National Pension Service Has $678.09 Million Holdings in The Goldman Sachs Group, Inc. $GS

National Pension Service trimmed its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 670,463 shares of the investment management company’s stock after selling 4,374 shares during the quarter. National Pension Service’s holdings in The Goldman Sachs Group were worth $678,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Sky Investment Group LLC boosted its holdings in shares of The Goldman Sachs Group by 0.9% in the 2nd quarter. Sky Investment Group LLC now owns 1,168 shares of the investment management company’s stock worth $1,181,000 after acquiring an additional 10 shares in the last quarter. Warren Street Wealth Advisors LLC increased its holdings in The Goldman Sachs Group by 3.9% during the 2nd quarter. Warren Street Wealth Advisors LLC now owns 269 shares of the investment management company’s stock valued at $272,000 after purchasing an additional 10 shares in the last quarter. Welch & Forbes LLC raised its holdings in shares of The Goldman Sachs Group by 0.8% in the fourth quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock valued at $1,257,000 after buying an additional 11 shares during the last quarter. First Financial Group Corp grew its holdings in The Goldman Sachs Group by 4.7% during the 1st quarter. First Financial Group Corp now owns 246 shares of the investment management company’s stock worth $208,000 after acquiring an additional 11 shares during the last quarter. Finally, Meadow Creek Wealth Advisors LLC grew its holdings in The Goldman Sachs Group by 1.7% during the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 673 shares of the investment management company’s stock worth $569,000 after acquiring an additional 11 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

More The Goldman Sachs Group News

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

• Positive Sentiment: Expanding Canadian wealth-management platform: Goldman’s deeper collaboration with IG Wealth Management broadens its Canadian distribution reach, increases assets under management and creates additional recurring fee opportunities. The deal aligns with GS’s strategy of diversifying beyond trading and investment banking. Goldman’s IG Deal Expands Canadian Wealth Reach and AWM Scale
• Positive Sentiment: Continued investment in AI: Goldman opened a Bellevue, Washington, engineering office for more than 125 employees focused on artificial intelligence and cloud transformation. The move could improve operating efficiency and strengthen the firm’s technology capabilities, although benefits are longer term. Goldman expands AI push with new engineering office in Bellevue
• Positive Sentiment: Asset-management scale remains a strategic priority: Goldman reportedly agreed to pay $2.25 billion for the firm behind a Bitcoin income fund. The acquisition could expand alternative-investment and fee-generating capabilities, though execution and cryptocurrency-related risks remain. Goldman Is Paying $2.25 Billion for the Firm Behind This Bitcoin Income Fund
• Neutral Sentiment: Oil outlook highlights both opportunity and risk: Goldman raised its crude-price forecasts and warned Brent could reach $120 if Strait of Hormuz shipping disruptions persist. Higher volatility may benefit Goldman’s commodities and trading businesses, but prolonged conflict could fuel inflation, delay interest-rate cuts and weaken dealmaking and market sentiment. Oil prices approach $100 as Middle East conflict flares
• Negative Sentiment: Geopolitical and market risks may be driving caution: Escalating U.S.-Iran tensions and potential Gulf supply disruptions increase uncertainty across global markets. These risks can pressure financial stocks even when they create trading opportunities, particularly given GS’s elevated valuation and recent gains.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS opened at $1,030.86 on Thursday. 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 $740.01 and a 1-year high of $1,153.99. The stock has a market capitalization of $300.16 billion, a P/E ratio of 15.91, a P/E/G ratio of 1.05 and a beta of 1.29. The business has a 50-day moving average price of $1,044.76 and a two-hundred day moving average price of $974.61.

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, beating the consensus estimate 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 analyst estimates of $16.22 billion. During the same quarter last year, the firm earned $10.91 EPS. The company’s revenue for the quarter was up 39.4% on a year-over-year basis. 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a $5.00 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group’s payout ratio is 30.87%.

Analyst Ratings Changes

GS has been the subject of a number of research analyst reports. 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. CICC Research increased their price target on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Finally, UBS Group upped their price objective on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Two equities research 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,062.86.

About The Goldman Sachs Group

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.