The Goldman Sachs Group (NYSE:GS) Given "Neutral" Rating at JPMorgan Chase & Co.

Key Points

• JPMorgan reiterated a neutral rating on Goldman Sachs, and the Street consensus is a Hold (eight Buys, 14 Holds) with an average price target of $919.48.
• Goldman posted a Q1 beat—$17.55 EPS vs. $15.92 expected and $17.23B revenue—driven by record equities trading and dealmaking, and declared a $4.50 quarterly dividend while pursuing private credit growth and cloud/data investments.
• Risks include weaker FICC revenues, rising operating expenses and credit provisions, and notable insider selling (about 117,283 shares worth roughly $112 million last quarter), which has pressured sentiment.

The Goldman Sachs Group (NYSE:GS - Get Free Report)'s stock had its "neutral" rating reiterated by equities research analysts at JPMorgan Chase & Co. in a report issued on Monday,MarketScreener reports.

Several other analysts have also commented on GS. Jefferies Financial Group decreased their price objective on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating for the company in a report on Monday, April 6th. Zacks Research lowered The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. Keefe, Bruyette & Woods increased their price target on The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a "market perform" rating in a research note on Friday, January 16th. Morgan Stanley lowered their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an "equal weight" rating for the company in a report on Tuesday, March 31st. Finally, Daiwa Securities Group cut their price objective on shares of The Goldman Sachs Group from $940.00 to $891.00 and set a "neutral" rating on the stock in a report on Tuesday, April 7th. Eight analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company's stock. Based on data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of "Hold" and an average target price of $919.48.

The Goldman Sachs Group Stock Up 1.0%

NYSE:GS opened at $899.77 on Monday. The company's 50-day simple moving average is $869.32 and its 200-day simple moving average is $855.18. 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 fifty-two week low of $492.69 and a fifty-two week high of $984.70. The stock has a market capitalization of $265.43 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.19 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Monday, April 13th. The investment management company reported $17.55 EPS for the quarter, beating analysts' consensus estimates of $15.92 by $1.63. The company had revenue of $17.23 billion during the quarter, compared to analysts' expectations of $16.66 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The Goldman Sachs Group's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $14.12 earnings per share. On average, equities analysts anticipate that The Goldman Sachs Group will post 47.12 earnings per share for the current fiscal year.

Insider Activity at The Goldman Sachs Group

In other news, CEO David M. Solomon sold 272 shares of the firm's stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $938.92, for a total value of $255,386.24. Following the completion of the transaction, the chief executive officer directly owned 125,527 shares in the company, valued at $117,859,810.84. This trade represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Denis P. Coleman sold 11,623 shares of The Goldman Sachs Group stock in a transaction dated Monday, February 9th. The stock was 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 trade represents a 28.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 117,283 shares of company stock worth $112,016,033 in the last quarter. 0.55% of the stock is owned by insiders.

Institutional Trading of The Goldman Sachs Group

Several institutional investors and hedge funds have recently bought and sold shares of GS. Purpose Unlimited Inc. acquired a new position in The Goldman Sachs Group during the fourth quarter valued at $570,000. Cornerstone Planning LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth about $4,507,000. Rockefeller Capital Management L.P. raised its stake in shares of The Goldman Sachs Group by 24.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 172,049 shares of the investment management company's stock valued at $151,232,000 after buying an additional 34,044 shares during the last quarter. Bank of New Hampshire raised its stake in shares of The Goldman Sachs Group by 5.2% during the 4th quarter. Bank of New Hampshire now owns 305 shares of the investment management company's stock valued at $268,000 after buying an additional 15 shares during the last quarter. Finally, Osbon Capital Management LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $42,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting The Goldman Sachs Group

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

• Positive Sentiment: Q1 beat driven by record equities and dealmaking — Goldman posted $17.55 EPS on $17.23B revenue, ahead of expectations, with record equities trading and strong investment banking fees supporting profit growth. Reuters: Goldman Sachs posts higher profit
• Positive Sentiment: Dividend declared — GS announced a quarterly dividend ($4.50/share; ex‑dividend June 1), which supports yield‑oriented investor demand and signals confidence in capital return. Yahoo: Goldman Sachs reports record quarter
• Positive Sentiment: Longer‑term strategy and growth opportunities — Management reiterated a push into private credit (path to $300B target) and increased cloud/data investments, suggesting durable fee‑earning opportunities beyond volatile trading windows. MSN: Goldman Sachs outlines path to $300B private credit
• Neutral Sentiment: Mixed analyst reactions — Several firms adjusted price targets and ratings post‑print (some raised targets, some trimmed them), leaving consensus targets elevated but with dispersion among analysts. InsiderMonkey: Analyst cuts GS price target, increases Q2 EPS estimate
• Negative Sentiment: Fixed‑income weakness and rising expenses pressured sentiment — FICC revenues fell year‑over‑year and operating expenses rose, which, combined with higher provisions for credit losses, made investors question the sustainability of the headline beat. Zacks: Goldman Q1 earnings beat but shares fall
• Negative Sentiment: Macro/geopolitical risk flagged by management — CEO warned the Iran conflict could be a headwind if it persists (inflation/volatility implications), adding to market caution. Investopedia: CEO says Iran conflict could be a headwind
• Negative Sentiment: Profit‑taking and rotation after a strong run — Despite the beat, shares pulled back as investors took profits and focused on the uneven business mix (equities strength vs. FICC weakness). NYPost: Stock falls despite earnings

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.

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