Infrastructure Capital Advisors LLC Has $2.71 Million Holdings in The Goldman Sachs Group, Inc. $GS

Key Points

• Infrastructure Capital Advisors reduced its Goldman Sachs stake by 35.2% in the second quarter, selling 1,458 shares and retaining 2,684 shares valued at approximately $2.71 million. 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, up 39.4% year over year and well above analyst estimates.
• The company raised its quarterly dividend from $4.50 to $5.00 per share, equivalent to a $20 annualized payout and a 1.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86.

Infrastructure Capital Advisors LLC lessened its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 35.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,684 shares of the investment management company's stock after selling 1,458 shares during the quarter. Infrastructure Capital Advisors LLC's holdings in The Goldman Sachs Group were worth $2,715,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in shares of The Goldman Sachs Group by 17.1% during the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock valued at $1,989,000 after acquiring an additional 508 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock worth $508,000 after purchasing an additional 58 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock worth $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in The Goldman Sachs Group by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company's stock valued at $581,000 after purchasing an additional 70 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in The Goldman Sachs Group by 22.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company's stock valued at $1,522,000 after purchasing an additional 391 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman’s involvement with potential future IPOs, including beverage brand Liquid Death, could support investment-banking revenue if the company proceeds with a public offering. However, Liquid Death’s CEO did not provide a timeline. Liquid Death CEO Dodges IPO Question Despite Goldman Sachs Ties
• Positive Sentiment: Goldman research highlighting stronger-than-reported Chinese gold demand and renewed expectations for Chinese economic easing could benefit the firm’s commodities, markets and advisory activity if trading and capital flows increase. China Gold Buying Far Exceeds Official PBOC Reports, Goldman Sachs Data Shows
• Neutral Sentiment: Goldman executive Chris Churchman warned that excessive reliance on AI could cause “cognitive atrophy” among junior bankers. The comments emphasize the need to preserve Goldman’s apprenticeship model while using AI, but do not indicate a change to earnings or strategy. Goldman Sachs partner warns of huge danger in letting AI replace bankers’ reasoning skills
• Neutral Sentiment: Articles comparing GS with finance peers and discussing Goldman’s stock performance provide market context but no new fundamental catalyst. Is The Goldman Sachs Group Stock Outpacing Its Finance Peers This Year?
• Negative Sentiment: Mark Walter’s TWG Global hired a former Goldman executive as its top lawyer while federal authorities investigate how two TWG-linked insurers classified more than $20 billion in loans. Although Goldman is not identified as the investigation’s target, the connection may create reputational and headline risk. Mark Walter’s TWG Global hires Goldman veteran Markowitz as top lawyer amid probe of insurers

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Oppenheimer cut shares of The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a research note on Tuesday, June 30th. UBS Group lifted their target price on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Wells Fargo & Company boosted their target price on 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. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research report on Wednesday, July 15th. Finally, Barclays lifted their price objective on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. 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 Stock Performance

GS stock opened at $1,036.86 on Tuesday. The Goldman Sachs Group, Inc. has a twelve month low of $721.16 and a twelve month high of $1,153.99. 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 company has a market cap of $301.90 billion, a P/E ratio of 16.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The business's fifty day moving average is $1,053.15 and its 200-day moving average is $965.21.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 EPS 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 business had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. During the same quarter in the prior year, the company posted $10.91 earnings per share. The firm's revenue was up 39.4% on a year-over-year basis. Equities research 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 announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 1st. This is an increase from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's dividend payout ratio is presently 27.78%.

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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