Saudi Central Bank Has $20.89 Million Holdings in The Goldman Sachs Group, Inc. $GS

Saudi Central Bank grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 86.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,650 shares of the investment management company’s stock after acquiring an additional 9,579 shares during the quarter. Saudi Central Bank’s holdings in The Goldman Sachs Group were worth $20,885,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GS. BlackRock Inc. acquired a new position in The Goldman Sachs Group during the 2nd quarter valued at $24,172,123,000. Bank of America Corp DE acquired a new stake in The Goldman Sachs Group in the 2nd quarter worth $6,756,772,000. Norges Bank acquired a new stake in The Goldman Sachs Group in the 4th quarter worth $2,515,830,000. Orange County Employees Retirement System bought a new position in shares of The Goldman Sachs Group during the 2nd quarter worth about $69,537,544,000. Finally, Bank of New York Mellon Corp bought a new position in shares of The Goldman Sachs Group during the 2nd quarter worth about $2,560,028,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $1,038.01 on Friday. 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 has a 50-day moving average of $1,043.76 and a 200-day moving average of $971.77. The Goldman Sachs Group, Inc. has a 52 week low of $727.15 and a 52 week high of $1,153.99. The company has a market capitalization of $302.24 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 1.05 and a beta of 1.29.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $16.22 billion. During the same quarter in the previous year, the firm posted $10.91 earnings per share. The firm’s revenue for the quarter was up 39.4% on a year-over-year basis. As a group, equities research 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 business also recently disclosed 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. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The Goldman Sachs Group’s dividend payout ratio is currently 30.87%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on GS shares. Morgan Stanley set a $1,145.00 target price on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. CICC Research boosted their price target on The Goldman Sachs Group from $825.00 to $980.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Oppenheimer cut The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Keefe, Bruyette & Woods raised their price objective on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 15th. Finally, Citigroup lifted their price objective on The Goldman Sachs Group from $1,100.00 to $1,200.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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: Goldman Sachs is reportedly close to securing prominent roles in Anthropic’s potential blockbuster IPO, possibly valued near $2 trillion. Winning lead-advisor or underwriting mandates would generate fees and strengthen Goldman’s position in the rapidly expanding AI capital-markets business. Anthropic close to awarding Morgan Stanley and Goldman Sachs top roles in $2tn IPO
• Positive Sentiment: Reports that New York Knicks players and other professional athletes use Goldman’s wealth-management services highlight continued growth in its high-net-worth client franchise. The business could benefit from recurring advisory, investment-management and lending revenue as athlete wealth rises. Knicks Stars Stash Wealth With Goldman and Ex-Villanova Teammate
• Positive Sentiment: Goldman is among 21 financial institutions planning a regulated, U.S.-dollar-backed stablecoin targeted for launch in 2027. Institutional settlement and cross-border payment use cases could create longer-term transaction and infrastructure opportunities, although commercial benefits remain several years away. Goldman Sachs Targets 2027 Launch For A USD Stablecoin
• Neutral Sentiment: Goldman strategists say investors should expect more modest bond-market returns over the next 12 months. Higher yields can support trading activity and net interest income, but may also pressure asset valuations, financing demand and the investment-banking pipeline. Goldman Sachs sends strong warning to bond investors
• Negative Sentiment: Goldman warns that falling AI prices and intensifying competition could lead to compute-infrastructure oversupply. That raises risks for AI-related investments and could temper enthusiasm across technology markets, potentially affecting deal activity and investor risk appetite. Goldman Sachs Warns AI Stock Investors of New Risk
• Neutral Sentiment: Goldman’s planned Dallas campus is described as a long-term growth investment aimed at expanding talent and regional operations. The initiative supports the firm’s broader diversification but is unlikely to materially change near-term earnings. Goldman Sachs executive discusses Dallas campus

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.