Pursue Wealth Partners LLC bought a new position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,325 shares of the investment management company’s stock, valued at approximately $1,340,000.
Several other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at $2,515,830,000. Bank of New York Mellon Corp acquired a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at $2,560,028,000. Corient Private Wealth LLC boosted its stake in The Goldman Sachs Group by 1,657.7% during the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock worth $2,282,312,000 after acquiring an additional 2,448,767 shares in the last quarter. International Assets Investment Management LLC bought a new position in The Goldman Sachs Group during the first quarter worth $2,024,921,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in The Goldman Sachs Group in the second quarter worth $974,380,000. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group Stock Performance
GS opened at $1,002.64 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17. The company’s fifty day moving average price is $1,054.38 and its two-hundred day moving average price is $963.86. The Goldman Sachs Group, Inc. has a 1-year low of $712.97 and a 1-year high of $1,153.99. The company has a market cap of $291.94 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.04 and a beta of 1.30.
The Goldman Sachs Group Increases Dividend
The firm also recently declared 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. This represents a $20.00 annualized dividend and a yield of 2.0%. 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. The Goldman Sachs Group’s payout ratio is 27.78%.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs agreed to acquire NEOS Investments, the issuer of income-focused ETFs including the NEOS Nasdaq-100 High Income ETF, for up to $2.25 billion. The transaction would expand Goldman’s ETF and wealth-management capabilities and could add recurring fee revenue, although the premium price raises execution and integration expectations. Goldman Sachs Just Paid $2.25 Billion for the Family Behind Your 14% Income Fund
- Positive Sentiment: Goldman is also buying LCN Capital Partners for up to $410 million. LCN oversees roughly $3 billion, and the deal broadens Goldman’s private real-estate and net-lease platform while supporting more durable, capital-light asset-management revenue. Goldman Sachs to buy LCN Capital Partners in up to $410 million deal
- Positive Sentiment: Goldman forecasts U.S. ETF inflows could exceed $2 trillion in 2026, driven by active, AI, thematic and leveraged products. That outlook supports the strategic rationale for the NEOS acquisition and Goldman’s broader asset-management push. Goldman Sachs’ $2 Trillion ETF Forecast Signals a New Era for AI, Active and Thematic Funds
- Neutral Sentiment: Goldman’s research projecting a $1.8 trillion global space economy by 2035 and its positive views on AI-related opportunities reinforce the firm’s market influence, but these forecasts have limited immediate impact on GS earnings. Elon Musk responds to Goldman Sachs’ bold space economy prediction
- Negative Sentiment: Reports indicate GS underperformed while the broader market advanced, suggesting investors may be taking profits or remaining cautious about valuation, acquisition costs and financial-sector exposure. Rising oil prices and escalating U.S.-Iran tensions could further pressure markets and increase volatility. Goldman Sachs Stock Sinks As Market Gains
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on GS. Rothschild & Co Redburn upped their price objective 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. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Bank of America boosted their target price on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Keefe, Bruyette & Woods upped their price target on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 15th. Finally, CICC Research increased their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Two research 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,062.86.
Get Our Latest Stock Report on The Goldman Sachs Group
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.
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