Triasima Portfolio Management inc. grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 14.0% during the second quarter, Holdings Channel.com reports. The firm owned 8,447 shares of the investment management company’s stock after buying an additional 1,036 shares during the period. Triasima Portfolio Management inc.’s holdings in The Goldman Sachs Group were worth $8,543,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the stock. Turim 21 Investimentos Ltda. purchased a new position in The Goldman Sachs Group during the first quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth approximately $26,000. Manning & Napier Advisors LLC lifted its position in The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after buying an additional 23 shares in the last quarter. Steph & Co. acquired a new stake in shares of The Goldman Sachs Group during the 1st quarter valued at $27,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $29,000. 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: NEOS acquisition strengthens ETF strategy: Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion in cash and equity. NEOS manages approximately $30–$32 billion across 19 options-based income ETFs, including Bitcoin- and Ethereum-linked products. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. Goldman Sachs to buy ETF manager NEOS in $2.25bn deal
- Positive Sentiment: Potential for recurring fee growth: The deal expands Goldman Sachs Asset Management’s active and derivatives-based ETF capabilities, particularly products designed to generate income through options. It could lift Goldman’s active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, improving its competitive position in a rapidly growing segment. Will GS’s Push Into Options-Based ETFs Enhance Its Competitive Edge?
- Neutral Sentiment: Strong earnings provide a fundamental cushion: Goldman’s latest quarterly report substantially exceeded expectations, with earnings per share of $20.98 versus a $14.47 consensus estimate and revenue of $20.34 billion versus $16.22 billion expected. However, analysts are monitoring whether the earnings momentum can continue after the stock’s post-results pullback. Why Is Goldman Down 10% Since Last Earnings Report?
- Negative Sentiment: Acquisition and market risks remain: Paying as much as $2.25 billion for NEOS creates integration and return-on-investment risks, while crypto-linked and options-based ETFs may be more sensitive to volatility, investor demand and regulatory changes. Elevated interest rates, oil-market uncertainty and broader risk-off trading could also pressure Goldman’s investment-banking and trading businesses.
The Goldman Sachs Group Stock Up 0.5%
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The firm had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The Goldman Sachs Group’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same period in the prior year, the company posted $10.91 earnings per share. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current fiscal year.
The Goldman Sachs Group Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid 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 is Tuesday, September 1st. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.
Wall Street Analysts Forecast Growth
GS has been the topic of a number of research reports. BMO Capital Markets upped their price target on shares of The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 15th. Weiss Ratings raised The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 6th. Keefe, Bruyette & Woods boosted their target price on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a “market perform” rating in a research note on Wednesday, July 15th. Rothschild & Co Redburn upped their target price on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research note on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,062.86.
Get Our Latest Research Report on GS
The Goldman Sachs Group Company 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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