The Goldman Sachs Group (NYSE:GS – Get Free Report) had its price target cut by investment analysts at Rothschild & Co Redburn from $843.00 to $839.00 in a research note issued on Tuesday,MarketScreener reports. The brokerage currently has a “neutral” rating on the investment management company’s stock. Rothschild & Co Redburn’s price objective would indicate a potential downside of 2.10% from the company’s current price.
Other analysts have also recently issued research reports about the company. BMO Capital Markets lowered their price objective on The Goldman Sachs Group from $985.00 to $905.00 and set a “market perform” rating for the company in a research report on Monday. Daiwa Securities Group upped their target price 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. Barclays boosted their price target on 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. BNP Paribas Exane increased their price objective on shares of The Goldman Sachs Group from $775.00 to $970.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Finally, Zacks Research cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Eight investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and a consensus target price of $927.10.
Get Our Latest Stock Report on GS
The Goldman Sachs Group Trading Down 1.0%
The Goldman Sachs Group (NYSE:GS – Get Free Report) last announced its earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $14.30 billion. During the same period last year, the firm earned $11.95 earnings per share. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. As a group, sell-side analysts forecast that The Goldman Sachs Group will post 47.12 EPS for the current fiscal year.
Insider Buying and Selling
In other news, CFO Denis P. Coleman sold 11,623 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $941.57, for a total value of $10,943,868.11. Following the sale, the chief financial officer directly owned 29,342 shares of the company’s stock, valued at $27,627,546.94. This represents a 28.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction 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 trade represents a 7.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,283 shares of company stock worth $112,016,033 in the last quarter. 0.55% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On The Goldman Sachs Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in GS. Dagco Inc. acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $25,000. Harbor Capital Advisors Inc. purchased a new position in The Goldman Sachs Group during the third quarter valued at approximately $26,000. Garton & Associates Financial Advisors LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $26,000. Manning & Napier Advisors LLC boosted its position in The Goldman Sachs Group by 287.5% in the 4th quarter. Manning & Napier Advisors LLC now owns 31 shares of the investment management company’s stock worth $27,000 after purchasing an additional 23 shares in the last quarter. Finally, First PREMIER Bank acquired a new stake in shares of The Goldman Sachs Group during the 3rd quarter worth approximately $28,000. 71.21% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: Goldman’s private‑credit fund avoided the sectorwide rush of redemptions, fulfilling repurchase requests just under its 5% cap — a sign of client stability in its asset‑management business and lower liquidity stress versus peers. Goldman Sachs private credit fund defies redemption surge across industry
- Positive Sentiment: Goldman strategists flag a “generational” buying opportunity in beaten‑up US tech stocks; that view supports client flow and could boost trading and prime brokerage revenue if market rotation continues. A generational buying opportunity has opened up for U.S. tech stocks, says Goldman Sachs
- Positive Sentiment: Broker Jefferies expects a trading boom and raised near‑term EPS forecasts for GS (reflecting stronger trading/deal activity), which supports expectations for a solid Q1 print. Goldman Sachs, Morgan Stanley seen riding trading boom as dealmaking holds firm, Jefferies says
- Neutral Sentiment: Goldman’s research actions (e.g., upgrading Netflix to Buy and raising targets) highlight a strong research franchise that can generate commission and investment‑banking leads, but these moves are indirect for GS’s own stock performance. Netflix upped to Buy at Goldman on ’more positive risk-reward from current levels’
- Neutral Sentiment: Goldman research is also flagging commodity and supply‑chain risks (oil/copper) tied to Strait of Hormuz disruptions — important macro research that could influence client positioning but is a mixed signal for GS revenue. Goldman Warns on Copper as Iran War Threatens Global Economy
- Negative Sentiment: Several Street firms trimmed Goldman’s own price targets (Evercore, BMO, Jefferies) — although most kept positive/neutral ratings, the cuts reflect more conservative near‑term upside and may cap further rallies. Evercore adjusts PT on Goldman Sachs to 950 from 1,075 BMO adjusts PT on Goldman Sachs Group to 905 from 985 Jefferies adjusts PT on Goldman Sachs Group to 1,049 from 1,125
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.
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