Revolve Wealth Partners LLC boosted its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 79.2% in the second quarter, Holdings Channel.com reports. The fund owned 1,505 shares of the investment management company’s stock after buying an additional 665 shares during the quarter. Revolve Wealth Partners LLC’s holdings in The Goldman Sachs Group were worth $1,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in The Goldman Sachs Group in the 4th quarter valued at $2,515,830,000. Corient Private Wealth LLC increased its stake in The Goldman Sachs Group by 1,657.7% in the 4th quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock valued at $2,282,312,000 after buying an additional 2,448,767 shares during the period. International Assets Investment Management LLC purchased a new position in The Goldman Sachs Group during the 1st quarter worth $2,024,921,000. Bank of America Corp DE lifted its stake in shares of The Goldman Sachs Group by 8.0% in the 1st quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock worth $5,460,875,000 after acquiring an additional 476,977 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of The Goldman Sachs Group by 428.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock valued at $488,947,000 after acquiring an additional 450,984 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Stock Down 0.8%
The Goldman Sachs Group stock opened at $1,031.06 on Tuesday. The Goldman Sachs Group, Inc. has a fifty-two week low of $705.55 and a fifty-two week high of $1,153.99. The firm has a market capitalization of $300.21 billion, a price-to-earnings ratio of 15.91, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The stock’s fifty day moving average is $1,056.24 and its two-hundred day moving average is $958.46. 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 Goldman Sachs Group Increases Dividend
The firm also recently announced 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 is an increase 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 yield of 1.9%. The Goldman Sachs Group’s payout ratio is 27.78%.
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 value of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at $30,248,198.50. This represents a 18.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.55% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on GS shares. Bank of America raised their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Daiwa Securities Group increased their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. BNP Paribas Exane reduced their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Dbs Bank upped their price objective on The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Finally, Wells Fargo & Company increased their price objective on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and an average price target of $1,062.86.
Read Our Latest Analysis on The Goldman Sachs Group
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs is reportedly working with Nvidia, Apollo and Blackstone on a potential $500 billion financing effort to support the expansion of AI data centers. The mandate could generate substantial advisory, underwriting and financing revenue while reinforcing Goldman’s position in one of the market’s fastest-growing sectors. Wall Street giants partner with Nvidia on $500bn AI financing deal
- Positive Sentiment: Goldman ranked as the leading mergers-and-acquisitions adviser in the Middle East and Africa during the first half of 2026, working on three transactions worth a combined $34.8 billion. The result highlights continued strength in its investment-banking franchise. Goldman Sachs tops MEA M&A adviser table in H1 2026
- Positive Sentiment: CyrusOne is considering a potential 2027 IPO, and Goldman Sachs was among the banks pitching for roles. Winning a mandate for a large data-center offering would provide future underwriting and advisory revenue, although no appointment has been announced. Data center operator CyrusOne plans potential 2027 IPO
- Neutral Sentiment: Regulatory filings showed Goldman adjusting or disclosing stakes in Qiagen, Ontex and Metallium. These portfolio-position changes may affect the individual companies but do not appear to materially change Goldman’s earnings outlook. Goldman Sachs Discloses 2.63% Voting Interest in Qiagen
- Negative Sentiment: Brazilian civil police formally accused two Goldman Sachs representatives of fraud in a dispute involving a tender offer for minority shares of cancer-care company Oncoclinicas. The accusations are not a conviction, but the development raises legal, reputational and potential financial-liability concerns for Goldman. Brazilian police accuse Goldman executives of fraud over Oncoclinicas tender offer
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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