The Goldman Sachs Group (NYSE:GS – Free Report) had its price target raised by BMO Capital Markets from $905.00 to $972.00 in a research report report published on Monday,MarketScreener reports. The firm currently has a market perform rating on the investment management company’s stock.
Several other brokerages also recently commented on GS. Jefferies Financial Group lowered their target price on shares of The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating for the company in a report on Monday, April 6th. BNP Paribas Exane increased their target price on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Bank of America lowered their target price on shares of The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Royal Bank Of Canada reiterated a “neutral” rating on shares of The Goldman Sachs Group in a report on Monday, April 13th. Finally, Morgan Stanley lowered their target price on shares of The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Eight research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $924.14.
Read Our Latest Analysis on The Goldman Sachs Group
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating the consensus estimate of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.02%. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $14.12 earnings per share. Equities research analysts forecast that The Goldman Sachs Group will post 59.42 EPS for the current fiscal year.
The Goldman Sachs Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.
Insider Buying and Selling at The Goldman Sachs Group
In related news, EVP John F.W. Rogers sold 2,704 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $960.99, for a total transaction of $2,598,516.96. Following the completion of the sale, the executive vice president owned 9,428 shares in the company, valued at approximately $9,060,213.72. This trade represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 transaction of $10,943,868.11. Following the sale, the chief financial officer owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This trade represents a 28.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,097 shares of company stock valued at $46,195,364 in the last three months. 0.55% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On The Goldman Sachs Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GS. Cardano Risk Management B.V. purchased a new position in shares of The Goldman Sachs Group in the first quarter worth about $98,137,000. Norway Savings Bank increased its stake in shares of The Goldman Sachs Group by 2.6% in the first quarter. Norway Savings Bank now owns 3,449 shares of the investment management company’s stock worth $2,918,000 after purchasing an additional 88 shares in the last quarter. Park Edge Advisors LLC increased its stake in shares of The Goldman Sachs Group by 24.0% in the first quarter. Park Edge Advisors LLC now owns 1,767 shares of the investment management company’s stock worth $1,495,000 after purchasing an additional 342 shares in the last quarter. Cardinal Point Capital Management ULC increased its stake in shares of The Goldman Sachs Group by 18.1% in the first quarter. Cardinal Point Capital Management ULC now owns 1,414 shares of the investment management company’s stock worth $1,196,000 after purchasing an additional 217 shares in the last quarter. Finally, Ritholtz Wealth Management increased its stake in shares of The Goldman Sachs Group by 5.0% in the first quarter. Ritholtz Wealth Management now owns 11,257 shares of the investment management company’s stock worth $9,523,000 after purchasing an additional 538 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman’s Q1 performance is highlighted as strong—near‑record revenue driven by market volatility with trading, advisory and asset management all contributing, reinforcing the earnings beat and supporting investor confidence. Goldman Thrives in Volatile Markets: Trends Emerging From Q1 Results
- Positive Sentiment: BMO Capital Markets raised its price target on GS to $972 (from $905) while keeping a Market Perform rating—this higher target provides direct upside support for the shares and helps justify the rally. MarketScreener
- Positive Sentiment: Goldman research is again in the spotlight for moving market narratives — a note highlighting Micron’s outsized role in S&P earnings revisions underscores the firm’s research influence, which can bolster franchise value and trading/advisory flow. ‘Micron Is Driving over Half of the S&P 500’s Earnings Revisions,’ Says Goldman Sachs
- Neutral Sentiment: Goldman strategists note that narrow pockets of earnings strength are powering the broader market rally—useful context for investors but not a direct driver of GS stock beyond signaling market concentration. Goldman’s Snider Says Narrow Earnings Strength Fuels Stock Rally
- Neutral Sentiment: Goldman continues active research coverage and fresh analyst ideas (e.g., energy dividend ideas, coverage actions on TGS and other names), reinforcing its role as a sell‑side research provider—positive for long‑term franchise but only marginal near‑term impact. Goldman Sachs Bullish on 3 Energy Dividend Stocks Into Q1 Earnings
- Negative Sentiment: Goldman strategists have warned the recent $33B stock‑buying surge may be “a bit much” and could slow, a call that could signal lower future trading volumes and fee income if volatility and buy flows cool. Why a $33 billion stock market buying spree is now winding down
- Negative Sentiment: An outside outlet reported a $870 price target on GS (a raise from earlier levels but below the current market price), which may temper upside expectations for some investors who track consensus targets. The Goldman Sachs Group (NYSE:GS) Price Target Raised to $870.00
About The Goldman Sachs Group
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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