Poehling Capital Management INC. lessened its stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 86.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 722 shares of the investment management company’s stock after selling 4,705 shares during the period. Poehling Capital Management INC.’s holdings in The Goldman Sachs Group were worth $730,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently made changes to their positions in the company. Turim 21 Investimentos Ltda. acquired a new stake in shares of The Goldman Sachs Group during the 1st quarter valued at about $25,000. Garton & Associates Financial Advisors LLC acquired a new position in The Goldman Sachs Group in the 4th quarter worth about $26,000. Manning & Napier Advisors LLC boosted its position in The Goldman Sachs Group by 287.5% during the fourth 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 in the last quarter. Steph & Co. purchased a new position in The Goldman Sachs Group during the first quarter worth approximately $27,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in The Goldman Sachs Group in the fourth quarter valued at approximately $29,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about The Goldman Sachs Group
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 Stock Up 0.0%
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping analysts’ consensus estimates of $14.47 by $6.51. The business had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The company’s revenue was up 39.4% compared to the same quarter last year. During the same period in the prior year, the business posted $10.91 EPS. On average, equities research 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend 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 payout ratio is currently 27.78%.
Analyst Upgrades and Downgrades
GS has been the subject of several recent analyst reports. 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. Barclays increased 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 report on Wednesday, July 15th. Dbs Bank lifted their target price on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a research report on Thursday, May 7th. BMO Capital Markets boosted their target price on shares of 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. Finally, UBS Group upped their price target on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,062.86.
Read Our Latest Research Report on GS
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.
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