Lynch Asset Management Inc. Invests $10.66 Million in The Goldman Sachs Group, Inc. $GS

Key Points

• Lynch Asset Management purchased 10,540 Goldman Sachs shares worth approximately $10.66 million, making GS its ninth-largest holding at 2.9% of its portfolio. Institutional investors and hedge funds collectively own 71.21% of the company.
• Goldman Sachs reported strong quarterly results, with $20.98 in EPS and $20.34 billion in revenue, beating estimates by wide margins; revenue increased 39.4% year over year.
• The company raised its quarterly dividend from $4.50 to $5.00 per share, equivalent to an annualized $20.00 payout and a 2.0% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $1,062.86.

Lynch Asset Management Inc. purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,540 shares of the investment management company's stock, valued at approximately $10,660,000. The Goldman Sachs Group comprises approximately 2.9% of Lynch Asset Management Inc.'s portfolio, making the stock its 9th largest holding.

Several other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock worth $1,989,000 after purchasing an additional 508 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake 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 grew 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 worth $1,098,000 after purchasing an additional 735 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings 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 worth $581,000 after purchasing an additional 70 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in shares of The Goldman Sachs Group by 22.2% in 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 period. Institutional investors and hedge funds own 71.21% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on GS shares. Oppenheimer lowered shares of The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a report on Tuesday, June 30th. Zacks Research upgraded shares of The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Daiwa Securities Group raised their price target on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the company a "neutral" rating in a research note on Tuesday, May 5th. BMO Capital Markets lifted their price target on shares of 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, Keefe, Bruyette & Woods boosted 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 research 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 company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $1,062.86.

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $1,022.32 on Thursday. The company has a market capitalization of $297.67 billion, a PE ratio of 15.78, a P/E/G ratio of 1.05 and a beta of 1.30. The company has a 50 day simple moving average of $1,055.05 and a two-hundred day simple moving average of $963.38. 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 Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The firm had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. During the same quarter in the previous year, the company earned $10.91 EPS. The company's revenue for the quarter was up 39.4% on a year-over-year basis. Research analysts anticipate that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company 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 dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a yield of 2.0%. This is an increase from The Goldman Sachs Group's previous quarterly dividend of $4.50. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group's payout ratio is currently 27.78%.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs agreed to acquire LCN Capital Partners for up to $410 million, including $260 million upfront and performance-based consideration. LCN manages approximately $3 billion in assets and specializes in sale-leaseback and triple-net-lease investments. The transaction expands Goldman’s Asset & Wealth Management business into private real estate and could increase recurring, capital-light fee revenue. Goldman Sachs to buy LCN Capital Partners in up to $410 million deal
• Positive Sentiment: Goldman forecasts U.S. ETF inflows could exceed $2 trillion in 2026, driven by active, AI, thematic and leveraged products. The trend supports growth prospects for Goldman’s asset-management and ETF operations, although it is an industry outlook rather than a direct earnings update. Goldman Sachs’ $2 Trillion ETF Forecast Signals a New Era for AI, Active and Thematic Funds
• Neutral Sentiment: Goldman analysts reiterated Buy ratings on Talen Energy and Lowe’s, while maintaining a Buy rating but reducing the target for HawkEye 360. These calls may generate advisory activity and visibility but have limited direct effect on GS’s near-term financial results.
• Neutral Sentiment: Goldman research highlighted rising AI-related pressure on employment, particularly among entry-level workers. The report reinforces Goldman’s role as a source of influential economic research, but it does not directly change the company’s earnings outlook. Goldman studied where AI is squeezing labor markets
• Negative Sentiment: Ripple’s $275 million debt offering was described as supporting competition with traditional financial firms, including Goldman. The competitive threat appears limited and longer term, but it adds to concerns about emerging fintech and digital-asset rivals.

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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