TD Waterhouse Canada Inc. Has $149.15 Million Stake in The Goldman Sachs Group, Inc. $GS

TD Waterhouse Canada Inc. boosted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 12.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 146,204 shares of the investment management company’s stock after purchasing an additional 15,608 shares during the period. TD Waterhouse Canada Inc.’s holdings in The Goldman Sachs Group were worth $149,151,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of The Goldman Sachs Group by 17.1% in the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC raised its position in The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after buying an additional 58 shares during the period. Sivia Capital Partners LLC raised its position in The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after buying an additional 735 shares during the period. Schnieders Capital Management LLC. lifted its stake in The Goldman Sachs Group by 9.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after acquiring an additional 70 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in The Goldman Sachs Group by 22.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock worth $1,522,000 after acquiring an additional 391 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Higher-rate environment supports trading revenue. Goldman Sachs shares benefited as the 10-year Treasury yield approached 4.8%. While higher rates can pressure valuations and deal financing, they can also increase fixed-income, currency and commodities trading activity—important businesses for GS. Goldman Rises as 4.8% Treasury Yield Tests Wall Street
• Positive Sentiment: Investors are rotating toward major banks. Expectations for rising rates, combined with concerns about potentially excessive AI spending and valuations, are directing capital toward large financial institutions. This broader sector rotation provides a favorable backdrop for GS. Expectations of Rising Rates and Worries About AI Have Investors Piling Into Big Bank Stocks
• Positive Sentiment: Stablecoin initiative creates a potential long-term growth opportunity. Goldman is among 21 global banks planning a regulated, U.S.-dollar-backed stablecoin targeted at cross-border payments, institutional settlement and digital-asset activity, with a potential 2027 launch. The project could expand Goldman’s payments and digital-finance capabilities, although near-term financial benefits remain uncertain. Goldman Sachs Targets 2027 Launch for a USD Stablecoin
• Neutral Sentiment: Goldman remains constructive on equities but more cautious tactically. The firm favors equities over credit over the next 12 months while warning that late-cycle risks could produce more defensive positioning and lower returns. This may support broad market activity but does not provide a direct earnings catalyst for GS. Goldman Sachs Favors Equities Over Credit as Late-Cycle Risks Build
• Negative Sentiment: Higher regulatory capital requirements remain a risk. Goldman expects rising G-SIB buffers and tighter excess-capital levels to cause large U.S. banks to moderate capital deployment, potentially limiting buybacks, dividends or other shareholder returns. Large U.S. Banks Face Rising G-SIB Buffers and Tighter Excess Capital

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GS. Dbs Bank lifted their target price on The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. BMO Capital Markets increased their price target on shares of The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 15th. Oppenheimer cut shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Keefe, Bruyette & Woods boosted their price objective 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 report on Wednesday, July 15th. 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 note on Thursday, July 16th. Two 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 assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,062.86.

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $1,038.67 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 Goldman Sachs Group, Inc. has a one year low of $727.15 and a one year high of $1,153.99. The business’s 50-day moving average price is $1,043.43 and its two-hundred day moving average price is $971.31. The company has a market capitalization of $302.43 billion, a P/E ratio of 16.03, a price-to-earnings-growth ratio of 1.02 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly 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 company had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The business’s quarterly revenue was up 39.4% on a year-over-year basis. During the same period last year, the business earned $10.91 EPS. Analysts anticipate 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be given a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s payout ratio is 30.87%.

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.