Jones Financial Companies Lllp Purchases 10,662 Shares of The Goldman Sachs Group, Inc. $GS

Jones Financial Companies Lllp lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 6.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,305 shares of the investment management company's stock after acquiring an additional 10,662 shares during the period. Jones Financial Companies Lllp owned approximately 0.06% of The Goldman Sachs Group worth $173,631,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock valued at $1,989,000 after purchasing an additional 508 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock valued at $508,000 after purchasing an additional 58 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock valued at $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company's stock valued at $581,000 after buying an additional 70 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in shares of The Goldman Sachs Group by 22.2% during the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company's stock valued at $1,522,000 after buying an additional 391 shares during the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on GS. Daiwa Securities Group boosted their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 5th. Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Dbs Bank lifted their price target on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research note on Thursday, May 7th. UBS Group boosted their price objective on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Finally, Barclays increased their price objective on shares of 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 equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of "Moderate Buy" and an average price target of $1,062.86.

The Goldman Sachs Group Trading Up 2.3%

The Goldman Sachs Group stock opened at $1,060.58 on Wednesday. The Goldman Sachs Group, Inc. has a 52-week low of $721.16 and a 52-week high of $1,153.99. The company has a market cap of $308.81 billion, a P/E ratio of 16.37, a P/E/G ratio of 1.05 and a beta of 1.30. 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 business has a 50-day simple moving average of $1,052.56 and a two-hundred day simple moving average of $966.26.

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 for the quarter, topping the consensus estimate of $14.47 by $6.51. The firm had revenue of $20.34 billion for the quarter, compared to analysts' expectations of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The business's quarterly revenue was up 39.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $10.91 EPS. Analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a $5.00 dividend. The ex-dividend date is Tuesday, September 1st. This is a boost from The Goldman Sachs Group's previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group's payout ratio is 27.78%.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman’s stock has continued to outperform finance-sector peers, reinforcing the view that its earnings momentum, investment-banking activity and fee-based businesses are supporting a premium valuation. This follows a recent quarter in which revenue and EPS significantly exceeded analyst expectations. Goldman Sachs Surpasses Market Returns
• Positive Sentiment: A Goldman analyst set a Street-high $328 price target on AI infrastructure company Nebius, citing strong demand. While the call directly benefits Nebius, it highlights Goldman’s influence in AI financing and research and could support activity across its investment-banking and asset-management franchises. Nebius Stock Jumps on Goldman Price Target
• Neutral Sentiment: Goldman reported a 3.13%–3.27% interest in QIAGEN through shares and derivatives. The disclosure demonstrates ongoing investment activity but does not indicate a material change to GS earnings or strategy. Goldman Reports Stake in QIAGEN
• Neutral Sentiment: Goldman is participating in conferences and advising companies on financings, mergers and IPOs, including events involving SoFi, Indian companies and Liquid Death. These activities could generate fees but offer limited immediate impact on GS shares.
• Negative Sentiment: Goldman Sachs, along with several major banks, reportedly faces SEC subpoenas related to the near-collapse of hedge fund Situational Awareness. The inquiry could create legal costs, reputational damage or additional compliance requirements, though no wrongdoing has been established. Banks Face Subpoenas Over AI Hedge Fund

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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