The Goldman Sachs Group, Inc. $GS Shares Purchased by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC boosted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 159.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 3,469 shares of the investment management company’s stock after buying an additional 2,134 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in The Goldman Sachs Group were worth $3,509,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in GS. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group in the first quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC acquired a new position in The Goldman Sachs Group in the 4th quarter valued at $26,000. Manning & Napier Advisors LLC raised its stake 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 valued at $27,000 after purchasing an additional 23 shares during the last quarter. Steph & Co. purchased a new position in The Goldman Sachs Group in the 1st quarter valued at $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in The Goldman Sachs Group in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GS shares. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Barclays upped their price objective on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Finally, Keefe, Bruyette & Woods raised their target price on shares of The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,062.86.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman agreed to acquire NEOS Investments for up to $2.25 billion. NEOS manages approximately $30 billion across 19 options-based income ETFs, including funds linked to Bitcoin and Ether. The transaction would strengthen Goldman Sachs Asset Management’s position in actively managed ETFs, a fast-growing segment focused on monthly income and downside management. Goldman Sachs to Acquire NEOS Investments
• Positive Sentiment: The deal could lift Goldman’s active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, following the earlier Innovator Capital acquisition. The scale may improve distribution, product breadth and recurring management-fee revenue. The transaction is expected to close in the first quarter of 2027, pending regulatory approval. Goldman’s Latest ETF Deal
• Positive Sentiment: Goldman is one of six major financial firms helping NVIDIA mobilize more than $500 billion of third-party capital for AI infrastructure. The initiative could generate financing, advisory and asset-management opportunities while deepening Goldman’s relationships with technology and institutional-investment clients. Goldman Sachs and NVIDIA AI Financing
• Neutral Sentiment: The ETF acquisition expands Goldman’s exposure to options-based and cryptocurrency-linked products, but the purchase price is substantial and the benefits depend on continued asset growth, investor demand and successful integration.
• Negative Sentiment: Goldman staff were reportedly named as suspects in a Brazil investigation involving a shareholder dispute at cancer-care company Oncoclínicas. The matter represents a potential legal and reputational risk, although no material financial impact was specified. Goldman Staff Named in Brazil Investigation

The Goldman Sachs Group Trading Up 0.0%

Shares of GS stock opened at $1,034.85 on Thursday. The company’s 50-day moving average price is $1,055.39 and its 200-day moving average price is $959.59. 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 market cap of $301.32 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 1.05 and a beta of 1.30. The Goldman Sachs Group, Inc. has a twelve month low of $705.55 and a twelve month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The firm had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. During the same quarter in the prior year, the firm posted $10.91 earnings per share. The Goldman Sachs Group’s quarterly revenue was up 39.4% on a year-over-year basis. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The company 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 $5.00 dividend. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend 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%.

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.