The Goldman Sachs Group (NYSE:GS) Posts Quarterly Earnings Results, Beats Expectations By $2.49 EPS

The Goldman Sachs Group (NYSE:GS) announced its earnings results on Thursday. The investment management company reported $14.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.52 by $2.49, Zacks reports. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. During the same quarter in the previous year, the company posted $11.95 earnings per share.

The Goldman Sachs Group Stock Performance

GS stock opened at $932.49 on Thursday. The business’s fifty day moving average is $861.31 and its 200-day moving average is $789.40. The company has a market cap of $279.68 billion, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 0.99 and a beta of 1.33. 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 twelve month low of $439.38 and a twelve month high of $961.69.

Analyst Upgrades and Downgrades

GS has been the subject of several recent analyst reports. Barclays raised their price objective on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Royal Bank Of Canada lifted their price target on The Goldman Sachs Group from $843.00 to $900.00 and gave the company a “sector perform” rating in a report on Friday, December 12th. Wells Fargo & Company upped their price target on shares of The Goldman Sachs Group from $855.00 to $970.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Daiwa Capital Markets raised their price objective on shares of The Goldman Sachs Group from $823.00 to $927.00 and gave the company a “neutral” rating in a research report on Tuesday, January 6th. Finally, Evercore ISI boosted their target price on shares of The Goldman Sachs Group from $752.00 to $830.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. Five research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus price target of $849.61.

Hedge Funds Weigh In On The Goldman Sachs Group

Institutional investors have recently modified their holdings of the stock. Talisman Wealth Advisors LLC raised its position in shares of The Goldman Sachs Group by 3.6% in the 2nd quarter. Talisman Wealth Advisors LLC now owns 460 shares of the investment management company’s stock valued at $326,000 after acquiring an additional 16 shares during the period. Graney & King LLC increased its stake in The Goldman Sachs Group by 51.5% in the second quarter. Graney & King LLC now owns 50 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 17 shares in the last quarter. Strategic Wealth Investment Group LLC raised its holdings in The Goldman Sachs Group by 1.5% in the second quarter. Strategic Wealth Investment Group LLC now owns 1,545 shares of the investment management company’s stock worth $1,094,000 after purchasing an additional 23 shares during the period. Yukon Wealth Management Inc. lifted its holdings in The Goldman Sachs Group by 1.2% during the third quarter. Yukon Wealth Management Inc. now owns 2,163 shares of the investment management company’s stock worth $1,722,000 after acquiring an additional 25 shares in the last quarter. Finally, Betterment LLC lifted its holdings in The Goldman Sachs Group by 4.7% during the third quarter. Betterment LLC now owns 622 shares of the investment management company’s stock worth $495,000 after acquiring an additional 28 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group News Roundup

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

• Positive Sentiment: Market tailwind: U.S. futures and tech stocks are rebounding, putting broad upward pressure on bank and trading names including Goldman ahead of its earnings report. Stock Market Today
• Positive Sentiment: Potential deal fees: Goldman is reportedly working on Bitpanda’s potential Frankfurt IPO as one of the lead banks — any completed role would add investment banking fees and be a near-term positive catalyst. Bitpanda IPO report
• Positive Sentiment: Analyst revisions ahead of Q4: Several Wall Street analysts have updated forecasts ahead of GS’s Q4 print, implying some upward estimate movements that can support the stock if Goldman beats or guides positively. Forecast changes ahead of Q4
• Neutral Sentiment: Earnings expectations: Street consensus expects Q4 EPS of about $11.6–$11.7 and revenue near $13.8B — these set clear beat/ miss benchmarks that will drive intraday moves when results arrive. CNBC earnings preview
• Neutral Sentiment: Analyst consensus = cautious: The average analyst rating on GS is “Hold,” signaling balanced expectations — good results could move the stock materially higher, but middling outcomes may leave shares muted. Analyst ratings summary
• Negative Sentiment: Regulatory risk to payments sector: Goldman research flagged that proposed credit-card reforms could create near-term risks for payments companies — increased market volatility in payments could pressure trading and advisory flows tied to that sector. Credit card regulation analysis

About The Goldman Sachs Group

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.