The Goldman Sachs Group, Inc. $GS Stock Bought by GoalVest Advisory LLC

GoalVest Advisory LLC raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 431.6% in the third quarter, Holdings Channel.com reports. The fund owned 17,586 shares of the investment management company’s stock after purchasing an additional 14,278 shares during the period. The Goldman Sachs Group makes up approximately 0.8% of GoalVest Advisory LLC’s investment portfolio, making the stock its 21st biggest position. GoalVest Advisory LLC’s holdings in The Goldman Sachs Group were worth $15,834,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Orange County Employees Retirement System purchased a new position in shares of The Goldman Sachs Group during the 2nd quarter worth approximately $69,537,544,000. BlackRock Inc. purchased a new stake in The Goldman Sachs Group in the second quarter valued at approximately $24,172,123,000. State Street Corp lifted its stake in The Goldman Sachs Group by 2.1% during the fourth quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after purchasing an additional 394,198 shares in the last quarter. Bank of America Corp DE acquired a new position in The Goldman Sachs Group during the second quarter worth $6,756,772,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of The Goldman Sachs Group during the second quarter worth $2,560,028,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs increased its quarterly dividend for the second time this year. The higher payout reflects strong recent earnings and capital levels, supporting the investment case for income-oriented shareholders, although future increases will depend on whether earnings momentum persists. Goldman Sachs Boosted Its Dividend Again: What Comes Next?
• Positive Sentiment: Redemptions from Goldman Sachs Private Credit Corp. fell to 2% of shares outstanding in the third quarter, below the fund’s 5% repurchase limit and down from the prior quarter. The data suggests comparatively stable investor demand for Goldman’s private-credit platform amid broader industry redemption concerns. Goldman Sachs private credit BDC redemptions come in below 5% again in Q3
• Positive Sentiment: Goldman is committing up to £500 million to UK housebuilding lender Quantum Development Finance, taking its total exposure to as much as £700 million. The deal expands Goldman’s lending activity and could generate additional financing revenue, though it also increases exposure to property-market and credit risks. Goldman commits £500m to SME housebuilding lender Quantum
• Neutral Sentiment: Reports that COO John Waldron could succeed David Solomon as CEO as early as 2027 or 2028 point to a potentially orderly transition. Analysts characterize Waldron as a continuity candidate, but succession uncertainty may remain a focus for investors. Goldman Sachs CEO succession would signal continuity
• Neutral Sentiment: Goldman shifted its forecast for the Federal Reserve’s next rate hike from October to December after softer inflation data. Delayed tightening could support capital-markets activity and asset valuations, but lower rates may also pressure some banking-sector interest income. Goldman Sachs pushes Fed rate hike forecast to December
• Negative Sentiment: Goldman reportedly bought approximately $220 million of Shein shares after the fast-fashion company’s Hong Kong listing, where shares have since fallen 38%. The investment raises potential mark-to-market and reputational concerns, although the effect on Goldman’s overall results is likely limited. Goldman bought Shein shares worth $220 million after dismal IPO

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Oppenheimer downgraded The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Morgan Stanley set a $1,145.00 target price on The Goldman Sachs Group in a research report on Wednesday, July 15th. Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Weiss Ratings raised shares of The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. Finally, Wells Fargo & Company reduced their price target on shares of The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating on the stock in a research report on Friday, September 25th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $1,073.60.

The Goldman Sachs Group Stock Up 0.7%

GS traded up $6.24 on Friday, hitting $902.91. 780,066 shares of the company were exchanged, compared to its average volume of 2,200,980. The Goldman Sachs Group, Inc. has a twelve month low of $740.01 and a twelve month high of $1,153.99. The company has a market cap of $262.90 billion, a price-to-earnings ratio of 13.93, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29. 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 firm has a 50-day moving average price of $1,006.44 and a two-hundred day moving average price of $984.83.

The Goldman Sachs Group (NYSE:GS) 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 analysts’ consensus estimates of $14.47 by $6.51. The company 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 Goldman Sachs Group’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same quarter last year, the company earned $10.91 EPS. On average, equities analysts predict that The Goldman Sachs Group, Inc. will post 68.98 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st were paid a dividend of $5.00 per share. The ex-dividend date was Tuesday, September 1st. This is a positive change 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 2.2%. The Goldman Sachs Group’s payout ratio is currently 30.87%.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.

Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.