The Goldman Sachs Group (NYSE:GS – Get Free Report) had its target price upped by analysts at BMO Capital Markets from $980.00 to $985.00 in a report issued on Tuesday,MarketScreener reports. The brokerage currently has a “market perform” rating on the investment management company’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 3.39% from the stock’s previous close.
A number of other brokerages also recently issued reports on GS. Argus boosted their price objective on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. lifted their price target on shares of The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Jefferies Financial Group upped their price target on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Dbs Bank lifted their target price on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Autonomous Res dropped their target price on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $898.00.
Get Our Latest Stock Report on GS
The Goldman Sachs Group Trading Up 1.0%
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The company had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same period last year, the firm earned $11.95 EPS. The Goldman Sachs Group’s revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, equities analysts predict that The Goldman Sachs Group will post 47.12 earnings per share for the current year.
Insiders Place Their Bets
In other The Goldman Sachs Group news, Director David A. Viniar sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the completion of the transaction, the director owned 555,000 shares in the company, valued at $535,758,150. This trade represents a 7.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last three months, insiders sold 68,186 shares of company stock worth $65,820,670. Company insiders own 0.55% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hartline Investment Corp grew its stake in The Goldman Sachs Group by 153.3% in the 3rd quarter. Hartline Investment Corp now owns 1,421 shares of the investment management company’s stock worth $1,132,000 after acquiring an additional 860 shares in the last quarter. Ignite Planners LLC purchased a new stake in shares of The Goldman Sachs Group in the second quarter valued at approximately $239,000. Bank of New York Mellon Corp boosted its holdings in shares of The Goldman Sachs Group by 4.9% in the second quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock valued at $2,392,124,000 after purchasing an additional 157,473 shares during the period. Wells Trecaso Financial Group LLC grew its stake in The Goldman Sachs Group by 0.5% in the second quarter. Wells Trecaso Financial Group LLC now owns 21,534 shares of the investment management company’s stock worth $15,240,000 after purchasing an additional 108 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC bought a new stake in The Goldman Sachs Group during the 2nd quarter valued at $288,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.
More The Goldman Sachs Group News
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: QIA and Goldman agreed a $25 billion investment collaboration, a sizable strategic partnership that could drive fee revenue and long‑term asset management opportunities for GS. QIA and Goldman Sachs agree $25bn investment collaboration
- Positive Sentiment: Goldman raised its dividend by 50% after exiting the Apple Card partnership — a cash return increase that boosts yield and signals board confidence in capital levels. Goldman Sachs raises dividend 50% after major change
- Positive Sentiment: Goldman delivered strong Q4 results (Jan. 15) with EPS and revenue beats and has attracted analyst upgrades/positive coverage (Zacks upgraded to Strong Buy; BMO nudged its target higher), supporting sentiment around earnings momentum and valuation. Zacks upgrade BMO target adjustment
- Positive Sentiment: Leadership move: Goldman promoted top consumer/retail banker Ben Frost to chairman of investment banking — a management signal tied to deal execution strength in a key revenue area. Ben Frost named chairman of investment banking
- Neutral Sentiment: Goldman research and bank commentary (on themes like the US data‑center boom and AI-era volatility) highlight franchise thought‑leadership that can support client flows but are not immediate stock drivers. Data center research
- Negative Sentiment: Insider selling: Director David A. Viniar disclosed multiple block sales mid‑January totaling roughly $65.8M across filings — sizeable disposals that can create short‑term investor caution even though insiders still hold large positions. SEC filing
- Negative Sentiment: Real‑estate exposure: Goldman is leading a takeover effort after the Radford Studio Center mortgage default — a credit/operational matter that could entail losses or capital deployment depending on outcomes. Radford Studio Center default
The Goldman Sachs Group Company 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.
Featured Stories
- Five stocks we like better than The Goldman Sachs Group
- A month before the crash
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Wall Street Alert: Buy AES
- Bitcoin is down but your income is about to explode
- Trump Devises the Death of the IRS ☠️
Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.
