Integrated Wealth Concepts LLC Buys 534 Shares of The Goldman Sachs Group, Inc. $GS

Integrated Wealth Concepts LLC grew its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 3.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,912 shares of the investment management company’s stock after purchasing an additional 534 shares during the period. Integrated Wealth Concepts LLC’s holdings in The Goldman Sachs Group were worth $15,081,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GS. California State Teachers Retirement System increased its holdings in shares of The Goldman Sachs Group by 99,745.5% during the second quarter. California State Teachers Retirement System now owns 455,359,229 shares of the investment management company’s stock worth $460,536,663,000 after buying an additional 454,903,165 shares in the last quarter. BlackRock Inc. bought a new position in shares of The Goldman Sachs Group in the 2nd quarter valued at $24,172,123,000. State Street Corp boosted its holdings in shares of The Goldman Sachs Group by 2.1% during the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after acquiring an additional 394,198 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after acquiring an additional 110,134 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in The Goldman Sachs Group by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock worth $5,896,795,000 after acquiring an additional 45,266 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Down 0.5%

Shares of GS opened at $1,030.86 on Thursday. The company has a market capitalization of $300.16 billion, a PE ratio of 15.91, a PEG ratio of 1.05 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 12 month low of $740.01 and a 12 month high of $1,153.99. The stock’s 50-day moving average price is $1,044.76 and its two-hundred day moving average price is $974.61. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17.

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

The Goldman Sachs Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be issued a $5.00 dividend. The ex-dividend date 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 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 30.87%.

Key Headlines 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.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Weiss Ratings raised The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. HSBC raised The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Citigroup upped their price objective on The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. UBS Group raised 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 report on Monday, August 3rd. Finally, Wells Fargo & Company lifted their target price on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,062.86.

The Goldman Sachs Group Company Profile

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.