The Goldman Sachs Group (NYSE:GS – Free Report) had its price objective decreased by HSBC from $802.00 to $729.00 in a report published on Wednesday morning,MarketScreener reports.
A number of other equities research analysts have also weighed in on GS. JPMorgan Chase & Co. boosted their price objective on shares of The Goldman Sachs Group from $815.00 to $826.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Evercore restated an “outperform” rating on shares of The Goldman Sachs Group in a research note on Friday, January 16th. Bank of America lifted their price target on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. Finally, UBS Group reissued a “neutral” rating and issued a $990.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $929.52.
Get Our Latest Stock Report on GS
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the previous year, the firm earned $11.95 EPS. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. Sell-side analysts expect that The Goldman Sachs Group will post 47.12 EPS for the current year.
The Goldman Sachs Group Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 2nd were issued a $4.50 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 2.1%. The Goldman Sachs Group’s dividend payout ratio is currently 35.09%.
Insider Activity at The Goldman Sachs Group
In other news, insider Alex S. Golten sold 1,092 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $936.89, for a total value of $1,023,083.88. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Denis P. Coleman sold 11,623 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $941.57, for a total value of $10,943,868.11. Following the sale, the chief financial officer directly owned 29,342 shares in the company, valued at approximately $27,627,546.94. This trade represents a 28.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 117,283 shares of company stock worth $112,016,033 in the last three months. Company insiders own 0.55% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Dagco Inc. purchased a new position in shares of The Goldman Sachs Group during the 4th quarter valued at approximately $25,000. Harbor Capital Advisors Inc. purchased a new stake in The Goldman Sachs Group during the third quarter worth $26,000. Garton & Associates Financial Advisors LLC purchased a new stake in The Goldman Sachs Group during the fourth quarter worth $26,000. Manning & Napier Advisors LLC grew its position in The Goldman Sachs Group by 287.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after buying an additional 23 shares during the period. Finally, First PREMIER Bank purchased a new position in The Goldman Sachs Group in the third quarter valued at $28,000. 71.21% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman passed a stock‑screen for sustained earnings growth, underscoring its strong earnings profile and supporting investor confidence in future results. We Ran A Stock Scan For Earnings Growth And Goldman Sachs Group (NYSE:GS) Passed With Ease
- Positive Sentiment: Analysts and screens note Goldman’s history of earnings beats and the firm still looks well positioned to beat again, which supports multiple expansion narratives. Will Goldman (GS) Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: Goldman research argues the March pullback created a more favorable April setup heading into Q1 earnings season — a constructive market call that can buoy the stock. Goldman Sachs: Market Pullback Creates Favorable April Setup as Q1 Earnings Loom
- Positive Sentiment: Bloomberg reports Goldman (with BofA) is positioned to capture a bigger share of Japan equity capital markets deals — a potential near‑term revenue tailwind for investment banking. Goldman, BofA Set to Capture Bigger Share of Japan’s ECM Deals
- Positive Sentiment: Coverage about AI productivity (Goldman research cited) highlights operational gains that could support margins over time and reassures investors on cost/productivity dynamics. AI is saving workers up to an hour a day — but Goldman Sachs says 80% of companies aren’t using it yet
- Neutral Sentiment: Goldman initiated coverage of Smurfit Westrock (SW) — a routine research action that signals active analyst coverage but is unlikely to move GS shares materially. Goldman Sachs Initiates Coverage of Smurfit Westrock Plc (SW) With a Buy Rating
- Neutral Sentiment: Goldman told clients its short‑loan tool isn’t ready for broad use — a product limitation that speaks to execution timing rather than core earnings. Goldman tells clients eager to short loans its tool isn’t ready
- Neutral Sentiment: Obituary: longtime firm affiliate Richard Menschel died at 92 — notable for history and philanthropy but not a driver of near‑term results. Richard Menschel, a Goldman Sachs Fixture Since 1959, Dies at 92
- Negative Sentiment: HSBC cut its GS price target to $729 and retained a “reduce” rating — a clear negative signal that can cap upside and weighs on sentiment. HSBC Adjusts Price Target on Goldman Sachs to $729
- Negative Sentiment: Morgan Stanley trimmed its GS price target to $1,021 (from $1,078) while keeping an equal‑weight rating — a downward revision that may temper gains despite still implying upside. Morgan Stanley Adjusts Goldman Sachs PT to $1,021
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.
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