Equitable Holdings Inc. Buys New Position in The Goldman Sachs Group, Inc. $GS

Posted by Geri Gentry on Aug 28th, 2026

Equitable Holdings Inc. bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 30,378 shares of the investment management company’s stock, valued at approximately $30,724,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GS. BlackRock Inc. bought a new position in shares of The Goldman Sachs Group in the second quarter valued at approximately $24,172,123,000. Bank of America Corp DE bought a new stake in The Goldman Sachs Group during the second quarter worth approximately $6,756,772,000. Norges Bank bought a new stake in The Goldman Sachs Group during the fourth quarter worth approximately $2,515,830,000. Orange County Employees Retirement System acquired a new stake in The Goldman Sachs Group in the second quarter worth approximately $69,537,544,000. Finally, Bank of New York Mellon Corp bought a new position in The Goldman Sachs Group during the 2nd quarter valued at $2,560,028,000. 71.21% of the stock is currently owned by institutional investors.

Trending Headlines about The Goldman Sachs Group

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

Positive Sentiment: Goldman Sachs’ latest quarterly results provide a strong fundamental backdrop: earnings per share reached $20.98, well above the $14.47 consensus estimate, while revenue rose 39.4% year over year to $20.34 billion. The firm also reported a 19.16% return on equity, reinforcing confidence in profitability and earnings momentum.
Positive Sentiment: The bank continues to broaden its capital-markets and investment-management footprint through fixed-income issuance, ETFs, mutual funds, alternative investments and retail products. Goldman’s planned acquisition of NEOS is especially notable because the ETF firm recently posted 223.3% organic growth, potentially strengthening Goldman’s fee-based asset-management business. How Goldman Sachs’ Expanding Capital Markets Role and New Bond Issuances Could Reframe the GS Narrative
Positive Sentiment: Goldman’s research activity remains supportive of market-related businesses: the firm raised its Nvidia price target after another strong report, which could benefit Goldman’s trading, investment-banking and technology-sector franchise if AI investment remains strong. Its investment in AI-video startup Higgsfield also provides exposure to emerging technology growth. Nvidia stock is climbing after another set of blockbuster results
Neutral Sentiment: Goldman expects the Federal Reserve not to raise interest rates in September and argues that Treasury buybacks are unlikely to materially reduce long-term borrowing costs. These views may affect bond-market activity and client positioning, but their direct impact on GS earnings is uncertain. Goldman Says No September Hike
Neutral Sentiment: Goldman executives warned that excessive reliance on artificial intelligence could weaken junior bankers’ analytical development. The comments highlight long-term workforce and execution risks, although they do not indicate an immediate financial impact. Goldman Sachs exec says AI is eroding bankers’ ability to think
Negative Sentiment: Reports that the SEC subpoenaed Goldman Sachs and other major banks over margin lending to hedge fund Situational Awareness put leverage, collateral and risk-management practices back under scrutiny. The fund reportedly suffered a 67% drawdown during an AI-stock sell-off, creating potential regulatory, legal and reputational risks for GS. SEC Probe Puts Wall Street Leverage Risk Back in Focus

Analysts Set New Price Targets

GS has been the topic of several research analyst reports. BMO Capital Markets lifted their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company a “market perform” rating in a research report on Wednesday, July 15th. Jefferies Financial Group set a $1,299.00 target price on The Goldman Sachs Group in a research note on Wednesday, July 15th. Zacks Research raised The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Wall Street Zen cut shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a 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 issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, The Goldman Sachs Group has an average rating of “Moderate Buy” and an average price target of $1,062.86.

View Our Latest Report on GS

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $1,040.49 on Friday. The company has a market capitalization of $302.96 billion, a PE ratio of 16.06, a price-to-earnings-growth 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 stock has a fifty day moving average of $1,050.20 and a 200-day moving average of $968.10. The Goldman Sachs Group, Inc. has a one year low of $721.16 and a one year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its earnings results 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 Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The business had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same period in the previous year, the firm posted $10.91 EPS. The company’s quarterly revenue was up 39.4% on a year-over-year basis. As a group, 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, September 1st. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is presently 27.78%.

The Goldman Sachs Group Profile

(Free Report)

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.