The Goldman Sachs Group, Inc. $GS Stake Boosted by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. lifted its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 11.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,056 shares of the investment management company’s stock after acquiring an additional 898 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in The Goldman Sachs Group were worth $9,159,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Chesley Taft & Associates LLC increased its position in The Goldman Sachs Group by 1.3% in the 2nd quarter. Chesley Taft & Associates LLC now owns 1,006 shares of the investment management company’s stock worth $1,017,000 after purchasing an additional 13 shares during the last quarter. Trust Point Inc. lifted its holdings in shares of The Goldman Sachs Group by 3.9% during the 2nd quarter. Trust Point Inc. now owns 3,054 shares of the investment management company’s stock valued at $3,089,000 after buying an additional 114 shares during the last quarter. TrueWealth Advisors LLC bought a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at approximately $321,000. Castle Rock Wealth Management LLC grew its stake in shares of The Goldman Sachs Group by 1.6% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 3,086 shares of the investment management company’s stock valued at $3,146,000 after buying an additional 48 shares in the last quarter. Finally, Elevation Wealth Partners LLC increased its holdings in The Goldman Sachs Group by 9.1% in the second quarter. Elevation Wealth Partners LLC now owns 300 shares of the investment management company’s stock worth $303,000 after buying an additional 25 shares during the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Key The Goldman Sachs Group News

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

• Positive Sentiment: HSBC upgraded GS to “strong-buy,” improving the stock’s analyst-rating backdrop and potentially attracting additional institutional interest. HSBC upgrades Goldman Sachs
• Positive Sentiment: Goldman Sachs ranked as the leading M&A adviser in South and Central America during the first half of 2026, advising on three transactions valued at a combined $10.4 billion. The activity underscores continued strength in its advisory franchise and could support future fee revenue. Goldman Sachs tops South and Central America M&A rankings
• Positive Sentiment: Goldman Sachs is serving as a joint book-running manager on several recent equity offerings, including Latigo Biotherapeutics’ upsized $345.6 million IPO and Braveheart Bio’s $382.5 million IPO. These mandates generate underwriting fees and highlight healthy demand for new-issue markets. Latigo Biotherapeutics IPO Braveheart Bio IPO
• Neutral Sentiment: Goldman Sachs analysts identified European stocks with substantial potential upside, including Ceres Power. The research may reinforce the firm’s investment-research profile, but its direct impact on GS earnings is limited. Goldman Sachs European stock picks
• Neutral Sentiment: Goldman Sachs BDC reported strong second-quarter investment income and declared dividends. The announcement benefits the Goldman Sachs-branded platform but applies primarily to Goldman Sachs BDC (NYSE: GSBD), not directly to GS. Goldman Sachs BDC second-quarter results
• Negative Sentiment: Criticism of Goldman’s covered-call S&P 500 ETF focuses on fees and the quality of its income generation relative to lower-cost competitors. While the issue concerns an asset-management product rather than GS’s core businesses, it could create pressure on product competitiveness and investor sentiment. Goldman Sachs S&P 500 ETF fee criticism

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the completion of the sale, the chief financial officer directly owned 31,070 shares in the company, valued at $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.55% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

GS has been the topic of several recent research reports. 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 research report on Monday. Royal Bank Of Canada reissued a “neutral” rating on shares of The Goldman Sachs Group in a research report on Monday, April 13th. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. HSBC raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Finally, Dbs Bank upped their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,062.86.

The Goldman Sachs Group Trading Up 0.8%

NYSE:GS opened at $1,040.33 on Friday. The Goldman Sachs Group, Inc. has a 12 month low of $705.55 and a 12 month high of $1,153.99. The firm has a market cap of $302.91 billion, a price-to-earnings ratio of 16.06, a P/E/G ratio of 1.05 and a beta of 1.30. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17. The company’s 50 day moving average is $1,056.60 and its 200-day moving average is $957.86.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $16.22 billion. During the same period in the prior year, the firm earned $10.91 EPS. The Goldman Sachs Group’s quarterly revenue was up 39.4% compared to the same quarter last year. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The company 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. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) 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.