SOA Wealth Advisors LLC. Has $9.96 Million Stake in The Goldman Sachs Group, Inc. $GS

SOA Wealth Advisors LLC. raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 506.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 9,849 shares of the investment management company’s stock after purchasing an additional 8,224 shares during the quarter. The Goldman Sachs Group accounts for about 1.5% of SOA Wealth Advisors LLC.’s investment portfolio, making the stock its 15th biggest position. SOA Wealth Advisors LLC.’s holdings in The Goldman Sachs Group were worth $9,961,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in The Goldman Sachs Group by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after buying an additional 418,820 shares in the last quarter. State Street Corp grew its holdings in shares of The Goldman Sachs Group by 2.1% during the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock worth $17,197,444,000 after purchasing an additional 394,198 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of The Goldman Sachs Group by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock worth $5,952,199,000 after purchasing an additional 110,134 shares in the last quarter. Geode Capital Management LLC increased its position in shares of The Goldman Sachs Group by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after purchasing an additional 45,266 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of The Goldman Sachs Group by 8.0% in the first quarter. Bank of America Corp DE now owns 6,455,011 shares of the investment management company’s stock valued at $5,460,875,000 after purchasing an additional 476,977 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on GS shares. Barclays lifted their price target on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Weiss Ratings raised shares of The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. Wall Street Zen raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Rothschild & Co Redburn increased their price target on shares of The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,062.86.

The Goldman Sachs Group Stock Up 0.5%

Shares of NYSE:GS opened at $1,042.17 on Friday. The Goldman Sachs Group, Inc. has a 52 week low of $705.55 and a 52 week high of $1,153.99. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63. The company’s fifty day moving average is $1,054.37 and its 200-day moving average is $960.45. The company has a market capitalization of $303.45 billion, a PE ratio of 16.09, a P/E/G ratio of 1.05 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $20.34 billion during the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter last year, the company posted $10.91 EPS. The firm’s revenue for the quarter was up 39.4% on a year-over-year basis. Equities research analysts predict 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 27.78%.

The Goldman Sachs Group News Summary

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 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.