Envestnet Portfolio Solutions Inc. Has $17.61 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

Key Points

• Envestnet Portfolio Solutions increased its Goldman Sachs stake by 14.7% in the second quarter, bringing its holdings to 17,422 shares valued at approximately $17.61 million. Institutional investors and hedge funds collectively own 71.21% of the stock.
• Goldman Sachs reported significantly better-than-expected quarterly results, with EPS of $20.98 versus the $14.47 consensus and revenue of $20.34 billion, up 39.4% year over year.
• The company raised its quarterly dividend to $5.00 per share, equivalent to $20 annually and a 1.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $1,062.86.

Envestnet Portfolio Solutions Inc. grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 14.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,422 shares of the investment management company's stock after purchasing an additional 2,230 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in The Goldman Sachs Group were worth $17,606,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Turim 21 Investimentos Ltda. acquired a new stake in The Goldman Sachs Group during the 1st quarter worth $25,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $26,000. Manning & Napier Advisors LLC boosted its position in shares of The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company's stock worth $27,000 after purchasing an additional 23 shares during the last quarter. Steph & Co. bought a new position in shares of The Goldman Sachs Group in the 1st quarter worth $27,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in shares of The Goldman Sachs Group during the fourth quarter worth $29,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Trading Up 0.5%

NYSE GS opened at $1,042.17 on Friday. The Goldman Sachs Group, Inc. has a one year low of $705.55 and a one year high of $1,153.99. 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 firm has a market cap of $303.45 billion, a P/E ratio of 16.09, a P/E/G ratio of 1.05 and a beta of 1.30. The stock's 50-day moving average is $1,054.37 and its 200-day moving average is $960.45.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings data 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 Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The business 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 firm earned $10.91 EPS. The Goldman Sachs Group's quarterly revenue was up 39.4% compared to the same quarter last year. Sell-side 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a $5.00 dividend. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. 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 is currently 27.78%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: NEOS acquisition strengthens ETF strategy: Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion in cash and equity. NEOS manages approximately $30–$32 billion across 19 options-based income ETFs, including Bitcoin- and Ethereum-linked products. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. Goldman Sachs to buy ETF manager NEOS in $2.25bn deal
• Positive Sentiment: Potential for recurring fee growth: The deal expands Goldman Sachs Asset Management’s active and derivatives-based ETF capabilities, particularly products designed to generate income through options. It could lift Goldman's active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, improving its competitive position in a rapidly growing segment. Will GS's Push Into Options-Based ETFs Enhance Its Competitive Edge?
• Neutral Sentiment: Strong earnings provide a fundamental cushion: Goldman’s latest quarterly report substantially exceeded expectations, with earnings per share of $20.98 versus a $14.47 consensus estimate and revenue of $20.34 billion versus $16.22 billion expected. However, analysts are monitoring whether the earnings momentum can continue after the stock’s post-results pullback. Why Is Goldman Down 10% Since Last Earnings Report?
• Negative Sentiment: Acquisition and market risks remain: Paying as much as $2.25 billion for NEOS creates integration and return-on-investment risks, while crypto-linked and options-based ETFs may be more sensitive to volatility, investor demand and regulatory changes. Elevated interest rates, oil-market uncertainty and broader risk-off trading could also pressure Goldman’s investment-banking and trading businesses.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on GS shares. Citigroup upped their price objective on The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a "neutral" rating in a report on Thursday, July 16th. HSBC upgraded The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. Weiss Ratings raised The Goldman Sachs Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 6th. Evercore reiterated an "outperform" rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, Keefe, Bruyette & Woods lifted their price objective 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 note on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $1,062.86.

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.

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