The Goldman Sachs Group, Inc. $GS Shares Sold by Corient Private Wealth LP

Corient Private Wealth LP lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 20.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,486 shares of the investment management company's stock after selling 35,056 shares during the quarter. Corient Private Wealth LP's holdings in The Goldman Sachs Group were worth $136,018,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company's stock valued at $1,989,000 after buying an additional 508 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company's stock worth $508,000 after purchasing an additional 58 shares during the period. Sivia Capital Partners LLC lifted its position in shares of The Goldman Sachs Group by 90.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company's stock worth $1,098,000 after buying an additional 735 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in shares of The Goldman Sachs Group by 9.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company's stock worth $581,000 after buying an additional 70 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of The Goldman Sachs Group by 22.2% during the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company's stock valued at $1,522,000 after purchasing an additional 391 shares during the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman Sachs is deepening its technology investment by opening a Bellevue, Washington, engineering hub expected to house more than 125 employees focused on artificial intelligence and cloud technology. The move could strengthen Goldman’s internal capabilities, improve efficiency and help attract technology talent. Goldman Sachs deepens AI push with new Pacific Northwest engineering hub
• Positive Sentiment: Goldman is serving as an underwriter or distribution agent for several equity offerings, including Corning’s proposed $2 billion at-the-market program and Oklo’s $1 billion offering. These mandates can generate underwriting and distribution fees and highlight the strength of Goldman’s capital-markets franchise, although the share issuance itself benefits the client companies rather than GS directly. Corning Announces $2 Billion At-The-Market Equity Program
• Positive Sentiment: Goldman’s research activity and presence at its Communacopia + Technology conference continue to generate visibility across technology and financial-services markets, supporting its advisory, trading and institutional-client franchises. Goldman also raised its Coinbase price target and reiterated a Buy rating, illustrating ongoing coverage of emerging financial-market opportunities. Goldman Sachs Sees AI Reshaping Institutional Investing
• Neutral Sentiment: Goldman named Farshid Asl and Matt Weir co-heads of its Investment Strategy Group as Sharmin Mossavar-Rahmani prepares to retire. The transition provides continuity but introduces leadership-change risk for a prominent research and advisory function. Goldman Sachs investment strategy chief Mossavar-Rahmani to retire
• Neutral Sentiment: Goldman’s second-quarter 13F showed increased holdings of Micron and Amazon. The filing reflects Goldman’s investment positions and does not directly change GS earnings, though it reinforces the firm’s focus on major artificial-intelligence beneficiaries. Goldman Sachs and Billionaires Like These 2 AI Stocks

Analyst Ratings Changes

A number of research firms recently weighed in on GS. HSBC raised shares of The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 5th. CICC Research upped their target price on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 19th. JPMorgan Chase & Co. lifted their target price on The Goldman Sachs Group from $900.00 to $955.00 and gave the company a "neutral" rating in a research note on Wednesday, July 15th. Morgan Stanley set a $1,145.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. Finally, Bank of America raised their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a "buy" rating in a research note on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. 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.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $1,029.19 on Friday. The company's fifty day moving average is $1,044.84 and its two-hundred day moving average is $975.67. 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, Inc. has a 12-month low of $740.01 and a 12-month high of $1,153.99. The company has a market cap of $299.67 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 1.03 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping analysts' consensus estimates of $14.47 by $6.51. The firm had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The business's quarterly revenue was up 39.4% compared to the same quarter last year. During the same period last year, the company posted $10.91 EPS. Equities analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company 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 $5.00 dividend. 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 a boost from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's dividend payout ratio (DPR) is 30.87%.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc NYSE: GS is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individuals. The company is headquartered in New York City and serves clients across North America, Europe, Asia-Pacific and other international markets.

Through its Global Banking & Markets segment, Goldman Sachs advises clients on mergers and acquisitions, capital raising, restructuring and other strategic transactions.

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