The Goldman Sachs Group (NYSE:GS – Free Report) had its price target increased by Wells Fargo & Company from $970.00 to $1,050.00 in a research report sent to investors on Thursday morning, MarketBeat reports. Wells Fargo & Company currently has an overweight rating on the investment management company’s stock.
Other equities analysts also recently issued research reports about the company. Evercore ISI increased their price objective on The Goldman Sachs Group from $752.00 to $830.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. Citigroup boosted their target price on shares of The Goldman Sachs Group from $700.00 to $765.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. HSBC set a $604.00 price target on shares of The Goldman Sachs Group in a report on Wednesday, January 7th. Barclays upped 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. Finally, Keefe, Bruyette & Woods boosted their price target on The Goldman Sachs Group from $870.00 to $971.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 17th. Eight equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $891.57.
View Our Latest Stock Analysis on The Goldman Sachs Group
The Goldman Sachs Group Price Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its earnings results on Thursday, January 15th. The investment management company reported $14.01 EPS for the quarter, beating analysts’ consensus estimates of $11.52 by $2.49. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The firm had revenue of $13.45 billion for the quarter, compared to the consensus estimate of $14.30 billion. During the same quarter in the previous year, the company posted $11.95 earnings per share. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. As a group, sell-side analysts predict that The Goldman Sachs Group will post 47.12 earnings per share for the current fiscal year.
The Goldman Sachs Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be paid a $4.50 dividend. The ex-dividend date is Monday, March 2nd. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio is presently 32.50%.
Institutional Trading of The Goldman Sachs Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GS. Ignite Planners LLC acquired a new stake in The Goldman Sachs Group during the 2nd quarter worth approximately $239,000. Bank of New York Mellon Corp boosted its holdings in shares of The Goldman Sachs Group by 4.9% in the second quarter. Bank of New York Mellon Corp now owns 3,379,900 shares of the investment management company’s stock valued at $2,392,124,000 after buying an additional 157,473 shares during the period. Wells Trecaso Financial Group LLC increased its position in shares of The Goldman Sachs Group by 0.5% during the second quarter. Wells Trecaso Financial Group LLC now owns 21,534 shares of the investment management company’s stock worth $15,240,000 after acquiring an additional 108 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC acquired a new stake in shares of The Goldman Sachs Group during the second quarter worth $288,000. Finally, Venture Visionary Partners LLC lifted its position in The Goldman Sachs Group by 23.4% in the 2nd quarter. Venture Visionary Partners LLC now owns 4,536 shares of the investment management company’s stock valued at $3,211,000 after acquiring an additional 861 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.
The Goldman Sachs Group News Roundup
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Q4 EPS beat and record equities trading — Goldman reported Q4 EPS well above estimates and set a Wall Street record for equities‑trading revenue, driving upside to profits and supporting higher dividend/buyback capacity. MarketBeat: Goldman Sachs Soars on Q4 Post
- Positive Sentiment: Dividend increase and capital returns — Goldman raised its quarterly dividend to $4.50 (12.5% increase) and signaled buybacks, a clear shareholder‑friendly move that supports valuation and income investors. TipRanks: Dividend Raise
- Positive Sentiment: Strong investment‑banking backlog and 2026 outlook — Management flagged a heavier M&A/investment‑banking pipeline and expects IB revenue to grow, which could sustain earnings momentum if activity persists. MarketBeat: Investment Banking Outlook
- Neutral Sentiment: Exploring new revenue streams — Management said it is watching/tokenization, stablecoins (CLARITY Act) and is exploring prediction markets — long‑term optionality but not immediate revenue. Cointelegraph: CLARITY Act comments
- Neutral Sentiment: Alternatives activity — Goldman Sachs Alternatives participated in a continuation vehicle backing Ecowaste, showing continued private markets deal flow but limited near‑term impact on GS equity. Benzinga: Kinderhook/Ecowaste
- Negative Sentiment: Revenue miss and Apple Card accounting noise — Reported revenue was mixed/variance across sources; the Apple Card transition produced a large accounting impact that reduced revenue but boosted one‑time profit — creates comparability questions for investors. Reuters: Profit Rises; Apple Card note
- Negative Sentiment: Cash‑flow and Platform Solutions concerns — Third‑party reporting highlighted a sharp drop in operating cash flow and ongoing Platform Solutions exit costs/markdowns tied to the consumer portfolio, which could pressure near‑term fundamentals. QuiverQuant: Cash flow item
- Negative Sentiment: Analyst target shifts and valuation debate — Several firms raised price targets (Wells Fargo, KBW) but others trimmed or maintain more conservative views; commentary that the stock is “running hot” and a wide target range increases short‑term volatility risk. MarketScreener: Wells Fargo PT Street Insider: KBW PT
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.
Recommended Stories
- Five stocks we like better than The Goldman Sachs Group
- Wall Street Alert: Buy AES
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.
