 7,215,462 shares worth $5.83 billion. Geode Capital Management, LLC increased its stake by 388,112 shares, totaling 7,114,833 shares valued at $6.01 billion.

The Goldman Sachs Group, Inc. Stock Up 22.6%

Shares of Goldman Sachs (NYSE: GS) recently traded around $1,099.14. The company boasts a market cap of $324.25 billion, with a P/E ratio of 20.08 and a forward P/E of 16.75. The stock's 52-week range has seen a low of $630.01 and a high of $1,121.95. Its 50-day moving average is $970.05, while the 200-day moving average sits at $874.81. With a beta of 1.291, Goldman Sachs shows moderate volatility compared to the market.

Recent Earnings

Goldman Sachs reported revenue of $61.53 billion, with a growth rate of 14.5%. The company achieved an EPS of $54.75, a net margin of 29.36%, and a return on equity of 14.55%. The next earnings report is scheduled for July 14, 2026.

Dividend

Goldman Sachs pays an annual dividend rate of $18.00, yielding 1.65%. The dividend payout ratio is 28.31%, reflecting its commitment to returning value to shareholders.

Insider Buying and Selling at The Goldman Sachs Group, Inc.

Several insiders at Goldman Sachs sold shares recently. On May 14, 2026, CFO Denis Coleman sold 6,857 shares at an average price of $973.55. Chief Legal Officer Kathryn Ruemmler sold 14,292 shares on May 6, 2026, at $939.07. CEO David Solomon also sold shares on May 1, 2026, totaling 3,470 shares at $930.70. Additionally, Chief Accounting Officer Sheara Fredman sold 10,301 shares at $929.17 on the same day.

Analysts Set New Price Targets

On June 12, 2026, JP Morgan maintained its 'hold' rating on Goldman Sachs with a price target of $900. Citigroup also maintained a 'hold' rating with a target of $930 on May 8, 2026. Meanwhile, Wells Fargo and B of A Securities continued to rate Goldman Sachs as a 'buy' with price targets of $1,000 and $1,050, respectively. The consensus among 20 analysts is a 'hold' rating, with a mean target price of $951.30.

About The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc., based in New York, NY, is a leading global financial institution offering a wide range of services in investment banking, securities, and investment management. With operations across the Americas, Europe, the Middle East, Africa, and Asia, Goldman Sachs serves corporations, financial institutions, governments, and individuals. The company is headed by CEO David M. Solomon and employs approximately 47,000 people worldwide.

Bottom Line

Capital World Investors recently reduced its stake in Goldman Sachs by nearly 20%, a move that reflects changing investment strategies. While 13F filings provide a snapshot of past holdings and are not predictive of future actions, they offer valuable insights into institutional sentiment. Investors often track these filings to gauge the confidence of big money managers in a stock's future.