Canada Pension Plan Investment Board Boosts Stake in The Goldman Sachs Group, Inc. $GS

Canada Pension Plan Investment Board boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 21.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 774,110 shares of the investment management company’s stock after purchasing an additional 135,282 shares during the period. Canada Pension Plan Investment Board owned approximately 0.27% of The Goldman Sachs Group worth $782,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. BOK Financial Private Wealth Inc. boosted its stake in shares of The Goldman Sachs Group by 188.9% during the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 17 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in The Goldman Sachs Group in the 4th quarter worth about $26,000. Turim 21 Investimentos Ltda. purchased a new position in The Goldman Sachs Group in the 1st quarter worth about $25,000. Manning & Napier Advisors LLC lifted its holdings in The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares in the last quarter. Finally, Steph & Co. bought a new stake in The Goldman Sachs Group during the 1st quarter valued at about $27,000. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Up 2.3%

NYSE:GS opened at $1,060.58 on Wednesday. The firm has a 50-day simple moving average of $1,052.56 and a 200-day simple moving average of $966.26. The Goldman Sachs Group, Inc. has a one year low of $721.16 and a one year high of $1,153.99. The firm has a market cap of $308.81 billion, a P/E ratio of 16.37, a P/E/G ratio of 1.05 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 (NYSE:GS) last released its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (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 the consensus estimate of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The company’s quarterly revenue was up 39.4% on a year-over-year basis. During the same period last year, the firm earned $10.91 earnings per share. Equities analysts anticipate 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 announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a dividend of $5.00 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $20.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s payout ratio is 27.78%.

Wall Street Analyst Weigh In

GS has been the topic of a number of research analyst reports. Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research note on Tuesday, June 30th. HSBC raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. CICC Research increased their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Barclays lifted their target price on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Two research 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Moderate Buy” and an average target price 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: Goldman’s stock has continued to outperform finance-sector peers, reinforcing the view that its earnings momentum, investment-banking activity and fee-based businesses are supporting a premium valuation. This follows a recent quarter in which revenue and EPS significantly exceeded analyst expectations. Goldman Sachs Surpasses Market Returns
• Positive Sentiment: A Goldman analyst set a Street-high $328 price target on AI infrastructure company Nebius, citing strong demand. While the call directly benefits Nebius, it highlights Goldman’s influence in AI financing and research and could support activity across its investment-banking and asset-management franchises. Nebius Stock Jumps on Goldman Price Target
• Neutral Sentiment: Goldman reported a 3.13%–3.27% interest in QIAGEN through shares and derivatives. The disclosure demonstrates ongoing investment activity but does not indicate a material change to GS earnings or strategy. Goldman Reports Stake in QIAGEN
• Neutral Sentiment: Goldman is participating in conferences and advising companies on financings, mergers and IPOs, including events involving SoFi, Indian companies and Liquid Death. These activities could generate fees but offer limited immediate impact on GS shares.
• Negative Sentiment: Goldman Sachs, along with several major banks, reportedly faces SEC subpoenas related to the near-collapse of hedge fund Situational Awareness. The inquiry could create legal costs, reputational damage or additional compliance requirements, though no wrongdoing has been established. Banks Face Subpoenas Over AI Hedge Fund

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.