The Goldman Sachs Group (NYSE:GS – Free Report) had its target price lowered by BMO Capital Markets from $985.00 to $905.00 in a research report sent to investors on Monday morning,MarketScreener reports. The brokerage currently has a market perform rating on the investment management company’s stock.
GS has been the topic of several other reports. Autonomous Res lowered their price target on The Goldman Sachs Group from $1,047.00 to $960.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. BNP Paribas Exane raised their price target on The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Evercore lowered their price target on The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating on the stock in a research report on Monday. HSBC lowered their price target on The Goldman Sachs Group from $802.00 to $729.00 in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group lowered their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a “buy” rating on the stock in a research report on Monday. Eight analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $929.62.
View Our Latest Stock Report on The Goldman Sachs Group
The Goldman Sachs Group Trading Up 0.4%
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its 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 15.72%. The business’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $11.95 earnings per share. On average, analysts forecast 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 announced 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 represents a $18.00 dividend on an annualized basis and a yield of 2.1%. 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. The Goldman Sachs Group’s dividend payout ratio (DPR) is 35.09%.
Insider Buying and Selling at The Goldman Sachs Group
In other The Goldman Sachs Group news, CEO David M. Solomon sold 272 shares of the firm’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $938.92, for a total transaction of $255,386.24. Following the completion of the transaction, the chief executive officer owned 125,527 shares in the company, valued at $117,859,810.84. This trade represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the transaction, the executive vice president owned 39,007 shares of the company’s stock, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 117,283 shares of company stock valued at $112,016,033 over the last quarter. Company insiders own 0.55% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GS. Dagco Inc. bought a new position in The Goldman Sachs Group during the fourth quarter worth about $25,000. Harbor Capital Advisors Inc. bought a new position in The Goldman Sachs Group during the third quarter worth about $26,000. Garton & Associates Financial Advisors LLC bought a new position in The Goldman Sachs Group during the fourth quarter worth about $26,000. Manning & Napier Advisors LLC lifted its stake 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 worth $27,000 after purchasing an additional 23 shares during the period. Finally, First PREMIER Bank bought a new position in The Goldman Sachs Group during the third quarter worth about $28,000. Institutional investors own 71.21% of the company’s stock.
Key Headlines Impacting The Goldman Sachs Group
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.
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