The Goldman Sachs Group (NYSE:GS) Price Target Cut to $950.00 by Analysts at Evercore

The Goldman Sachs Group (NYSE:GS) had its price objective lowered by Evercore from $1,075.00 to $950.00 in a research report released on Monday morning,MarketScreener reports. Evercore currently has an outperform rating on the investment management company’s stock.

Several other research analysts have also issued reports on the company. Jefferies Financial Group increased their target price on 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. Rothschild & Co Redburn decreased their target price on The Goldman Sachs Group from $846.00 to $843.00 and set a “neutral” rating for the company in a research report on Friday, March 27th. Wells Fargo & Company increased their target price on The Goldman Sachs Group from $970.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Royal Bank Of Canada increased their target price on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. Finally, Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Eight investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $929.62.

The Goldman Sachs Group Trading Up 0.4%

NYSE GS opened at $866.43 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 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a 50 day simple moving average of $873.60 and a two-hundred day simple moving average of $851.88. The stock has a market cap of $255.59 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 1.13 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $15.71 billion during the quarter, compared to analyst estimates of $14.30 billion. During the same quarter in the prior year, the company earned $11.95 EPS. The business’s revenue was down 3.0% compared to the same quarter last year. On average, analysts forecast that The Goldman Sachs Group will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 2nd were given a dividend of $4.50 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a yield of 2.1%. The Goldman Sachs Group’s dividend payout ratio is 35.09%.

Insider Activity at The Goldman Sachs Group

In related 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 of the company’s stock, valued at $535,758,150. This trade represents a 7.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 4,863 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total value of $4,492,196.25. Following the transaction, the chief accounting officer directly owned 10,301 shares of the company’s stock, valued at approximately $9,515,548.75. This trade represents a 32.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 117,283 shares of company stock worth $112,016,033 over the last quarter. 0.55% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dagco Inc. purchased a new stake in The Goldman Sachs Group during the 4th quarter valued at $25,000. Harbor Capital Advisors Inc. purchased a new stake in The Goldman Sachs Group during the 3rd quarter valued at $26,000. Garton & Associates Financial Advisors LLC purchased a new stake in The Goldman Sachs Group during the 4th quarter valued at $26,000. Manning & Napier Advisors LLC boosted its stake in The Goldman Sachs Group by 287.5% during the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 23 shares during the last quarter. Finally, First PREMIER Bank purchased a new stake in The Goldman Sachs Group during the 3rd quarter valued at $28,000. 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: Jefferies raised near‑term earnings expectations for Goldman, projecting stronger Q1 results driven by a trading surge (Jefferies sees GS EPS of ~$15.60), which supports upside ahead of results. Goldman Sachs, Morgan Stanley seen riding trading boom as dealmaking holds firm, Jefferies says
• Positive Sentiment: Goldman’s private‑credit fund reported Q1 repurchase requests just under its 5% cap — materially lower than industry redemption surges — easing liquidity concerns for GS’s asset‑management arm. Goldman Sachs private credit fund defies redemption surge across industry
• Positive Sentiment: Bank of America expects broadly solid Q1 results across major U.S. banks, including Goldman, which supports sector momentum and reduces downside risk to GS’s upcoming report. US banks set to deliver solid first quarter results amid macroeconomic uncertainty
• Positive Sentiment: Street commentary (Zacks) highlights a setup for GS to report earnings growth next week and argues the firm has the key ingredients for a likely beat, supporting investor expectations. Goldman Sachs (GS) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: Goldman economists published a study on tech‑job displacement and long‑term earnings “scarring” — boosts the firm’s research profile but has limited direct near‑term impact on results. Goldman just looked at 40 years of data on the ‘scarring’ effects of technological disruption and finds Gen Z isn’t the most at risk
• Neutral Sentiment: Goldman flagged an Nvidia‑linked market shift not seen in 13 years — useful macro/flow intelligence for trading desks but indirect to near‑term earnings. Goldman Sachs spots Nvidia-linked shift not seen in 13 years
• Neutral Sentiment: Goldman data shows hedge funds hold the largest net short position on global equities in 13 years — a sign of elevated market volatility that can lift trading revenues but also raises market risk. Hedge Funds Post Largest Net Short on Global Equities in 13 Years: Goldman Sachs
• Negative Sentiment: Evercore trimmed its Goldman Sachs price target to $950 (maintained Outperform), which reduces stated upside and may temper momentum among some investors. Evercore lowers price target on Goldman Sachs
• Negative Sentiment: BMO cut its GS target to $905 (maintained Market Perform) — another downward tweak that can cap near‑term upside and reflect caution on valuation. BMO lowers price target on Goldman Sachs
• Negative Sentiment: An analyst note flags downside risk for Goldman Sachs BDC if NAV growth doesn’t improve, which could weigh on investor sentiment around GS’s alternative‑credit exposure. Goldman Sachs BDC: Downside Risks Remain If NAV Growth Doesn’t Improve

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.