Goldman Sachs Sees Surge in Institutional Investor Interest
Performance Wealth Partners LLC, an investment firm, recently purchased 140,897 shares of The Goldman Sachs Group's (GS) stock during the second quarter. This purchase valued at approximately $142,499,000, making up about 3.5% of Performance Wealth Partners' holdings.
The acquisition brings GS to the eighth spot in the firm's portfolio. In addition to this transaction, several other institutional investors have also bought shares of The Goldman Sachs Group during the second quarter.
Manning & Napier Advisors LLC increased its position in GS by 287.5% during the fourth quarter, owning 31 shares valued at $27,000. The company's dividend payout ratio (DPR) is 27.78%, and it has a debt-to-equity ratio of 3.17.
The Goldman Sachs Group reported $20.98 earnings per share (EPS) for the quarter, exceeding analysts' consensus estimates of $14.47 by $6.51. The company's revenue for the quarter was up 39.4% year-over-year, and it forecasts U.S. ETF inflows could exceed $2 trillion in 2026.