Analysts Set The Goldman Sachs Group, Inc. (NYSE:GS) Target Price at $1,062.86

The Goldman Sachs Group, Inc. (NYSE:GS) has been assigned an average rating of “Moderate Buy” from the twenty-four brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $1,062.8571.

A number of equities research analysts have weighed in on the stock. UBS Group upped their price objective on shares of The Goldman Sachs Group from $1,120.00 to $1,150.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Evercore reaffirmed an “outperform” rating on shares of The Goldman Sachs Group in a research report on Monday, July 6th. Oppenheimer downgraded The Goldman Sachs Group from a “market perform” rating to an “underperform” rating in a report on Tuesday, June 30th. HSBC raised shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Finally, Morgan Stanley set a $1,145.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, July 15th.

The Goldman Sachs Group Price Performance

Shares of GS stock opened at $1,034.35 on Friday. The business’s fifty day moving average is $1,048.89 and its 200 day moving average is $968.74. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.17. The stock has a market cap of $301.17 billion, a price-to-earnings ratio of 15.96, a PEG ratio of 1.05 and a beta of 1.30. The Goldman Sachs Group has a twelve month low of $721.16 and a twelve month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Tuesday, July 14th. The investment management company reported $20.98 EPS for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The firm had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The company’s quarterly revenue was up 39.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $10.91 EPS. Research analysts expect that The Goldman Sachs Group will post 68.89 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is currently 27.78%.

More The Goldman Sachs Group News

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman Sachs received a Zacks Rank #1 (Strong Buy), reflecting improving earnings expectations and the potential for continued momentum in its businesses. All You Need to Know About Goldman Rating Upgrade to Strong Buy
• Positive Sentiment: Brokerage sentiment remains supportive, with analysts assigning GS an average “Moderate Buy” recommendation. Goldman’s strong recent earnings performance and broadening presence in investment banking, asset management, ETFs and alternatives reinforce the long-term thesis. Goldman Sachs Given Average Recommendation of Moderate Buy
• Positive Sentiment: Goldman Sachs Alternatives led a $240 million funding round for Owner, an AI-focused platform serving local businesses. The deal highlights Goldman’s ability to generate alternative-investment activity and related fees, although the direct earnings impact is likely limited. Owner Raises 240 Million Led by Goldman Sachs Alternatives
• Neutral Sentiment: An AFM filing identified Goldman Sachs as a 2.97% shareholder in Qiagen. The disclosure demonstrates investment activity but does not by itself materially change Goldman’s operating outlook. Goldman Sachs Revealed as a Shareholder in Qiagen
• Negative Sentiment: GS is challenging proposed changes to the global systemically important bank (GSIB) capital surcharge. Higher required buffers could constrain returns, capital deployment and shareholder distributions if regulators adopt a tougher framework. Goldman Faces GSIB Capital Fight and SEC AI Fund Subpoenas
• Negative Sentiment: The SEC has subpoenaed Goldman and other major banks regarding margin lending to hedge fund Situational Awareness, which suffered a sharp loss during an AI-stock sell-off. The investigation raises compliance, leverage and potential litigation risks, though no wrongdoing has been established. SEC Probe Puts Wall Street Leverage Risk Back in Focus

Institutional Investors Weigh In On The Goldman Sachs Group

Large investors have recently bought and sold shares of the business. Cornerstone Financial Management LLC lifted its stake in The Goldman Sachs Group by 45.2% during the 2nd quarter. Cornerstone Financial Management LLC now owns 61 shares of the investment management company’s stock valued at $62,000 after acquiring an additional 19 shares during the period. Formuepleje A S purchased a new position in shares of The Goldman Sachs Group during the second quarter valued at approximately $27,880,000. HORAN Wealth LLC purchased a new position in shares of The Goldman Sachs Group during the second quarter valued at approximately $428,000. Wellington Grp LLC lifted its position in The Goldman Sachs Group by 10.1% during the second quarter. Wellington Grp LLC now owns 1,930 shares of the investment management company’s stock valued at $1,952,000 after purchasing an additional 177 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in The Goldman Sachs Group in the second quarter worth approximately $39,803,000. 71.21% of the stock is currently owned by institutional investors.

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.