The Goldman Sachs Group (NYSE:GS) Given New $1,021.00 Price Target at Morgan Stanley

The Goldman Sachs Group (NYSE:GS) had its price target lowered by Morgan Stanley from $1,078.00 to $1,021.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage presently has an “equal weight” rating on the investment management company’s stock. Morgan Stanley’s price target would indicate a potential upside of 18.87% from the company’s previous close.

Several other brokerages have also recently weighed in on GS. Jefferies Financial Group lifted their price objective on shares of The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. HSBC lowered their target price on shares of The Goldman Sachs Group from $802.00 to $729.00 in a report on Wednesday. BMO Capital Markets lifted their price target on shares of The Goldman Sachs Group from $980.00 to $985.00 and gave the company a “market perform” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. boosted their price target on The Goldman Sachs Group from $815.00 to $826.00 and gave the company a “neutral” rating in a research note on Tuesday, March 10th. Finally, Keefe, Bruyette & Woods increased their price target on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the stock a “market perform” rating in a research report on Friday, January 16th. Eight investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $929.52.

The Goldman Sachs Group Stock Performance

GS stock traded up $12.94 during trading hours on Tuesday, hitting $858.93. 1,199,901 shares of the stock were exchanged, compared to its average volume of 2,472,586. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60. The firm has a market capitalization of $253.38 billion, a P/E ratio of 16.75, a P/E/G ratio of 0.97 and a beta of 1.34. The company has a 50-day simple moving average of $879.64 and a two-hundred day simple moving average of $849.89. The Goldman Sachs Group has a 12 month low of $439.38 and a 12 month high of $984.70.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The company had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter in the previous year, the business posted $11.95 earnings per share. The Goldman Sachs Group’s quarterly revenue was down 3.0% on a year-over-year basis. On average, analysts forecast that The Goldman Sachs Group will post 47.12 earnings per share for the current fiscal year.

Insider Buying and Selling

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 13,151 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the transaction, the executive vice president directly owned 39,007 shares in the company, valued at approximately $37,408,883.21. This represents a 25.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David A. Viniar sold 45,000 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $965.33, for a total value of $43,439,850.00. Following the transaction, the director directly owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. This represents a 7.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 117,283 shares of company stock worth $112,016,033 in the last ninety days. Insiders own 0.55% of the company’s stock.

Institutional Investors Weigh In On The Goldman Sachs Group

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in The Goldman Sachs Group by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock worth $25,503,685,000 after purchasing an additional 418,820 shares in the last quarter. State Street Corp lifted its stake in The Goldman Sachs Group by 2.1% during the 4th quarter. State Street Corp now owns 19,564,783 shares of the investment management company’s stock valued at $17,197,444,000 after acquiring an additional 394,198 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in The Goldman Sachs Group by 1.7% during the fourth quarter. Fisher Asset Management LLC now owns 6,771,556 shares of the investment management company’s stock worth $5,952,199,000 after purchasing an additional 110,134 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of The Goldman Sachs Group by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 6,726,721 shares of the investment management company’s stock worth $5,896,795,000 after buying an additional 45,266 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of The Goldman Sachs Group by 3.4% during the fourth quarter. Bank of America Corp DE now owns 5,978,034 shares of the investment management company’s stock valued at $5,254,692,000 after acquiring an additional 194,109 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

Key Headlines Impacting The Goldman Sachs Group

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

• Positive Sentiment: Goldman has a strong track record of quarterly earnings surprises and Zacks says the bank currently has the factors that point toward another beat — a direct positive for investor sentiment and valuation expectations. Will Goldman (GS) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Goldman highlights real, measurable AI productivity gains (workers saving up to ~60 minutes/day) and says many companies haven’t adopted AI yet — implying Goldman can both cut costs internally and sell AI-related advisory/technology services, supporting margins and fee income. AI is saving workers up to an hour a day — but Goldman Sachs says 80% of companies aren’t using it yet
• Positive Sentiment: Goldman analysts struck a constructive market tone as April began, saying the recent pullback improves the setup for Q1 earnings season — guidance that can lift investor risk appetite and trading/IB volumes. This commentary has likely supported buying in GS. Goldman Sachs: Market Pullback Creates Favorable April Setup as Q1 Earnings Loom
• Neutral Sentiment: Goldman is participating as an arranger/adviser on client moves (e.g., Experian share buyback execution), which generates fees but is routine — supportive of IB/markets revenue but not a game-changer. Experian Extends Share Buyback Ahead of May Results
• Neutral Sentiment: Goldman’s research/actions (e.g., upgrades like Nokia) and its role in capturing ECM share in Japan highlight the firm’s franchise strength in advisory and research — steady positives for fee pools but gradual in impact. Goldman, BofA Set to Capture Bigger Share of Japan’s ECM Deals
• Negative Sentiment: Goldman warned a client tool for shorting loans isn’t ready — a minor execution setback that could delay product revenue or frustrate institutional clients, and it underlines some operational risk. Goldman tells clients eager to short loans its tool isn’t ready

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.