The Goldman Sachs Group, Inc. $GS Stock Position Raised by Concurrent Investment Advisors LLC

Key Points

• Concurrent Investment Advisors raised its Goldman Sachs position by 10.7% in the second quarter, bringing its holdings to 28,504 shares valued at approximately $28.8 million. Institutional investors and hedge funds collectively own 71.21% of GS shares.
• Goldman Sachs reported a strong quarter, 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 increased its quarterly dividend from $4.50 to $5.00 per share, or $20 annually, representing a 1.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $1,062.86.

Concurrent Investment Advisors LLC increased its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 10.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 28,504 shares of the investment management company's stock after purchasing an additional 2,764 shares during the period. Concurrent Investment Advisors LLC's holdings in The Goldman Sachs Group were worth $28,829,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in GS. BlackRock Inc. acquired a new stake in shares of The Goldman Sachs Group in the second quarter worth $24,172,123,000. State Street Corp raised its position in The Goldman Sachs Group by 2.1% during 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 during the period. Fisher Asset Management LLC raised its position in The Goldman Sachs Group by 1.7% during the fourth 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 buying an additional 110,134 shares during the period. Geode Capital Management LLC lifted its stake in The Goldman Sachs Group by 0.7% in 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 The Goldman Sachs Group during the 2nd quarter worth about $6,756,772,000. 71.21% of the stock is owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

Shares of GS 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 stock's 50-day moving average is $1,043.43 and its two-hundred day moving average is $971.31. 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 has a market cap of $302.43 billion, a P/E ratio of 16.03, a PEG ratio of 1.02 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings results 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 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 firm's revenue was up 39.4% on a year-over-year basis. During the same period in the previous year, the company earned $10.91 EPS. Analysts predict 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders 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%. This is a boost 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 dividend payout ratio is presently 30.87%.

Key The Goldman Sachs Group News

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GS shares. Morgan Stanley set a $1,145.00 target price on The Goldman Sachs Group in a research note on Wednesday, July 15th. Dbs Bank increased their price target on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. BMO Capital Markets raised their price target on shares of 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. Evercore reaffirmed an "outperform" rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, Citigroup upped 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. Two investment 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 given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average 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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