2,372 Shares in The Goldman Sachs Group, Inc. $GS Bought by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. acquired a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the second quarter, HoldingsChannel.com reports. The firm acquired 2,372 shares of the investment management company’s stock, valued at approximately $2,399,000.

A number of other institutional investors also recently bought and sold shares of GS. Turim 21 Investimentos Ltda. bought a new stake in shares of The Goldman Sachs Group during the 1st quarter valued at about $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $26,000. Manning & Napier Advisors LLC lifted its stake in shares of 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 worth $27,000 after purchasing an additional 23 shares during the period. Steph & Co. bought a new position in shares of The Goldman Sachs Group in the 1st quarter worth approximately $27,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $29,000. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Up 0.8%

Shares of NYSE:GS opened at $1,040.33 on Friday. The stock has a 50 day moving average of $1,056.60 and a 200 day moving average of $957.86. The company has a market cap of $302.91 billion, a PE ratio of 16.06, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 12-month low of $705.55 and a 12-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 Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, topping 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 company had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter last year, the business earned $10.91 EPS. The firm’s revenue was up 39.4% compared to the same quarter last year. As a group, equities research analysts expect that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed 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 a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s payout ratio is 30.87%.

Trending Headlines about The Goldman Sachs Group

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

• Positive Sentiment: HSBC upgraded GS to “strong-buy,” improving the stock’s analyst-rating backdrop and potentially attracting additional institutional interest. HSBC upgrades Goldman Sachs
• Positive Sentiment: Goldman Sachs ranked as the leading M&A adviser in South and Central America during the first half of 2026, advising on three transactions valued at a combined $10.4 billion. The activity underscores continued strength in its advisory franchise and could support future fee revenue. Goldman Sachs tops South and Central America M&A rankings
• Positive Sentiment: Goldman Sachs is serving as a joint book-running manager on several recent equity offerings, including Latigo Biotherapeutics’ upsized $345.6 million IPO and Braveheart Bio’s $382.5 million IPO. These mandates generate underwriting fees and highlight healthy demand for new-issue markets. Latigo Biotherapeutics IPO Braveheart Bio IPO
• Neutral Sentiment: Goldman Sachs analysts identified European stocks with substantial potential upside, including Ceres Power. The research may reinforce the firm’s investment-research profile, but its direct impact on GS earnings is limited. Goldman Sachs European stock picks
• Neutral Sentiment: Goldman Sachs BDC reported strong second-quarter investment income and declared dividends. The announcement benefits the Goldman Sachs-branded platform but applies primarily to Goldman Sachs BDC (NYSE: GSBD), not directly to GS. Goldman Sachs BDC second-quarter results
• Negative Sentiment: Criticism of Goldman’s covered-call S&P 500 ETF focuses on fees and the quality of its income generation relative to lower-cost competitors. While the issue concerns an asset-management product rather than GS’s core businesses, it could create pressure on product competitiveness and investor sentiment. Goldman Sachs S&P 500 ETF fee criticism

Wall Street Analysts Forecast Growth

GS has been the subject of several recent research reports. Wells Fargo & Company boosted their target price on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Wall Street Zen upgraded shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Dbs Bank boosted their price objective on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. Finally, BMO Capital Markets upped their price objective on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 15th. Two 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 assigned a Sell rating to the stock. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Moderate Buy” and an average price target of $1,062.86.

Insider Activity at The Goldman Sachs Group

In related news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the transaction, the chief financial officer owned 31,070 shares in the company, valued at approximately $30,248,198.50. The trade was a 18.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.55% of the stock is owned by insiders.

About The Goldman Sachs Group

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.