The Goldman Sachs Group, Inc. $GS Shares Sold by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec trimmed its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 24.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 209,998 shares of the investment management company’s stock after selling 67,431 shares during the period. Caisse de depot et placement du Quebec owned approximately 0.07% of The Goldman Sachs Group worth $212,386,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BlackRock Inc. bought a new position in shares of The Goldman Sachs Group in the second quarter valued at approximately $24,172,123,000. Norges Bank acquired a new stake in The Goldman Sachs Group in the fourth quarter worth approximately $2,515,830,000. Orange County Employees Retirement System bought a new position in The Goldman Sachs Group during the 2nd quarter valued at $69,537,544,000. Bank of New York Mellon Corp bought a new position in The Goldman Sachs Group during the 2nd quarter valued at $2,560,028,000. Finally, Corient Private Wealth LLC increased its position in shares of The Goldman Sachs Group by 1,657.7% during the 4th quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after purchasing an additional 2,448,767 shares during the period. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs’ planned acquisition of NEOS appears increasingly attractive after the ETF firm reported 223.3% organic growth over the past year, strengthening the case for Goldman’s expansion in high-growth, fee-generating investment products. Goldman Sachs’ NEOS Bet Looks Smart
• Positive Sentiment: GS and Intel backed AI video startup Higgsfield in a $400 million funding round valuing the company at $5.4 billion. The investment provides Goldman with exposure to corporate AI marketing demand, although the financial impact is likely to be limited near term. Goldman Sachs and Intel Back AI Video Startup
• Positive Sentiment: Recent fundamentals remain supportive: Goldman’s latest quarter produced a substantial earnings beat, revenue growth of nearly 40% year over year and a 19.16% return on equity, reinforcing confidence in its market-sensitive and fee-based businesses.
• Neutral Sentiment: Goldman analysts continue to influence investor sentiment across AI and technology markets, including a Street-high $328 price target for Nebius. These calls may support Goldman’s franchise and client activity but do not directly change GS earnings. Goldman Sets Street-High Nebius Price Target
• Negative Sentiment: The SEC reportedly subpoenaed Goldman and other major prime brokers over the collapse of leveraged AI hedge fund Situational Awareness. While Goldman’s strong balance sheet limits immediate solvency concerns, potential tighter margin rules, higher capital requirements or reduced leverage could pressure prime-brokerage revenue and market liquidity. Goldman Sachs and Banks Face Subpoenas Over AI Hedge Fund
• Negative Sentiment: Goldman executives’ warnings that excessive AI reliance could erode bankers’ reasoning skills highlight potential operational and talent risks as the firm expands artificial-intelligence use. Goldman Executive Warns of AI Cognitive Atrophy

The Goldman Sachs Group Price Performance

Shares of GS stock opened at $1,039.79 on Thursday. The stock’s fifty day simple moving average is $1,051.38 and its 200 day simple moving average is $967.32. The Goldman Sachs Group, Inc. has a one year low of $721.16 and a one year high of $1,153.99. The firm has a market cap of $302.76 billion, a price-to-earnings ratio of 16.05, a P/E/G ratio of 1.07 and a beta of 1.30. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.63 and a quick ratio of 0.63.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating the consensus estimate of $14.47 by $6.51. The company had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The firm’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $10.91 EPS. On average, analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current fiscal 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 paid a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase 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 is presently 27.78%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GS. Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Daiwa Securities Group boosted their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Weiss Ratings upgraded The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. Finally, Citigroup upped 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 report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.

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.