The Goldman Sachs Group, Inc. (NYSE:GS) Receives $1,061.43 Average Target Price from Brokerages

The Goldman Sachs Group, Inc. (NYSE:GS) has been assigned a consensus rating of “Hold” from the twenty-three research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $1,062.8571.

A number of research analysts have recently commented on the stock. Bank of America upped their price objective on shares of The Goldman Sachs Group from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Weiss Ratings lowered The Goldman Sachs Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Morgan Stanley set a $1,145.00 price target on The Goldman Sachs Group in a report on Wednesday, July 15th. CICC Research raised their price objective on The Goldman Sachs Group from $825.00 to $980.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Finally, JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $900.00 to $955.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Strong earnings and investment-banking activity: Goldman Sachs recently reported quarterly EPS of $20.98, substantially above the $14.47 consensus estimate, while revenue rose 39.4% year over year to $20.34 billion. Equity trading, mergers and acquisitions, and high-profile IPOs are cited as key drivers behind the stock’s recovery. Goldman Sachs stock doubles from Liberation Day lows
• Positive Sentiment: Bullish analyst outlook: A highly rated analyst has strongly endorsed GS following its blockbuster results, reinforcing expectations for continued earnings strength and supporting investor confidence. Five-Star Analyst Pounds the Table on Goldman Sachs Stock
• Positive Sentiment: Broader business expansion: Goldman is embedding artificial intelligence across its operations to improve productivity and expand fee-based revenue. Its premium-income ETFs are also reportedly outperforming comparable JPMorgan products on yield and returns, highlighting progress in asset and wealth management. Goldman’s AI Strategy
• Neutral Sentiment: Deal activity remains active: Goldman served as an underwriter for Twist Bioscience’s upsized equity offering and helped Attovia Therapeutics raise $289 million in an IPO. These transactions support advisory and underwriting revenue, although they do not directly change Goldman’s ownership or earnings outlook. Twist Bioscience Completes Upsized Public Equity Offering
• Negative Sentiment: Macro and valuation risks persist: Goldman’s forecasts for elevated oil prices amid the U.S.-Iran conflict and concerns that the AI rally may have bubble-like characteristics could increase market volatility and weigh on trading, deal activity and investor risk appetite. Goldman Sachs’ new oil price target

Insider Activity

In other news, CFO Denis P. Coleman sold 6,857 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $973.55, for a total transaction of $6,675,632.35. Following the completion of the transaction, the chief financial officer directly owned 31,070 shares of the company’s stock, valued at approximately $30,248,198.50. This trade represents a 18.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.55% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Bridgewater Advisors Inc. acquired a new stake in The Goldman Sachs Group during the second quarter valued at approximately $9,050,000. Bank Hapoalim BM acquired a new position in shares of The Goldman Sachs Group in the 2nd quarter worth approximately $246,000. BIP Wealth LLC bought a new position in shares of The Goldman Sachs Group during the 2nd quarter worth approximately $1,502,000. Phillips Financial Management LLC acquired a new stake in The Goldman Sachs Group in the 2nd quarter valued at $244,000. Finally, Trifecta Capital Advisors LLC acquired a new stake in The Goldman Sachs Group in the 2nd quarter valued at $13,247,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Up 0.9%

Shares of GS stock opened at $1,062.20 on Monday. The Goldman Sachs Group has a 1 year low of $705.55 and a 1 year high of $1,153.99. The firm’s fifty day simple moving average is $1,055.78 and its 200 day simple moving average is $956.78. The firm has a market capitalization of $309.28 billion, a P/E ratio of 16.39, a price-to-earnings-growth ratio of 1.07 and a beta of 1.30. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.17.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share for the quarter, beating analysts’ consensus estimates of $14.47 by $6.51. The firm had revenue of $20.34 billion during the quarter, compared to the consensus estimate of $16.22 billion. The Goldman Sachs Group had a net margin of 15.53% and a return on equity of 19.16%. The business’s revenue was up 39.4% on a year-over-year basis. During the same period in the prior year, the firm earned $10.91 EPS. As a group, sell-side analysts predict that The Goldman Sachs Group will post 68.89 EPS for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $5.00 per share. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.50. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, September 1st. The Goldman Sachs Group’s dividend payout ratio is presently 27.78%.

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.