Trivium Point Advisory LLC Invests $2.43 Million in The Goldman Sachs Group, Inc. $GS

Key Points

• Trivium Point Advisory purchased 2,406 Goldman Sachs shares worth approximately $2.43 million in the second quarter. Institutional investors and hedge funds collectively own 71.21% of GS.
• Goldman Sachs reported strong quarterly results, with EPS of $20.98 versus the $14.47 consensus estimate and revenue up 39.4% year over year to $20.34 billion.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $1,062.86, while Goldman increased its quarterly dividend to $5 per share, or $20 annually, representing a 2.0% yield.

Trivium Point Advisory LLC purchased a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,406 shares of the investment management company's stock, valued at approximately $2,434,000.

A number of other hedge funds have also recently added to or reduced their stakes in GS. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group during the first quarter worth $25,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $26,000. Manning & Napier Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company's stock valued at $27,000 after buying an additional 23 shares during the period. Steph & Co. bought a new stake in shares of The Goldman Sachs Group during the 1st quarter valued at about $27,000. Finally, Lifetime Wealth Management P.C. bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 71.21% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on GS. Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Oppenheimer lowered The Goldman Sachs Group from a "market perform" rating to an "underperform" rating in a report on Tuesday, June 30th. BMO Capital Markets increased their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 15th. Barclays raised their price target on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. Finally, Wall Street Zen downgraded The Goldman Sachs Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 15th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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 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 Trading Down 1.9%

The Goldman Sachs Group stock opened at $1,002.64 on Friday. 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 quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17. The firm has a market capitalization 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 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 announced its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating the consensus estimate of $14.47 by $6.51. The company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The Goldman Sachs Group's revenue was up 39.4% compared to the same quarter last year. During the same quarter last year, the business earned $10.91 earnings per share. Sell-side 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 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 dividend of $5.00 per share. This represents a $20.00 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is presently 27.78%.

The Goldman Sachs Group Company 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.

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Goldman Sachs Group, Inc. (NYSE:GS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source