27,567 Shares in The Goldman Sachs Group, Inc. $GS Bought by Formuepleje A S

Formuepleje A S purchased a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 27,567 shares of the investment management company’s stock, valued at approximately $27,880,000. The Goldman Sachs Group comprises about 2.2% of Formuepleje A S’s portfolio, making the stock its 20th biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Turim 21 Investimentos Ltda. acquired a new stake in The Goldman Sachs Group during the first quarter worth approximately $25,000. Strive Financial Group LLC grew its position in shares of The Goldman Sachs Group by 316.7% during the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after buying an additional 19 shares during the period. BOK Financial Private Wealth Inc. increased its stake in shares of The Goldman Sachs Group by 188.9% in the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 17 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new position in shares of The Goldman Sachs Group during the 4th quarter valued at $26,000. Finally, Manning & Napier Advisors LLC boosted its stake in The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after acquiring an additional 23 shares in the last quarter. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Down 0.1%

GS stock opened at $1,038.01 on Monday. The Goldman Sachs Group, Inc. has a twelve month low of $727.15 and a twelve month high of $1,153.99. 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 stock’s 50 day moving average is $1,043.76 and its 200-day moving average is $972.24. The firm has a market capitalization of $302.24 billion, a PE ratio of 16.02, a P/E/G ratio of 1.05 and a beta of 1.29.

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 the consensus estimate of $14.47 by $6.51. The business had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The Goldman Sachs Group’s revenue was up 39.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $10.91 earnings per share. Sell-side analysts expect 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 announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a $5.00 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is currently 30.87%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Zacks Research raised The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Wells Fargo & Company increased their price target on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Barclays raised their price objective on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Finally, HSBC raised The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs is reportedly close to securing prominent roles in Anthropic’s potential blockbuster IPO, possibly valued near $2 trillion. Winning lead-advisor or underwriting mandates would generate fees and strengthen Goldman’s position in the rapidly expanding AI capital-markets business. Anthropic close to awarding Morgan Stanley and Goldman Sachs top roles in $2tn IPO
• Positive Sentiment: Reports that New York Knicks players and other professional athletes use Goldman’s wealth-management services highlight continued growth in its high-net-worth client franchise. The business could benefit from recurring advisory, investment-management and lending revenue as athlete wealth rises. Knicks Stars Stash Wealth With Goldman and Ex-Villanova Teammate
• Positive Sentiment: Goldman is among 21 financial institutions planning a regulated, U.S.-dollar-backed stablecoin targeted for launch in 2027. Institutional settlement and cross-border payment use cases could create longer-term transaction and infrastructure opportunities, although commercial benefits remain several years away. Goldman Sachs Targets 2027 Launch For A USD Stablecoin
• Neutral Sentiment: Goldman strategists say investors should expect more modest bond-market returns over the next 12 months. Higher yields can support trading activity and net interest income, but may also pressure asset valuations, financing demand and the investment-banking pipeline. Goldman Sachs sends strong warning to bond investors
• Negative Sentiment: Goldman warns that falling AI prices and intensifying competition could lead to compute-infrastructure oversupply. That raises risks for AI-related investments and could temper enthusiasm across technology markets, potentially affecting deal activity and investor risk appetite. Goldman Sachs Warns AI Stock Investors of New Risk
• Neutral Sentiment: Goldman’s planned Dallas campus is described as a long-term growth investment aimed at expanding talent and regional operations. The initiative supports the firm’s broader diversification but is unlikely to materially change near-term earnings. Goldman Sachs executive discusses Dallas campus

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.