Concurrent Investment Advisors LLC lifted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 10.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 28,504 shares of the investment management company’s stock after acquiring an additional 2,764 shares during the period. Concurrent Investment Advisors LLC’s holdings in The Goldman Sachs Group were worth $28,829,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC grew its stake in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after buying an additional 508 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after acquiring an additional 58 shares during the last quarter. Sivia Capital Partners LLC lifted its position in The Goldman Sachs Group by 90.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after acquiring an additional 735 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after acquiring an additional 70 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in The Goldman Sachs Group by 22.2% during the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock valued at $1,522,000 after acquiring an additional 391 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently commented on GS. UBS Group lifted their price objective 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. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Wells Fargo & Company raised their target price on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Wall Street Zen downgraded The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, Rothschild & Co Redburn upped their price target on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Two equities research 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. According to data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.
The Goldman Sachs Group News Roundup
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
The Goldman Sachs Group Stock Up 3.4%
Shares of GS opened at $1,038.67 on Friday. 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 company has a 50-day simple moving average of $1,043.43 and a 200-day simple moving average of $971.31. The Goldman Sachs Group, Inc. has a 52 week low of $727.15 and a 52 week high of $1,153.99. The firm has a market capitalization of $302.43 billion, a P/E ratio of 16.03, a P/E/G ratio of 1.02 and a beta of 1.29.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping 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 business had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. During the same period last year, the business earned $10.91 earnings per share. The firm’s revenue for the quarter was up 39.4% compared to the same quarter last year. On average, equities research 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s payout ratio is 30.87%.
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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