NEOS Investment Management LLC Increases Position in The Goldman Sachs Group, Inc. $GS

Key Points

• NEOS Investment Management increased its Goldman Sachs position by 10.7% in the second quarter, adding 4,690 shares to hold 48,387 shares valued at approximately $48.9 million. Institutional investors collectively own 71.21% of GS stock.
• Goldman Sachs reported strong quarterly results, with EPS of $20.98 and revenue of $20.34 billion, exceeding analyst expectations; revenue rose 39.4% year over year. The company also raised its quarterly dividend to $5.00 per share, implying a 1.9% yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86, while higher trading activity and a planned stablecoin initiative support the outlook. However, rising regulatory capital requirements could constrain future buybacks, dividends, and other shareholder returns.

NEOS Investment Management LLC raised its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 10.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,387 shares of the investment management company's stock after purchasing an additional 4,690 shares during the period. NEOS Investment Management LLC's holdings in The Goldman Sachs Group were worth $48,937,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in GS. Turim 21 Investimentos Ltda. purchased a new stake in shares of The Goldman Sachs Group in the 1st quarter worth approximately $25,000. BOK Financial Private Wealth Inc. raised its stake in The Goldman Sachs Group by 188.9% during the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company's stock valued at $26,000 after buying an additional 17 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in The Goldman Sachs Group during the fourth quarter valued at $26,000. Manning & Napier Advisors LLC boosted its holdings in The Goldman Sachs Group by 287.5% in the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company's stock worth $27,000 after acquiring an additional 23 shares in the last quarter. Finally, Steph & Co. bought a new stake in The Goldman Sachs Group in the first quarter worth $27,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Trading Up 3.4%

The Goldman Sachs Group stock opened at $1,038.67 on Friday. The Goldman Sachs Group, Inc. has a one year low of $727.15 and a one year high of $1,153.99. The business's fifty day moving average is $1,043.43 and its 200 day moving average is $971.31. The stock has a market capitalization of $302.43 billion, a PE ratio of 16.03, a price-to-earnings-growth ratio of 1.02 and a beta of 1.29. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.63 and a quick ratio of 0.63.

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 (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The business 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 revenue for the quarter was up 39.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $10.91 EPS. On average, sell-side analysts predict 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. Stockholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group's previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group's dividend payout ratio is presently 30.87%.

Analyst Ratings Changes

Several brokerages have recently weighed in on GS. HSBC upgraded The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. upped their price target on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 15th. Wells Fargo & Company increased their price objective on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. Citigroup raised their price objective on shares of The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a "neutral" rating in a research note on Thursday, July 16th. Finally, Zacks Research raised shares of The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $1,062.86.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Higher-rate environment supports trading revenue. Goldman Sachs shares benefited as the 10-year Treasury yield approached 4.8%. While higher rates can pressure valuations and deal financing, they can also increase fixed-income, currency and commodities trading activity—important businesses for GS. Goldman Rises as 4.8% Treasury Yield Tests Wall Street
• Positive Sentiment: Investors are rotating toward major banks. Expectations for rising rates, combined with concerns about potentially excessive AI spending and valuations, are directing capital toward large financial institutions. This broader sector rotation provides a favorable backdrop for GS. Expectations of Rising Rates and Worries About AI Have Investors Piling Into Big Bank Stocks
• Positive Sentiment: Stablecoin initiative creates a potential long-term growth opportunity. Goldman is among 21 global banks planning a regulated, U.S.-dollar-backed stablecoin targeted at cross-border payments, institutional settlement and digital-asset activity, with a potential 2027 launch. The project could expand Goldman’s payments and digital-finance capabilities, although near-term financial benefits remain uncertain. Goldman Sachs Targets 2027 Launch for a USD Stablecoin
• Neutral Sentiment: Goldman remains constructive on equities but more cautious tactically. The firm favors equities over credit over the next 12 months while warning that late-cycle risks could produce more defensive positioning and lower returns. This may support broad market activity but does not provide a direct earnings catalyst for GS. Goldman Sachs Favors Equities Over Credit as Late-Cycle Risks Build
• Negative Sentiment: Higher regulatory capital requirements remain a risk. Goldman expects rising G-SIB buffers and tighter excess-capital levels to cause large U.S. banks to moderate capital deployment, potentially limiting buybacks, dividends or other shareholder returns. Large U.S. Banks Face Rising G-SIB Buffers and Tighter Excess Capital

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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