Private Advisory Group LLC Buys New Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Private Advisory Group LLC bought 11,507 Goldman Sachs shares worth approximately $11.6 million during the second quarter. Institutional investors and hedge funds collectively own 71.21% of GS.
• Goldman Sachs reported strong quarterly results, with earnings per share of $20.98 exceeding estimates of $14.47 and revenue of $20.34 billion, up 39.4% year over year. The company also raised its quarterly dividend to $5.00, representing a 2.0% annual yield.
• Goldman agreed to acquire LCN Capital Partners for up to $410 million, expanding its asset-management business into private real estate. Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $1,062.86.

Private Advisory Group LLC bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 11,507 shares of the investment management company's stock, valued at approximately $11,638,000.

Several other hedge funds also recently modified their holdings of the company. Audent Global Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group by 10.1% during the 4th quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company's stock worth $4,604,000 after acquiring an additional 479 shares during the period. Oak Grove Capital LLC purchased a new stake in The Goldman Sachs Group in the fourth quarter valued at approximately $1,890,000. Nomura Asset Management Co. Ltd. increased its position in The Goldman Sachs Group by 2.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 141,990 shares of the investment management company's stock worth $124,809,000 after purchasing an additional 3,653 shares during the last quarter. Global Retirement Partners LLC increased its position in The Goldman Sachs Group by 35.0% during the fourth quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company's stock worth $10,499,000 after purchasing an additional 3,098 shares during the last quarter. Finally, New Age Alpha Advisors LLC raised its stake in The Goldman Sachs Group by 92.4% during the fourth quarter. New Age Alpha Advisors LLC now owns 14,298 shares of the investment management company's stock worth $12,568,000 after purchasing an additional 6,867 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

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.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $1,022.32 on Thursday. The Goldman Sachs Group, Inc. has a 12-month low of $705.55 and a 12-month high of $1,153.99. The company has a market capitalization of $297.67 billion, a price-to-earnings 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 current ratio of 0.63 and a quick ratio of 0.63. The firm's fifty 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 posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating analysts' consensus estimates of $14.47 by $6.51. The company had revenue of $20.34 billion during 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 firm's revenue for the quarter was up 39.4% on a year-over-year basis. During the same period in the prior year, the company posted $10.91 EPS. On average, research analysts forecast that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a $5.00 dividend. This represents a $20.00 annualized dividend and a dividend yield of 2.0%. 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. The Goldman Sachs Group's payout ratio is presently 27.78%.

Analyst Ratings Changes

A number of brokerages have weighed in on GS. 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 company a "market perform" rating in a report on Wednesday, July 15th. Weiss Ratings raised The Goldman Sachs Group from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 6th. Evercore reiterated an "outperform" rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Zacks Research raised The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Finally, Bank of America upped their price target on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a "buy" rating in a research note on Thursday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued 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.com, the stock has a consensus rating of "Moderate Buy" and an average price target 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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