Pursue Wealth Partners LLC Buys Shares of 1,325 The Goldman Sachs Group, Inc. $GS

Key Points

• Pursue Wealth Partners bought 1,325 Goldman Sachs shares valued at approximately $1.34 million, while institutional investors and hedge funds collectively own 71.21% of GS.
• Goldman Sachs reported strong quarterly results, with earnings per share of $20.98 and revenue of $20.34 billion, up 39.4% year over year and well above analyst estimates.
• The company increased its quarterly dividend to $5.00 per share, or $20 annually, representing a 2.0% yield; analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86.

Pursue Wealth Partners LLC bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,325 shares of the investment management company's stock, valued at approximately $1,340,000.

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

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 NEOS Investments, the issuer of income-focused ETFs including the NEOS Nasdaq-100 High Income ETF, for up to $2.25 billion. The transaction would expand Goldman’s ETF and wealth-management capabilities and could add recurring fee revenue, although the premium price raises execution and integration expectations. Goldman Sachs Just Paid $2.25 Billion for the Family Behind Your 14% Income Fund
• Positive Sentiment: Goldman is also buying LCN Capital Partners for up to $410 million. LCN oversees roughly $3 billion, and the deal broadens Goldman’s private real-estate and net-lease platform while supporting more durable, capital-light asset-management 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. That outlook supports the strategic rationale for the NEOS acquisition and Goldman’s broader asset-management push. Goldman Sachs’ $2 Trillion ETF Forecast Signals a New Era for AI, Active and Thematic Funds
• Neutral Sentiment: Goldman’s research projecting a $1.8 trillion global space economy by 2035 and its positive views on AI-related opportunities reinforce the firm’s market influence, but these forecasts have limited immediate impact on GS earnings. Elon Musk responds to Goldman Sachs' bold space economy prediction
• Negative Sentiment: Reports indicate GS underperformed while the broader market advanced, suggesting investors may be taking profits or remaining cautious about valuation, acquisition costs and financial-sector exposure. Rising oil prices and escalating U.S.-Iran tensions could further pressure markets and increase volatility. Goldman Sachs Stock Sinks As Market Gains

The Goldman Sachs Group Stock Down 1.9%

The Goldman Sachs Group stock opened at $1,002.64 on Friday. The firm has a market cap of $291.94 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.04 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 52-week low of $712.97 and a 52-week high of $1,153.99. 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 firm has a 50 day moving average price of $1,054.38 and a two-hundred day moving average price of $963.86.

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 EPS for the quarter, beating 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 company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same period in the prior year, the firm posted $10.91 EPS. The company's quarterly revenue was up 39.4% on a year-over-year basis. Equities analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS 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%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on GS. JPMorgan Chase & Co. upped their price target on shares of 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. Rothschild & Co Redburn lifted their price target on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a "neutral" rating in a report on Thursday, June 25th. Oppenheimer cut shares of The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a research note on Tuesday, June 30th. CICC Research increased their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an "outperform" rating in a report on Tuesday, May 19th. Finally, UBS Group raised their target price on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a "neutral" rating in a research report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,062.86.

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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