The Goldman Sachs Group, Inc. $GS Shares Purchased by Bank of New Hampshire

Bank of New Hampshire raised its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 83.9% in the third quarter, Holdings Channel reports. The fund owned 1,881 shares of the investment management company’s stock after purchasing an additional 858 shares during the quarter. Bank of New Hampshire’s holdings in The Goldman Sachs Group were worth $1,694,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Turim 21 Investimentos Ltda. acquired a new position in The Goldman Sachs Group during the 1st quarter worth approximately $25,000. Strive Financial Group LLC lifted its stake in The Goldman Sachs Group by 316.7% in the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock valued at $25,000 after purchasing an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. boosted its position in The Goldman Sachs Group by 188.9% in the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after buying an additional 17 shares in the last quarter. Steph & Co. acquired a new stake in The Goldman Sachs Group in the first quarter valued at approximately $27,000. Finally, Lifetime Wealth Management P.C. bought a new stake in shares of The Goldman Sachs Group during the fourth quarter worth $29,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Despite the pullback, Goldman Sachs’ valuation continues to offer potential upside. BMO’s $970 target and UBS’s $1,010 target remain above the recent trading level, suggesting analysts see recovery potential if earnings and capital-markets activity remain strong. BMO price-target report
• Positive Sentiment: Goldman’s research team remains constructive on broader equities, forecasting a possible record high for the S&P 500 by year-end. A stronger market could support Goldman’s trading, investment-banking, and asset-management businesses. Goldman Sachs S&P 500 outlook
• Neutral Sentiment: Goldman Sachs’ warnings that rising interest rates could worsen the U.S. debt burden—including a forecast that debt-to-GDP may reach 132% by 2035—highlight macroeconomic risks but do not directly change the company’s earnings outlook. Goldman Sachs U.S. debt warning
• Negative Sentiment: CEO David Solomon has indicated Goldman is not ready to raise its 14%–16% through-the-cycle return-on-equity target. That restraint suggests management sees limited near-term visibility for improving profitability and may weigh on valuation ahead of the company’s October 13 earnings report. Goldman Sachs ROE target analysis
• Negative Sentiment: Goldman Sachs and Man Group were identified as victims of an EY data breach. The disclosure adds reputational, cybersecurity, and potential remediation risks, although the financial impact is not yet clear. EY data-breach report
• Negative Sentiment: BMO lowered its price target to $970 and UBS cut its target to $1,010, with both firms maintaining neutral or market-perform views. The revisions reinforce concerns that the stock’s earnings growth and valuation recovery may take time. Goldman Sachs analyst-target updates

Analyst Ratings Changes

Several research analysts have recently issued reports on GS shares. Zacks Research downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. UBS Group cut their price objective on The Goldman Sachs Group from $1,150.00 to $1,010.00 and set a “neutral” rating on the stock in a report on Monday. JPMorgan Chase & Co. boosted their price objective on 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. Oppenheimer cut The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Finally, Weiss Ratings upgraded The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $1,055.60.

The Goldman Sachs Group Trading Up 0.5%

NYSE GS traded up $4.30 on Tuesday, hitting $897.76. The company’s stock had a trading volume of 2,048,461 shares, compared to its average volume of 2,203,163. 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, Inc. has a 1-year low of $740.01 and a 1-year high of $1,153.99. The company’s 50-day moving average is $1,000.26 and its 200 day moving average is $986.21. The firm has a market cap of $261.40 billion, a PE ratio of 13.86, a PEG ratio of 0.93 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The firm had revenue of $20.34 billion during 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 quarter last year, the firm earned $10.91 earnings per share. As a group, analysts predict that The Goldman Sachs Group, Inc. will post 68.4 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st were given a dividend of $5.00 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 2.2%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is 30.87%.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.