1,000 Shares in The Goldman Sachs Group, Inc. $GS Acquired by Brasada Capital Management LP

Brasada Capital Management LP 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 1,000 shares of the investment management company’s stock, valued at approximately $1,011,000.

Several other institutional investors and hedge funds have also modified their holdings of GS. BlackRock Inc. purchased a new position in The Goldman Sachs Group during the second quarter valued at $24,172,123,000. State Street Corp raised its stake in shares of The Goldman Sachs Group by 2.1% in the fourth quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after buying an additional 394,198 shares during the period. Fisher Asset Management LLC lifted its position in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after buying an additional 110,134 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of The Goldman Sachs Group by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after acquiring an additional 45,266 shares during the period. Finally, Bank of America Corp DE bought a new stake in The Goldman Sachs Group during the 2nd quarter worth approximately $6,756,772,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Performance

NYSE GS opened at $1,040.49 on Friday. 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, Inc. has a 1-year low of $721.16 and a 1-year high of $1,153.99. The business has a 50 day simple moving average of $1,050.20 and a two-hundred day simple moving average of $968.10. The stock has a market capitalization of $302.96 billion, a PE ratio of 16.06, a P/E/G ratio of 1.05 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.47 by $6.51. The business had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The company’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same period in the prior year, the firm earned $10.91 EPS. On average, research analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS 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 given a dividend of $5.00 per share. 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 ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 27.78%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs’ latest quarterly results provide a strong fundamental backdrop: earnings per share reached $20.98, well above the $14.47 consensus estimate, while revenue rose 39.4% year over year to $20.34 billion. The firm also reported a 19.16% return on equity, reinforcing confidence in profitability and earnings momentum.
• Positive Sentiment: The bank continues to broaden its capital-markets and investment-management footprint through fixed-income issuance, ETFs, mutual funds, alternative investments and retail products. Goldman’s planned acquisition of NEOS is especially notable because the ETF firm recently posted 223.3% organic growth, potentially strengthening Goldman’s fee-based asset-management business. How Goldman Sachs’ Expanding Capital Markets Role and New Bond Issuances Could Reframe the GS Narrative
• Positive Sentiment: Goldman’s research activity remains supportive of market-related businesses: the firm raised its Nvidia price target after another strong report, which could benefit Goldman’s trading, investment-banking and technology-sector franchise if AI investment remains strong. Its investment in AI-video startup Higgsfield also provides exposure to emerging technology growth. Nvidia stock is climbing after another set of blockbuster results
• Neutral Sentiment: Goldman expects the Federal Reserve not to raise interest rates in September and argues that Treasury buybacks are unlikely to materially reduce long-term borrowing costs. These views may affect bond-market activity and client positioning, but their direct impact on GS earnings is uncertain. Goldman Says No September Hike
• Neutral Sentiment: Goldman executives warned that excessive reliance on artificial intelligence could weaken junior bankers’ analytical development. The comments highlight long-term workforce and execution risks, although they do not indicate an immediate financial impact. Goldman Sachs exec says AI is eroding bankers’ ability to think
• Negative Sentiment: Reports that the SEC subpoenaed Goldman Sachs and other major banks over margin lending to hedge fund Situational Awareness put leverage, collateral and risk-management practices back under scrutiny. The fund reportedly suffered a 67% drawdown during an AI-stock sell-off, creating potential regulatory, legal and reputational risks for GS. SEC Probe Puts Wall Street Leverage Risk Back in Focus

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. UBS Group upped their price target on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Jefferies Financial Group set a $1,299.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Barclays increased their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. CICC Research boosted their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Finally, BMO Capital Markets increased their target price on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.

The Goldman Sachs Group 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.