The Goldman Sachs Group, Inc. $GS Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 3.9% during the third quarter, Holdings Channel reports. The firm owned 213,382 shares of the investment management company’s stock after buying an additional 7,924 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in The Goldman Sachs Group were worth $192,121,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Turim 21 Investimentos Ltda. bought a new position in The Goldman Sachs Group during the 1st quarter worth $25,000. Strive Financial Group LLC increased its position in The Goldman Sachs Group by 316.7% in the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after buying an additional 19 shares during the period. BOK Financial Private Wealth Inc. lifted its stake in The Goldman Sachs Group by 188.9% in the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after buying an additional 17 shares during the last quarter. Steph & Co. bought a new stake in The Goldman Sachs Group in the first quarter valued at $27,000. Finally, Cherry Tree Wealth Management LLC lifted its stake in The Goldman Sachs Group by 100.0% in the third quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock valued at $27,000 after buying an additional 15 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 9th. Oppenheimer cut shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Wells Fargo & Company cut their price objective on shares of The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating on the stock in a research report on Friday, September 25th. Bank of America boosted their target price on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Finally, Zacks Research lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $1,050.32.

The Goldman Sachs Group Stock Up 1.0%

Shares of The Goldman Sachs Group stock opened at $884.42 on Wednesday. The business’s fifty day moving average price is $968.62 and its two-hundred day moving average price is $991.00. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.10 and a quick ratio of 0.63. The company has a market capitalization of $257.52 billion, a P/E ratio of 12.72, a PEG ratio of 0.83 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 1-year low of $743.11 and a 1-year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.86 by $4.15. The company had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $16.83 billion. The Goldman Sachs Group had a return on equity of 19.55% and a net margin of 15.77%. The company’s revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $12.25 earnings per share. As a group, research analysts forecast that The Goldman Sachs Group, Inc. will post 70.26 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Wednesday, December 2nd will be issued a $5.00 dividend. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $20.00 annualized dividend and a yield of 2.3%. The Goldman Sachs Group’s dividend payout ratio is presently 28.76%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs agreed to acquire NEOS Investments, an actively managed and options-based ETF provider with approximately $30 billion in assets. The transaction could cost up to $2.25 billion and is viewed as a strategically attractive way for Goldman to expand its asset-management platform and diversify revenue toward fee-based businesses. Goldman Sachs NEOS Investments acquisition
• Positive Sentiment: Goldman is broadening its private-markets capabilities by exploring “evergreen” funds that would allow private-equity firms to hold assets for 10 to 15 years or longer. Such products could create additional advisory, financing and asset-management fees for GS. Goldman and Evercore evergreen funds
• Positive Sentiment: The bank continues to position tokenization as a growth opportunity across trading, payments and wealth management, potentially improving Goldman’s long-term technology and digital-asset revenue mix. Goldman Sachs tokenization strategy
• Neutral Sentiment: Goldman’s prime-brokerage data showed hedge funds reduced technology exposure at the fastest pace in at least a decade. The report may benefit GS’s trading and client-activity revenue, but it also highlights risk appetite and valuation concerns across markets. Hedge funds cut technology stocks
• Neutral Sentiment: Goldman still expects a potential year-end S&P 500 rally, which could support investment-banking, trading and asset-management activity, although the outlook remains vulnerable to technology-sector volatility. Goldman Sachs year-end market outlook
• Negative Sentiment: BMO Capital Markets lowered its GS price target to $950 from $970 and maintained a “Market Perform” rating, signaling limited near-term upside despite the stock’s valuation and strong latest earnings. BMO lowers Goldman Sachs price target
• Negative Sentiment: Goldman economists expect the U.S. housing market to remain weak through 2027 as mortgage rates above 7% suppress transactions and new construction. Prolonged housing weakness could weigh on consumer activity and related investment-banking businesses. Goldman Sachs housing market outlook

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individual investors. Its investment banking activities include advising on mergers and acquisitions, public and private offerings, restructurings and other strategic transactions.

Through its global markets businesses, Goldman Sachs helps clients buy and sell securities and other financial instruments and provides financing, risk management and market-making services.