First Pacific Financial Sells 1,474 Shares of The Goldman Sachs Group, Inc. $GS

First Pacific Financial reduced its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 79.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 380 shares of the investment management company’s stock after selling 1,474 shares during the period. First Pacific Financial’s holdings in The Goldman Sachs Group were worth $384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in GS. Turim 21 Investimentos Ltda. purchased a new position in The Goldman Sachs Group in the 1st quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $26,000. Manning & Napier Advisors LLC increased its stake in shares of The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after buying an additional 23 shares during the period. Steph & Co. purchased a new position in shares of The Goldman Sachs Group in the first quarter worth $27,000. Finally, Lifetime Wealth Management P.C. bought a new stake in The Goldman Sachs Group during the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 0.5%

GS stock opened at $1,042.17 on Friday. 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 company has a market capitalization of $303.45 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The business’s 50 day moving average price is $1,054.37 and its two-hundred day moving average price is $960.45. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47 by $6.51. The company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The firm’s revenue was up 39.4% on a year-over-year basis. During the same period in the previous year, the company posted $10.91 earnings per share. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on GS shares. Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Weiss Ratings upgraded shares of The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Bank of America upped their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,062.86.

Key The Goldman Sachs Group News

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

• Positive Sentiment: NEOS acquisition strengthens ETF strategy: Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion in cash and equity. NEOS manages approximately $30–$32 billion across 19 options-based income ETFs, including Bitcoin- and Ethereum-linked products. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. Goldman Sachs to buy ETF manager NEOS in $2.25bn deal
• Positive Sentiment: Potential for recurring fee growth: The deal expands Goldman Sachs Asset Management’s active and derivatives-based ETF capabilities, particularly products designed to generate income through options. It could lift Goldman’s active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, improving its competitive position in a rapidly growing segment. Will GS’s Push Into Options-Based ETFs Enhance Its Competitive Edge?
• Neutral Sentiment: Strong earnings provide a fundamental cushion: Goldman’s latest quarterly report substantially exceeded expectations, with earnings per share of $20.98 versus a $14.47 consensus estimate and revenue of $20.34 billion versus $16.22 billion expected. However, analysts are monitoring whether the earnings momentum can continue after the stock’s post-results pullback. Why Is Goldman Down 10% Since Last Earnings Report?
• Negative Sentiment: Acquisition and market risks remain: Paying as much as $2.25 billion for NEOS creates integration and return-on-investment risks, while crypto-linked and options-based ETFs may be more sensitive to volatility, investor demand and regulatory changes. Elevated interest rates, oil-market uncertainty and broader risk-off trading could also pressure Goldman’s investment-banking and trading businesses.

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.