WINTON GROUP Ltd Buys Shares of 12,600 The Goldman Sachs Group, Inc. $GS

WINTON GROUP Ltd purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,600 shares of the investment management company’s stock, valued at approximately $12,743,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of The Goldman Sachs Group by 10.7% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,345 shares of the investment management company’s stock worth $3,383,000 after buying an additional 323 shares during the last quarter. NorthRock Partners LLC lifted its holdings in shares of The Goldman Sachs Group by 14.8% in the 2nd quarter. NorthRock Partners LLC now owns 2,743 shares of the investment management company’s stock valued at $2,775,000 after buying an additional 354 shares during the period. Integrated Wealth Concepts LLC grew its holdings in The Goldman Sachs Group by 3.7% during the second quarter. Integrated Wealth Concepts LLC now owns 14,912 shares of the investment management company’s stock worth $15,081,000 after acquiring an additional 534 shares during the period. Community Bank N.A. raised its position in The Goldman Sachs Group by 5.4% during the second quarter. Community Bank N.A. now owns 1,968 shares of the investment management company’s stock valued at $1,990,000 after acquiring an additional 100 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in The Goldman Sachs Group by 8.1% during the second quarter. NewEdge Advisors LLC now owns 62,498 shares of the investment management company’s stock valued at $63,209,000 after acquiring an additional 4,672 shares in the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GS. Barclays raised their price objective on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. UBS Group increased their price target on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Rothschild & Co Redburn raised their price target on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. upped their price objective on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, The Goldman Sachs Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,062.86.

Get Our Latest Analysis on GS

Key Stories Impacting The Goldman Sachs Group

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

  • Positive Sentiment: Expanding Canadian wealth-management platform: Goldman’s deeper collaboration with IG Wealth Management broadens its Canadian distribution reach, increases assets under management and creates additional recurring fee opportunities. The deal aligns with GS’s strategy of diversifying beyond trading and investment banking. Goldman’s IG Deal Expands Canadian Wealth Reach and AWM Scale
  • Positive Sentiment: Continued investment in AI: Goldman opened a Bellevue, Washington, engineering office for more than 125 employees focused on artificial intelligence and cloud transformation. The move could improve operating efficiency and strengthen the firm’s technology capabilities, although benefits are longer term. Goldman expands AI push with new engineering office in Bellevue
  • Positive Sentiment: Asset-management scale remains a strategic priority: Goldman reportedly agreed to pay $2.25 billion for the firm behind a Bitcoin income fund. The acquisition could expand alternative-investment and fee-generating capabilities, though execution and cryptocurrency-related risks remain. Goldman Is Paying $2.25 Billion for the Firm Behind This Bitcoin Income Fund
  • Neutral Sentiment: Oil outlook highlights both opportunity and risk: Goldman raised its crude-price forecasts and warned Brent could reach $120 if Strait of Hormuz shipping disruptions persist. Higher volatility may benefit Goldman’s commodities and trading businesses, but prolonged conflict could fuel inflation, delay interest-rate cuts and weaken dealmaking and market sentiment. Oil prices approach $100 as Middle East conflict flares
  • Negative Sentiment: Geopolitical and market risks may be driving caution: Escalating U.S.-Iran tensions and potential Gulf supply disruptions increase uncertainty across global markets. These risks can pressure financial stocks even when they create trading opportunities, particularly given GS’s elevated valuation and recent gains.

The Goldman Sachs Group Trading Down 0.5%

Shares of GS stock opened at $1,030.86 on Thursday. 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 company has a market cap of $300.16 billion, a price-to-earnings ratio of 15.91, a PEG ratio of 1.05 and a beta of 1.29. The stock has a 50 day simple moving average of $1,044.76 and a 200-day simple moving average of $974.61. The Goldman Sachs Group, Inc. has a 1-year low of $740.01 and a 1-year high of $1,153.99.

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

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s payout ratio is 30.87%.

About The Goldman Sachs Group

(Free Report)

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.

Further Reading

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:GSFree Report).

Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.