4,669 Shares in The Goldman Sachs Group, Inc. $GS Bought by Focused Wealth Management Inc

Focused Wealth Management Inc acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,669 shares of the investment management company's stock, valued at approximately $4,722,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GS. Audent Global Asset Management LLC grew its stake in shares of The Goldman Sachs Group by 10.1% in the fourth quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company's stock worth $4,604,000 after acquiring an additional 479 shares during the last quarter. Oak Grove Capital LLC purchased a new position in shares of The Goldman Sachs Group in the 4th quarter worth about $1,890,000. Nomura Asset Management Co. Ltd. boosted its stake in The Goldman Sachs Group by 2.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 141,990 shares of the investment management company's stock worth $124,809,000 after purchasing an additional 3,653 shares in the last quarter. Global Retirement Partners LLC boosted its stake in The Goldman Sachs Group by 35.0% in the 4th quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company's stock worth $10,499,000 after purchasing an additional 3,098 shares in the last quarter. Finally, New Age Alpha Advisors LLC grew its position in The Goldman Sachs Group by 92.4% during the 4th quarter. New Age Alpha Advisors LLC now owns 14,298 shares of the investment management company's stock valued at $12,568,000 after purchasing an additional 6,867 shares during the last quarter. Hedge funds and other institutional investors own 71.21% of the company's stock.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs agreed to acquire NEOS Investments, the issuer of income-focused ETFs including the NEOS Nasdaq-100 High Income ETF, for up to $2.25 billion. The transaction would expand Goldman’s ETF and wealth-management capabilities and could add recurring fee revenue, although the premium price raises execution and integration expectations. Goldman Sachs Just Paid $2.25 Billion for the Family Behind Your 14% Income Fund
• Positive Sentiment: Goldman is also buying LCN Capital Partners for up to $410 million. LCN oversees roughly $3 billion, and the deal broadens Goldman’s private real-estate and net-lease platform while supporting more durable, capital-light asset-management revenue. Goldman Sachs to buy LCN Capital Partners in up to $410 million deal
• Positive Sentiment: Goldman forecasts U.S. ETF inflows could exceed $2 trillion in 2026, driven by active, AI, thematic and leveraged products. That outlook supports the strategic rationale for the NEOS acquisition and Goldman’s broader asset-management push. Goldman Sachs’ $2 Trillion ETF Forecast Signals a New Era for AI, Active and Thematic Funds
• Neutral Sentiment: Goldman’s research projecting a $1.8 trillion global space economy by 2035 and its positive views on AI-related opportunities reinforce the firm’s market influence, but these forecasts have limited immediate impact on GS earnings. Elon Musk responds to Goldman Sachs' bold space economy prediction
• Negative Sentiment: Reports indicate GS underperformed while the broader market advanced, suggesting investors may be taking profits or remaining cautious about valuation, acquisition costs and financial-sector exposure. Rising oil prices and escalating U.S.-Iran tensions could further pressure markets and increase volatility. Goldman Sachs Stock Sinks As Market Gains

Analyst Ratings Changes

A number of research firms have weighed in on GS. BNP Paribas Exane reduced their price objective on shares of The Goldman Sachs Group from $970.00 to $940.00 and set a "neutral" rating for the company in a research note on Friday, April 24th. Wall Street Zen cut shares of The Goldman Sachs Group from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. Weiss Ratings raised shares of The Goldman Sachs Group from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 6th. Wells Fargo & Company boosted their price objective on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. Finally, Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of "Moderate Buy" and an average target price of $1,062.86.

The Goldman Sachs Group Price Performance

GS opened at $1,002.64 on Friday. The company's 50-day simple moving average is $1,054.38 and its two-hundred day simple moving average is $963.86. 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 $291.94 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.04 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52-week low of $712.97 and a 52-week high of $1,153.99.

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 EPS for the quarter, topping 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 firm had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same period in the previous year, the business posted $10.91 earnings per share. The business's revenue for the quarter was up 39.4% on a year-over-year basis. As a group, analysts predict 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 issued 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 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group's dividend payout ratio is 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.

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