SCS Capital Management LLC Acquires Shares of 14,978 The Goldman Sachs Group, Inc. $GS

SCS Capital Management LLC acquired a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 14,978 shares of the investment management company’s stock, valued at approximately $15,148,000.

A number of other large investors also recently modified their holdings of GS. Audent Global Asset Management LLC raised its holdings in shares of The Goldman Sachs Group by 10.1% in the 4th quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company’s stock worth $4,604,000 after acquiring an additional 479 shares during the last quarter. Oak Grove Capital LLC acquired a new position in The Goldman Sachs Group during the 4th quarter valued at about $1,890,000. Nomura Asset Management Co. Ltd. increased its holdings in The Goldman Sachs Group by 2.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 141,990 shares of the investment management company’s stock worth $124,809,000 after purchasing an additional 3,653 shares in the last quarter. Global Retirement Partners LLC increased its holdings in The Goldman Sachs Group by 35.0% during the 4th quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company’s stock worth $10,499,000 after purchasing an additional 3,098 shares in the last quarter. Finally, New Age Alpha Advisors LLC raised its stake in shares of The Goldman Sachs Group by 92.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 14,298 shares of the investment management company’s stock worth $12,568,000 after purchasing an additional 6,867 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors.

The Goldman Sachs Group Stock Down 1.7%

GS stock opened at $1,022.32 on Thursday. The stock has a market cap of $297.67 billion, a P/E ratio of 15.78, a P/E/G ratio of 1.05 and a beta of 1.30. 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 stock’s fifty day simple moving average is $1,055.05 and its two-hundred day simple moving average is $963.38. The Goldman Sachs Group, Inc. has a 1-year low of $705.55 and a 1-year high of $1,153.99.

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, beating the consensus estimate of $14.47 by $6.51. The firm had revenue of $20.34 billion during the quarter, compared to analyst estimates of $16.22 billion. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The business’s revenue was up 39.4% compared to the same quarter last year. During the same period last year, the firm posted $10.91 EPS. Analysts expect that The Goldman Sachs Group, Inc. will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a yield of 2.0%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs agreed to acquire LCN Capital Partners for up to $410 million, including $260 million upfront and performance-based consideration. LCN manages approximately $3 billion in assets and specializes in sale-leaseback and triple-net-lease investments. The transaction expands Goldman’s Asset & Wealth Management business into private real estate and could increase recurring, capital-light fee revenue. Goldman Sachs to buy LCN Capital Partners in up to $410 million deal
• Positive Sentiment: Goldman forecasts U.S. ETF inflows could exceed $2 trillion in 2026, driven by active, AI, thematic and leveraged products. The trend supports growth prospects for Goldman’s asset-management and ETF operations, although it is an industry outlook rather than a direct earnings update. Goldman Sachs’ $2 Trillion ETF Forecast Signals a New Era for AI, Active and Thematic Funds
• Neutral Sentiment: Goldman analysts reiterated Buy ratings on Talen Energy and Lowe’s, while maintaining a Buy rating but reducing the target for HawkEye 360. These calls may generate advisory activity and visibility but have limited direct effect on GS’s near-term financial results.
• Neutral Sentiment: Goldman research highlighted rising AI-related pressure on employment, particularly among entry-level workers. The report reinforces Goldman’s role as a source of influential economic research, but it does not directly change the company’s earnings outlook. Goldman studied where AI is squeezing labor markets
• Negative Sentiment: Ripple’s $275 million debt offering was described as supporting competition with traditional financial firms, including Goldman. The competitive threat appears limited and longer term, but it adds to concerns about emerging fintech and digital-asset rivals.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GS shares. Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. UBS Group increased their price target on The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Rothschild & Co Redburn increased their price target on The Goldman Sachs Group from $870.00 to $920.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. raised their price objective on 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. Finally, Bank of America lifted their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,062.86.

About The Goldman Sachs Group

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.