Stonebridge Capital Management Inc. Makes New Investment in The Goldman Sachs Group, Inc. $GS

Stonebridge Capital Management Inc. bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 1,075 shares of the investment management company’s stock, valued at approximately $1,087,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of GS. Pure Financial Advisors LLC purchased a new stake in The Goldman Sachs Group in the 2nd quarter worth approximately $1,625,000. Transamerica Financial Advisors LLC bought a new stake in The Goldman Sachs Group in the 2nd quarter valued at $6,130,000. Corient Private Wealth LP purchased a new stake in shares of The Goldman Sachs Group in the second quarter worth about $161,907,000. Perennial Investment Advisors LLC bought a new position in The Goldman Sachs Group during the second quarter valued at approximately $1,062,000. Finally, Philadelphia Investment Partners LLC purchased a new position in The Goldman Sachs Group during the 2nd quarter valued at approximately $85,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

The Goldman Sachs Group stock opened at $1,039.79 on Thursday. The stock has a market cap of $302.76 billion, a price-to-earnings ratio of 16.05, a price-to-earnings-growth ratio of 1.07 and a beta of 1.30. The firm has a 50-day moving average of $1,051.38 and a two-hundred day moving average of $967.32. The Goldman Sachs Group, Inc. has a 1 year low of $721.16 and a 1 year high of $1,153.99. 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 Goldman Sachs Group (NYSE:GS) last posted 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 firm had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The company’s revenue was up 39.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $10.91 earnings per share. On average, research analysts forecast that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently announced 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. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 27.78%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs’ planned acquisition of NEOS appears increasingly attractive after the ETF firm reported 223.3% organic growth over the past year, strengthening the case for Goldman’s expansion in high-growth, fee-generating investment products. Goldman Sachs’ NEOS Bet Looks Smart
• Positive Sentiment: GS and Intel backed AI video startup Higgsfield in a $400 million funding round valuing the company at $5.4 billion. The investment provides Goldman with exposure to corporate AI marketing demand, although the financial impact is likely to be limited near term. Goldman Sachs and Intel Back AI Video Startup
• Positive Sentiment: Recent fundamentals remain supportive: Goldman’s latest quarter produced a substantial earnings beat, revenue growth of nearly 40% year over year and a 19.16% return on equity, reinforcing confidence in its market-sensitive and fee-based businesses.
• Neutral Sentiment: Goldman analysts continue to influence investor sentiment across AI and technology markets, including a Street-high $328 price target for Nebius. These calls may support Goldman’s franchise and client activity but do not directly change GS earnings. Goldman Sets Street-High Nebius Price Target
• Negative Sentiment: The SEC reportedly subpoenaed Goldman and other major prime brokers over the collapse of leveraged AI hedge fund Situational Awareness. While Goldman’s strong balance sheet limits immediate solvency concerns, potential tighter margin rules, higher capital requirements or reduced leverage could pressure prime-brokerage revenue and market liquidity. Goldman Sachs and Banks Face Subpoenas Over AI Hedge Fund
• Negative Sentiment: Goldman executives’ warnings that excessive AI reliance could erode bankers’ reasoning skills highlight potential operational and talent risks as the firm expands artificial-intelligence use. Goldman Executive Warns of AI Cognitive Atrophy

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GS. Rothschild & Co Redburn boosted their price target on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Wall Street Zen lowered The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Bank of America lifted their target price on 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. Daiwa Securities Group increased their price target on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Finally, Oppenheimer lowered shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research note on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.

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.