Corient Private Wealth LP acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 586,661 shares of the investment management company’s stock, valued at approximately $161,907,000. Corient Private Wealth LP owned approximately 0.20% of The Goldman Sachs Group as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Turim 21 Investimentos Ltda. acquired a new stake in The Goldman Sachs Group in the first quarter valued at approximately $25,000. BOK Financial Private Wealth Inc. raised its stake in shares of The Goldman Sachs Group by 188.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock worth $26,000 after buying an additional 17 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $26,000. Manning & Napier Advisors LLC lifted its position in shares of The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares in the last quarter. Finally, Steph & Co. acquired a new stake in The Goldman Sachs Group in the 1st quarter valued at $27,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.
Key The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman Sachs’ planned acquisition of NEOS appears increasingly attractive after the ETF firm reported 223.3% organic growth over the past year, strengthening the case for Goldman’s expansion in high-growth, fee-generating investment products. Goldman Sachs’ NEOS Bet Looks Smart
- Positive Sentiment: GS and Intel backed AI video startup Higgsfield in a $400 million funding round valuing the company at $5.4 billion. The investment provides Goldman with exposure to corporate AI marketing demand, although the financial impact is likely to be limited near term. Goldman Sachs and Intel Back AI Video Startup
- Positive Sentiment: Recent fundamentals remain supportive: Goldman’s latest quarter produced a substantial earnings beat, revenue growth of nearly 40% year over year and a 19.16% return on equity, reinforcing confidence in its market-sensitive and fee-based businesses.
- Neutral Sentiment: Goldman analysts continue to influence investor sentiment across AI and technology markets, including a Street-high $328 price target for Nebius. These calls may support Goldman’s franchise and client activity but do not directly change GS earnings. Goldman Sets Street-High Nebius Price Target
- Negative Sentiment: The SEC reportedly subpoenaed Goldman and other major prime brokers over the collapse of leveraged AI hedge fund Situational Awareness. While Goldman’s strong balance sheet limits immediate solvency concerns, potential tighter margin rules, higher capital requirements or reduced leverage could pressure prime-brokerage revenue and market liquidity. Goldman Sachs and Banks Face Subpoenas Over AI Hedge Fund
- Negative Sentiment: Goldman executives’ warnings that excessive AI reliance could erode bankers’ reasoning skills highlight potential operational and talent risks as the firm expands artificial-intelligence use. Goldman Executive Warns of AI Cognitive Atrophy
The Goldman Sachs Group Price Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share 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 period in the previous year, the business posted $10.91 EPS. The Goldman Sachs Group’s revenue was up 39.4% on a year-over-year basis. Sell-side analysts anticipate 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. Investors of record on Tuesday, September 1st will be issued a $5.00 dividend. 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 ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is currently 27.78%.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the stock. CICC Research upped their price objective on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. JPMorgan Chase & Co. lifted their target price on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Bank of America upped their price target on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. Finally, Rothschild & Co Redburn lifted their price objective on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, The Goldman Sachs Group has an average rating of “Moderate Buy” and a consensus price target of $1,062.86.
View Our Latest Research Report on The Goldman Sachs Group
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.
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