The Goldman Sachs Group (NYSE:GS) Price Target Raised to $971.00

The Goldman Sachs Group (NYSE:GS) had its price objective raised by Keefe, Bruyette & Woods from $870.00 to $971.00 in a research note published on Wednesday morning, MarketBeat.com reports. The firm currently has a market perform rating on the investment management company’s stock.

Other equities analysts also recently issued research reports about the stock. HSBC lifted their price objective on shares of The Goldman Sachs Group from $652.00 to $677.00 in a report on Thursday, October 2nd. Wells Fargo & Company boosted their price target on The Goldman Sachs Group from $785.00 to $855.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 16th. Zacks Research cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 16th. BMO Capital Markets initiated coverage on shares of The Goldman Sachs Group in a report on Friday, October 3rd. They issued a “market perform” rating and a $785.00 price target for the company. Finally, Daiwa Capital Markets lifted their target price on The Goldman Sachs Group from $756.00 to $810.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average target price of $792.67.

The Goldman Sachs Group Trading Up 2.0%

Shares of GS stock opened at $893.83 on Wednesday. The firm’s 50 day moving average price is $810.10 and its two-hundred day moving average price is $752.84. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 2.53. The Goldman Sachs Group has a fifty-two week low of $439.38 and a fifty-two week high of $919.10. The stock has a market cap of $268.09 billion, a price-to-earnings ratio of 18.16, a price-to-earnings-growth ratio of 1.16 and a beta of 1.36.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Tuesday, October 14th. The investment management company reported $12.25 EPS for the quarter, topping analysts’ consensus estimates of $10.27 by $1.98. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The business had revenue of $15.18 billion for the quarter, compared to analysts’ expectations of $13.68 billion. During the same period in the previous year, the company posted $8.40 earnings per share. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. On average, analysts anticipate that The Goldman Sachs Group will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 2nd will be issued a dividend of $4.00 per share. This represents a $16.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 32.50%.

Institutional Trading of The Goldman Sachs Group

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of The Goldman Sachs Group by 17.1% during the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after acquiring an additional 508 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in The Goldman Sachs Group by 7.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after acquiring an additional 58 shares during the last quarter. Berkshire Asset Management LLC PA boosted its position in shares of The Goldman Sachs Group by 16.6% during the first quarter. Berkshire Asset Management LLC PA now owns 1,357 shares of the investment management company’s stock worth $768,000 after purchasing an additional 193 shares in the last quarter. EntryPoint Capital LLC bought a new position in The Goldman Sachs Group during the first quarter worth about $239,000. Finally, Erste Asset Management GmbH grew its position in shares of The Goldman Sachs Group by 5.1% in the 1st quarter. Erste Asset Management GmbH now owns 6,037 shares of the investment management company’s stock valued at $3,279,000 after purchasing an additional 294 shares during the period. 71.21% of the stock is currently owned by institutional investors.

More The Goldman Sachs Group News

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

• Positive Sentiment: Goldman publicly reiterated that a year‑end “Santa Claus” rebound remains possible and highlighted tech strength driving upside for equities — a view that can lift prop/trading revenue and boost investor sentiment toward GS’s markets and investment‑banking franchise. Goldman Sachs (GS) Doubles Down on ‘Santa Claus Rally,’ Sees Stocks Rising Into Year’s End
• Positive Sentiment: Goldman hired Qatalyst co‑founder Michael Cayne to help expand its software‑banking push — a strategic talent add that signals intent to grow tech M&A and advisory fees. Exclusive-Goldman hires Qatalyst co-founder Cayne for software banking push, sources say
• Positive Sentiment: Goldman’s alternatives unit is in focus: senior leadership commentary and a $100M growth‑equity round led by Goldman Alternatives (Neural Concept) underscore accelerating fee‑generating private markets activity. That supports recurring management and performance fees. Neural Concept Closes $100M Funding Round Led by Growth Equity at Goldman Sachs Alternatives to Scale AI‑Native Engineering
• Positive Sentiment: Goldman and peers expect India’s IPO boom to extend into 2026, which implies a stronger investment‑banking pipeline and potential underwriting fees for global bankers including GS. Goldman, JPMorgan see D-Street’s record IPO boom extending to 2026
• Positive Sentiment: Broker research support: an outside firm (Keefe, Bruyette & Woods) recently issued a bullish outlook for GS shares — analyst upgrades/price‑target moves can draw incremental investor interest. Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for The Goldman Sachs Group (NYSE:GS) Stock
• Neutral Sentiment: Goldman’s research team issued commodity/market calls (e.g., projecting higher gold prices into 2026) and continues active analyst coverage — these views shape trading flows but are mixed in their direct impact on bank fundamentals. Goldman Sachs (GS) Sees the Price of Gold Rising Another 12% in 2026
• Neutral Sentiment: Goldman’s analyst activity (e.g., coverage moves on names like Texas Instruments) is generating headlines; this underscores the firm’s research reach but is indirect for GS’s own earnings. Texas Instruments Stock (TXN) Opinions on Goldman Sachs Downgrade and Sherman Fab Launch
• Negative Sentiment: Separate investor commentary flags an “excessive NAV discount” for Goldman Sachs BDC, which could weigh on investor sentiment for GS’s listed credit/business‑development products and highlight valuation gaps in parts of its ecosystem. Goldman Sachs BDC: Excessive NAV Discount

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.