Proficio Capital Partners LLC Raises Stock Holdings in The Goldman Sachs Group, Inc. $GS

Proficio Capital Partners LLC grew its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 17.2% in the second quarter, Holdings Channel reports. The fund owned 8,112 shares of the investment management company’s stock after buying an additional 1,192 shares during the quarter. Proficio Capital Partners LLC’s holdings in The Goldman Sachs Group were worth $8,204,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GS. Brighton Jones LLC raised its position in shares of The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after buying an additional 508 shares in the last quarter. Revolve Wealth Partners LLC grew its position in The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after acquiring an additional 58 shares in the last quarter. Sivia Capital Partners LLC grew its position in The Goldman Sachs Group by 90.1% in the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after acquiring an additional 735 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after acquiring an additional 70 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in The Goldman Sachs Group by 22.2% during the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock worth $1,522,000 after acquiring an additional 391 shares during the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs acquired the approximately $13 billion QQQI covered-call ETF, expanding its presence in high-income exchange-traded products. The fund’s roughly 14% yield could strengthen Goldman’s asset-management platform and generate additional fee revenue, although covered-call strategies may limit investor upside. Goldman Sachs Is Buying Into High Income ETFs
• Positive Sentiment: Goldman’s commodities analysts expect gold to reach $4,900 per troy ounce by the end of 2026. Continued strength in gold could support trading, market-making and advisory activity in Goldman’s commodities business, though the forecast itself does not directly change the company’s earnings outlook. Gold Is Up Nearly 30% in the Last Year
• Neutral Sentiment: Goldman is hosting or participating in several investor conferences, including events involving Valvoline, Chunghwa Telecom and Challenger. These announcements primarily promote client companies and do not represent new financial guidance for GS. Valvoline Goldman Sachs Conference
• Negative Sentiment: Goldman’s commentary on oil prices and potentially soaring diesel-refining margins highlights continuing commodity and economic uncertainty. Such volatility can weigh on investor sentiment toward financial stocks, even though it may also create trading opportunities for Goldman. Goldman Sachs Sends Message on Oil Prices

The Goldman Sachs Group Stock Down 0.6%

NYSE:GS opened at $1,027.28 on Tuesday. The company has a market cap of $299.11 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The Goldman Sachs Group, Inc. has a twelve month low of $721.16 and a twelve month high of $1,153.99. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17. The stock has a fifty day simple moving average of $1,047.34 and a 200-day simple moving average of $969.29.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results 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 firm had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The business’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same period in the prior year, the business posted $10.91 earnings per share. Analysts anticipate that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a $5.00 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 dividend on an annualized basis 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 payout ratio is currently 27.78%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on GS shares. Keefe, Bruyette & Woods raised their price objective on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a research note on Wednesday, July 15th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Barclays increased their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. HSBC upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” 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 issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average 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.