Poehling Capital Management INC. Trims Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Poehling Capital Management cut its Goldman Sachs position by 86.7% in the second quarter, selling 4,705 shares and retaining 722 shares valued at approximately $730,000. Institutional investors collectively own 71.21% of GS.
• Goldman Sachs reported a strong quarterly performance, with EPS of $20.98 versus the $14.47 consensus and revenue of $20.34 billion, up 39.4% year over year. The company also raised its quarterly dividend to $5.00 per share, equivalent to a 1.9% yield.
• Goldman agreed to acquire NEOS Investments for up to $2.25 billion, expanding its options-based ETF platform; analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and a $1,062.86 target price.

Poehling Capital Management INC. decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 86.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 722 shares of the investment management company's stock after selling 4,705 shares during the quarter. Poehling Capital Management INC.'s holdings in The Goldman Sachs Group were worth $730,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of GS. Garton & Associates Financial Advisors LLC purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $26,000. Turim 21 Investimentos Ltda. purchased a new stake in The Goldman Sachs Group during the first quarter valued at approximately $25,000. Manning & Napier Advisors LLC raised its position 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 during the period. Steph & Co. bought a new position in The Goldman Sachs Group in the first quarter worth approximately $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of The Goldman Sachs Group during the 4th quarter worth $29,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Trading Up 0.0%

Shares of NYSE GS opened at $1,034.85 on Thursday. 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 company has a market cap of $301.32 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 1.05 and a beta of 1.30. The business's 50 day moving average price is $1,055.39 and its 200-day moving average price is $959.59. 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 (NYSE:GS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (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 firm had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same quarter in the previous year, the business earned $10.91 earnings per share. The Goldman Sachs Group's quarterly revenue was up 39.4% on a year-over-year basis. On average, sell-side analysts expect 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 announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a dividend of $5.00 per share. This is a positive change from The Goldman Sachs Group's previous quarterly dividend of $4.50. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 27.78%.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman agreed to acquire NEOS Investments for up to $2.25 billion. NEOS manages approximately $30 billion across 19 options-based income ETFs, including funds linked to Bitcoin and Ether. The transaction would strengthen Goldman Sachs Asset Management’s position in actively managed ETFs, a fast-growing segment focused on monthly income and downside management. Goldman Sachs to Acquire NEOS Investments
• Positive Sentiment: The deal could lift Goldman’s active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, following the earlier Innovator Capital acquisition. The scale may improve distribution, product breadth and recurring management-fee revenue. The transaction is expected to close in the first quarter of 2027, pending regulatory approval. Goldman’s Latest ETF Deal
• Positive Sentiment: Goldman is one of six major financial firms helping NVIDIA mobilize more than $500 billion of third-party capital for AI infrastructure. The initiative could generate financing, advisory and asset-management opportunities while deepening Goldman’s relationships with technology and institutional-investment clients. Goldman Sachs and NVIDIA AI Financing
• Neutral Sentiment: The ETF acquisition expands Goldman’s exposure to options-based and cryptocurrency-linked products, but the purchase price is substantial and the benefits depend on continued asset growth, investor demand and successful integration.
• Negative Sentiment: Goldman staff were reportedly named as suspects in a Brazil investigation involving a shareholder dispute at cancer-care company Oncoclínicas. The matter represents a potential legal and reputational risk, although no material financial impact was specified. Goldman Staff Named in Brazil Investigation

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on GS shares. HSBC upgraded The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. Evercore reissued an "outperform" rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Wells Fargo & Company raised their price objective on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 15th. Barclays increased their target price on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. Finally, Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,062.86.

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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