Shayne & Jacobs LLC Has $7.40 Million Position in The Goldman Sachs Group, Inc. $GS

Shayne & Jacobs LLC lessened its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 7.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 7,314 shares of the investment management company’s stock after selling 630 shares during the quarter. The Goldman Sachs Group comprises approximately 2.2% of Shayne & Jacobs LLC’s holdings, making the stock its 9th largest position. Shayne & Jacobs LLC’s holdings in The Goldman Sachs Group were worth $7,397,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Turim 21 Investimentos Ltda. bought a new position in The Goldman Sachs Group in the 1st quarter valued at about $25,000. Garton & Associates Financial Advisors LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $26,000. Manning & Napier Advisors LLC increased its stake in shares of 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 valued at $27,000 after acquiring an additional 23 shares during the period. Steph & Co. bought a new stake in The Goldman Sachs Group during the first quarter worth approximately $27,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in The Goldman Sachs Group in the fourth quarter worth approximately $29,000. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction dated 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 completion of 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $1,062.20 on Thursday. The Goldman Sachs Group, Inc. has a fifty-two week low of $705.55 and a fifty-two week high of $1,153.99. The firm’s 50 day simple moving average is $1,055.78 and its 200-day simple moving average is $956.78. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market cap of $313.36 billion, a P/E ratio of 16.39, a price-to-earnings-growth ratio of 1.07 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The firm had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same quarter last year, the business posted $10.91 EPS. The company’s revenue was up 39.4% on a year-over-year basis. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a $5.00 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.9%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 30.87%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group boosted their price objective on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a “neutral” rating in a research note on Monday. JPMorgan Chase & Co. boosted their price target on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Bank of America boosted their target price on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Finally, Daiwa Securities Group raised their target price on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $1,062.86.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Strong earnings and investment-banking activity: Goldman Sachs recently reported quarterly EPS of $20.98, substantially above the $14.47 consensus estimate, while revenue rose 39.4% year over year to $20.34 billion. Equity trading, mergers and acquisitions, and high-profile IPOs are cited as key drivers behind the stock’s recovery. Goldman Sachs stock doubles from Liberation Day lows
• Positive Sentiment: Bullish analyst outlook: A highly rated analyst has strongly endorsed GS following its blockbuster results, reinforcing expectations for continued earnings strength and supporting investor confidence. Five-Star Analyst Pounds the Table on Goldman Sachs Stock
• Positive Sentiment: Broader business expansion: Goldman is embedding artificial intelligence across its operations to improve productivity and expand fee-based revenue. Its premium-income ETFs are also reportedly outperforming comparable JPMorgan products on yield and returns, highlighting progress in asset and wealth management. Goldman’s AI Strategy
• Neutral Sentiment: Deal activity remains active: Goldman served as an underwriter for Twist Bioscience’s upsized equity offering and helped Attovia Therapeutics raise $289 million in an IPO. These transactions support advisory and underwriting revenue, although they do not directly change Goldman’s ownership or earnings outlook. Twist Bioscience Completes Upsized Public Equity Offering
• Negative Sentiment: Macro and valuation risks persist: Goldman’s forecasts for elevated oil prices amid the U.S.-Iran conflict and concerns that the AI rally may have bubble-like characteristics could increase market volatility and weigh on trading, deal activity and investor risk appetite. Goldman Sachs’ new oil price target

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.