The Goldman Sachs Group, Inc. (NYSE:GS) Stock Now Rated "Hold" by Wall Street Brokerages

Key Points

• Analyst sentiment is mixed: Goldman Sachs has a consensus “Hold” rating from 25 brokerages, with an average 12-month price target of $1,052.04.
• Quarterly results topped expectations: The bank reported earnings of $17.01 per share and revenue of $18.68 billion, beating estimates of $12.86 and $16.83 billion, respectively; revenue increased 23% year over year.
• The company announced a quarterly dividend of $5 per share, equivalent to $20 annually and a 2.2% yield. Insiders, including CEO David Solomon, sold shares in recent transactions.

Shares of The Goldman Sachs Group, Inc. (NYSE:GS - Get Free Report) have earned a consensus rating of "Hold" from the twenty-five brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $1,052.04.

Several research analysts have recently commented on the stock. Barclays boosted their price objective on shares of The Goldman Sachs Group from $1,048.00 to $1,245.00 and gave the company an "overweight" rating in a research report on Wednesday, July 15th. Citigroup reiterated a "market perform" rating on shares of The Goldman Sachs Group in a research note on Wednesday, October 14th. Keefe, Bruyette & Woods lowered their target price on The Goldman Sachs Group from $1,130.00 to $1,100.00 and set a "market perform" rating for the company in a report on Wednesday, October 14th. TD Cowen assumed coverage on The Goldman Sachs Group in a report on Thursday, October 8th. They set a "buy" rating and a $1,050.00 target price for the company. Finally, UBS Group dropped their price target on The Goldman Sachs Group from $1,010.00 to $1,000.00 and set a "neutral" rating on the stock in a research report on Monday, November 2nd.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock opened at $910.40 on Wednesday. The company has a market cap of $262.59 billion, a PE ratio of 13.09, a P/E/G ratio of 0.85 and a beta of 1.29. The company has a fifty day moving average price of $927.53 and a two-hundred day moving average price of $956.14. The company has a debt-to-equity ratio of 3.20, a current ratio of 0.61 and a quick ratio of 0.61. The Goldman Sachs Group has a 12 month low of $754.00 and a 12 month high of $1,153.99.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its earnings results on Tuesday, October 13th. The investment management company reported $17.01 earnings per share for the quarter, beating the consensus estimate of $12.86 by $4.15. The Goldman Sachs Group had a net margin of 15.77% and a return on equity of 20.21%. The firm had revenue of $18.68 billion during the quarter, compared to analyst estimates of $16.83 billion. During the same quarter in the previous year, the firm earned $12.25 earnings per share. The firm's revenue for the quarter was up 23.0% compared to the same quarter last year. Research analysts expect that The Goldman Sachs Group will post 71.49 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Wednesday, December 2nd will be given a $5.00 dividend. The ex-dividend date is Wednesday, December 2nd. This represents a $20.00 annualized dividend and a yield of 2.2%. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 28.76%.

Insider Buying and Selling

In related news, insider Ericka T. Leslie sold 100 shares of the company's stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $926.28, for a total value of $92,628.00. Following the completion of the sale, the insider owned 10,460 shares of the company's stock, valued at $9,688,888.80. This represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David M. Solomon sold 12,000 shares of the company's stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $910.72, for a total transaction of $10,928,640.00. Following the completion of the sale, the chief executive officer directly owned 159,180 shares of the company's stock, valued at approximately $144,968,409.60. This represents a 7.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 12,500 shares of company stock worth $11,380,508. Corporate insiders own 0.55% of the company's stock.

Institutional Investors Weigh In On The Goldman Sachs Group

A number of institutional investors and hedge funds have recently bought and sold shares of GS. Orange County Employees Retirement System bought a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth $69,537,544,000. BlackRock Inc. acquired a new stake in shares of The Goldman Sachs Group during the second quarter worth $24,172,123,000. Bank of America Corp DE purchased a new stake in shares of The Goldman Sachs Group during the second quarter valued at $6,756,772,000. Fisher Asset Management LLC lifted its holdings in shares of The Goldman Sachs Group by 1.7% during the third quarter. Fisher Asset Management LLC now owns 7,081,969 shares of the investment management company's stock valued at $6,376,323,000 after purchasing an additional 117,856 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of The Goldman Sachs Group during the second quarter valued at $2,560,028,000. 71.21% of the stock is owned by institutional investors and hedge funds.

More The Goldman Sachs Group News

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

• Positive Sentiment: CEO David Solomon said demand for AI infrastructure financing remains strong, pointing to client activity and the bank’s role in AI-sector transactions. That could support financing and advisory opportunities for Goldman Sachs, though the revenue impact was not quantified. Goldman Sachs sees strong demand for AI infrastructure financing
• Neutral Sentiment: Goldman Sachs is among 21 financial institutions backing Project Faro, which has secured about $270 million in total funding for a planned U.S. stablecoin venture. The group is targeting a 2027 launch, but Goldman’s individual contribution and the project’s potential returns were not disclosed, making the near-term financial effect uncertain. Goldman and Citi help fund $270 million stablecoin venture
• Neutral Sentiment: A Goldman Sachs analyst reportedly projected that Anthropic could generate $685 billion in annual revenue by 2030. This is a forecast about an AI company—not Goldman Sachs—and is relevant mainly as a sign of the scale of the AI opportunity its banking and financing businesses may serve. Goldman Sachs predicts Anthropic could generate $685 billion in annual revenue
• Negative Sentiment: A Zacks analysis cited slowing earnings as a risk heading into 2027, tempering the positive outlook from AI-related growth opportunities. Is Goldman Sachs an attractive investment option heading into 2027?

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc. is a global financial services firm founded in 1869 and headquartered in New York City. It serves corporations, financial institutions, governments and individuals across major financial markets worldwide. The company's businesses include investment banking, global markets, and asset and wealth management. Its services include advising on mergers and acquisitions and other strategic transactions, helping clients raise capital, facilitating trading and risk management, and managing investments and wealth for institutions and individuals.

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