Waverly Advisors LLC Has $19.30 Million Holdings in The Goldman Sachs Group, Inc. $GS

Waverly Advisors LLC increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 5.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 22,810 shares of the investment management company’s stock after acquiring an additional 1,124 shares during the period. Waverly Advisors LLC’s holdings in The Goldman Sachs Group were worth $19,297,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GS. Entropy Technologies LP acquired a new stake in shares of The Goldman Sachs Group in the first quarter valued at about $8,240,000. Renaissance Technologies LLC acquired a new position in The Goldman Sachs Group during the first quarter valued at approximately $8,527,000. Bollard Group LLC boosted its position in The Goldman Sachs Group by 0.5% during the first quarter. Bollard Group LLC now owns 11,768 shares of the investment management company’s stock valued at $9,955,000 after purchasing an additional 63 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in The Goldman Sachs Group by 1.3% in the first quarter. Public Employees Retirement System of Ohio now owns 123,608 shares of the investment management company’s stock valued at $104,571,000 after purchasing an additional 1,625 shares in the last quarter. Finally, Klingman & Associates LLC increased its position in shares of The Goldman Sachs Group by 6.6% during the 1st quarter. Klingman & Associates LLC now owns 1,454 shares of the investment management company’s stock worth $1,230,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,059.81 on Monday. The company has a market cap of $312.65 billion, a P/E ratio of 16.36, a P/E/G ratio of 1.08 and a beta of 1.30. The firm’s fifty day moving average price is $1,047.33 and its two-hundred day moving average price is $951.94. The Goldman Sachs Group, Inc. has a one year low of $694.05 and a one year high of $1,153.99. 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 (NYSE:GS) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping the consensus estimate 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 business had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. During the same quarter in the previous year, the firm posted $10.91 EPS. The Goldman Sachs Group’s revenue was up 39.4% compared to the same quarter last year. Equities analysts expect that The Goldman Sachs Group, Inc. will post 68.83 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a $5.00 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 27.78%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on GS shares. HSBC increased their price objective on The Goldman Sachs Group from $729.00 to $765.00 in a report on Monday, May 4th. UBS Group upped their price target on shares of The Goldman Sachs Group from $940.00 to $1,120.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Keefe, Bruyette & Woods increased their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a research note on Wednesday, July 15th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Finally, Rothschild & Co Redburn upped their target price on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $1,061.43.

Insider Transactions at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 10,301 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the completion of the sale, the chief accounting officer directly owned 6,338 shares of the company’s stock, valued at approximately $5,889,079.46. This trade represents a 61.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $939.07, for a total value of $13,421,188.44. Following the completion of the sale, the insider owned 15,657 shares of the company’s stock, valued at $14,703,018.99. This trade represents a 47.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 31,450 shares of company stock worth $29,668,201. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs was highlighted on a momentum screen using the Driehaus strategy, with strong earnings and favorable price trends supporting the stock’s bullish setup. 3 High-Momentum Stocks to Buy Now Before They Surge
• Positive Sentiment: Investors are reacting to follow-up coverage on Goldman Sachs’ blowout Q2 results, with articles pointing to continued earnings momentum and the potential for further upside after the record quarter. What’s next for Goldman Sachs after its blowout Q2 earnings?
• Positive Sentiment: Goldman Sachs is expanding into private markets for wealthy clients, including access to pre-IPO opportunities, which could open a new revenue stream and strengthen its wealth-management franchise. Goldman Sachs Wants Its Wealthy Clients in on the Next SpaceX Before It Goes Public
• Positive Sentiment: Goldman Sachs’ CEO also backed the Senate’s CLARITY Act on crypto market structure, signaling support for clearer rules that could benefit its digital-asset and trading businesses over time. Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
• Neutral Sentiment: Goldman Sachs also appeared in several analyst and market commentary pieces calling it a strong momentum or long-term stock, reinforcing positive sentiment but without adding new hard catalysts. Goldman Sachs (GS) is a Great Momentum Stock: Should You Buy?
• Neutral Sentiment: Macro headlines about rising oil, inflation concerns, and a stronger dollar may be creating some offsetting caution for the broader market, though these are not Goldman-specific negatives. Global Inflation Angst Is Back With $100 Oil and More Tariffs

About The Goldman Sachs Group

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.