Shares of The Goldman Sachs Group, Inc. (NYSE:GS – Get Free Report) have earned a consensus recommendation of “Hold” from the twenty-three research firms that are presently covering the stock, Marketbeat.com reports. Fourteen research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $941.8182.
Several research firms have weighed in on GS. Dbs Bank boosted their target price on shares of The Goldman Sachs Group from $890.00 to $1,050.00 in a report on Thursday, May 7th. Morgan Stanley set a $900.00 target price on shares of The Goldman Sachs Group in a report on Friday, June 12th. JPMorgan Chase & Co. boosted their target price on shares of The Goldman Sachs Group from $826.00 to $900.00 and gave the company a “neutral” rating in a report on Friday, June 12th. Citigroup boosted their target price on shares of The Goldman Sachs Group from $765.00 to $930.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Evercore decreased their target price on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating on the stock in a report on Monday, April 6th.
Check Out Our Latest Report on The Goldman Sachs Group
Insider Activity
Institutional Investors Weigh In On The Goldman Sachs Group
Institutional investors and hedge funds have recently made changes to their positions in the stock. Stevens Capital Management LP purchased a new stake in shares of The Goldman Sachs Group during the third quarter worth about $1,392,000. Audent Global Asset Management LLC grew its holdings in The Goldman Sachs Group by 10.1% in the fourth quarter. Audent Global Asset Management LLC now owns 5,238 shares of the investment management company’s stock valued at $4,604,000 after purchasing an additional 479 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in The Goldman Sachs Group by 3.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 215,482 shares of the investment management company’s stock valued at $189,409,000 after purchasing an additional 8,154 shares during the period. M&G PLC purchased a new stake in The Goldman Sachs Group in the third quarter valued at approximately $1,939,000. Finally, Rathbones Group PLC grew its holdings in The Goldman Sachs Group by 12.6% in the third quarter. Rathbones Group PLC now owns 276,364 shares of the investment management company’s stock valued at $220,082,000 after purchasing an additional 30,825 shares during the period. 71.21% of the stock is owned by hedge funds and other institutional investors.
The Goldman Sachs Group Stock Performance
GS opened at $1,099.46 on Friday. The firm has a market capitalization of $324.35 billion, a PE ratio of 20.09, a PEG ratio of 1.43 and a beta of 1.30. The Goldman Sachs Group has a twelve month low of $630.01 and a twelve month high of $1,125.00. The firm’s 50-day moving average price is $979.32 and its 200 day moving average price is $919.74. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 2.89.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last posted its quarterly earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The firm had revenue of $17.23 billion for the quarter, compared to analyst estimates of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The Goldman Sachs Group’s quarterly revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the business posted $14.12 earnings per share. As a group, sell-side analysts expect that The Goldman Sachs Group will post 59.6 EPS for the current fiscal year.
The Goldman Sachs Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be issued a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, June 1st. The Goldman Sachs Group’s payout ratio is presently 32.89%.
Trending Headlines about The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Negative Sentiment: Goldman Sachs lowered its 2026 year-end gold target by $500 to $4,900, reflecting reduced expectations for Fed rate cuts and increasing risk of rate hikes. Gold Price Target Slashed by Goldman on Fed Rate Hike Risk
- Negative Sentiment: Multiple follow-up reports echoed Goldman’s more cautious gold outlook, reinforcing the view that tighter monetary policy could keep pressure on bullion prices. The Fed’s new hawkish reality just forced Goldman Sachs to slash its gold forecast by $500
- Neutral Sentiment: Goldman also said its gold view remains structurally constructive over the long term, but tactically cautious in the near term as policy uncertainty persists. Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
- Neutral Sentiment: Separately, Goldman Sachs was mentioned in coverage on oil and shipping flows through Hormuz, but that commentary appears more macro-focused than directly material to GS shares. Hormuz Reopens, Yet Businesses Warn Oil Crisis Isn’t Over
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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