Mufg Securities Americas Inc. Grows Holdings in The Goldman Sachs Group, Inc. $GS

Mufg Securities Americas Inc. grew its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 8.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,755 shares of the investment management company’s stock after purchasing an additional 731 shares during the quarter. Mufg Securities Americas Inc.’s holdings in The Goldman Sachs Group were worth $9,866,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GS. Audent Global Asset Management LLC lifted its position in shares of The Goldman Sachs Group by 10.1% during the 4th quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company’s stock valued at $4,604,000 after buying an additional 479 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in The Goldman Sachs Group in the 2nd quarter worth about $53,720,000. Oak Grove Capital LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth about $1,890,000. Nomura Asset Management Co. Ltd. raised its stake in The Goldman Sachs Group by 2.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 141,990 shares of the investment management company’s stock valued at $124,809,000 after acquiring an additional 3,653 shares during the period. Finally, Global Retirement Partners LLC raised its stake in The Goldman Sachs Group by 35.0% in the 4th quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company’s stock valued at $10,499,000 after acquiring an additional 3,098 shares during the period. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Stock Down 0.6%

GS stock opened at $1,034.35 on Friday. The stock has a 50-day simple moving average of $1,048.89 and a two-hundred day simple moving average of $968.57. The Goldman Sachs Group, Inc. has a twelve month low of $721.16 and a twelve month high of $1,153.99. The firm has a market capitalization of $301.17 billion, a PE ratio of 15.96, a PEG ratio of 1.06 and a beta of 1.30. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The firm had revenue of $20.34 billion for 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 for the quarter was up 39.4% on a year-over-year basis. During the same period in the prior year, the firm posted $10.91 earnings per share. On average, equities 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 company also recently declared 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 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s payout ratio is 27.78%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on GS shares. JPMorgan Chase & Co. increased their target price 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. HSBC raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Wells Fargo & Company upped their price target on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Finally, Wall Street Zen lowered shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,062.86.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs received a Zacks Rank #1 (Strong Buy), reflecting improving earnings expectations and the potential for continued momentum in its businesses. All You Need to Know About Goldman Rating Upgrade to Strong Buy
• Positive Sentiment: Brokerage sentiment remains supportive, with analysts assigning GS an average “Moderate Buy” recommendation. Goldman’s strong recent earnings performance and broadening presence in investment banking, asset management, ETFs and alternatives reinforce the long-term thesis. Goldman Sachs Given Average Recommendation of Moderate Buy
• Positive Sentiment: Goldman Sachs Alternatives led a $240 million funding round for Owner, an AI-focused platform serving local businesses. The deal highlights Goldman’s ability to generate alternative-investment activity and related fees, although the direct earnings impact is likely limited. Owner Raises 240 Million Led by Goldman Sachs Alternatives
• Neutral Sentiment: An AFM filing identified Goldman Sachs as a 2.97% shareholder in Qiagen. The disclosure demonstrates investment activity but does not by itself materially change Goldman’s operating outlook. Goldman Sachs Revealed as a Shareholder in Qiagen
• Negative Sentiment: GS is challenging proposed changes to the global systemically important bank (GSIB) capital surcharge. Higher required buffers could constrain returns, capital deployment and shareholder distributions if regulators adopt a tougher framework. Goldman Faces GSIB Capital Fight and SEC AI Fund Subpoenas
• Negative Sentiment: The SEC has subpoenaed Goldman and other major banks regarding margin lending to hedge fund Situational Awareness, which suffered a sharp loss during an AI-stock sell-off. The investigation raises compliance, leverage and potential litigation risks, though no wrongdoing has been established. SEC Probe Puts Wall Street Leverage Risk Back in Focus

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.