GAMMA Investing LLC Purchases 1,051 Shares of The Goldman Sachs Group, Inc. $GS

GAMMA Investing LLC increased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 11.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 10,612 shares of the investment management company’s stock after acquiring an additional 1,051 shares during the quarter. GAMMA Investing LLC’s holdings in The Goldman Sachs Group were worth $10,733,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Norges Bank bought a new position in The Goldman Sachs Group in the 4th quarter worth about $2,515,830,000. Corient Private Wealth LLC raised its holdings in shares of 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 acquiring an additional 2,448,767 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of The Goldman Sachs Group during the 1st quarter valued at about $2,024,921,000. Bank of America Corp DE boosted its position in shares of The Goldman Sachs Group by 8.0% during the 1st quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock valued at $5,460,875,000 after acquiring an additional 476,977 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of The Goldman Sachs Group by 428.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock worth $488,947,000 after purchasing an additional 450,984 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of NYSE GS opened at $1,054.16 on Wednesday. The stock’s 50-day moving average is $1,054.44 and its 200 day moving average is $956.16. The stock has a market cap of $310.99 billion, a price-to-earnings ratio of 16.27, a P/E/G ratio of 1.04 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 1-year low of $705.55 and a 1-year high of $1,153.99. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 2.83.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 18.59% and a net margin of 15.53%.The business 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 earned $10.91 earnings per share. The Goldman Sachs Group’s revenue for the quarter was up 39.4% on a year-over-year basis. On average, sell-side 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 27.78%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Weiss Ratings downgraded shares of The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. 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. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. Citigroup raised their price objective on shares of The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Finally, Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, The Goldman Sachs Group has a consensus rating of “Hold” and a consensus target price of $1,062.86.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: AI strategy supports longer-term growth. Goldman is embedding artificial intelligence across its operations to improve productivity, expand fee-based revenue and drive a broader firmwide transformation. Investors may view the strategy as a potential source of operating leverage and new business opportunities. Goldman’s AI Strategy: Transforming Operations and Unlocking New Growth
• Positive Sentiment: New reinsurance transaction highlights capital-markets activity. Goldman and Talcott completed a $1 billion capital raise tied to a reinsurance deal, reinforcing Goldman’s role in alternative capital formation and insurance-related transactions. Goldman Sachs and Talcott Close on $1B Capital Raise in Reinsurance Deal
• Positive Sentiment: Premium-income ETFs are gaining investor attention. Goldman’s GPIX and GPIQ reportedly compare favorably with JPMorgan’s JEPI and JEPQ on yield, fees and total returns, supporting the firm’s push to expand its retail-focused asset-management franchise. Goldman Sachs Premium Income ETFs Are Beating JPMorgan on Yield and Returns
• Positive Sentiment: Recent operating momentum remains a key support. Goldman’s latest reported quarter significantly exceeded consensus expectations for earnings and revenue, with revenue up sharply year over year. That performance helps underpin investor confidence despite the stock’s premium valuation.
• Neutral Sentiment: Fed communication and geopolitical risks could increase volatility. Goldman warned that reduced forward guidance from the Federal Reserve may leave markets with fewer reliable facts, potentially amplifying misinformation and instability. Separately, oil-market disruption and Iran-related uncertainty could create both trading opportunities and broader macroeconomic risks. Kevin Warsh Told Wall Street He’d Be Sharing Less
• Negative Sentiment: Valuation and AI-market concerns remain an overhang. Goldman strategists have cautioned that markets may be experiencing an “earnings bubble,” while other analysts warn that the AI rally shows characteristics of prior speculative episodes. A sharper market pullback could reduce trading, investment-banking and asset-management activity. Wall Street Bulls Are Starting to Admit the Earnings Bubble Is Real

Insider Activity

In other news, CFO Denis P. Coleman sold 6,857 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This represents a 18.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.55% of the company’s stock.

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.