959 Shares in The Goldman Sachs Group, Inc. $GS Purchased by Dearborn Partners LLC

Dearborn Partners LLC bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 959 shares of the investment management company’s stock, valued at approximately $970,000.

Several other institutional investors also recently added to or reduced their stakes in GS. BlackRock Inc. bought a new position in The Goldman Sachs Group during the second quarter worth $24,172,123,000. State Street Corp raised its holdings in The Goldman Sachs Group by 2.1% in the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after acquiring an additional 394,198 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of The Goldman Sachs Group by 1.7% in the fourth quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after purchasing an additional 110,134 shares in the last quarter. Geode Capital Management LLC raised its position in The Goldman Sachs Group by 0.7% in the fourth 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 in the last quarter. Finally, Bank of America Corp DE bought a new position in shares of The Goldman Sachs Group during the second quarter valued at $6,756,772,000. 71.21% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GS. UBS Group increased their price objective on shares of 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. Oppenheimer lowered The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Weiss Ratings upgraded The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, Daiwa Securities Group upped their target price 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. Two equities research 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 given a Sell rating to the stock. According to MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Moderate Buy” and a consensus price target of $1,062.86.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs’ latest quarterly results provide a strong fundamental backdrop: earnings per share reached $20.98, well above the $14.47 consensus estimate, while revenue rose 39.4% year over year to $20.34 billion. The firm also reported a 19.16% return on equity, reinforcing confidence in profitability and earnings momentum.
• Positive Sentiment: The bank continues to broaden its capital-markets and investment-management footprint through fixed-income issuance, ETFs, mutual funds, alternative investments and retail products. Goldman’s planned acquisition of NEOS is especially notable because the ETF firm recently posted 223.3% organic growth, potentially strengthening Goldman’s fee-based asset-management business. How Goldman Sachs’ Expanding Capital Markets Role and New Bond Issuances Could Reframe the GS Narrative
• Positive Sentiment: Goldman’s research activity remains supportive of market-related businesses: the firm raised its Nvidia price target after another strong report, which could benefit Goldman’s trading, investment-banking and technology-sector franchise if AI investment remains strong. Its investment in AI-video startup Higgsfield also provides exposure to emerging technology growth. Nvidia stock is climbing after another set of blockbuster results
• Neutral Sentiment: Goldman expects the Federal Reserve not to raise interest rates in September and argues that Treasury buybacks are unlikely to materially reduce long-term borrowing costs. These views may affect bond-market activity and client positioning, but their direct impact on GS earnings is uncertain. Goldman Says No September Hike
• Neutral Sentiment: Goldman executives warned that excessive reliance on artificial intelligence could weaken junior bankers’ analytical development. The comments highlight long-term workforce and execution risks, although they do not indicate an immediate financial impact. Goldman Sachs exec says AI is eroding bankers’ ability to think
• Negative Sentiment: Reports that the SEC subpoenaed Goldman Sachs and other major banks over margin lending to hedge fund Situational Awareness put leverage, collateral and risk-management practices back under scrutiny. The fund reportedly suffered a 67% drawdown during an AI-stock sell-off, creating potential regulatory, legal and reputational risks for GS. SEC Probe Puts Wall Street Leverage Risk Back in Focus

The Goldman Sachs Group Trading Up 0.0%

GS stock opened at $1,040.49 on Friday. 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 company has a fifty day moving average price of $1,050.20 and a two-hundred day moving average price of $968.10. The Goldman Sachs Group, Inc. has a one year low of $721.16 and a one year high of $1,153.99. The stock has a market cap of $302.96 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30.

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 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 analyst estimates of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The company’s revenue was up 39.4% on a year-over-year basis. During the same period in the prior year, the firm earned $10.91 earnings per share. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a $5.00 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 27.78%.

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.