Yukon Wealth Management Inc. Buys Shares of 2,200 The Goldman Sachs Group, Inc. $GS

Yukon Wealth Management Inc. purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,200 shares of the investment management company’s stock, valued at approximately $2,226,000. The Goldman Sachs Group comprises about 0.6% of Yukon Wealth Management Inc.’s holdings, making the stock its 24th largest holding.

Several other large investors also recently made changes to their positions in the stock. Audent Global Asset Management LLC increased its stake in shares of The Goldman Sachs Group by 10.1% in the fourth quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company’s stock worth $4,604,000 after purchasing an additional 479 shares during the period. Wealthfront Advisers LLC bought a new stake in The Goldman Sachs Group during the 2nd quarter valued at approximately $53,720,000. Oak Grove Capital LLC bought a new stake in The Goldman Sachs Group during the 4th quarter valued at approximately $1,890,000. Nomura Asset Management Co. Ltd. grew its holdings in The Goldman Sachs Group by 2.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 141,990 shares of the investment management company’s stock valued at $124,809,000 after buying an additional 3,653 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in The Goldman Sachs Group by 35.0% in the 4th quarter. Global Retirement Partners LLC now owns 11,944 shares of the investment management company’s stock worth $10,499,000 after buying an additional 3,098 shares during the period. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Goldman Sachs’ latest quarterly results provide a strong fundamental backdrop: earnings per share reached $20.98, well above the $14.47 consensus estimate, while revenue rose 39.4% year over year to $20.34 billion. The firm also reported a 19.16% return on equity, reinforcing confidence in profitability and earnings momentum.
• Positive Sentiment: The bank continues to broaden its capital-markets and investment-management footprint through fixed-income issuance, ETFs, mutual funds, alternative investments and retail products. Goldman’s planned acquisition of NEOS is especially notable because the ETF firm recently posted 223.3% organic growth, potentially strengthening Goldman’s fee-based asset-management business. How Goldman Sachs’ Expanding Capital Markets Role and New Bond Issuances Could Reframe the GS Narrative
• Positive Sentiment: Goldman’s research activity remains supportive of market-related businesses: the firm raised its Nvidia price target after another strong report, which could benefit Goldman’s trading, investment-banking and technology-sector franchise if AI investment remains strong. Its investment in AI-video startup Higgsfield also provides exposure to emerging technology growth. Nvidia stock is climbing after another set of blockbuster results
• Neutral Sentiment: Goldman expects the Federal Reserve not to raise interest rates in September and argues that Treasury buybacks are unlikely to materially reduce long-term borrowing costs. These views may affect bond-market activity and client positioning, but their direct impact on GS earnings is uncertain. Goldman Says No September Hike
• Neutral Sentiment: Goldman executives warned that excessive reliance on artificial intelligence could weaken junior bankers’ analytical development. The comments highlight long-term workforce and execution risks, although they do not indicate an immediate financial impact. Goldman Sachs exec says AI is eroding bankers’ ability to think
• Negative Sentiment: Reports that the SEC subpoenaed Goldman Sachs and other major banks over margin lending to hedge fund Situational Awareness put leverage, collateral and risk-management practices back under scrutiny. The fund reportedly suffered a 67% drawdown during an AI-stock sell-off, creating potential regulatory, legal and reputational risks for GS. SEC Probe Puts Wall Street Leverage Risk Back in Focus

The Goldman Sachs Group Stock Performance

GS opened at $1,040.49 on Friday. The stock’s 50 day simple moving average is $1,050.20 and its 200-day simple moving average is $968.10. 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 has a market cap of $302.96 billion, a PE ratio of 16.06, a P/E/G ratio of 1.05 and a beta of 1.30. The Goldman Sachs Group, Inc. has a 1 year low of $721.16 and a 1 year high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly 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 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 business’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $10.91 EPS. Sell-side analysts forecast 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 announced 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. 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 ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is presently 27.78%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. BMO Capital Markets upped their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a “market perform” rating in a report on Wednesday, July 15th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. 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. Oppenheimer downgraded shares of The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. Finally, Barclays increased their price target on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target 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.