Envestnet Portfolio Solutions Inc. Has $17.61 Million Stake in The Goldman Sachs Group, Inc. $GS

Envestnet Portfolio Solutions Inc. grew its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 14.7% during the second quarter, HoldingsChannel.com reports. The firm owned 17,422 shares of the investment management company’s stock after buying an additional 2,230 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in The Goldman Sachs Group were worth $17,606,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of GS. Norges Bank acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at approximately $2,515,830,000. Corient Private Wealth LLC boosted its position in The Goldman Sachs Group by 1,657.7% during the 4th quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock worth $2,282,312,000 after acquiring an additional 2,448,767 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of The Goldman Sachs Group during the 1st quarter worth approximately $2,024,921,000. Bank of America Corp DE grew its stake in shares of The Goldman Sachs Group by 8.0% during the 1st quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock worth $5,460,875,000 after acquiring an additional 476,977 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of The Goldman Sachs Group by 428.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 556,254 shares of the investment management company’s stock valued at $488,947,000 after purchasing an additional 450,984 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on GS shares. Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price target on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Zacks Research raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. UBS Group raised their price objective on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Finally, Barclays upped 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 research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,062.86.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: NEOS acquisition strengthens ETF strategy: Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion in cash and equity. NEOS manages approximately $30–$32 billion across 19 options-based income ETFs, including Bitcoin- and Ethereum-linked products. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. Goldman Sachs to buy ETF manager NEOS in $2.25bn deal
• Positive Sentiment: Potential for recurring fee growth: The deal expands Goldman Sachs Asset Management’s active and derivatives-based ETF capabilities, particularly products designed to generate income through options. It could lift Goldman’s active ETF assets to roughly $80 billion and its broader ETF platform to about $130 billion, improving its competitive position in a rapidly growing segment. Will GS’s Push Into Options-Based ETFs Enhance Its Competitive Edge?
• Neutral Sentiment: Strong earnings provide a fundamental cushion: Goldman’s latest quarterly report substantially exceeded expectations, with earnings per share of $20.98 versus a $14.47 consensus estimate and revenue of $20.34 billion versus $16.22 billion expected. However, analysts are monitoring whether the earnings momentum can continue after the stock’s post-results pullback. Why Is Goldman Down 10% Since Last Earnings Report?
• Negative Sentiment: Acquisition and market risks remain: Paying as much as $2.25 billion for NEOS creates integration and return-on-investment risks, while crypto-linked and options-based ETFs may be more sensitive to volatility, investor demand and regulatory changes. Elevated interest rates, oil-market uncertainty and broader risk-off trading could also pressure Goldman’s investment-banking and trading businesses.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $1,042.17 on Friday. The company has a fifty day moving average price of $1,054.37 and a two-hundred day moving average price of $960.45. The Goldman Sachs Group, Inc. has a one year low of $705.55 and a one year high of $1,153.99. The stock has a market cap of $303.45 billion, a P/E ratio of 16.09, a P/E/G ratio of 1.05 and a beta of 1.30. 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 Goldman Sachs Group (NYSE:GS) last released 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 company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The Goldman Sachs Group’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same period in the previous year, the business earned $10.91 EPS. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. The ex-dividend date is Tuesday, September 1st. This is an increase 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 dividend payout ratio is 27.78%.

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.