Kintra Wealth LLC Acquires Shares of 614 The Goldman Sachs Group, Inc. $GS

Kintra Wealth LLC bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 614 shares of the investment management company’s stock, valued at approximately $640,000.

Other large investors have also made changes to their positions in the company. Strive Financial Group LLC lifted its holdings in The Goldman Sachs Group by 316.7% during the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock valued at $25,000 after purchasing an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. grew its stake in The Goldman Sachs Group by 188.9% during the second 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 last quarter. Turim 21 Investimentos Ltda. bought a new stake in The Goldman Sachs Group during the first quarter worth about $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of The Goldman Sachs Group during the fourth quarter worth approximately $26,000. Finally, Manning & Napier Advisors LLC increased its holdings in shares of 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 buying an additional 23 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs’ warning that crude oil could reach $120 per barrel highlights its market expertise and could support revenue opportunities in commodities trading and risk management if volatility increases. The firm is also favoring natural gas and diesel positions. Oil Could Surge to $120 if Hormuz Disruptions Escalate, Warns Goldman Sachs
• Positive Sentiment: GS remains a favored stock in a Zacks screen, supported by strong earnings growth and price momentum. Its latest reported quarter substantially exceeded consensus estimates, with EPS of $20.98 versus expectations of $14.47 and revenue growth of 39.4% year over year. Earnings Growth and Price Strength Make Goldman Sachs a Stock to Watch
• Positive Sentiment: Goldman Sachs continues to receive visibility from its investment research and advisory activity, including Buy-rated coverage of Hindustan Unilever and a list of stocks it recommends buying on weakness. These items are supportive of the franchise but have limited direct earnings impact. Goldman Sachs Says Buy the Dip in These Five Stocks
• Neutral Sentiment: An executive overseeing Goldman’s Marquee platform warned that excessive reliance on artificial intelligence could weaken the judgment and reasoning skills of future bankers. The comments raise longer-term workforce and technology-governance questions but do not indicate an immediate financial hit. Goldman Sachs Partner Warns of AI Risks
• Negative Sentiment: Analysts say capital-markets momentum is fading in the third quarter, creating risk of uneven results for major banks, including GS. Slower deal activity could pressure investment-banking and trading-related revenue expectations. Capital Markets Momentum Fades
• Negative Sentiment: Attacks on commercial vessels and reduced Strait of Hormuz traffic have pushed oil toward $100 and raised the risk of a supply shock. A sharp energy-price surge could worsen inflation, delay interest-rate cuts, and increase volatility across financial markets. Brent Crude Oil Price Nears $100

The Goldman Sachs Group Price Performance

GS opened at $1,038.01 on Tuesday. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $302.24 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 1.05 and a beta of 1.29. The company’s 50 day simple moving average is $1,044.08 and its 200-day simple moving average is $973.10. The Goldman Sachs Group, Inc. has a one year low of $727.15 and a one year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping 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 firm had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter in the previous year, the company 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 fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid a $5.00 dividend. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s payout ratio is 30.87%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on GS shares. Oppenheimer downgraded The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. BMO Capital Markets raised their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the company a “market perform” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on 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. HSBC raised The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Finally, Barclays increased their target price on The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a report 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,062.86.

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.