Integrated Wealth Concepts LLC Has $15.08 Million Position in The Goldman Sachs Group, Inc. $GS

Integrated Wealth Concepts LLC lifted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 3.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,912 shares of the investment management company’s stock after buying an additional 534 shares during the period. Integrated Wealth Concepts LLC’s holdings in The Goldman Sachs Group were worth $15,081,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC grew its position in shares of The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after acquiring an additional 58 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of 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 valued at $1,098,000 after acquiring an additional 735 shares during the period. Schnieders Capital Management LLC. lifted its position in shares of The Goldman Sachs Group by 9.3% during the 2nd 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 stake 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 worth $1,522,000 after acquiring an additional 391 shares in the last quarter. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Down 0.5%

GS 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’s 50-day moving average is $1,044.76 and its 200 day moving average is $974.61. The Goldman Sachs Group, Inc. has a fifty-two week low of $740.01 and a fifty-two week high of $1,153.99. The firm has a market capitalization of $300.16 billion, a P/E ratio of 15.91, a PEG ratio of 1.05 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The business had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same period in the previous year, the company earned $10.91 earnings per share. The firm’s revenue for the quarter was up 39.4% compared to the same quarter last year. Research analysts expect 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. Stockholders 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 dividend yield of 1.9%. The ex-dividend date 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 dividend payout ratio (DPR) is presently 30.87%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on GS shares. BMO Capital Markets lifted their price target 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 note on Wednesday, July 15th. Barclays increased 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 report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 target price on The Goldman Sachs Group in a research note on Wednesday, July 15th. Morgan Stanley set a $1,145.00 target price on The Goldman Sachs Group in a research report on Wednesday, July 15th. Finally, Oppenheimer downgraded The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research note on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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: 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.

About The Goldman Sachs Group

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.