Capital Analysts LLC Has $34.98 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

Capital Analysts LLC trimmed its position in shares of The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 2.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,585 shares of the investment management company’s stock after selling 897 shares during the period. The Goldman Sachs Group makes up approximately 0.8% of Capital Analysts LLC’s holdings, making the stock its 23rd largest holding. Capital Analysts LLC’s holdings in The Goldman Sachs Group were worth $34,979,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Turim 21 Investimentos Ltda. bought a new stake in The Goldman Sachs Group in the 1st quarter valued at $25,000. Strive Financial Group LLC lifted its holdings in shares of The Goldman Sachs Group by 316.7% during the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock worth $25,000 after acquiring an additional 19 shares during the period. BOK Financial Private Wealth Inc. boosted its position in shares of The Goldman Sachs Group by 188.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 17 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in The Goldman Sachs Group in the fourth quarter valued at about $26,000. Finally, Steph & Co. bought a new stake in The Goldman Sachs Group in the first quarter valued at about $27,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on GS shares. Oppenheimer cut shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research note on Tuesday, June 30th. Bank of America increased their target price on The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Morgan Stanley set a $1,145.00 target price on The Goldman Sachs Group in a research report on Wednesday, July 15th. Wells Fargo & Company boosted their price target on The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Finally, Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,062.86.

Read Our Latest Analysis on The Goldman Sachs Group

More The Goldman Sachs Group News

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

  • Positive Sentiment: Digital-asset expansion: Goldman agreed to acquire the firm behind a popular Bitcoin income fund for approximately $2.25 billion. The transaction could broaden Goldman’s asset-management and cryptocurrency offerings and create additional fee revenue, although integration and crypto-market risks remain. Goldman Is Paying $2.25 Billion for the Firm Behind This Bitcoin Income Fund
  • Positive Sentiment: Growth investments continue: Goldman opened a Bellevue, Washington, engineering office for more than 125 employees focused on artificial intelligence and cloud transformation. The initiative supports efficiency gains, technology modernization and new financial-product capabilities over time. Goldman expands AI push with new engineering office in Bellevue
  • Positive Sentiment: Asset-management expansion: Goldman is expanding its Canadian asset-management operations through a deal with IG Wealth Management, following additions of Canadian pension assets. The move could strengthen recurring management-fee revenue and diversify the business beyond investment banking. Goldman expands in Canada via asset management deal with IG
  • Neutral Sentiment: Oil outlook raises trading opportunities but also macro risk: Goldman lifted its Brent and WTI forecasts because of Middle East shipping disruptions and warned Brent could reach $120 if Gulf supply remains constrained. Higher volatility may benefit Goldman’s trading business, but elevated oil prices could worsen inflation and pressure the broader economy. Goldman Sachs flips on oil-price forecasts and says $120 Brent could be next
  • Negative Sentiment: Capital-markets slowdown is a risk: Analysts warn that momentum in capital-markets activity is fading in the third quarter. A weaker deal environment could temper investment-banking revenue and offset gains from asset management, technology and trading. Capital Markets Momentum Fades: What it Means for Big Banks in Q3

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock opened at $1,034.99 on Wednesday. The stock has a market capitalization of $301.36 billion, a price-to-earnings ratio of 15.97, a P/E/G ratio of 1.05 and a beta of 1.29. The firm’s 50-day moving average price is $1,044.54 and its two-hundred day moving average price is $973.81. 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 Goldman Sachs Group, Inc. has a 1-year low of $738.54 and a 1-year high of $1,153.99.

The Goldman Sachs Group (NYSE:GSGet Free Report) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating 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 company had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same period last year, the company posted $10.91 earnings per share. The firm’s quarterly revenue was up 39.4% compared to the same quarter last year. On average, equities analysts predict 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 announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be given a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 1st. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is presently 30.87%.

The Goldman Sachs Group Company Profile

(Free Report)

The Goldman Sachs Group, Inc (NYSE:GS) is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individuals. The company is headquartered in New York City and serves clients across North America, Europe, Asia-Pacific and other international markets.

Through its Global Banking & Markets segment, Goldman Sachs advises clients on mergers and acquisitions, capital raising, restructuring and other strategic transactions.

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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