PensionDanmark Pensionsforsikringsaktieselskab Has $68.08 Million Stock Holdings in The Goldman Sachs Group, Inc. $GS

PensionDanmark Pensionsforsikringsaktieselskab grew its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 13.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,320 shares of the investment management company’s stock after purchasing an additional 8,131 shares during the quarter. The Goldman Sachs Group makes up approximately 0.6% of PensionDanmark Pensionsforsikringsaktieselskab’s portfolio, making the stock its 28th largest holding. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in The Goldman Sachs Group were worth $68,085,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after acquiring an additional 508 shares during the period. Revolve Wealth Partners LLC lifted its position in The Goldman Sachs Group by 7.0% during the 4th 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 last quarter. Sivia Capital Partners LLC boosted 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 valued at $1,098,000 after acquiring an additional 735 shares during the period. Schnieders Capital Management LLC. boosted its holdings in The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after acquiring an additional 70 shares during the period. Finally, Main Street Financial Solutions LLC grew its position in shares of 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 last quarter. 71.21% of the stock is owned by institutional investors.

Insider Buying and Selling at The Goldman Sachs Group

In other news, CFO Denis P. Coleman sold 6,857 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the sale, the chief financial officer owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $1,032.86 on Friday. The firm’s 50-day moving average is $1,056.28 and its 200-day moving average is $957.28. 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 has a market cap of $300.74 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 1.07 and a beta of 1.30.

The Goldman Sachs Group (NYSE:GS) last released 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 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 earned $10.91 earnings per share. The firm’s revenue was up 39.4% on a year-over-year basis. Equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 68.89 earnings per share 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 given a $5.00 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $20.00 dividend on an annualized basis 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 27.78%.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: HSBC upgraded GS to “strong buy” from “hold,” adding to the bullish analyst view following Goldman’s strong quarterly results. The bank recently reported earnings and revenue well above consensus expectations, with revenue up 39.4% year over year.
• Positive Sentiment: Goldman continues to benefit from robust capital-markets activity. The firm was a joint book-running manager on Braveheart Bio’s upsized $382.5 million IPO and is involved in other recent equity offerings, including Attovia Therapeutics and Twist Bioscience. A healthy IPO pipeline could support underwriting fees and investment-banking revenue. Braveheart Bio IPO article
• Positive Sentiment: Asset-management momentum is another favorable signal. A Goldman covered-call ETF reportedly has delivered higher yields and stronger performance than the popular JEPI fund, potentially aiding inflows and strengthening the firm’s ETF franchise. Goldman ETF comparison article
• Neutral Sentiment: Goldman CEO David Solomon highlighted artificial intelligence and workforce adaptation in a town hall with interns, while cautioning employees to challenge AI-generated answers. The comments reinforce Goldman’s technology focus but do not represent a material earnings update. Fortune CEO interview
• Negative Sentiment: Broad market weakness likely outweighed the favorable company news. The Dow and Nasdaq both ended lower, creating a risk-off backdrop for financial stocks. GS has also more than doubled from its earlier lows, which may encourage profit-taking after its strong run. Goldman Sachs rally article

Analysts Set New Price Targets

GS has been the topic of a number of recent analyst reports. Morgan Stanley set a $1,145.00 price objective on The Goldman Sachs Group in a research note on Wednesday, July 15th. JPMorgan Chase & Co. increased their target price 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. Daiwa Securities Group raised their target price on The Goldman Sachs Group from $891.00 to $930.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Oppenheimer downgraded The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a research report on Tuesday, June 30th. Finally, Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,062.86.

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.