The Goldman Sachs Group (NYSE:GS – Get Free Report) had its price target lifted by Dbs Bank from $890.00 to $1,050.00 in a research note issued to investors on Thursday,MarketScreener reports. Dbs Bank’s price objective points to a potential upside of 12.30% from the stock’s current price.
GS has been the subject of a number of other reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of The Goldman Sachs Group in a research note on Monday, April 13th. 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. Weiss Ratings raised The Goldman Sachs Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. UBS Group upped their price target on The Goldman Sachs Group from $930.00 to $940.00 in a research report on Wednesday. Finally, Keefe, Bruyette & Woods boosted their price objective 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. Nine equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $934.38.
View Our Latest Stock Report on The Goldman Sachs Group
The Goldman Sachs Group Stock Performance
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued its quarterly earnings data on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, beating analysts’ consensus estimates of $15.92 by $1.63. The company had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a net margin of 14.13% and a return on equity of 16.53%. The firm’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 firm earned $14.12 earnings per share. On average, research analysts expect that The Goldman Sachs Group will post 59.53 EPS for the current year.
Insider Transactions at The Goldman Sachs Group
In other The Goldman Sachs Group news, insider Alex S. Golten sold 1,200 shares of The Goldman Sachs Group stock in a transaction on Monday, February 9th. The shares were sold at an average price of $933.30, for a total value of $1,119,960.00. Following the completion of the transaction, the insider directly owned 4,809 shares of the company’s stock, valued at $4,488,239.70. This trade represents a 19.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Sheara J. Fredman sold 10,301 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $929.17, for a total transaction of $9,571,380.17. Following the sale, the chief accounting officer owned 6,338 shares in the company, valued at $5,889,079.46. This represents a 61.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 42,302 shares of company stock worth $39,938,686. 0.55% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On The Goldman Sachs Group
Several large investors have recently added to or reduced their stakes in the stock. Oslo Pensjonsforsikring AS bought a new stake in The Goldman Sachs Group during the first quarter worth approximately $1,148,000. Baader Bank Aktiengesellschaft grew its stake in shares of The Goldman Sachs Group by 26.8% during the first quarter. Baader Bank Aktiengesellschaft now owns 2,273 shares of the investment management company’s stock valued at $1,919,000 after buying an additional 480 shares during the last quarter. Wilkerson Advisory Group LLC grew its stake in shares of The Goldman Sachs Group by 36.7% during the first quarter. Wilkerson Advisory Group LLC now owns 82 shares of the investment management company’s stock valued at $69,000 after buying an additional 22 shares during the last quarter. Glenview Trust Co grew its stake in shares of The Goldman Sachs Group by 1.3% during the first quarter. Glenview Trust Co now owns 99,453 shares of the investment management company’s stock valued at $84,136,000 after buying an additional 1,290 shares during the last quarter. Finally, One Charles Private Wealth Services LLC grew its stake in shares of The Goldman Sachs Group by 33.8% during the first quarter. One Charles Private Wealth Services LLC now owns 396 shares of the investment management company’s stock valued at $335,000 after buying an additional 100 shares during the last quarter. 71.21% of the stock is owned by institutional investors.
Key Headlines Impacting The Goldman Sachs Group
Here are the key news stories impacting The Goldman Sachs Group this week:
- Positive Sentiment: UBS raised its price target on Goldman Sachs to $940, providing a modest analytical boost to sentiment and supporting upside expectations for the shares. UBS adjusts Goldman Sachs price target to $940
- Positive Sentiment: Daiwa published a bullish outlook for GS stock, forecasting strong price appreciation — an endorsement that can attract momentum and institutional interest. Daiwa Securities Group Forecasts Strong Price Appreciation for The Goldman Sachs Group
- Positive Sentiment: Goldman’s research desk has been active and bullish on major chip names (notably Nvidia and AMD). Strong, high‑profile research and price‑target moves can drive trading volumes and bolster investment‑banking positioning. Goldman Sachs ups Nvidia forecasts ahead of earnings
- Positive Sentiment: Goldman Sachs’ dividend-focused ETFs are drawing income-seeking flows, which supports asset-gathering revenue and management fee growth. 3 Best Goldman Sachs Dividend ETFs Offering Up to 10% Passive Income
- Neutral Sentiment: Goldman added members to its management committee — a governance/oversight update that’s more relevant to institutional watchers than to immediate earnings. Goldman Sachs adds members to management committee
- Neutral Sentiment: Goldman’s 2025 retirement-investing report and other thought‑leadership pieces keep the firm visible to advisors and clients but are unlikely to move the stock by themselves. Goldman Sachs’ 2025 Retirement Investing Report: 3 Takeaways
- Neutral Sentiment: An insider sale (Sheara Fredman sold 10,301 shares) is noted by filings but is small relative to GS’s market cap and not necessarily a directional signal. Sheara Fredman Sells Shares of GS
- Negative Sentiment: Goldman Sachs BDC (GSBD) reported a challenging Q1 2026, which could weigh on investor perception of the group’s junior capital products and raises questions about that subsidiary’s near‑term performance. Goldman Sachs BDC Reports Challenging First-Quarter 2026 Results
- Negative Sentiment: A broad momentum-stock selloff (one of the worst days in five years) hit trading-heavy names and could pressure Goldman’s FICC and equities trading revenue in the short term. Momentum stocks suffer major down day
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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