Teamwork Financial Advisors LLC Sells 829 Shares of The Goldman Sachs Group, Inc. $GS

Teamwork Financial Advisors LLC cut its holdings in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 5.8% during the second quarter, Holdings Channel reports. The firm owned 13,531 shares of the investment management company’s stock after selling 829 shares during the quarter. The Goldman Sachs Group makes up 1.2% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 28th biggest holding. Teamwork Financial Advisors LLC’s holdings in The Goldman Sachs Group were worth $13,685,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GS. Audent Global Asset Management LLC lifted its stake in shares of The Goldman Sachs Group by 10.1% in 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 purchasing an additional 479 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of The Goldman Sachs Group by 3.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 215,482 shares of the investment management company’s stock valued at $189,409,000 after purchasing an additional 8,154 shares during the last quarter. Oak Grove Capital LLC bought a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $1,890,000. Nomura Asset Management Co. Ltd. raised its holdings in The Goldman Sachs Group by 2.6% during 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 buying an additional 3,653 shares during the period. Finally, Global Retirement Partners LLC lifted its position in The Goldman Sachs Group by 35.0% in the fourth quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company’s stock worth $10,499,000 after buying an additional 3,098 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on GS. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Dbs Bank raised their target price on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,062.86.

View Our Latest Report on The Goldman Sachs Group

Insider Buying and Selling

In other news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the completion of the sale, the chief financial officer owned 31,070 shares in the company, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Trading Up 0.8%

Shares of NYSE GS opened at $1,040.33 on Friday. The Goldman Sachs Group, Inc. has a twelve month low of $705.55 and a twelve month high of $1,153.99. The firm has a market cap of $302.91 billion, a PE ratio of 16.06, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The business has a fifty day simple moving average of $1,056.60 and a two-hundred day simple moving average of $957.86. 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:GSGet Free Report) last posted 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 business had revenue of $20.34 billion for 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 business’s revenue was up 39.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $10.91 EPS. Analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

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

The Goldman Sachs Group News Roundup

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

  • Positive Sentiment: HSBC upgraded GS to “strong-buy,” improving the stock’s analyst-rating backdrop and potentially attracting additional institutional interest. HSBC upgrades Goldman Sachs
  • Positive Sentiment: Goldman Sachs ranked as the leading M&A adviser in South and Central America during the first half of 2026, advising on three transactions valued at a combined $10.4 billion. The activity underscores continued strength in its advisory franchise and could support future fee revenue. Goldman Sachs tops South and Central America M&A rankings
  • Positive Sentiment: Goldman Sachs is serving as a joint book-running manager on several recent equity offerings, including Latigo Biotherapeutics’ upsized $345.6 million IPO and Braveheart Bio’s $382.5 million IPO. These mandates generate underwriting fees and highlight healthy demand for new-issue markets. Latigo Biotherapeutics IPO Braveheart Bio IPO
  • Neutral Sentiment: Goldman Sachs analysts identified European stocks with substantial potential upside, including Ceres Power. The research may reinforce the firm’s investment-research profile, but its direct impact on GS earnings is limited. Goldman Sachs European stock picks
  • Neutral Sentiment: Goldman Sachs BDC reported strong second-quarter investment income and declared dividends. The announcement benefits the Goldman Sachs-branded platform but applies primarily to Goldman Sachs BDC (NYSE: GSBD), not directly to GS. Goldman Sachs BDC second-quarter results
  • Negative Sentiment: Criticism of Goldman’s covered-call S&P 500 ETF focuses on fees and the quality of its income generation relative to lower-cost competitors. While the issue concerns an asset-management product rather than GS’s core businesses, it could create pressure on product competitiveness and investor sentiment. Goldman Sachs S&P 500 ETF fee criticism

About The Goldman Sachs Group

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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