Performance Wealth Partners LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 140,897 shares of the investment management company’s stock, valued at approximately $142,499,000. The Goldman Sachs Group makes up approximately 3.5% of Performance Wealth Partners LLC’s holdings, making the stock its 8th biggest holding.
Several other institutional investors also recently bought and sold shares of the company. Turim 21 Investimentos Ltda. acquired a new position in shares of The Goldman Sachs Group during the first quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter worth approximately $26,000. Manning & Napier Advisors LLC increased its position in shares of The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after purchasing an additional 23 shares in the last quarter. Steph & Co. purchased a new stake in shares of The Goldman Sachs Group during the first quarter worth approximately $27,000. Finally, Lifetime Wealth Management P.C. acquired a new position in The Goldman Sachs Group in the 4th quarter valued at $29,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.
The Goldman Sachs Group Stock Performance
NYSE GS opened at $1,002.64 on Friday. The stock’s fifty day moving average is $1,054.38 and its two-hundred day moving average is $963.86. The firm has a market capitalization of $291.94 billion, a P/E ratio of 15.48, a price-to-earnings-growth ratio of 1.04 and a beta of 1.30. 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, Inc. has a fifty-two week low of $712.97 and a fifty-two week high of $1,153.99.
The Goldman Sachs Group Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be given a dividend of $5.00 per share. The ex-dividend date is Tuesday, September 1st. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 27.78%.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. Keefe, Bruyette & Woods raised their price objective on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a report on Wednesday, July 15th. BMO Capital Markets increased their target price on shares of The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company a “market perform” rating in a research report on Wednesday, July 15th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Barclays boosted their price target 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 report on Wednesday, July 15th. Finally, UBS Group upped their price objective on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Two investment 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’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,062.86.
Check Out Our Latest Report on The Goldman Sachs Group
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
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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