The Goldman Sachs Group (NYSE:GS – Get Free Report) had its price objective reduced by Morgan Stanley from $1,078.00 to $1,021.00 in a research note issued on Tuesday,MarketScreener reports. The brokerage currently has an “equal weight” rating on the investment management company’s stock. Morgan Stanley’s price objective indicates a potential upside of 18.56% from the stock’s current price.
GS has been the subject of a number of other research reports. JPMorgan Chase & Co. lifted their price objective on The Goldman Sachs Group from $815.00 to $826.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Bank of America raised their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Royal Bank Of Canada boosted their price objective on shares of The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 20th. Autonomous Res reduced their price objective on shares of The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Finally, Barclays raised their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Eight analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $929.52.
The Goldman Sachs Group Price Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last released its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The company had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same period in the previous year, the firm posted $11.95 earnings per share. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. On average, analysts forecast that The Goldman Sachs Group will post 47.12 EPS for the current fiscal year.
Insider Activity
In other news, CAO Sheara J. Fredman sold 4,863 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the completion of the sale, the chief accounting officer directly owned 10,301 shares of the company’s stock, valued at $9,515,548.75. The trade was a 32.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David A. Viniar sold 45,000 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the sale, the director directly owned 555,000 shares of the company’s stock, valued at $535,758,150. This represents a 7.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,283 shares of company stock valued at $112,016,033 in the last ninety days. 0.55% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in The Goldman Sachs Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after buying an additional 418,820 shares during the period. State Street Corp boosted its position in The Goldman Sachs Group by 2.1% in the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after buying an additional 394,198 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of The Goldman Sachs Group by 1.7% during the fourth quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock valued at $5,952,199,000 after acquiring an additional 110,134 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of The Goldman Sachs Group by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock valued at $5,896,795,000 after acquiring an additional 45,266 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of The Goldman Sachs Group by 3.4% during the fourth quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock worth $5,254,692,000 after acquiring an additional 194,109 shares during the last quarter. Institutional investors and hedge funds 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 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
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.
Further Reading
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