1,761 Shares in The Goldman Sachs Group, Inc. $GS Acquired by Cim Investment Management Inc.

Cim Investment Management Inc. bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 1,761 shares of the investment management company’s stock, valued at approximately $1,781,000.

A number of other hedge funds have also recently added to or reduced their stakes in GS. BlackRock Inc. purchased a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth about $24,172,123,000. Bank of America Corp DE purchased a new position in shares of The Goldman Sachs Group in the 2nd quarter valued at about $6,756,772,000. Orange County Employees Retirement System acquired a new position in The Goldman Sachs Group in the 2nd quarter worth about $69,537,544,000. Bank of New York Mellon Corp purchased a new position in The Goldman Sachs Group during the second quarter worth approximately $2,560,028,000. Finally, Corient Private Wealth LLC boosted its position in The Goldman Sachs Group by 1,657.7% during the fourth quarter. Corient Private Wealth LLC now owns 2,596,487 shares of the investment management company’s stock worth $2,282,312,000 after purchasing an additional 2,448,767 shares in the last quarter. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock traded up $0.13 during trading hours on Tuesday, reaching $916.41. 1,843,942 shares of the company’s stock were exchanged, compared to its average volume of 2,208,721. The Goldman Sachs Group, Inc. has a 1 year low of $740.01 and a 1 year high of $1,153.99. The company has a market capitalization of $266.83 billion, a P/E ratio of 14.14, a price-to-earnings-growth ratio of 0.94 and a beta of 1.29. The business has a fifty day moving average of $1,017.31 and a two-hundred day moving average of $982.56. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, topping the consensus estimate of $14.47 by $6.51. The firm had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The company’s revenue for the quarter was up 39.4% on a year-over-year basis. During the same period last year, the firm posted $10.91 earnings per share. As a group, research analysts predict that The Goldman Sachs Group, Inc. will post 69.64 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. Shareholders of record on Tuesday, September 1st will be issued a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date 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 payout ratio is currently 30.87%.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Upcoming earnings expectations remain favorable. Analysts expect third-quarter earnings of approximately $15.39 per share on $17.42 billion in revenue, with results scheduled before the market opens on October 13. Strong investment-banking, trading, and asset-management activity could provide a near-term catalyst. What to Expect From Goldman Sachs Q3 2026 Earnings Report
• Positive Sentiment: HSBC raised its price target on GS to $1,007 from $995, implying meaningful upside from recent levels, although it maintained a “Hold” rating. HSBC Forecasts Strong Price Appreciation for The Goldman Sachs Group
• Positive Sentiment: Goldman is broadening distribution of its roughly $100 billion Treasury fund, FTIXX, to crypto firms through Lynq, a private Avalanche-based network. The move could expand institutional cash-management revenue and strengthen Goldman’s digital-asset infrastructure presence. Goldman Sachs Just Put a $100B Treasury Fund on Avalanche Rails
• Neutral Sentiment: Goldman’s sale of BSE shares in India was reportedly part of a pre-index-inclusion bulk transaction. It demonstrates portfolio activity but is not expected to materially affect GS earnings.
• Negative Sentiment: Succession uncertainty is the main overhang. The board has discussed President and COO John Waldron replacing Solomon as CEO as soon as 2027, potentially with Solomon becoming executive chairman. Reports say Solomon may not be ready to leave and Waldron may not wait indefinitely, raising concerns about internal disruption, retention, and strategic continuity. Goldman Sachs CEO Succession Planning Faces One Big Problem

Analysts Set New Price Targets

A number of research firms have recently commented on GS. Wells Fargo & Company cut their price objective on The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating for the company in a research report on Friday. Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, July 15th. JPMorgan Chase & Co. upped their price objective on shares of The Goldman Sachs Group from $900.00 to $955.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Evercore reiterated an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Finally, HSBC upped their price target on shares of The Goldman Sachs Group from $995.00 to $1,007.00 and gave the stock a “hold” rating in a research report on Monday. Ten analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and an average target price of $1,060.10.

The Goldman Sachs Group 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.