1,978 Shares in The Goldman Sachs Group, Inc. $GS Acquired by Pin Oak Investment Advisors Inc.

Key Points

• Pin Oak Investment Advisors acquired 1,978 Goldman Sachs shares worth approximately $2 million, while institutional investors collectively own 71.21% of GS.
• Goldman Sachs reported strong quarterly results, with EPS of $20.98 and revenue of $20.34 billion, surpassing estimates and reflecting 39.4% year-over-year revenue growth.
• The company raised its quarterly dividend to $5.00 per share, while analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86; regulatory capital requirements and an SEC margin-lending probe remain key risks.

Pin Oak Investment Advisors Inc. acquired a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,978 shares of the investment management company's stock, valued at approximately $2,000,000. The Goldman Sachs Group makes up about 1.0% of Pin Oak Investment Advisors Inc.'s portfolio, making the stock its 26th biggest position.

Several other large investors also recently added to or reduced their stakes in GS. BlackRock Inc. bought a new position in shares of The Goldman Sachs Group during the 2nd quarter valued at $24,172,123,000. Bank of America Corp DE bought a new stake in The Goldman Sachs Group in the second quarter worth $6,756,772,000. Norges Bank acquired a new position in The Goldman Sachs Group during the fourth quarter worth $2,515,830,000. Orange County Employees Retirement System bought a new position in The Goldman Sachs Group during the second quarter valued at about $69,537,544,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of The Goldman Sachs Group in the second quarter worth about $2,560,028,000. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Down 0.6%

Shares of NYSE GS opened at $1,034.35 on Friday. The business has a fifty day moving average of $1,048.89 and a two-hundred day moving average of $968.57. 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 Goldman Sachs Group, Inc. has a 52-week low of $721.16 and a 52-week high of $1,153.99. The stock has a market cap of $301.17 billion, a PE ratio of 15.96, a PEG ratio of 1.06 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The firm had revenue of $20.34 billion during 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 quarterly revenue was up 39.4% on a year-over-year basis. During the same period last year, the firm posted $10.91 EPS. As a group, equities research 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders 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. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group's payout ratio is presently 27.78%.

Analyst Ratings Changes

Several equities analysts have commented on GS shares. Wells Fargo & Company increased their price target on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an "overweight" rating in a report on Wednesday, July 15th. Keefe, Bruyette & Woods boosted their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 15th. Wall Street Zen lowered The Goldman Sachs Group from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. Finally, HSBC upgraded The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,062.86.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs received a Zacks Rank #1 (Strong Buy), reflecting improving earnings expectations and the potential for continued momentum in its businesses. All You Need to Know About Goldman Rating Upgrade to Strong Buy
• Positive Sentiment: Brokerage sentiment remains supportive, with analysts assigning GS an average “Moderate Buy” recommendation. Goldman’s strong recent earnings performance and broadening presence in investment banking, asset management, ETFs and alternatives reinforce the long-term thesis. Goldman Sachs Given Average Recommendation of Moderate Buy
• Positive Sentiment: Goldman Sachs Alternatives led a $240 million funding round for Owner, an AI-focused platform serving local businesses. The deal highlights Goldman’s ability to generate alternative-investment activity and related fees, although the direct earnings impact is likely limited. Owner Raises 240 Million Led by Goldman Sachs Alternatives
• Neutral Sentiment: An AFM filing identified Goldman Sachs as a 2.97% shareholder in Qiagen. The disclosure demonstrates investment activity but does not by itself materially change Goldman’s operating outlook. Goldman Sachs Revealed as a Shareholder in Qiagen
• Negative Sentiment: GS is challenging proposed changes to the global systemically important bank (GSIB) capital surcharge. Higher required buffers could constrain returns, capital deployment and shareholder distributions if regulators adopt a tougher framework. Goldman Faces GSIB Capital Fight and SEC AI Fund Subpoenas
• Negative Sentiment: The SEC has subpoenaed Goldman and other major banks regarding margin lending to hedge fund Situational Awareness, which suffered a sharp loss during an AI-stock sell-off. The investigation raises compliance, leverage and potential litigation risks, though no wrongdoing has been established. SEC Probe Puts Wall Street Leverage Risk Back in Focus

The Goldman Sachs Group Company 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.

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