Susquehanna Fundamental Investments LLC bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,587 shares of the investment management company’s stock, valued at approximately $7,673,000.
A number of other institutional investors have also recently bought and sold shares of GS. Brighton Jones LLC boosted its stake in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after purchasing an additional 508 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after buying an additional 58 shares in the last quarter. Sivia Capital Partners LLC raised its position in The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after buying an additional 735 shares during the period. Schnieders Capital Management LLC. grew its stake in The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after acquiring an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its position 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 valued at $1,522,000 after purchasing an additional 391 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Trading Down 0.6%
Shares of NYSE GS opened at $1,027.28 on Tuesday. The Goldman Sachs Group, Inc. has a twelve month low of $721.16 and a twelve month high of $1,153.99. The stock has a market cap of $299.11 billion, a price-to-earnings ratio of 15.86, a P/E/G ratio of 1.05 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 company’s fifty day moving average is $1,047.34 and its 200-day moving average is $969.29.
The Goldman Sachs Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be given a $5.00 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s payout ratio is presently 27.78%.
Trending Headlines about The Goldman Sachs Group
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
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on GS shares. Wall Street Zen cut shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. BMO Capital Markets raised their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company a “market perform” rating in a report on Wednesday, July 15th. Morgan Stanley set a $1,145.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Finally, Daiwa Securities Group increased their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,062.86.
Check Out Our Latest Research Report on GS
The Goldman Sachs Group Company 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.
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