Nippon Life Global Investors Americas Inc. Takes $46.84 Million Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Nippon Life Global Investors Americas acquired 46,310 Goldman Sachs shares valued at approximately $46.84 million, making GS its 19th-largest holding. Hedge funds and other institutions collectively own 71.21% of the stock.
• Goldman Sachs reported quarterly EPS of $20.98, well above the $14.47 consensus, while revenue rose 39.4% year over year to $20.34 billion. The company also increased its quarterly dividend from $4.50 to $5.00 per share.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86; GS opened at $1,022.32, down 1.7%, while the company pursues growth through initiatives such as its planned acquisition of LCN Capital Partners for up to $410 million.

Nippon Life Global Investors Americas Inc. purchased a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 46,310 shares of the investment management company's stock, valued at approximately $46,837,000. The Goldman Sachs Group comprises approximately 1.9% of Nippon Life Global Investors Americas Inc.'s holdings, making the stock its 19th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in The Goldman Sachs Group during the 4th quarter valued at about $2,515,830,000. Bank of New York Mellon Corp purchased a new stake in shares of The Goldman Sachs Group in the second quarter valued at about $2,560,028,000. Corient Private Wealth LLC grew its position in shares of The Goldman Sachs Group by 1,657.7% in the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company's stock valued at $2,282,312,000 after purchasing an additional 2,448,767 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of The Goldman Sachs Group in the first quarter valued at approximately $2,024,921,000. Finally, Bank of America Corp DE increased its stake in shares of The Goldman Sachs Group by 8.0% during the 1st quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company's stock worth $5,460,875,000 after purchasing an additional 476,977 shares in the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group News Summary

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.

Wall Street Analysts Forecast Growth

GS has been the subject of several research reports. Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Morgan Stanley set a $1,145.00 target price on The Goldman Sachs Group in a report on Wednesday, July 15th. BNP Paribas Exane cut their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a "neutral" rating for the company in a report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the company a "neutral" rating in a research report on Wednesday, July 15th. Finally, BMO Capital Markets increased their price objective on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company 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. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $1,062.86.

The Goldman Sachs Group Stock Down 1.7%

Shares of NYSE GS opened at $1,022.32 on Thursday. The firm has a market cap of $297.67 billion, a P/E ratio of 15.78, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. 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 1 year low of $705.55 and a 1 year high of $1,153.99. The firm's 50 day moving average price is $1,055.05 and its 200 day moving average price is $963.38.

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 for the quarter, beating 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 company had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. During the same period in the previous year, the firm posted $10.91 EPS. The Goldman Sachs Group's revenue was up 39.4% on a year-over-year basis. As a group, sell-side 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given 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 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 27.78%.

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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