The Goldman Sachs Group, Inc. (NYSE:GS) Given Consensus Rating of “Hold” by Brokerages

Shares of The Goldman Sachs Group, Inc. (NYSE:GSGet Free Report) have been given a consensus rating of “Hold” by the twenty-two analysts that are covering the firm, Marketbeat.com reports. Fourteen research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $929.6190.

A number of research firms have recently commented on GS. Bank of America increased their price objective on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Barclays increased 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 research note on Monday, January 5th. Daiwa Securities Group increased their price objective on shares of The Goldman Sachs Group from $927.00 to $940.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. BNP Paribas Exane increased their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Finally, Evercore reduced their price objective on shares of The Goldman Sachs Group from $1,075.00 to $950.00 and set an “outperform” rating for the company in a research note on Monday.

Check Out Our Latest Analysis on GS

The Goldman Sachs Group News Summary

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

  • Positive Sentiment: Goldman’s private-credit fund reported redemption requests of just under 5% in Q1, well inside its repurchase cap — a sign the firm’s product held up while peers faced large outflows (supports asset-gathering and fee stability). Article Title
  • Positive Sentiment: Jefferies expects Goldman to benefit from a trading boom and raised Q1 EPS estimates — stronger trading and market-volatility-driven revenues would support near-term results and margins. Article Title
  • Positive Sentiment: Goldman research/strategists are flagging attractive tech stock valuations and Goldman upgraded Netflix — such calls can drive trading and advisory activity and signal constructive market views from the firm’s research desk. Article Title
  • Neutral Sentiment: Goldman published research warning AI-driven job losses could cause lasting earnings “scarring” for workers — important macro research but only an indirect driver of GS revenue. Article Title
  • Neutral Sentiment: Goldman’s market notes warn copper and oil face downside/volatility if the Strait of Hormuz disruption continues — this is market research that may boost trading activity but also signals macro risk exposure. Article Title
  • Negative Sentiment: Several firms trimmed Goldman’s price target (Evercore, BMO; Jefferies also adjusted its PT while keeping a buy rating) — analyst PT reductions can weigh on sentiment even if underlying business remains strong. Article Title

The Goldman Sachs Group Price Performance

GS stock opened at $866.43 on Tuesday. The stock has a 50-day moving average price of $873.60 and a two-hundred day moving average price of $851.88. The stock has a market cap of $255.59 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 1.13 and a beta of 1.32. 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 Goldman Sachs Group has a 1 year low of $439.38 and a 1 year high of $984.70.

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

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 2nd were paid a dividend of $4.50 per share. The ex-dividend date was Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.1%. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.09%.

Insiders Place Their Bets

In related news, Treasurer Carey Halio sold 2,846 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $927.17, for a total value of $2,638,725.82. Following the completion of the sale, the treasurer directly owned 2,017 shares in the company, valued at approximately $1,870,101.89. This trade represents a 58.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John F.W. Rogers sold 13,151 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the sale, the executive vice president owned 39,007 shares of the company’s stock, valued at $37,408,883.21. This trade represents a 25.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 117,283 shares of company stock worth $112,016,033 in the last three months. Insiders own 0.55% of the company’s stock.

Institutional Investors Weigh In On The Goldman Sachs Group

Several hedge funds have recently bought and sold shares of GS. Brighton Jones LLC lifted its stake in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after purchasing an additional 508 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after purchasing an additional 58 shares during the last quarter. Sivia Capital Partners LLC lifted its position in The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock worth $1,098,000 after acquiring an additional 735 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in The Goldman Sachs Group by 9.3% during the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock worth $581,000 after acquiring an additional 70 shares during the last quarter. Finally, VestGen Advisors LLC lifted its position in The Goldman Sachs Group by 51.2% during the second quarter. VestGen Advisors LLC now owns 5,677 shares of the investment management company’s stock worth $4,018,000 after acquiring an additional 1,923 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

About The Goldman Sachs Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for The Goldman Sachs Group (NYSE:GS)

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