Myriad Asset Management Advisors LLC Acquires 919 Shares of The Goldman Sachs Group, Inc. $GS

Myriad Asset Management Advisors LLC raised its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 20.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,332 shares of the investment management company’s stock after buying an additional 919 shares during the quarter. The Goldman Sachs Group comprises 1.3% of Myriad Asset Management Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Myriad Asset Management Advisors LLC’s holdings in The Goldman Sachs Group were worth $5,393,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of GS. Guardian Investment Management increased its stake in The Goldman Sachs Group by 7.5% in the second quarter. Guardian Investment Management now owns 1,293 shares of the investment management company’s stock valued at $1,217,000 after acquiring an additional 90 shares during the period. West Paces Advisors Inc. bought a new position in The Goldman Sachs Group during the second quarter worth about $162,000. BankPlus Wealth Management LLC boosted its holdings in The Goldman Sachs Group by 4.7% during the second quarter. BankPlus Wealth Management LLC now owns 866 shares of the investment management company’s stock valued at $877,000 after purchasing an additional 39 shares in the last quarter. Ballast Inc. boosted its holdings in The Goldman Sachs Group by 52.7% during the second quarter. Ballast Inc. now owns 965 shares of the investment management company’s stock valued at $976,000 after purchasing an additional 333 shares in the last quarter. Finally, Regent Peak Wealth Advisors LLC grew its stake in shares of The Goldman Sachs Group by 7.0% in the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 838 shares of the investment management company’s stock valued at $848,000 after purchasing an additional 55 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. UBS Group increased their target price on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. BNP Paribas Exane lowered their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. CICC Research increased their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Dbs Bank lifted their price objective on The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Finally, Wells Fargo & Company boosted 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 note on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued 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 presently has an average rating of “Moderate Buy” and an average price target of $1,062.86.

The Goldman Sachs Group Stock Up 0.0%

Shares of GS opened at $1,034.85 on Thursday. The business’s fifty day moving average price is $1,055.39 and its two-hundred day moving average price is $959.59. The firm has a market capitalization of $301.32 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 1.05 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52 week low of $705.55 and a 52 week high of $1,153.99. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $16.22 billion. During the same quarter in the previous year, the company posted $10.91 earnings per share. The firm’s quarterly revenue was up 39.4% on a year-over-year basis. On average, analysts predict 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.9%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 27.78%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman agreed to acquire NEOS Investments for up to $2.25 billion. NEOS manages approximately $30 billion across 19 options-based income ETFs, including funds linked to Bitcoin and Ether. The transaction would strengthen Goldman Sachs Asset Management’s position in actively managed ETFs, a fast-growing segment focused on monthly income and downside management. Goldman Sachs to Acquire NEOS Investments
• Positive Sentiment: The deal could lift Goldman’s active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, following the earlier Innovator Capital acquisition. The scale may improve distribution, product breadth and recurring management-fee revenue. The transaction is expected to close in the first quarter of 2027, pending regulatory approval. Goldman’s Latest ETF Deal
• Positive Sentiment: Goldman is one of six major financial firms helping NVIDIA mobilize more than $500 billion of third-party capital for AI infrastructure. The initiative could generate financing, advisory and asset-management opportunities while deepening Goldman’s relationships with technology and institutional-investment clients. Goldman Sachs and NVIDIA AI Financing
• Neutral Sentiment: The ETF acquisition expands Goldman’s exposure to options-based and cryptocurrency-linked products, but the purchase price is substantial and the benefits depend on continued asset growth, investor demand and successful integration.
• Negative Sentiment: Goldman staff were reportedly named as suspects in a Brazil investigation involving a shareholder dispute at cancer-care company Oncoclínicas. The matter represents a potential legal and reputational risk, although no material financial impact was specified. Goldman Staff Named in Brazil Investigation

The Goldman Sachs Group 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.