First Pacific Financial Has $384,000 Stake in The Goldman Sachs Group, Inc. $GS

Key Points

• First Pacific Financial cut its Goldman Sachs stake by 79.5% in the second quarter, selling 1,474 shares and retaining 380 shares valued at approximately $384,000. Institutional investors and hedge funds collectively own 71.21% of Goldman’s stock.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86, while Goldman shares recently traded near $1,042. The company’s latest quarter significantly exceeded expectations, reporting $20.98 in EPS and $20.34 billion in revenue.
• Goldman increased its quarterly dividend from $4.50 to $5.00 per share, implying an annualized dividend of $20 and a 1.9% yield. The firm is also expanding its ETF business through a planned acquisition of NEOS Investments for up to $2.25 billion.

First Pacific Financial reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 79.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 380 shares of the investment management company's stock after selling 1,474 shares during the period. First Pacific Financial's holdings in The Goldman Sachs Group were worth $384,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its holdings in The Goldman Sachs Group by 8.3% in the second quarter. IFP Advisors Inc now owns 9,172 shares of the investment management company's stock valued at $9,276,000 after buying an additional 700 shares during the period. Gateway Investment Advisers LLC increased its holdings in The Goldman Sachs Group by 3.4% in the second quarter. Gateway Investment Advisers LLC now owns 4,595 shares of the investment management company's stock worth $4,647,000 after purchasing an additional 149 shares in the last quarter. Interchange Capital Partners LLC increased its holdings in The Goldman Sachs Group by 80.3% in the second quarter. Interchange Capital Partners LLC now owns 1,145 shares of the investment management company's stock worth $1,158,000 after purchasing an additional 510 shares in the last quarter. Guyasuta Investment Advisors Inc. lifted its stake in The Goldman Sachs Group by 23.6% in the second quarter. Guyasuta Investment Advisors Inc. now owns 319 shares of the investment management company's stock valued at $323,000 after buying an additional 61 shares during the period. Finally, Owl Creek Wealth Partners LLC boosted its holdings in shares of The Goldman Sachs Group by 769.2% during the 2nd quarter. Owl Creek Wealth Partners LLC now owns 113 shares of the investment management company's stock worth $114,000 after buying an additional 100 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. CICC Research boosted their target price on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an "outperform" rating in a research report on Tuesday, May 19th. UBS Group upped their price target on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. BMO Capital Markets increased their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a "market perform" rating in a report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. raised their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the company a "neutral" rating in a research note on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,062.86.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $1,042.17 on Friday. The stock has a market cap of $303.45 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 1.05 and a beta of 1.30. 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 fifty-two week low of $705.55 and a fifty-two week high of $1,153.99. The firm's 50-day simple moving average is $1,054.37 and its 200 day simple moving average is $960.45.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same quarter last year, the company earned $10.91 earnings per share. The company's revenue for the quarter was up 39.4% on a year-over-year basis. As a group, research 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 company 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 a positive change from The Goldman Sachs Group's previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group's dividend payout ratio (DPR) is 27.78%.

Key The Goldman Sachs Group News

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.

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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