Nan Shan Life Insurance Co. Ltd. acquired a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 6,800 shares of the investment management company’s stock, valued at approximately $6,877,000.
Several other hedge funds have also recently made changes to their positions in GS. BlackRock Inc. purchased a new stake in The Goldman Sachs Group during the 2nd quarter valued at about $24,172,123,000. Bank of America Corp DE acquired a new position in The Goldman Sachs Group in the 2nd quarter worth approximately $6,756,772,000. Norges Bank purchased a new position in The Goldman Sachs Group during the 4th quarter worth approximately $2,515,830,000. Orange County Employees Retirement System acquired a new stake in The Goldman Sachs Group during the 2nd quarter valued at approximately $69,537,544,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of The Goldman Sachs Group in the 2nd quarter valued at $2,560,028,000. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group Stock Performance
NYSE GS opened at $999.47 on Wednesday. The stock has a market capitalization of $291.02 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 1.04 and a beta of 1.29. The Goldman Sachs Group, Inc. has a twelve month low of $721.16 and a twelve month high of $1,153.99. 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 stock has a 50-day moving average of $1,045.40 and a 200 day moving average of $969.67.
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. The ex-dividend date of this dividend is 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 annualized dividend and a yield of 2.0%. The Goldman Sachs Group’s payout ratio is 27.78%.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs’ investment-banking fees rose 52% in the first half of 2026, supported by broad-based gains and a record advisory backlog. The backlog could sustain deal activity and revenue momentum, although investors may be watching whether the improvement continues. Goldman’s IB Fees Jump 52% in 1H26: Will the Uptrend Continue?
- Positive Sentiment: GS joined a 21-firm consortium planning a regulated U.S.-dollar stablecoin in the first half of 2027, with potential expansion into euro and other G7 currencies. The initiative could create new payments, custody and trading opportunities for traditional banks, though execution and regulatory approval remain outstanding. Bank Of America, Goldman Sachs, Citi Join Push to Launch Global Stablecoin
- Positive Sentiment: Zacks added Goldman Sachs to its Strong Buy lists, including its income-stock list, reinforcing favorable near-term analyst sentiment. New Strong Buy Stocks for September 1st
- Neutral Sentiment: Goldman Sachs expects gold to reach $4,900 per ounce by year-end and has issued warnings on diesel and oil markets. These forecasts may benefit its research, commodities and trading franchises, but they are not direct earnings catalysts for GS. Gold Is Up Nearly 30% in the Last Year, But Goldman Sachs Sees More Room to Run
- Negative Sentiment: Goldman Sachs and other major banks are asking elite law firms to reduce hourly fees as artificial intelligence lowers the time required for research and routine legal work. Lower expenses could help clients, but pressure on professional-services pricing highlights ongoing cost scrutiny and possible disruption from AI. Wall Street banks ask elite law firms to cut hourly billings
- Negative Sentiment: The latest session-specific coverage indicated GS underperformed the broader market, suggesting investors were taking profits or favoring caution despite the company’s favorable operating and analyst updates. Why Goldman Sachs Dipped More Than the Broader Market
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Jefferies Financial Group set a $1,299.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Oppenheimer downgraded The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. Daiwa Securities Group boosted their price objective on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Rothschild & Co Redburn raised their target price on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Finally, Wall Street Zen cut The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.
Check Out Our Latest Analysis on The Goldman Sachs Group
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.
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