Pacific Excel Wealth Advisors Inc. Makes New $983,000 Investment in The Goldman Sachs Group, Inc. $GS

Pacific Excel Wealth Advisors Inc. acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) during the second quarter, according to its most recent filing with the SEC. The firm acquired 972 shares of the investment management company’s stock, valued at approximately $983,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of The Goldman Sachs Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after acquiring an additional 418,820 shares during the period. State Street Corp increased its position in The Goldman Sachs Group by 2.1% in the fourth quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after purchasing an additional 394,198 shares during the period. Fisher Asset Management LLC raised its holdings in The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock worth $5,952,199,000 after purchasing an additional 110,134 shares during the last quarter. Geode Capital Management LLC raised its holdings in The Goldman Sachs Group by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock worth $5,896,795,000 after purchasing an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in The Goldman Sachs Group by 8.0% during the 1st quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock valued at $5,460,875,000 after purchasing an additional 476,977 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. The trade was a 18.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.55% of the stock is owned by company insiders.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: AI strategy supports longer-term growth. Goldman is embedding artificial intelligence across its operations to improve productivity, expand fee-based revenue and drive a broader firmwide transformation. Investors may view the strategy as a potential source of operating leverage and new business opportunities. Goldman’s AI Strategy: Transforming Operations and Unlocking New Growth
• Positive Sentiment: New reinsurance transaction highlights capital-markets activity. Goldman and Talcott completed a $1 billion capital raise tied to a reinsurance deal, reinforcing Goldman’s role in alternative capital formation and insurance-related transactions. Goldman Sachs and Talcott Close on $1B Capital Raise in Reinsurance Deal
• Positive Sentiment: Premium-income ETFs are gaining investor attention. Goldman’s GPIX and GPIQ reportedly compare favorably with JPMorgan’s JEPI and JEPQ on yield, fees and total returns, supporting the firm’s push to expand its retail-focused asset-management franchise. Goldman Sachs Premium Income ETFs Are Beating JPMorgan on Yield and Returns
• Positive Sentiment: Recent operating momentum remains a key support. Goldman’s latest reported quarter significantly exceeded consensus expectations for earnings and revenue, with revenue up sharply year over year. That performance helps underpin investor confidence despite the stock’s premium valuation.
• Neutral Sentiment: Fed communication and geopolitical risks could increase volatility. Goldman warned that reduced forward guidance from the Federal Reserve may leave markets with fewer reliable facts, potentially amplifying misinformation and instability. Separately, oil-market disruption and Iran-related uncertainty could create both trading opportunities and broader macroeconomic risks. Kevin Warsh Told Wall Street He’d Be Sharing Less
• Negative Sentiment: Valuation and AI-market concerns remain an overhang. Goldman strategists have cautioned that markets may be experiencing an “earnings bubble,” while other analysts warn that the AI rally shows characteristics of prior speculative episodes. A sharper market pullback could reduce trading, investment-banking and asset-management activity. Wall Street Bulls Are Starting to Admit the Earnings Bubble Is Real

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. 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. HSBC increased their price objective on shares of The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. Citigroup raised their price objective on shares of The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Jefferies Financial Group set a $1,299.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Finally, Wells Fargo & Company upped their target price on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $1,062.86.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $1,054.16 on Wednesday. The stock has a market cap of $310.99 billion, a PE ratio of 16.27, a price-to-earnings-growth ratio of 1.04 and a beta of 1.30. The stock has a 50-day moving average of $1,054.44 and a 200-day moving average of $956.16. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.11 and a quick ratio of 0.63. The Goldman Sachs Group, Inc. has a one year low of $705.55 and a one year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 18.59%. The firm had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter in the previous year, the company earned $10.91 earnings per share. The business’s revenue for the quarter was up 39.4% on a year-over-year basis. As a group, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders 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. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is 27.78%.

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.