RFG Advisory LLC Trims Stock Position in The Goldman Sachs Group, Inc. $GS

RFG Advisory LLC trimmed its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 41.5% in the second quarter, Holdings Channel reports. The fund owned 2,375 shares of the investment management company’s stock after selling 1,684 shares during the period. RFG Advisory LLC’s holdings in The Goldman Sachs Group were worth $2,402,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its position in The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after buying an additional 508 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after acquiring an additional 58 shares during the period. Sivia Capital Partners LLC raised its holdings in The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after purchasing an additional 735 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in The Goldman Sachs Group by 9.3% in the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after purchasing an additional 70 shares during the period. Finally, Main Street Financial Solutions LLC lifted its position in The Goldman Sachs Group by 22.2% in the second quarter. Main Street Financial Solutions LLC now owns 2,150 shares of the investment management company’s stock valued at $1,522,000 after purchasing an additional 391 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $1,018.80 on Friday. The stock has a fifty day moving average price of $1,044.70 and a 200 day moving average price of $975.30. 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 stock has a market cap of $296.64 billion, a PE ratio of 15.72, a P/E/G ratio of 1.04 and a beta of 1.29. The Goldman Sachs Group, Inc. has a 1 year low of $740.01 and a 1 year high of $1,153.99.

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 the consensus estimate of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The company had revenue of $20.34 billion for the quarter, compared to analyst estimates of $16.22 billion. During the same quarter in the prior year, the company earned $10.91 earnings per share. The Goldman Sachs Group’s revenue was up 39.4% compared to the same quarter last year. Sell-side analysts forecast 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be paid a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a yield of 2.0%. 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. The Goldman Sachs Group’s dividend payout ratio is currently 30.87%.

Analysts Set New Price Targets

Several research firms have issued reports on GS. Oppenheimer cut The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Monday, July 6th. HSBC upgraded The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Citigroup upped 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. Finally, Jefferies Financial Group set a $1,299.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,062.86.

The Goldman Sachs Group News Summary

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

• Positive Sentiment: Goldman Sachs is expanding its Canadian wealth-management and asset-management footprint through a deeper collaboration with IG, potentially increasing recurring fee revenue and broadening distribution. Goldman’s IG Deal Expands Canadian Wealth Reach & AWM Scale
• Positive Sentiment: At Goldman’s technology conference, management and industry executives highlighted artificial intelligence as a major driver of future institutional investing, cybersecurity, fintech and capital-markets activity. This supports long-term business opportunities for Goldman’s investment banking, trading and asset-management divisions. Goldman Sachs Sees AI Reshaping Institutional Investing
• Neutral Sentiment: Goldman Sachs raised its price target on Coinbase to $219 and maintained a Buy rating, citing growth in derivatives, prediction markets, tokenized equities, lending, Base and agentic finance. The call demonstrates Goldman’s active coverage of emerging financial platforms, although the direct earnings impact on GS is limited. Goldman Sachs Increases COIN Target to $219
• Negative Sentiment: Sharmin Mossavar-Rahmani, Goldman Sachs’ investment strategy chief, plans to retire. Farshid Asl and Matt Weir will become co-heads of the Investment Strategy Group. The succession appears orderly, but the departure of a prominent senior executive may create short-term uncertainty for investors. Goldman Sachs investment strategy chief to retire
• Negative Sentiment: Chief economist Jan Hatzius warned that the AI investment boom will not continue indefinitely. A potential slowdown in AI-related spending could weigh on market activity, technology valuations and investment-banking opportunities, although the warning also reflects Goldman’s broader risk-monitoring role. The AI investment boom will not last forever

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc (NYSE:GS) is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individuals. The company is headquartered in New York City and serves clients across North America, Europe, Asia-Pacific and other international markets.

Through its Global Banking & Markets segment, Goldman Sachs advises clients on mergers and acquisitions, capital raising, restructuring and other strategic transactions.