National Pension Service Has $678.09 Million Stock Position in The Goldman Sachs Group, Inc. $GS

National Pension Service reduced its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 670,463 shares of the investment management company’s stock after selling 4,374 shares during the period. National Pension Service owned approximately 0.23% of The Goldman Sachs Group worth $678,086,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on GS. JPMorgan Chase & Co. boosted their price target on The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Weiss Ratings upgraded The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 6th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. CICC Research boosted their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Finally, HSBC upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,062.86.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Expanding Canadian wealth-management platform: Goldman’s deeper collaboration with IG Wealth Management broadens its Canadian distribution reach, increases assets under management and creates additional recurring fee opportunities. The deal aligns with GS’s strategy of diversifying beyond trading and investment banking. Goldman’s IG Deal Expands Canadian Wealth Reach and AWM Scale
• Positive Sentiment: Continued investment in AI: Goldman opened a Bellevue, Washington, engineering office for more than 125 employees focused on artificial intelligence and cloud transformation. The move could improve operating efficiency and strengthen the firm’s technology capabilities, although benefits are longer term. Goldman expands AI push with new engineering office in Bellevue
• Positive Sentiment: Asset-management scale remains a strategic priority: Goldman reportedly agreed to pay $2.25 billion for the firm behind a Bitcoin income fund. The acquisition could expand alternative-investment and fee-generating capabilities, though execution and cryptocurrency-related risks remain. Goldman Is Paying $2.25 Billion for the Firm Behind This Bitcoin Income Fund
• Neutral Sentiment: Oil outlook highlights both opportunity and risk: Goldman raised its crude-price forecasts and warned Brent could reach $120 if Strait of Hormuz shipping disruptions persist. Higher volatility may benefit Goldman’s commodities and trading businesses, but prolonged conflict could fuel inflation, delay interest-rate cuts and weaken dealmaking and market sentiment. Oil prices approach $100 as Middle East conflict flares
• Negative Sentiment: Geopolitical and market risks may be driving caution: Escalating U.S.-Iran tensions and potential Gulf supply disruptions increase uncertainty across global markets. These risks can pressure financial stocks even when they create trading opportunities, particularly given GS’s elevated valuation and recent gains.

The Goldman Sachs Group Stock Down 0.5%

Shares of GS opened at $1,030.86 on Thursday. 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 has a 50-day moving average price of $1,044.76 and a two-hundred day moving average price of $974.61. The stock has a market cap of $300.16 billion, a price-to-earnings ratio of 15.91, a P/E/G ratio of 1.05 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 12 month low of $740.01 and a 12 month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same period in the prior year, the company posted $10.91 EPS. The company’s revenue was up 39.4% compared to the same quarter last year. Equities analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 30.87%.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc (NYSE:GS) is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individuals. The company is headquartered in New York City and serves clients across North America, Europe, Asia-Pacific and other international markets.

Through its Global Banking & Markets segment, Goldman Sachs advises clients on mergers and acquisitions, capital raising, restructuring and other strategic transactions.