139,970 Shares in The Goldman Sachs Group, Inc. $GS Purchased by Nykredit A S

Key Points

• Nykredit A S acquired 139,970 Goldman Sachs shares during the second quarter, worth approximately $141.6 million. Institutional investors collectively own 71.21% of GS stock.
• Goldman Sachs reported quarterly EPS of $20.98, exceeding estimates by $6.51, while revenue rose 39.4% year over year to $20.34 billion. The company also increased its quarterly dividend to $5.00 per share, or $20.00 annualized.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $1,062.86, although softer FICC trading and higher expenses remain near-term risks.

Nykredit A S acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 139,970 shares of the investment management company's stock, valued at approximately $141,561,000.

Several other large investors have also recently made changes to their positions in the business. Strive Financial Group LLC raised its stake in The Goldman Sachs Group by 316.7% during the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company's stock valued at $25,000 after buying an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. grew its stake in shares of 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 worth $26,000 after acquiring an additional 17 shares during the last quarter. Turim 21 Investimentos Ltda. bought a new position in shares of The Goldman Sachs Group during the first quarter valued at $25,000. Steph & Co. purchased a new position in shares of The Goldman Sachs Group in the 1st quarter worth about $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of The Goldman Sachs Group in the 4th quarter worth about $29,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman is reportedly among 10 banks supporting a $22 billion chip-financing package for Crux AI, a cloud venture backed by Blackstone and Alphabet. The deal highlights Goldman’s role in financing capital-intensive artificial-intelligence infrastructure and could generate fees while strengthening its technology-finance franchise. Banks provide $22 billion chip loan to Blackstone and Alphabet cloud venture
• Positive Sentiment: Goldman Sachs Asset Management raised $11.7 billion for its latest private-equity effort, supporting the firm’s expansion in alternatives and private markets. Management says the fund targets companies that can remain attractive acquisition candidates for strategic buyers. Goldman eyes strategic buyers with $11.7 billion private-equity haul
• Neutral Sentiment: Goldman’s strategists are warning that unusually strong earnings expectations for AI-related stocks may be unsustainable. That view could benefit the bank’s research credibility, but it also reinforces concerns about elevated valuations across markets. Goldman strategist adds data to earnings-bubble warning
• Neutral Sentiment: Goldman expects the Federal Reserve to raise rates another 25 basis points in October, reversing its prior forecast. Higher rates may support some market opportunities, but could also weigh on deal activity, market valuations and client risk appetite. Goldman Sachs sees Fed raising rates again in October
• Negative Sentiment: CEO David Solomon said fixed-income, currencies and commodities trading is softer than in recent quarters, while expenses are running higher. Analysts warn that weaker FICC revenue and rising costs could offset a healthy investment-banking pipeline, creating the main near-term earnings overhang. Goldman CEO warns of higher costs and softness in fixed income

The Goldman Sachs Group Trading Up 1.3%

Shares of NYSE:GS opened at $950.38 on Friday. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a market capitalization of $276.72 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 0.95 and a beta of 1.29. The stock's 50-day simple moving average is $1,038.27 and its two-hundred day simple moving average is $977.96. The Goldman Sachs Group, Inc. has a 52-week low of $740.01 and a 52-week high of $1,153.99.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating analysts' consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The business had revenue of $20.34 billion during the quarter, compared to analysts' expectations of $16.22 billion. During the same period in the prior year, the company earned $10.91 earnings per share. The firm's revenue was up 39.4% on a year-over-year basis. Analysts expect 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 announced 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. This represents a $20.00 annualized dividend and a yield of 2.1%. This is a boost 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 (DPR) is presently 30.87%.

Wall Street Analyst Weigh In

Several analysts recently commented on GS shares. Barclays increased their price objective on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their target price on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a "neutral" rating in a report on Wednesday, July 15th. Evercore reiterated an "outperform" rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Rothschild & Co Redburn raised their price target on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a "neutral" rating in a research report on Thursday, June 25th. Finally, UBS Group upped their price objective on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,062.86.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc NYSE: GS is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individuals. The company is headquartered in New York City and serves clients across North America, Europe, Asia-Pacific and other international markets.

Through its Global Banking & Markets segment, Goldman Sachs advises clients on mergers and acquisitions, capital raising, restructuring and other strategic transactions.

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