Quantitative Investment Management LLC lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 76.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,107 shares of the investment management company’s stock after selling 3,684 shares during the quarter. Quantitative Investment Management LLC’s holdings in The Goldman Sachs Group were worth $1,119,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group in the 1st quarter worth approximately $25,000. BOK Financial Private Wealth Inc. increased 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 acquiring an additional 17 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in shares of The Goldman Sachs Group during the fourth quarter valued at approximately $26,000. Manning & Napier Advisors LLC raised its holdings in The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after purchasing an additional 23 shares in the last quarter. Finally, Steph & Co. bought a new stake in The Goldman Sachs Group during the first quarter worth approximately $27,000. Institutional investors and hedge funds own 71.21% of the company’s stock.
More The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs’ investment-banking fees rose 52% in the first half of 2026, supported by broad-based gains and a record advisory backlog. The backlog could sustain deal activity and revenue momentum, although investors may be watching whether the improvement continues. Goldman’s IB Fees Jump 52% in 1H26: Will the Uptrend Continue?
- Positive Sentiment: GS joined a 21-firm consortium planning a regulated U.S.-dollar stablecoin in the first half of 2027, with potential expansion into euro and other G7 currencies. The initiative could create new payments, custody and trading opportunities for traditional banks, though execution and regulatory approval remain outstanding. Bank Of America, Goldman Sachs, Citi Join Push to Launch Global Stablecoin
- Positive Sentiment: Zacks added Goldman Sachs to its Strong Buy lists, including its income-stock list, reinforcing favorable near-term analyst sentiment. New Strong Buy Stocks for September 1st
- Neutral Sentiment: Goldman Sachs expects gold to reach $4,900 per ounce by year-end and has issued warnings on diesel and oil markets. These forecasts may benefit its research, commodities and trading franchises, but they are not direct earnings catalysts for GS. Gold Is Up Nearly 30% in the Last Year, But Goldman Sachs Sees More Room to Run
- Negative Sentiment: Goldman Sachs and other major banks are asking elite law firms to reduce hourly fees as artificial intelligence lowers the time required for research and routine legal work. Lower expenses could help clients, but pressure on professional-services pricing highlights ongoing cost scrutiny and possible disruption from AI. Wall Street banks ask elite law firms to cut hourly billings
- Negative Sentiment: The latest session-specific coverage indicated GS underperformed the broader market, suggesting investors were taking profits or favoring caution despite the company’s favorable operating and analyst updates. Why Goldman Sachs Dipped More Than the Broader Market
Analyst Ratings Changes
Read Our Latest Analysis on The Goldman Sachs Group
The Goldman Sachs Group Trading Down 2.6%
Shares of NYSE:GS opened at $999.47 on Wednesday. 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 stock has a market capitalization of $291.02 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 1.04 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 1-year low of $721.16 and a 1-year high of $1,153.99. The company has a 50 day moving average price of $1,045.40 and a 200 day moving average price of $969.67.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter in the prior year, the company earned $10.91 earnings per share. The firm’s revenue was up 39.4% on a year-over-year basis. On average, research 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. Stockholders of record on Tuesday, September 1st will be given a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.0%. 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. The Goldman Sachs Group’s payout ratio is presently 27.78%.
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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