Rose Capital Advisors LLC Takes Position in The Goldman Sachs Group, Inc. $GS

Key Points

• Rose Capital Advisors initiated a $2.35 million position in Goldman Sachs during the second quarter, while institutional investors and hedge funds collectively own 71.21% of the stock.
• Goldman Sachs reported quarterly earnings of $20.98 per share and revenue of $20.34 billion, exceeding analyst expectations; revenue increased 39.4% year over year.
• The company raised its quarterly dividend to $5.00 per share, or $20 annually, producing a 1.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86.

Rose Capital Advisors LLC bought 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 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,327 shares of the investment management company's stock, valued at approximately $2,354,000. The Goldman Sachs Group comprises 1.2% of Rose Capital Advisors LLC's investment portfolio, making the stock its 20th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GS. Compass Financial Management LLC acquired a new position in shares of The Goldman Sachs Group in the 2nd quarter valued at $3,319,000. NBH Bank acquired a new stake in The Goldman Sachs Group during the 2nd quarter worth $961,000. MW Advisory LLC acquired a new stake in The Goldman Sachs Group during the 2nd quarter worth $328,000. Tenet Wealth Partners LLC purchased a new stake in The Goldman Sachs Group in the second quarter valued at $443,000. Finally, Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in The Goldman Sachs Group in the second quarter valued at $268,000. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

NYSE GS opened at $1,038.01 on Friday. The firm has a market cap of $302.24 billion, a P/E ratio of 16.02, a P/E/G ratio of 1.05 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 52-week low of $727.15 and a 52-week high of $1,153.99. The business's 50-day moving average price is $1,043.76 and its 200 day moving average price is $971.77. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17.

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, topping 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 return on equity of 19.16% and a net margin of 15.53%.The firm's revenue for the quarter was up 39.4% on a year-over-year basis. During the same period last year, the firm earned $10.91 EPS. On average, equities research 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 company also recently disclosed 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 1.9%. The ex-dividend date is Tuesday, September 1st. This is an increase from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's payout ratio is currently 30.87%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Zacks Research raised The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. BMO Capital Markets upped their target price on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company a "market perform" rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. raised their price target on 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. Rothschild & Co Redburn lifted their price target on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a "neutral" rating in a research report on Thursday, June 25th. Finally, Oppenheimer cut The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a research note on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $1,062.86.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: Goldman Sachs is reportedly close to securing prominent roles in Anthropic’s potential blockbuster IPO, possibly valued near $2 trillion. Winning lead-advisor or underwriting mandates would generate fees and strengthen Goldman’s position in the rapidly expanding AI capital-markets business. Anthropic close to awarding Morgan Stanley and Goldman Sachs top roles in $2tn IPO
• Positive Sentiment: Reports that New York Knicks players and other professional athletes use Goldman’s wealth-management services highlight continued growth in its high-net-worth client franchise. The business could benefit from recurring advisory, investment-management and lending revenue as athlete wealth rises. Knicks Stars Stash Wealth With Goldman and Ex-Villanova Teammate
• Positive Sentiment: Goldman is among 21 financial institutions planning a regulated, U.S.-dollar-backed stablecoin targeted for launch in 2027. Institutional settlement and cross-border payment use cases could create longer-term transaction and infrastructure opportunities, although commercial benefits remain several years away. Goldman Sachs Targets 2027 Launch For A USD Stablecoin
• Neutral Sentiment: Goldman strategists say investors should expect more modest bond-market returns over the next 12 months. Higher yields can support trading activity and net interest income, but may also pressure asset valuations, financing demand and the investment-banking pipeline. Goldman Sachs sends strong warning to bond investors
• Negative Sentiment: Goldman warns that falling AI prices and intensifying competition could lead to compute-infrastructure oversupply. That raises risks for AI-related investments and could temper enthusiasm across technology markets, potentially affecting deal activity and investor risk appetite. Goldman Sachs Warns AI Stock Investors of New Risk
• Neutral Sentiment: Goldman’s planned Dallas campus is described as a long-term growth investment aimed at expanding talent and regional operations. The initiative supports the firm’s broader diversification but is unlikely to materially change near-term earnings. Goldman Sachs executive discusses Dallas campus

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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