Formuepleje A S Makes New Investment in The Goldman Sachs Group, Inc. $GS

Key Points

• Formuepleje A S purchased 27,567 Goldman Sachs shares worth approximately $27.9 million, making GS 2.2% of its portfolio and its 20th-largest holding. Institutional investors collectively own 71.21% of the company.
• Goldman Sachs reported quarterly EPS of $20.98, beating estimates by $6.51, while revenue rose 39.4% year over year to $20.34 billion. The company also raised its quarterly dividend to $5.00 per share, implying a 1.9% yield.
• Analyst sentiment is broadly positive, with an average “Moderate Buy” rating and a $1,062.86 price target; Bank of America and Jefferies set targets near $1,300.

Formuepleje A S purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 27,567 shares of the investment management company's stock, valued at approximately $27,880,000. The Goldman Sachs Group comprises approximately 2.2% of Formuepleje A S's investment portfolio, making the stock its 20th largest holding.

A number of other institutional investors also recently modified their holdings of the business. HORAN Wealth LLC bought a new position in The Goldman Sachs Group in the second quarter valued at about $428,000. Wellington Grp LLC lifted its holdings in shares of The Goldman Sachs Group by 10.1% in the second quarter. Wellington Grp LLC now owns 1,930 shares of the investment management company's stock worth $1,952,000 after acquiring an additional 177 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at approximately $39,803,000. California State Teachers Retirement System grew its holdings in shares of The Goldman Sachs Group by 99,745.5% during the 2nd quarter. California State Teachers Retirement System now owns 455,359,229 shares of the investment management company's stock valued at $460,536,663,000 after purchasing an additional 454,903,165 shares during the last quarter. Finally, Tanager Wealth Management LLP increased its position in The Goldman Sachs Group by 9.6% during the 2nd quarter. Tanager Wealth Management LLP now owns 865 shares of the investment management company's stock worth $875,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company's stock.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock opened at $1,038.01 on Monday. The stock has a market cap of $302.24 billion, a price-to-earnings ratio of 16.02, a P/E/G ratio of 1.05 and a beta of 1.29. The Goldman Sachs Group, Inc. has a twelve month low of $727.15 and a twelve month high of $1,153.99. The company's fifty day moving average is $1,043.76 and its 200 day moving average is $972.24. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17.

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 earnings per share (EPS) for the quarter, topping 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 last year, the company earned $10.91 EPS. The Goldman Sachs Group's revenue for the quarter was up 39.4% compared to the same quarter last year. Sell-side analysts forecast 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors 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 dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group's payout ratio is presently 30.87%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs is reportedly close to securing prominent roles in Anthropic’s potential blockbuster IPO, possibly valued near $2 trillion. Winning lead-advisor or underwriting mandates would generate fees and strengthen Goldman’s position in the rapidly expanding AI capital-markets business. Anthropic close to awarding Morgan Stanley and Goldman Sachs top roles in $2tn IPO
• Positive Sentiment: Reports that New York Knicks players and other professional athletes use Goldman’s wealth-management services highlight continued growth in its high-net-worth client franchise. The business could benefit from recurring advisory, investment-management and lending revenue as athlete wealth rises. Knicks Stars Stash Wealth With Goldman and Ex-Villanova Teammate
• Positive Sentiment: Goldman is among 21 financial institutions planning a regulated, U.S.-dollar-backed stablecoin targeted for launch in 2027. Institutional settlement and cross-border payment use cases could create longer-term transaction and infrastructure opportunities, although commercial benefits remain several years away. Goldman Sachs Targets 2027 Launch For A USD Stablecoin
• Neutral Sentiment: Goldman strategists say investors should expect more modest bond-market returns over the next 12 months. Higher yields can support trading activity and net interest income, but may also pressure asset valuations, financing demand and the investment-banking pipeline. Goldman Sachs sends strong warning to bond investors
• Negative Sentiment: Goldman warns that falling AI prices and intensifying competition could lead to compute-infrastructure oversupply. That raises risks for AI-related investments and could temper enthusiasm across technology markets, potentially affecting deal activity and investor risk appetite. Goldman Sachs Warns AI Stock Investors of New Risk
• Neutral Sentiment: Goldman’s planned Dallas campus is described as a long-term growth investment aimed at expanding talent and regional operations. The initiative supports the firm’s broader diversification but is unlikely to materially change near-term earnings. Goldman Sachs executive discusses Dallas campus

Analysts Set New Price Targets

GS has been the subject of a number of research reports. Bank of America increased their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a "buy" rating in a research note on Thursday, July 16th. Rothschild & Co Redburn upped their target price on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a "neutral" rating in a report on Thursday, June 25th. Jefferies Financial Group set a $1,299.00 target price on The Goldman Sachs Group in a research report on Wednesday, July 15th. HSBC raised The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. Finally, Zacks Research upgraded The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,062.86.

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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