Meadowbrook Wealth Management LLC Has $2.26 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Meadowbrook Wealth Management LLC raised its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 40.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,232 shares of the investment management company’s stock after buying an additional 640 shares during the quarter. The Goldman Sachs Group comprises 2.4% of Meadowbrook Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Meadowbrook Wealth Management LLC’s holdings in The Goldman Sachs Group were worth $2,257,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of GS. Dogwood Wealth Management LLC grew its stake in shares of The Goldman Sachs Group by 31.2% in the second quarter. Dogwood Wealth Management LLC now owns 105 shares of the investment management company’s stock worth $106,000 after acquiring an additional 25 shares during the last quarter. Boltwood Capital Management increased its position in The Goldman Sachs Group by 11.2% during the second quarter. Boltwood Capital Management now owns 823 shares of the investment management company’s stock worth $832,000 after acquiring an additional 83 shares during the period. Trilogy Capital Inc. raised its stake in The Goldman Sachs Group by 5.1% during the 2nd quarter. Trilogy Capital Inc. now owns 5,377 shares of the investment management company’s stock valued at $5,439,000 after purchasing an additional 261 shares during the last quarter. Silverleafe Capital Partners LLC boosted its holdings in The Goldman Sachs Group by 1,123.5% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 208 shares of the investment management company’s stock valued at $210,000 after purchasing an additional 191 shares during the period. Finally, Versant Capital Management Inc boosted its holdings in The Goldman Sachs Group by 7.2% in the 2nd quarter. Versant Capital Management Inc now owns 1,456 shares of the investment management company’s stock valued at $1,472,000 after purchasing an additional 98 shares during the period. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman’s latest quarterly results showed substantial earnings and revenue beats, reinforcing the strength of its trading, investment banking, and investment-management businesses. The results provide the clearest fundamental support for the stock’s recent performance.
• Positive Sentiment: Roger Altman said markets are continuing to absorb geopolitical tensions, energy shocks, and higher interest rates, suggesting resilient risk appetite that could support Goldman’s market-making and capital-markets operations. Top Wall Street Veteran: The Stock Market Is Shrugging Off Every Major Headwind
• Neutral Sentiment: Goldman launched autocallable notes tied to Meta Platforms stock, demonstrating continued structured-products activity. The announcement may modestly highlight the firm’s product capabilities but is not expected to materially change earnings by itself. Goldman Sachs Launches Autocallable Notes Tied to Meta Platforms Stock
• Neutral Sentiment: Goldman disclosed that its stake in Turkey’s Kardemir exceeded 5%, a regulatory ownership update rather than a direct change to the company’s operating outlook. Goldman Sachs Lifts Kardemir Stake Above 5% Threshold
• Neutral Sentiment: Goldman’s research points to a valuation pullback in Big Tech and a narrowing gap between technology stocks and the rest of the market. This could create rotation and trading opportunities, although it also signals greater uncertainty around equity valuations. The Gap Between Big Tech and the Rest of the Market Just Vanished
• Negative Sentiment: Chief Global Equity Strategist Peter Oppenheimer warned that, while there may not be a valuation bubble, there could be an “earnings bubble.” The caution raises concerns that slowing profit growth could eventually pressure market activity and investor sentiment. Wall Street’s Bulls Are Starting to Admit the Earnings Bubble Is Real

The Goldman Sachs Group Trading Up 0.9%

Shares of GS opened at $1,027.61 on Tuesday. The Goldman Sachs Group, Inc. has a 1 year low of $705.55 and a 1 year high of $1,153.99. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 2.83. The stock has a 50 day simple moving average of $1,053.24 and a 200-day simple moving average of $955.30. The stock has a market cap of $303.16 billion, a PE ratio of 15.86, a PEG ratio of 1.03 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) 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 Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The business had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same quarter in the previous year, the firm earned $10.91 EPS. The Goldman Sachs Group’s quarterly revenue was up 39.4% on a year-over-year basis. On average, sell-side analysts predict 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 boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 27.78%.

Analyst Ratings Changes

GS has been the topic of several research reports. Daiwa Securities Group boosted their price objective on shares of The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. HSBC increased their target price on shares of The Goldman Sachs Group from $729.00 to $765.00 in a research note on Monday, May 4th. Dbs Bank lifted their target price on The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. UBS Group boosted their price target on 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. Finally, Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $1,062.86.

Insider Buying and Selling at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 6,857 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total value of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares in the company, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kathryn H. Ruemmler sold 14,292 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the completion of the sale, the insider directly owned 15,657 shares in the company, valued at approximately $14,703,018.99. The trade was a 47.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.55% of the stock is currently owned by insiders.

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.