The Goldman Sachs Group (NYSE:GS) Upgraded at Zacks Research

Zacks Research upgraded shares of The Goldman Sachs Group (NYSE:GS) from a hold rating to a strong-buy rating in a report published on Monday morning,Zacks.com reports.

Several other brokerages also recently commented on GS. Dbs Bank upped their price objective 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. HSBC set a $604.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, January 7th. Citigroup lifted their target price on shares of The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Royal Bank Of Canada increased their price target on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lifted their price objective on The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and an average target price of $898.00.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $952.68 on Monday. The Goldman Sachs Group has a fifty-two week low of $439.38 and a fifty-two week high of $984.70. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.65 and a current ratio of 1.13. The stock has a market cap of $285.74 billion, a P/E ratio of 18.57, a price-to-earnings-growth ratio of 1.10 and a beta of 1.33. The firm’s fifty day moving average price is $876.79 and its 200-day moving average price is $797.88.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, topping the consensus estimate of $11.52 by $2.03. The firm had revenue of $15.71 billion for the quarter, compared to the consensus estimate of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The business’s revenue was down 3.0% compared to the same quarter last year. During the same period last year, the firm posted $11.95 earnings per share. On average, equities research analysts expect that The Goldman Sachs Group will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be given a dividend of $4.50 per share. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s payout ratio is currently 31.20%.

Insiders Place Their Bets

In other The Goldman Sachs Group news, Director David A. Viniar sold 19,796 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $964.27, for a total value of $19,088,688.92. Following the completion of the transaction, the director directly owned 103,390 shares of the company’s stock, valued at approximately $99,695,875.30. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 68,186 shares of company stock worth $65,820,670. 0.55% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On The Goldman Sachs Group

Several institutional investors and hedge funds have recently made changes to their positions in GS. Fisher Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group by 1.9% during the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock valued at $5,304,824,000 after purchasing an additional 121,676 shares in the last quarter. Bank of New York Mellon Corp grew 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 worth $2,392,124,000 after acquiring an additional 157,473 shares during the period. Norges Bank bought a new stake in shares of The Goldman Sachs Group during the 2nd quarter valued at about $2,138,031,000. Invesco Ltd. lifted its stake in shares of The Goldman Sachs Group by 3.5% in the 3rd quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock worth $2,319,905,000 after purchasing an additional 97,387 shares during the period. Finally, Legal & General Group Plc boosted its holdings in shares of The Goldman Sachs Group by 1.4% in the third quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock worth $1,680,393,000 after buying an additional 28,642 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group News Summary

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

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.