Sapient Capital LLC increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 5.7% in the third quarter, Holdings Channel reports. The firm owned 15,759 shares of the investment management company’s stock after acquiring an additional 847 shares during the period. Sapient Capital LLC’s holdings in The Goldman Sachs Group were worth $14,189,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Sky Investment Group LLC boosted its position in The Goldman Sachs Group by 0.9% in the 2nd quarter. Sky Investment Group LLC now owns 1,168 shares of the investment management company’s stock valued at $1,181,000 after buying an additional 10 shares during the last quarter. Warren Street Wealth Advisors LLC boosted its stake in shares of The Goldman Sachs Group by 3.9% during the 2nd quarter. Warren Street Wealth Advisors LLC now owns 269 shares of the investment management company’s stock valued at $272,000 after buying an additional 10 shares during the last quarter. First Financial Group Corp increased its stake in shares of The Goldman Sachs Group by 4.7% in the first quarter. First Financial Group Corp now owns 246 shares of the investment management company’s stock worth $208,000 after buying an additional 11 shares during the last quarter. Meadow Creek Wealth Advisors LLC raised its holdings in The Goldman Sachs Group by 1.7% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 673 shares of the investment management company’s stock valued at $569,000 after acquiring an additional 11 shares in the last quarter. Finally, DecisionMap Wealth Management LLC boosted its stake in The Goldman Sachs Group by 3.2% during the 2nd quarter. DecisionMap Wealth Management LLC now owns 350 shares of the investment management company’s stock valued at $354,000 after acquiring an additional 11 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.
The Goldman Sachs Group Stock Performance
Shares of GS traded down $4.95 during trading hours on Thursday, reaching $882.26. 1,752,280 shares of the company traded hands, compared to its average volume of 2,201,808. The stock’s fifty day moving average is $992.83 and its 200 day moving average is $987.89. 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 Goldman Sachs Group, Inc. has a 1-year low of $740.01 and a 1-year high of $1,153.99. The stock has a market cap of $256.89 billion, a P/E ratio of 13.62, a price-to-earnings-growth ratio of 0.98 and a beta of 1.29.
The Goldman Sachs Group Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st were paid a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 2.3%. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.50. The ex-dividend date of this dividend was Tuesday, September 1st. The Goldman Sachs Group’s payout ratio is currently 30.87%.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on GS. Morgan Stanley set a $1,145.00 price target on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. BMO Capital Markets cut their price objective on shares of The Goldman Sachs Group from $972.00 to $970.00 and set a “market perform” rating on the stock in a research note on Tuesday. Jefferies Financial Group set a $1,299.00 price target on The Goldman Sachs Group in a research report on Wednesday, July 15th. Wells Fargo & Company decreased their price target on shares of The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating on the stock in a research report on Friday, September 25th. Finally, JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Eleven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $1,055.09.
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: TD Cowen initiated coverage of GS with a Buy rating and a $1,050 price target, implying substantial upside from recent trading levels. The target provides a positive counterpoint to the recent sell-off. TD Cowen coverage
- Positive Sentiment: Goldman analysts maintained a Buy rating on Sunrun while lowering their price target to $11 from $13, indicating continued confidence in the solar company’s potential and highlighting Goldman’s ongoing research and advisory activity. Goldman Sachs Sunrun target
- Neutral Sentiment: Wall Street projections for the September 2026 quarter are drawing attention to Goldman’s revenue, trading, investment-banking and efficiency metrics ahead of earnings. The reports do not provide a clear earnings surprise signal but could increase volatility around the results. Goldman Sachs Q3 projections
- Neutral Sentiment: Goldman is reportedly preparing more than $500 million in special equity awards for CEO David Solomon and other senior executives under a five-year performance plan. The awards recognize outperformance but may raise investor concerns about dilution and compensation costs. Goldman executive bonuses
- Negative Sentiment: Higher bond yields have contributed to a broad sell-off in Goldman and other financial stocks, while UBS has reportedly lowered its expectations for GS’s price. Goldman stock and bond yields
- Negative Sentiment: Citi has overtaken Goldman in global IPO underwriting rankings after winning several marquee listings, raising concerns about Goldman’s competitive position and future equity-capital-markets fees. Goldman IPO underwriting rankings
- Negative Sentiment: Goldman said its systems and client assets were not affected by an EY data breach, but its wealth-management business was involved, creating reputational and client-confidence risks. Goldman client data exposure
The Goldman Sachs Group Company Profile
The Goldman Sachs Group, Inc is a global financial services company headquartered in New York City. Founded in 1869, the firm provides services to corporations, financial institutions, governments, individuals and other clients through its investment banking, markets, asset management and wealth management businesses.
Goldman Sachs advises clients on mergers and acquisitions, financing and other strategic transactions, and facilitates trading in equities, fixed income, currencies and commodities.
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