Pure Financial Advisors LLC Acquires New Holdings in The Goldman Sachs Group, Inc. $GS

Pure Financial Advisors LLC bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,607 shares of the investment management company’s stock, valued at approximately $1,625,000.

Several other hedge funds have also modified their holdings of GS. Turim 21 Investimentos Ltda. purchased a new stake in The Goldman Sachs Group during the first quarter valued at approximately $25,000. BOK Financial Private Wealth Inc. increased its position in shares of 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 purchasing an additional 17 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $26,000. Manning & Napier Advisors LLC grew its stake in 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 worth $27,000 after buying an additional 23 shares during the last quarter. Finally, Steph & Co. acquired a new position in The Goldman Sachs Group during the 1st quarter valued at about $27,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GS. CICC Research upped their price objective on shares of The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. HSBC raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Wells Fargo & Company raised their price target on shares of The Goldman Sachs Group from $1,195.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Zacks Research upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Wall Street Zen cut The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group currently has an average rating of “Moderate Buy” and an average price target of $1,062.86.

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 Stock Down 1.8%

GS stock opened at $1,039.79 on Thursday. The company has a market capitalization of $302.76 billion, a P/E ratio of 16.05, a price-to-earnings-growth ratio of 1.07 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 12 month low of $721.16 and a 12 month high of $1,153.99. The firm’s fifty day simple moving average is $1,051.38 and its 200-day simple moving average is $967.32. 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 posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating 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 firm’s revenue was up 39.4% on a year-over-year basis. During the same period in the prior year, the company earned $10.91 earnings per share. As a group, equities research analysts forecast that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be given a dividend of $5.00 per share. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) 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.