The Goldman Sachs Group, Inc. $GS Shares Sold by Tudor Financial Inc.

Key Points

• Tudor Financial cut its Goldman Sachs stake by 93.9% in the second quarter, selling 8,736 shares and retaining 570 shares valued at approximately $576,000. Institutional investors overall still own 71.21% of the company.
• Goldman Sachs reported strong quarterly results, with EPS of $20.98 versus the $14.47 consensus estimate and revenue of $20.34 billion, up 39.4% year over year.
• The company raised its quarterly dividend to $5.00 per share from $4.50, implying an annualized dividend of $20 and a 1.9% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $1,062.86.

Tudor Financial Inc. lessened its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 93.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 570 shares of the investment management company's stock after selling 8,736 shares during the period. Tudor Financial Inc.'s holdings in The Goldman Sachs Group were worth $576,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of The Goldman Sachs Group in the second quarter valued at about $24,172,123,000. State Street Corp increased its holdings in The Goldman Sachs Group by 2.1% in the fourth quarter. State Street Corp now owns 19,564,783 shares of the investment management company's stock valued at $17,197,444,000 after buying an additional 394,198 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company's stock valued at $5,952,199,000 after acquiring an additional 110,134 shares during the period. Geode Capital Management LLC boosted its stake in shares of The Goldman Sachs Group by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company's stock worth $5,896,795,000 after acquiring an additional 45,266 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of The Goldman Sachs Group in the 2nd quarter worth approximately $6,756,772,000. Institutional investors and hedge funds own 71.21% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GS. BMO Capital Markets lifted their price objective on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a "market perform" rating in a report on Wednesday, July 15th. UBS Group lifted their price target on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. Dbs Bank boosted their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Citigroup increased their price objective on shares of The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a "neutral" rating in a research note on Thursday, July 16th. Finally, Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Two research 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 company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $1,062.86.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $1,038.67 on Friday. The Goldman Sachs Group, Inc. has a fifty-two week low of $727.15 and a fifty-two week high of $1,153.99. The company has a market capitalization of $302.43 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 1.02 and a beta of 1.29. The stock has a fifty day moving average of $1,043.43 and a two-hundred day moving average of $971.31. 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 issued its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.47 by $6.51. The business had revenue of $20.34 billion for the quarter, compared to the consensus estimate 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 revenue was up 39.4% on a year-over-year basis. During the same period in the prior year, the business earned $10.91 earnings per share. On average, analysts anticipate that The Goldman Sachs Group, Inc. will post 68.89 EPS 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. Shareholders of record on Tuesday, September 1st will be issued a $5.00 dividend. 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 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group's payout ratio is currently 30.87%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Higher-rate environment supports trading revenue. Goldman Sachs shares benefited as the 10-year Treasury yield approached 4.8%. While higher rates can pressure valuations and deal financing, they can also increase fixed-income, currency and commodities trading activity—important businesses for GS. Goldman Rises as 4.8% Treasury Yield Tests Wall Street
• Positive Sentiment: Investors are rotating toward major banks. Expectations for rising rates, combined with concerns about potentially excessive AI spending and valuations, are directing capital toward large financial institutions. This broader sector rotation provides a favorable backdrop for GS. Expectations of Rising Rates and Worries About AI Have Investors Piling Into Big Bank Stocks
• Positive Sentiment: Stablecoin initiative creates a potential long-term growth opportunity. Goldman is among 21 global banks planning a regulated, U.S.-dollar-backed stablecoin targeted at cross-border payments, institutional settlement and digital-asset activity, with a potential 2027 launch. The project could expand Goldman’s payments and digital-finance capabilities, although near-term financial benefits remain uncertain. Goldman Sachs Targets 2027 Launch for a USD Stablecoin
• Neutral Sentiment: Goldman remains constructive on equities but more cautious tactically. The firm favors equities over credit over the next 12 months while warning that late-cycle risks could produce more defensive positioning and lower returns. This may support broad market activity but does not provide a direct earnings catalyst for GS. Goldman Sachs Favors Equities Over Credit as Late-Cycle Risks Build
• Negative Sentiment: Higher regulatory capital requirements remain a risk. Goldman expects rising G-SIB buffers and tighter excess-capital levels to cause large U.S. banks to moderate capital deployment, potentially limiting buybacks, dividends or other shareholder returns. Large U.S. Banks Face Rising G-SIB Buffers and Tighter Excess Capital

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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