Jefferies Financial Group Cuts The Goldman Sachs Group (NYSE:GS) Price Target to $1,049.00

The Goldman Sachs Group (NYSE:GS) had its price target lowered by research analysts at Jefferies Financial Group from $1,125.00 to $1,049.00 in a research note issued to investors on Monday,MarketScreener reports. The firm presently has a “buy” rating on the investment management company’s stock. Jefferies Financial Group’s price objective would indicate a potential upside of 21.03% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. upped their price objective 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. Daiwa Securities Group upped their price target on The Goldman Sachs Group from $927.00 to $940.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Evercore cut their price target on 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. Zacks Research lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Bank of America boosted their price objective on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, The Goldman Sachs Group currently has an average rating of “Hold” and an average target price of $929.62.

The Goldman Sachs Group Stock Performance

NYSE GS opened at $866.73 on Monday. The company has a market capitalization of $255.68 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 1.13 and a beta of 1.32. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66. The Goldman Sachs Group has a 52-week low of $439.38 and a 52-week high of $984.70. The company has a 50-day simple moving average of $874.90 and a 200 day simple moving average of $851.45.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share 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 firm had revenue of $15.71 billion for the quarter, compared to analysts’ expectations of $14.30 billion. During the same period in the previous year, the company earned $11.95 earnings per share. The company’s quarterly revenue was down 3.0% on a year-over-year basis. On average, research analysts predict that The Goldman Sachs Group will post 47.12 EPS for the current year.

Insider Buying and Selling

In related news, Director David A. Viniar sold 45,000 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the sale, the director directly owned 555,000 shares in the company, valued at approximately $535,758,150. The trade was a 7.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John F.W. Rogers sold 13,151 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the sale, the executive vice president directly owned 39,007 shares in the company, valued at $37,408,883.21. This trade represents a 25.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 117,283 shares of company stock valued at $112,016,033 in the last 90 days. Corporate insiders own 0.55% of the company’s stock.

Institutional Trading of The Goldman Sachs Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Acropolis Investment Management LLC increased its holdings in shares of The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company’s stock worth $554,000 after purchasing an additional 11 shares during the period. Walkner Condon Financial Advisors LLC boosted its stake in The Goldman Sachs Group by 2.0% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company’s stock valued at $505,000 after buying an additional 11 shares during the period. Optas LLC boosted its stake in The Goldman Sachs Group by 0.4% during the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company’s stock valued at $2,244,000 after buying an additional 11 shares during the period. Pines Wealth Management LLC grew its position in The Goldman Sachs Group by 0.4% during the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company’s stock worth $2,255,000 after buying an additional 11 shares in the last quarter. Finally, Welch & Forbes LLC grew its position in The Goldman Sachs Group by 0.8% during the fourth quarter. Welch & Forbes LLC now owns 1,430 shares of the investment management company’s stock worth $1,257,000 after buying an additional 11 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

Key The Goldman Sachs Group News

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

• Positive Sentiment: Goldman’s private credit fund saw investor repurchase requests of just under 5% in Q1 and met those redemptions below its quarterly cap, signaling liquidity management and investor confidence in its alternative-asset products — supports fee stability for GS Asset Management. Goldman Sachs private credit fund defies redemption surge across industry
• Positive Sentiment: Goldman added dividend names to its Conviction List and placed regional bank Citizens Financial Group on its US Conviction List — actions that highlight the strength and influence of GS research and can help attract client flows/AUM and advisory mandates. Goldman Sachs Adds 2 Dividend Stocks to Conviction List With Huge Upside Potential
• Neutral Sentiment: Goldman upgraded Netflix to Buy and raised its price target — a sign the research desk is active and occasionally producing market-moving calls, but individual coverage moves normally have limited direct impact on GS’s stock. Netflix upped to Buy at Goldman on ’more positive risk-reward from current levels’
• Neutral Sentiment: Goldman’s commodity and macro research (oil supply analysis, gold price outlook, bitcoin views) continues to shape market narratives — valuable for advisory and trading desks but neutral in isolation for GS’s equity valuation. Is the world running out of oil? Here are three ways Goldman Sachs is answering that critical question.
• Negative Sentiment: Goldman-reported data shows hedge funds hold the largest net short on global equities in 13 years and record gross leverage — a market-structure warning that could increase volatility and weigh on GS trading revenues if risk-off conditions persist. Hedge Funds Post Largest Net Short on Global Equities in 13 Years: Goldman Sachs
• Negative Sentiment: Coverage flagged downside risks at Goldman Sachs BDC if NAV growth doesn’t improve — elevated credit/BDC concerns could pressure related valuation multiples and investor sentiment toward GS’s credit/alternative exposures. Goldman Sachs BDC: Downside Risks Remain If NAV Growth Doesn’t Improve

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.